Platinum Equity Invests in Norton Packaging
LOS ANGELES (January 9, 2026) – Platinum Equity announced today a significant investment in Norton Packaging, a provid...
January 26, 2010
Chicago, IL -- Ryerson Inc. announced today that Joseph T. Ryerson & Son, Inc., Ryerson’s wholly-owned subsidiary, has acquired Texas Steel Processing, Inc. (TSPI), a steel plate fabricator based out of Houston, Texas, for an aggregate purchase price of approximately $11.4 million. TSPI was founded in 1995 under the name Texas Plate Processing, Inc. and in 2001 became Texas Steel Processing, Inc. when it was purchased by the current owner. TSPI moved into a new built-to-suit facility in late 2008 to meet their growing demand. Their fabrication processes include: plasma/oxy burning, r...
Read moreJanuary 19, 2010
Los Angeles, CA and Greenbelt, MD (January 19, 2010) — Platinum Equity announced today it has acquired OAO Technology Solutions, Inc. (“OAOT”) from an affiliate of J.F. Lehman & Company and the other stockholders of OAOT. Terms of the transaction were not disclosed. OAOT provides managed IT services and solutions for Fortune 500 corporations, global outsourcers and government agencies. “OAOT has long-standing relationships with valued customers, an outstanding international workforce and a reputation for delivering exceptional customer service,” said Jacob Kotzubei, the par...
Read moreJanuary 07, 2010
Dennis L. Sandoval of DAUM Commercial Real Estate Services spoke at AIR Commercial Real Estate Association’s 17th Annual Market Review & Forecast at The Jonathan Club in downtown Los Angeles. The event featured an expert panel of Los Angeles-area commercial brokers, whose commentary focused on the region’s nine submarkets, the noteworthy market events of the past year, and forecasting prospects for 2010. The AIR Review & Forecast, which is known for its sub-market format, is an influential event in Southern California’s commercial and industrial real estate community. It deliv...
Read moreJanuary 05, 2010
Treasury & Risk, a leading finance industry magazine, profiled Platinum’s CFO Mary Ann Sigler as one of three “CFOs To Watch.” The article highlights Sigler’s essential role at Platinum and particularly in its success during the recent economic downturn. Sigler discusses Platinum’s focus on buying solid, fundamentally sound companies that are underperforming and would benefit from Platinum’s operational expertise and resources. She is constantly looking for deal opportunities and scours the company’s database for leads, evaluating the financial condition of potential targe...
Read moreDecember 17, 2009
3B, a Belgium-based glass fiber reinforcements manufacturer, appointed Essen International as its non-exclusive agent for India. The appointment dovetailed with 3B’s plans to develop its business in Asia, particularly in the rapidly expanding markets of India and China. The strategy also enabled to 3B partner with an innovative local Indian company, while Essen expanded its product portfolio into roving, continuous filament mat, and chopped strand products. 3B, which is owned by Platinum, supplies fiberglass products for the reinforcement of thermoplastics and thermosets and operates m...
Read moreNovember 01, 2009
The San Diego Union-Tribune gave its 14-year-old web site, www.signonsandiego.com a makeover that included a new design, improved navigation, and compelling new content from a wide range of partners. The upgrades were the first steps in a transformation that included local bloggers and other community-driven content. By combining the power of local news with easy online access, the Union-Tribune transcended its role as a news source and became a lifestyle choice and desired online destination for the San Diego community. The paper estimates that 2.6 million unique users visit its site each ...
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