Platinum Equity to Acquire GSM Outdoors

A calm forest lake with clear water reflecting green pine trees and a bright blue sky with clouds. | Platinum Equity

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 […]

Platinum Equity Invests in HVAC/R Distributor Motors & Armatures

Technician working on HVAC system outdoors | Platinum Equity

Firm to partner with MARS’ current shareholders and management team, which will continue as equity partners Transaction extends momentum of Platinum Equity’s Small Cap team LOS ANGELES (July 17, 2024) – Platinum Equity announced today a significant investment in Motors & Armatures, Inc. (MARS), a leading distributor of HVAC/R parts, supplies and equipment in the […]

Héroux-Devtek Enters into Definitive Agreement to be Acquired by Platinum Equity

Factory image of metal equipment | Platinum Equity

LONGUEUIL, QC, July 11, 2024 – Héroux-Devtek Inc. (TSX: HRX) (“Héroux-Devtek” or the “Corporation”), a leading international manufacturer of aerospace products and the world’s third-largest landing gear manufacturer, today announced that it has entered into an arrangement agreement with an affiliate (the “Purchaser”) of Platinum Equity Advisors, LLC (“Platinum Equity”), a U.S. based private equity […]

Platinum Equity’s Credit Team Provides Term Loan to Westfall Technik

LOS ANGELES (June 13, 2024) – Platinum Equity announced today it provided a First-Lien Term Loan to Westfall Technik to refinance existing indebtedness and support future growth of the business. Westfall Technik is a vertically-integrated manufacturer of injection molded plastic components that primarily serves the healthcare and consumer packaged goods end markets. The company provides […]

Platinum Equity Portfolio Company Hop Lun Acquires P.H. Garment

adding guide to fabric using tailor chalk | Platinum Equity

LOS ANGELES and HONG KONG (June 6, 2024) – Platinum Equity portfolio company Hop Lun, one of the world’s largest designers and manufacturers of intimate apparels, announced today the acquisition of P.H. Garment. Headquartered in Hong Kong, P.H. Garment is an innovative private label manufacturer of high-quality bras, shapewear and performance-driven active wear for world renowned […]

Platinum Equity to Acquire Sunrise Medical

Person in a wheelchair with sports clothes, a doc, positions on a small water pier | Platinum Equity

Investment in Germany-based maker of wheelchairs and mobility solutions adds to momentum of Platinum’s European investment team LOS ANGELES (June 5, 2024) – Platinum Equity announced today the signing of a definitive agreement to acquire Sunrise Medical, a world leader in advanced assistive mobility solutions, from Nordic Capital. Financial terms were not disclosed. The acquisition […]

Platinum Equity Portfolio Company HC Companies Acquires Classic Home & Garden

Two elegant stone urn planters filled with vibrant greenery and red flowers, with the focus on the one in the foreground near a doorway. | Platinum Equity

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

A panel of 4 people sitting under a sign titled with 2024 global conference | Platinum Equity

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 […]