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 […]
Platinum Equity’s Credit Team Leads A Debt Recapitalization for Mellott Company
LOS ANGELES (July 29, 2026) – Platinum Equity announced today that its credit team led a debt recapitalization of the Mellott Company (“Mellott”), providing financing in support of the company’s existing owners, MFG Partners and the Mellott family, who continue to own the business. Headquartered in Warfordsburg, Pennsylvania, Mellott provides a full spectrum of integrated […]
Platinum Equity and Nestlé to Create Peranel, a $5.6 Billion Leader in Water and Premium Beverages
Joint venture establishes a global platform for over 30 brands across water, hydration and premium beverages Standalone business expected to benefit from Platinum Equity’s carve-out experience and operational expertise LONDON (July 23, 2026) – Platinum Equity and Nestlé announced today a plan to create Peranel, a 50/50 joint venture for Nestlé’s waters and premium beverages […]
Anuvu Appoints Former HBO Executive Simon Sutton as Chief Executive Officer
LOMBARD, Ill. – Anuvu, the leading provider of worldwide entertainment solutions for mobility markets and high-speed inflight connectivity, recently announced the appointment of Simon Sutton as Chief Executive Officer. “Simon is an experienced operator with a history of building and scaling global media and content distribution businesses,” said Ali Bajwa, Principal at Platinum Equity. “His […]
Detroit Neighborhood Demands Community Hub. The Tom Gores Family Foundation Responds with $20M Investment
DETROIT – The Cody Rouge neighborhood, on the far west side, is located in District 7, the city’s only district without an indoor community center for youth and families. For years, community members have repeatedly reached out to local government officials to ask for a space to gather, play and socialize. “In this area, we had […]
Platinum Equity to Invest in Grand Appliance
Leading Midwest appliance distributor to join forces with Platinum-backed R&B Wholesale Distributors LOS ANGELES (July 1, 2026) – Platinum Equity today announced a definitive agreement to invest in Grand Appliance (“Grand”), a leading Midwest retailer and distributor of appliances and consumer electronics. Founded in 1930, Grand is a fourth-generation family-owned business built on trusted relationships, […]
Cision Working With Bloomberg Media to Bring Journalism into Communications Workflows
NEW YORK, June 8 – Bloomberg Media today announced a new partnership with Cision, a global leader in consumer and media intelligence, to expand access to Bloomberg’s premium full-text journalism directly within CisionOne, Cision’s media intelligence platform. Through the integration, eligible Bloomberg.com Group Subscribers will be able to view, monitor, and engage with Bloomberg reporting alongside the platform tools they already use […]
Platinum Equity Celebrates Graduating JRLA Seniors, Announces Scholarship Recipients
DEARBORN, Mich. – After weeks of meetings, advice and mentoring from Platinum Equity representatives, the day had finally arrived for the Jalen Rose Leadership Academy senior class. Adorned in personally decorated caps and gowns, applause erupted throughout the Ford Community & Performing Arts Center as the 2026 JRLA senior class graduated in early June. Employees from the Platinum Equity-sponsored mentorship program joined the celebration. “My mentee (Aniya Davis) and I developed a really great relationship […]
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