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Platinum Equity Invests in HVAC/R Distributor Global, The Source

A male HVAC technician wearing a white hard hat and gloves is crouched down, working on the internal wiring of an outdoor air conditioning unit. The side panel of the unit is open, revealing the intricate electrical components. Another identical unit is visible next to it, and a box from the brand "MARS" is on the ground. The setting is outdoors with trees and a building in the background. | Platinum Equity

Global to join forces with Motors & Armatures;  Philip Windham named CEO of growing HVAC/R platform LOS ANGELES (December 6, 2024) – Platinum Equity announced today a significant investment in Global, the Source (“Global”), a leading master distributor of HVAC/R components, and its subsidiary AmRad Manufacturing LLC. The transaction marks Platinum Equity’s second investment in […]

How Oregon Tool, Other Platinum Equity Portcos Aided Hurricane-Stricken Areas

A branded trailer and pop-up tent setup for the Disaster Response Team. The trailer has a large Oregon logo and a graphic of stacked logs. Under the red tent, two men in high-visibility vests and an orange t-shirt are working on a table with tools and equipment. The setting is an outdoor parking lot with trees and a cloudy sky in the background. | Platinum Equity

While Hurricane Helene was causing devastating flooding in western North Carolina in late September, Oregon Tool technical sales specialist Millard Kidder and other members of his team were making plans to travel to the area to lend a helping hand. Called the Oregon Tool Disaster Response Team, the group deploys teams across the country to […]

Platinum Equity’s Credit Team Leads Acquisition Financing for Branding Iron Holdings

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LOS ANGELES (Dec. 2, 2024) – Platinum Equity announced today it provided financing to Branding Iron Holdings in connection with Kingswood Capital Management’s recent acquisition of the company. Branding Iron is a leading provider of branded and private label protein products, with a core focus on frozen and refrigerated ground meats. “We are pleased to […]

Centerfield Acquires Social Commerce Platform Brainjolt

A view of a modern office lobby. The "Centerfield" logo is mounted on a light gray wall, with the stylized logo in bright blue neon. To the right, a large, stylized black and white mural of a bulldog is painted on the wall. Two tall snake plants in black planters flank a black storage unit beneath the logo. | Platinum Equity

LOS ANGELES, November 21, 2024 /PRNewswire/ — Centerfield, a premier technology service for digital customer acquisition, today announced the acquisition of Brainjolt, a social commerce platform that curates and promotes products to its engaged audiences on Meta, Snap and TikTok. Centerfield’s digital brands and proprietary platform, Dugout, engage in-market consumers and supercharge customer acquisition for […]

Cabinetworks CEO: How Tandem Has Company Poised for Expected Housing Market Uptick

A dark blue wall in an office with the "CABINETWORKS GROUP" logo in white at the top. Below the logo, a large motivational phrase is written: "We never stop building" in white, followed by "life into the kitchen" in a bright blue color. | Platinum Equity

LIVONIA, Mich. – Although the housing market remains challenging, Cabinetworks Group CEO Jeff Jackson is cautiously optimistic that the company is poised for growth following a turbulent post-pandemic period that has resulted in pent-up demand for home construction and remodeling. Since taking the role of CEO this summer, Jackson and parent firm Platinum Equity have […]

Jostens Announces $640 Million Dividend Recap

A detailed shot of a printing press in operation. A piece of paper with a colorful design is visible on a conveyor belt under a bright, glowing blue light. The machine's internal components, including circuit boards with green lights and various wires, are in the background. The overall scene is dark with the machinery illuminated by the blue and green lights. | Platinum Equity

Koch Equity Development invests $450 million, will own minority stake in the business LOS ANGELES (November 12, 2024) – Platinum Equity portfolio company Jostens today announced a nearly $640 million recapitalization in connection with a $450 million strategic equity investment from an affiliate of Koch Equity Development LLC (“KED”), the principal investing and acquisition arm […]

Ingram Micro begins trading on NYSE

A fisheye, high-angle shot of a large group of people gathered on a balcony overlooking the New York Stock Exchange trading floor. The people are smiling, with many giving a thumbs-up. The trading floor is visible below, with circular desks and numerous digital screens displaying stock information. The railing in the foreground has the INGRAM MICRO logo on it. | Platinum Equity

Stock closed first day of trading up nearly 12% at $24.60 vs IPO price of $22 Offering raised more than $400 million in Ingram Micro’s return to public markets NEW YORK — Executives from Platinum Equity-backed Ingram Micro (INGM.N) rang the bell at the New York Stock Exchange (NYSE) on Thursday, October 24 to celebrate […]