Platinum Equity Flexes Ops Muscles To Stay Ahead of the Curve on Tariffs
BEVERLY HILLS, CA (May 13, 2025) – Companies worldwide have been forced onto uncertain footing in assessing and mitiga...
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May 14, 2025
Platinum Equity Flexes Ops Muscles To Stay Ahead of the Curve on Tariffs
BEVERLY HILLS, CA (May 13, 2025) – Companies worldwide have been forced onto uncertain footing in assessing and mitigating the impact of recently implemented – and still evolving – U.S. tariff policies. Platinum Equity has responded by flexing its operations muscles and leaning into pricing and supply chain initiatives that were expanding even before the shift in trade policy increased their importance. “We’re on top of it. We know where the risk lies. We know where to move,” said Managing Director Christian Cook, one of several operations executives leading the firm’s tari...
Read moreMay 12, 2025
Platinum Equity, Celebrities Continue Support of JRLA Golf Outing: ‘An Amazing Cause’
DETROIT — The Platinum Equity-sponsored Jalen Rose Celebrity Golf Classic serves as an annual fundraiser to support the tuition-free, public charter school in northwest Detroit. It’s also a chance for a fun time, according to Emmy Award-winning journalist Jemele Hill, who participated for the first time last August. “It was just a family atmosphere,” said Hill, who took up golf only three years ago. “There was some competitive golf happening and for those of us just beginning, we were just trying not to embarrass ourselves.” “I’ve had a little more time to practice th...
Read morePress Releases • May 02, 2025
Platinum Equity's Credit Team Leads Refinancing for Impact Climate Technologies
Incumbent lender Platinum steps up again with new financing solution to support ICT’s continued growth LOS ANGELES (April 30, 2025) – Platinum Equity announced today it led a financing for Impact Climate Technologies to refinance its existing indebtedness and support future growth of the business. ICT is a leading supplier of design-assist engineering and manufacturers’ representation services to the commercial HVAC industry across data center, healthcare, life sciences, education, government, industrial and other commercial end markets. ICT offers a comprehensive range of HVAC pro...
Read moreMay 02, 2025
$50K in Scholarships, Food Drive Highlight Platinum Equity’s JRLA Mentorship Outing
DETROIT – Boxes of milk cartons, bread, fresh tomatoes and other kitchen staples were piled high outside Jalen Rose Leadership Academy on a cold Wednesday morning in early March. As dozens of cars lined up outside the high school for the weekly food drive sponsored by Forgotten Harvest, a Detroit-based nonprofit fighting food insecurity, the student volunteers were joined by some of their Platinum Equity mentors. Together, the group laughed, shared stories and helped load groceries into cars. The volunteer event was an outgrowth of the Platinum Equity-sponsored mentorship program for J...
Read morePress Releases • April 16, 2025
Platinum Equity Supports Proposed Recapitalization Agreement at Aventiv Technologies
LOS ANGELES (April 16, 2025) – Platinum Equity confirmed today that it and other financial stakeholders have reached agreement to recapitalize Aventiv Technologies via an out-of-court debt-for-equity exchange. If approved by relevant regulatory agencies, the agreement, announced today, will facilitate Platinum’s long-anticipated divestiture of the business as Aventiv transitions to new ownership upon close of the transaction. In March 2024, Platinum initiated a process to evaluate strategic alternatives for Aventiv, which has been significantly transformed under Platinum’s ownershi...
Read moreApril 16, 2025
Why Platinum Equity Portco McGraw Hill Accelerated Its Digital Transformation
EAST YORK, Pa. — Some things just came naturally to Jackson Lau. Take math. For years, he cruised through the subject with ease, but then came fourth grade, and with it, geometry. Suddenly, math wasn’t so simple anymore. His mother, Amy, watched as her son wrestled with tricky concepts like measuring angles and calculating the area of a shape. She worried that his confidence as a learner might waver. But it didn’t. A couple years ago, Wrightsville Elementary was one of two schools in the Eastern York (Pa.) School District to implement a suite of McGraw Hill digital tools that...
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