Platinum Equity’s Louis Samson Discusses Key Industry Topics at Milken Global Conference 2026
Firm co-president shares perspective on the state of private equity, market outlook.
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March 15, 2024
Platinum Equity Completes Sale of Yak Access to United Rentals for $1.1 Billion
LOS ANGELES (March 15, 2024) – Platinum Equity announced today that the sale of Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC (collectively, “Yak”) to United Rentals, Inc. (NYSE: URI) for approximately $1.1 billion in cash has been completed. Yak is a leader in the North American matting industry with a fleet of approximately 600,000 hardwood, softwood, and composite mats providing surface protection across both construction and maintenance, repair and operations (MRO) applications. Yak predominantly serves customers in the utility and midstre...
Read moreMarch 04, 2024
Platinum Equity to Sell Yak Access to United Rentals for $1.1 Billion
LOS ANGELES (March 4, 2024) – Platinum Equity announced today the signing of a definitive agreement to sell Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC (collectively, “Yak”) to United Rentals, Inc. (NYSE: URI) for approximately $1.1 billion in cash. The transaction is expected to close in the first quarter of 2024, subject to limited contractual conditions. Yak is a leader in the North American matting industry with a fleet of approximately 600,000 hardwood, softwood, and composite mats providing surface protection across both constructio...
Read moreFebruary 23, 2024
Custom Truck One Source Wins Capstone Real Estate Award
Custom Truck One Source, Inc. (NYSE: CTOS) was recently recognized with a Capstone Award by the Kansas City Business Journal for the Company’s $35 million renovation of a 220,000-square-foot warehouse located on the former site of Kansas City’s Armco Steel plant, which is now part of Custom Truck’s 175-acre headquarter campus.
Read moreFebruary 23, 2024
Solenis Announces $193M New Plant Expansion and Key R&D Investments
Solenis recently announced plans to invest $193 million in expanding existing operations in Suffolk, Va.
Read moreFebruary 09, 2024
Platinum Equity Navigates Choppy 2023 with Deals in Multiple Sectors
Platinum Equity navigated a challenging year for private equity by sticking to its core investment strategies.
Read moreJanuary 16, 2024
Platinum Equity to Sell Hunterstown Power Generation Facility to LS Power
LOS ANGELES (Jan. 16, 2024) – Platinum Equity announced today the signing of a definitive agreement to sell the Hunterstown power generation facility and related assets to LS Power. Financial terms were not disclosed. The transaction is expected to close in the second quarter of 2024. Located in Gettysburg, Pennsylvania, the Hunterstown facility is a combined-cycle gas turbine generating power plant that provides 810 MW to the PJM (Met-Ed) 500kV grid, with enough to supply more than 600,000 homes. “Hunterstown is an outstanding asset that has benefited from meaningful investment...
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