Platinum Equity’s Credit Team Leads New Term Loan for RELAM

A bright yellow RELAM railway maintenance machine sits on train tracks under a blue sky with scattered clouds | Platinum Equity

Incumbent lender Platinum steps up again with new financing solution to support RELAM’s continued growth LOS ANGELES (Oct. 10, 2024) – Platinum Equity announced today it led a new and upsized Second-Lien Term Loan (“Term Loan”) for Railway Equipment Leasing and Maintenance Inc. (“RELAM”) to refinance the company’s existing indebtedness and support future growth of […]

Platinum Equity and Butterfly to Acquire Rise Baking Company

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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

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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

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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

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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 […]