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Platinum Equity and Butterfly to Acquire Rise Baking Company

An assortment of baked goods and desserts, including cakes, cookies, muffins, pastries, and decorated cupcakes, arranged neatly on a light surface. | Platinum Equity

Leading operational private equity firms partner to accelerate Rise’s next chapter of growth LOS ANGELES, CA – September 17, 2024 – Global investment firm Platinum Equity and Butterfly, a Los Angeles-based private equity firm specializing in the food sector, today announced the acquisition of Rise Baking Company (“Rise”). Platinum Equity and Butterfly will be equal […]

Kohler Energy Rebrands as Rehlko

rehlko logo | Platinum Equity

Ushering in New Era of Sustainable Energy Innovation: Rehlko builds on a 100-plus-year legacy of powering an energy resilient world for a better future. KOHLER, Wis. – September 17th, 2024 – Kohler Energy today officially rebranded under its new corporate name Rehlko (pronounced RELL-koh), marking a major milestone in the company’s 100 -plus-year history delivering innovative, […]

Platinum Equity Acquires Controlling Stake in Inventia Healthcare

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Acquisition of Mumbai-based generic pharmaceutical business led by Platinum’s Asia investment team LOS ANGELES and MUMBAI (August 28, 2024) – Platinum Equity announced today the acquisition of a controlling stake in Inventia Healthcare Limited’s core Oral Solid Dosage (“OSD”) business (“Inventia”) from India Life Sciences Fund III (Advised by InvAscent), NYLIM Jacob Ballas India Fund […]

Platinum Equity Investment in Tak Communications Fueled by Expected Rise of Fiber

A worker wearing a safety vest and helmet operates a large yellow Vermeer D23x30 directional drill on grass, with orange cones placed nearby. | Platinum Equity

The fiber-to-the-home market is expected to grow with the rise in streaming TV and other factors contributing to that growth. Earlier this year, while explaining Platinum Equity’s investment in broadband provider Tak Communications, Managing Director Krasner is quick to note that Amazon Prime Video’s airing of an NFL playoff game earlier this year – with […]

Platinum Equity, Tom Gores continue support for annual JRLA Celebrity Golf Classic

Three men stand together at a podium during an outdoor event, smiling and speaking into microphones. The podium sign reads “14th Annual Jalen Rose Leadership Academy Celebrity Golf Classic.” | Platinum Equity

DETROIT – Platinum Equity representatives recently joined celebrities, athletes and community leaders to support the 14th annual Jalen Rose Leadership Academy Celebrity Golf Classic, a fundraising event to support the public charter school bearing the name of the former NBA standout. For the 11th straight year, Platinum Equity Founder and CEO Tom Gores and the firm were […]

Platinum Equity Acquires ASP Global

Three padded medical support boots in black, purple, and blue are placed on a bed, each with straps and name labels. | Platinum Equity

LOS ANGELES (August 6, 2024) – Platinum Equity announced today the acquisition of ASP Global, a leading strategic partner to the healthcare industry that develops, sources and distributes consumable medical products for healthcare providers and distributors. Financial terms were not disclosed. Based in Atlanta, ASP leverages its global sourcing network to provide high-quality products that […]

Platinum Equity Sells BluRoc to Mollitiam Holdings

A construction worker wearing a safety vest and helmet directs a large yellow excavator moving on wooden planks over a muddy area. | Platinum Equity

Divesture marks final exit of Platinum’s Yak Access Investment LOS ANGELES  (July 29, 2024) – Platinum Equity announced today the sale of BluRoc LLC to Mollitiam Holdings. Financial terms were not disclosed. Headquartered in Northampton, Massachusetts, BluRoc is a provider of temporary and permanent access roads, midstream projects, renewable infrastructure, access matting, environmental controls, land […]

Platinum Equity to Acquire GSM Outdoors

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LOS ANGELES (July 23, 2024) – Platinum Equity announced today the signing of a definitive agreement to acquire GSM Outdoors from Gridiron Capital. Financial terms were not disclosed. The acquisition is expected to be completed in Q3 2024. Headquartered in Irving, Texas, GSM Outdoors is a leading outdoor and consumer sporting goods company with a […]

Platinum Equity Completes Sale of Hunterstown Power

Image of industry planet | Platinum Equity

LOS ANGELES (July 19, 2024) – Platinum Equity announced today that the sale of the Hunterstown power generation facility and related assets to LS Power has been completed. Financial terms were not disclosed. Located in Gettysburg, Pennsylvania, the Hunterstown facility is a combined-cycle gas turbine generating power plant that provides 810 MW to the PJM […]

Fantini Group portco days offer chances for employee education. They also explain why Platinum Equity invested in Italian wine producer’s growth

4 people sitting on a panel having a discussion in front of audience | Platinum Equity

BEVERLY HILLS, Calif. – Earlier this year, Platinum Equity employees gathered for an elevated happy hour, featuring the Fantini Group. The Italian wine producer and Platinum Equity portfolio company presented a tasting experience with its award-winning wines, the firm’s third portco day where portfolio companies are invited to demonstrate products and technology. It is part […]