Platinum Equity Completes Sale of Global Environmental Services Business Urbaser to Blackstone and EQT for $6.6 Billion

Sale of Madrid-based environmental infrastructure platform follows multi-year transformation process LONDON (September 22, 2026) – Platinum Equity announced today that the sale of Urbaser to Blackstone and EQT in a transaction valued at approximately $6.6 billion (€5.6 billion) has been completed. Urbaser is a global integrated environmental infrastructure platform specialized in the collection, management and […]
Platinum Equity’s Credit Team Combines Flexible Capital with an Operator’s Perspective

As private credit navigates an evolving economic backdrop, Platinum Credit is building its franchise around flexibility, operational insight and the ability to address financing needs that do not neatly fit into a standardized lending model. The approach draws upon Platinum Equity’s three decades of investing and operating experience. That perspective helps the credit team understand […]
The Wall Street Journal Illustrates Platinum Equity’s Expansive Carve-Out Blueprint

The Wall Street Journal recently highlighted Platinum Equity’s carve-out strategy, in which the firm targets corporate businesses that may no longer fit a parent company’s priorities but can be repositioned for growth under new ownership. The approach is reflected in Platinum Equity’s recent $5.6 billion joint venture with Nestlé, in which Platinum acquired a 50% […]
Platinum Equity’s Italian Playbook Pays Off with De Wave Exit

Sale of Genoa-based marine interiors company highlights a long-term strategy built on local relationships, cultural fluency and commitment to the Italian market When Platinum Equity agreed to acquire De Wave Group in 2019, the investment thesis centered on a highly regarded Italian business with strong technical capabilities and a leadership position in the global cruise […]
Platinum to Sell De Wave Group Following Multi-Year Transformation

Global marine interiors specialist more than doubled revenue and EBITDA during Platinum Equity ownership, and surpassed €1 billion backlog Transaction underscores Platinum Equity’s commitment to investing and operating in Italy LONDON (September 8, 2026) – Platinum Equity announced today the signing of a definitive agreement to sell De Wave Group (“De Wave”), a leading provider […]
Variety: Deluxe Announces Localization Partnership with Tokyo-based Tohokushinsha

Deluxe recently announced a “strategic partnership” with Tokyo-based Tohokushinsha Film Corporation to “expand localization services across the Asia-Pacific region,” according to Variety. Variety writes the non-exclusive deal combines Deluxe Media Inc.’s relationships with leading studios and streamers, global scale and technology-driven localization knowledge with Tohokushinsha’s decades of creative expertise and market knowledge in Japan. The companies […]
Here’s Why Platinum Equity and Tom Gores Sponsor the JRLA Celebrity Golf Classic

DEARBORN, Mich. – When Messiah Bethel talks about the Jalen Rose Leadership Academy, he doesn’t begin with academics. He starts with family. Bethel, who will attend Michigan State University in the fall, describes a place where older students mentor younger classmates and teachers offer life advice as readily as classroom instruction. Those daily connections, he […]
Platinum Equity Completes Acquisition of Tangent Technologies

LOS ANGELES (July 31, 2026) – Platinum Equity announced today it has completed the acquisition of Tangent Technologies (“Tangent”), a leading manufacturer of high-performance synthetic materials utilized across a wide range of outdoor living, marine, decking, fencing, infrastructure and other industrial markets. Financial terms of the transaction were not disclosed. Headquartered in Aurora, Illinois, Tangent […]
Platinum Equity Invests in North American Lighting Specialist LMPG

Firm to partner with LMPG founder and management team, who will continue leading the company and remain significant investors Transaction extends Platinum’s investment activity in Canada LOS ANGELES (July 31, 2026) – Platinum Equity announced today a significant investment in LMPG Inc. (“LMPG” or the “Company”), a leading North American manufacturer of specification-grade lighting solutions. […]
Rehlko Announces €12M Expansion of Power Control & Distribution Manufacturing Facility in Cholet, France

MILWAUKEE – Rehlko, a global energy resilience leader delivering innovative solutions across industrial energy systems, powertrain technologies, and home energy applications, recently announced the strategic expansion of its Power Control & Distribution manufacturing facility in Cholet, France. The milestone, recognized during a visit by President and CEO Brian Melka, will significantly enhance Rehlko’s ability to […]