Platinum Equity to Acquire USRobotics®
Acquisition Will Strengthen Leading Network Connectivity Provider; Positions Company on a Platform for Growth Through Additional Acquisitions LOS ANGELES and CHICAGO (August 15, 2005) – Platinum Equity will acquire USRobotics in an all-cash transaction that will both strengthen the pioneering Internet connectivity and networking product provider and position it for future growth, the two companies […]
Platinum Equity Signs Agreement to Acquire Supply Chain Business from LESCO Inc.
BEVERLY HILLS, Calif. (July 27, 2005) – Platinum Equity announced today that it has reached a definitive agreement to acquire substantially all of the supply chain and distribution assets of LESCO Inc. (NASDAQ: LSCO), a leading provider of products and supplies to the professional turf care industry. The assets being acquired include four blending facilities […]
Platinum Equity Acquires American Racing Equipment Inc.
Premier Manufacturer Of High Performance Automotive Wheels Is Envisioned As Platform for Additional Acquisitions BEVERLY HILLS, Calif. (July 21, 2005) – Platinum Equity announced today that it has acquired American Racing Equipment Inc., a leading manufacturer of high-performance automotive wheels to aftermarket customers in North America, from Noranda Aluminum Inc. Based in Southern California with […]
Global Crossing Announces Sale of Small Business Group to Platinum Equity’s Matrix Telecom
Florham Park, NJ — Global Crossing (NASDAQ: GLBC) announced today that it has entered into a purchase agreement to sell its small business group (SBG) to Matrix Telecom®, a Platinum Equity company. Under the agreement, Global Crossing will receive $40.5 million in gross cash proceeds for SBG. In addition, Global Crossing and Matrix have entered […]
Platinum Equity Acquires Universal Group Direct and Dial Business Units from Vivendi Universal
Businesses in France and the United Kingdom are Europe’s Largest Club-Based Marketers of DVD, CD and Video Game Entertainment LOS ANGELES (Jan. 17, 2005) – Platinum Equity announced today that it has acquired Universal Group Direct and DIAL – Europe’s largest club-based marketers of DVD, CD and video game entertainment – from Vivendi Universal. […]
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