Platinum Equity Acquisition of Sunrise Medical Recognizes 'Important' German Market
The World Health Organization is predicting the population of people aged 60 years and older will grow to 2.1 billion gl...
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October 16, 2024
Platinum Equity Acquisition of Sunrise Medical Recognizes 'Important' German Market
The World Health Organization is predicting the population of people aged 60 years and older will grow to 2.1 billion globally by 2050, while the number of Americans 65 and older is projected to increase from 58 million in 2022 to 82 million by the middle of the century. The expected rise in ageing populations is one reason Platinum Equity acquired Sunrise Medical Group. Headquartered in Malsch, Germany, with North American headquarters in Mt. Juliet, Tenn., Sunrise Medical develops, manufactures, and distributes assistive mobility products, which include manual and power wheelchairs. ...
Read morePress Releases • October 10, 2024
Platinum Equity's Credit Team Leads New Term Loan for RELAM
Incumbent lender Platinum steps up again with new financing solution to support RELAM’s continued growth LOS ANGELES (Oct. 10, 2024) – Platinum Equity announced today it led a new and upsized Second-Lien Term Loan (“Term Loan”) for Railway Equipment Leasing and Maintenance Inc. (“RELAM”) to refinance the company’s existing indebtedness and support future growth of the business. RELAM is a provider of specialty rental equipment for recurring, regulatory-driven maintenance-of-way (“MOW”) work on railroads, serving the industry’s largest operators and contracted service ...
Read moreOctober 01, 2024
Platinum Equity Carveout Experience, Expected Growth in Organic Milk Market Fuels Horizon Investment
The organic dairy market is expected to grow because of rising demand and other factors. In an interview shortly after Platinum Equity closed on Horizon Organic, the largest USDA-certified organic dairy brand in the world, Managing Director Adam Cooper cited that trend. “The brand has earned a reputation for quality and innovation that is unmatched in the industry. We appreciate Danone’s confidence in our ability to build on that legacy and support Horizon Organic’s growth as a standalone company.” Louis Samson, Co-President, Platinum Equity “Broadly speaking, the milk indu...
Read morePress Releases • September 18, 2024
Platinum Equity to Acquire Polli, Italian Producer of Pasta Condiments and Vegetable Preserves
One of EU’s largest pesto producers to partner with Platinum in pursuit of continued growth, international expansion Founding Polli family to retain stake in 150+ year-old business LOS ANGELES (September 18, 2024) – Platinum Equity announced today the signing of a definitive agreement to acquire a majority stake in F.lli Polli S.p.A. ("Polli"), a leading producer of pasta condiments and vegetable preserves, from affiliates of the founding Polli family. Financial terms of the transaction were not disclosed. The Polli family will retain a minority stake in the business together with...
Read morePress Releases • September 17, 2024
Platinum Equity and Butterfly to Acquire Rise Baking Company
Leading operational private equity firms partner to accelerate Rise’s next chapter of growth LOS ANGELES, CA – September 17, 2024 – Global investment firm Platinum Equity and Butterfly, a Los Angeles-based private equity firm specializing in the food sector, today announced the acquisition of Rise Baking Company (“Rise”). Platinum Equity and Butterfly will be equal partners in the investment. Financial terms of the transaction were not disclosed. Founded in 2013 and based in Minneapolis, Minnesota, Rise is a leading supplier of bakery products, including cookies, pies, cakes, ...
Read moreSeptember 17, 2024
Kohler Energy Rebrands as Rehlko
Ushering in New Era of Sustainable Energy Innovation: Rehlko builds on a 100-plus-year legacy of powering an energy resilient world for a better future. KOHLER, Wis. – September 17th, 2024 – Kohler Energy today officially rebranded under its new corporate name Rehlko (pronounced RELL-koh), marking a major milestone in the company’s 100 -plus-year history delivering innovative, resilient energy solutions that provide independence, agility, and security to mission-critical infrastructure, facilities and residences. Rehlko will continue operating as an independent enterprise. The com...
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