Platinum Equity Portfolio Company HC Companies Acquires Classic Home & Garden
Complementary acquisition brings together leaders in functional pots and decorative containers to create “one stop shop” for horticulture growers, retailers and distributors LOS ANGELES, May 28, 2024 – The HC Companies, a leading North American manufacturer of horticultural containers, announced today the acquisition of Classic Home & Garden (CHG), a premier provider of decorative and functional […]
Platinum Equity’s Jacob Kotzubei Talks Coping with Inflation at Milken
For the second consecutive year, Platinum Equity Co-President Jacob Kotzubei was invited to participate in a Milken Institute Global Conference panel discussion. Flanked by other senior private equity investment professionals during an hour-long discussion titled Private Equity Delivering Value, Kotzubei addressed many topics, which included: Platinum Equity’s operational approach to building value. Platinum Equity’s long […]
Club Car Championship Raises an Event Record $450,000 for Charity
The recent Club Car Championship raised a record $450,000 for Savannah, Ga. charities, according to WTOC-TV. Pro golfer Steven Fisk birdied three of the final four holes of regulation to win in a sudden-death playoff at The Club Car Championship, which is part of the Korn Ferry Tour. The event has raised more than $1.6 […]
Kohler Co. and Platinum Equity Close Transaction to Establish Kohler Energy as Independent Business
KOHLER, Wis. – May 6, 2024 – Kohler Co. and Platinum Equity announced today the companies have closed the transaction to establish Kohler Energy as a separate, independent business. Platinum Equity is now the majority owner of the Energy business and Kohler Co. remains an investment partner. Financial details are not being disclosed. Kohler Energy […]
How Platinum Equity Earned ‘Trust’ as Investment Partner for Kohler Co.
In late 2019, Platinum Equity was performing diligence on Kohler Co.’s energy resilience division. Kohler Co., a global name with more than 40,000 employees, is known for its kitchen and bath products. But the pandemic hit. With uncertainty, the Kohler family decided to temporarily pause the sale process. Over the next few years, Platinum Equity […]
Club Car Unveils New Facility to Build Club Car Urban in Georgia
APPLING, Ga. – With elected officials and area business leaders on hand, Club Car officially opened its new manufacturing facility recently with a ribbon-cutting ceremony. Club Car CEO Mark Wagner and Georgia Governor Brian Kemp did the honors, cutting the ceremonial ribbon in front of employees and community members who assembled outside the 105,000 square-foot flexible […]
Platinum Equity Ops, Winc Leadership ‘Rose to the Occasion’
SYDNEY – The distribution center west of Australia’s largest city is operating efficiently on the warm September day. Winc Supply Chain Director Chris Fox proudly takes visitors by rows of empty pallets neatly stacked near the loading dock. He points to fully automated robots moving boxes of workplace supplies like headphones, cleaning products, staples, hand […]
Platinum Equity Partner Mark Barnhill, Pistons Host 2nd-Chance Event
DETROIT – An event co-sponsored by the Detroit Pistons, the NBA and a variety of government and support organizations aimed to give more than 170 formerly incarcerated citizens a second chance through legal assistance and job counseling. The Second Chance Summit in Detroit included a clinic, in which volunteer lawyers helped eligible individuals apply for […]
Platinum Equity Program Provides Mentorship for JRLA. And Genuine Fun.
DETROIT – Roaring laughter – and a little friendly trash talk – was heard in the Little Caesars Arena interview room only minutes before the start of the Detroit Pistons game against the Indiana Pacers on March 20. Jalen Rose Leadership Academy freshman basketball coach Demarcus Wingate sat on the podium where Pistons players normally take […]
Platinum Equity Completes Acquisition of Horizon Organic and Wallaby from Danone
Leading dairy products brands projected to benefit from Platinum Equity’s carve-out experience and operational expertise LOS ANGELES (April 2, 2024) – Platinum Equity today announced that the acquisition of a majority interest in Horizon Organic and Wallaby from Danone has been completed. Horizon Organic is the largest USDA-certified organic dairy brand in the world and […]
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