News
For nine years, Platinum Equity has served as the presenting sponsor for the annual Jalen Rose Leadership Academy Celebrity Golf Classic, a major fundraising event for the public charter school located in the Detroit neighbor...
Latest Article
Platinum Equity continues support of annual Malibu Triathlon to benefit Children’s Hospital of Los Angeles
November 01, 2022
Megan Korte had an easy out. A few days before the Malibu Triathlon she was diagnosed with kidney stones. But Korte, who started at Platinum Equity over the summer in the Marketing Department, didn’t miss the triathlon as s...
Latest Article
How one educator’s use of McGraw Hill’s ALEKS technology helps her students succeed at math
October 20, 2022
Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. As a young teacher, she was seeking ways to engage students in math. That’s when she started using ALEKS, an AI-driven...
November 04, 2022
Platinum Equity’s development of first-time mentorship program for Jalen Rose Leadership Academy called ‘beneficial’ for students
For nine years, Platinum Equity has served as the presenting sponsor for the annual Jalen Rose Leadership Academy Celebrity Golf Classic, a major fundraising event for the public charter school located in the Detroit neighborhood of Rose’s youth.This year, in an effort to have more of an impact in the students’ lives, Platinum Equity introduced a new mentorship program for JRLA students the following day with the hope it will become an annual... Read more
For nine years, Platinum Equity has served as the presenting sponsor for the annual Jalen Rose Leadership Academy Celebrity Golf Classic, a major fund... Read more
For nine years, Platinum Equity has served as the presenting sponsor for the annual Jalen Rose Leadership Academy Cel. Read more
November 01, 2022
Platinum Equity continues support of annual Malibu Triathlon to benefit Children’s Hospital of Los Angeles
Megan Korte had an easy out. A few days before the Malibu Triathlon she was diagnosed with kidney stones. But Korte, who started at Platinum Equity over the summer in the Marketing Department, didn’t miss the triathlon as she ran the final leg of the mixed relay. “I don't give up easily and backing out of something that's charity-driven isn't really in my soul,” she said. “I have a background of volunteering and helping many different cha... Read more
Megan Korte had an easy out. A few days before the Malibu Triathlon she was diagnosed with kidney stones. But Korte, who started at Platinum Equity ov... Read more
Megan Korte had an easy out. A few days before the Malibu Triathlon she was diagnosed with kidney stones. But Korte, . Read more
October 20, 2022
How one educator’s use of McGraw Hill’s ALEKS technology helps her students succeed at math
Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. As a young teacher, she was seeking ways to engage students in math. That’s when she started using ALEKS, an AI-driven online learning program from McGraw Hill, an education company acquired by Platinum Equity last year. “The beauty of the ALEKS program is how it adjusts to the student and their skill level,” Jacobs said. “So, I hav... Read more
Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. As a young teacher, she was seeking ways to enga... Read more
Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. As a young teac. Read more
September 30, 2022
Platinum Equity Acquires Majority Interest in Global Apparel Company Hop Lun
Investment in Hong Kong-based undergarment and swimwear company led by Platinum’s Singapore investment teamLOS ANGELES and SINGAPORE, September 30, 2022 — Platinum Equity announced today that the acquisition of a controlling stake in international apparel company Hop Lun from company founder Erik Ryd has been completed. Financial terms were not disclosed.Founded by Mr. Ryd in 1992 and headquartered in Hong Kong, Hop Lun is one of the world’... Read more
Investment in Hong Kong-based undergarment and swimwear company led by Platinum’s Singapore investment teamLOS ANGELES and SINGAPORE, September 30, ... Read more
Investment in Hong Kong-based undergarment and swimwear company led by Platinum’s Singapore investment teamLOS ANGE. Read more
September 30, 2022
How acquisition of apparel company Hop Lun is an example of Platinum Equity’s ability to ‘win over’ founder-owned companies
Platinum Equity’s decision to acquire a majority interest in Hop Lun, a global apparel company, is noteworthy for many reasons.Hop Lun is Platinum Equity’s fourth platform deal and first foray into the apparel business in Asia.It’s currently the fourth apparel company in Platinum Equity’s portfolio.The acquisition is also another instance of Platinum Equity building a solid working relationship with a founder-owned business. Current Plati... Read more
Platinum Equity’s decision to acquire a majority interest in Hop Lun, a global apparel company, is noteworthy for many reasons.Hop Lun is Platinum E... Read more
Platinum Equity’s decision to acquire a majority interest in Hop Lun, a global apparel company, is noteworthy for m. Read more
September 28, 2022
How commitment and resources drive Platinum Equity’s European momentum
The ability to execute European-headquartered global, pan-European, and domestic complex deals speaks to Platinum Equity’s commitment and deployment of resources in Europe.With the early 2022 acquisition of Leaders Romans Group, a UK-based property service firm, Platinum’s European portfolio includes: Spain-headquartered global environmental services leader Urbaser and global frozen seafood company Iberconsa, European vacation rentals group A... Read more
The ability to execute European-headquartered global, pan-European, and domestic complex deals speaks to Platinum Equity’s commitment and deployment... Read more
The ability to execute European-headquartered global, pan-European, and domestic complex deals speaks to Platinum Equ. Read more
September 20, 2022
Why Platinum Equity likes ‘high velocity M&A’ opportunity in UK property services market
Acquisition of Leaders Romans Group amplifies European momentum because of its place in the UK property marketIn early March, residential property letting company Leaders Romans Group announced the acquisition of Northfields Holdings, the first acquisition for United Kingdom-based LRG under the Platinum Equity umbrella.Since that acquisition, LRG has acquired SPL Property Management, GSC Estate Management, and Hose Rhodes Dickson.The M&A acti... Read more
Acquisition of Leaders Romans Group amplifies European momentum because of its place in the UK property marketIn early March, residential property let... Read more
Acquisition of Leaders Romans Group amplifies European momentum because of its place in the UK property marketIn earl. Read more
August 30, 2022
Why Detroit Pistons owner and Platinum Equity founder Tom Gores hopes basketball camps can be ‘foundation of success’ for kids
Jeremiah West was eager to volunteer at the five-day basketball camp recently held in the Petosky-Otsego neighborhood in Detroit.He fondly remembers when he was taught to play by older kids as a youth.“The camp keeps the kids active and teaches them the fundamentals of basketball,” West said of the early August camp that also allowed West to give back to his community. “Some of the kids don’t have a hoop at home so they come here, play ba... Read more
Jeremiah West was eager to volunteer at the five-day basketball camp recently held in the Petosky-Otsego neighborhood in Detroit.He fondly remembers w... Read more
Jeremiah West was eager to volunteer at the five-day basketball camp recently held in the Petosky-Otsego neighborhood. Read more
August 12, 2022
Club Car president discusses company’s future as a ‘lifestyle brand’
EVANS, Ga. – Queen Elizabeth’s mode of transportation recently at the Royal Horticultural Society's Chelsea Flower Show drew considerable media attention.At the age of 95, she was driven in a $75,000, state-of-the art golf cart with all-weather capability. The cart came equipped with cream leather seats with reclining capability. Cup holders, a heated windscreen and Bluetooth capability were among the other features for the luxury vehicle.The... Read more
EVANS, Ga. – Queen Elizabeth’s mode of transportation recently at the Royal Horticultural Society's Chelsea Flower Show drew considerable media at... Read more
EVANS, Ga. – Queen Elizabeth’s mode of transportation recently at the Royal Horticultural Society's Chelsea Flowe. Read more
August 11, 2022
How Ball Metalpack $1.35 billion divestiture shows Platinum Equity can be a ‘trusted partner’ to corporate sellers
Stakeholders give insight into how good relations and trust are vital when it comes to corporate partnershipsWhen Platinum Equity and Ball Corporation sold Ball Metalpack to Sonoco for approximately $1.35 billion, it marked a successful exit for a Platinum-sponsored partnership with a corporate seller.The sale came after a comprehensive three-year transformation program where Ball Metalpack, the sustainable steel container manufacturer based i... Read more
Stakeholders give insight into how good relations and trust are vital when it comes to corporate partnershipsWhen Platinum Equity and Ball Corporati... Read more
Stakeholders give insight into how good relations and trust are vital when it comes to corporate partnershipsWhen Pla. Read more
