How Sunrise Medical Supports Air Travel Innovation for Power Wheelchair Users
Wheelchair manufacturer works to assist users who need assistance while flying.
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July 25, 2023
Platinum Equity Credit Team Announces Financing to Support Acquisition of Tom Barrow Company
LOS ANGELES, July 25, 2023 — Platinum Equity announced today it provided an unsecured term loan to the Tom Barrow Company in connection with Ardian’s recent acquisition of a majority stake in the business. Tom Barrow is a leading supplier of design-assist engineering and manufacturers’ representation services to the commercial HVAC industry across healthcare, life sciences, education, government, industrial and other commercial end markets. Tom Barrow offers a comprehensive range of HVAC product lines, including custom air handling units, packaged equipment, precision cooling equipmen...
Read moreJuly 17, 2023
Platinum Equity to Acquire Horticultural Container Manufacturer HC Companies
LOS ANGELES, July 17, 2023 — Platinum Equity announced today the signing of a definitive agreement to acquire The HC Companies, a leading North American manufacturer of horticultural containers. Financial terms were not disclosed. The transaction is expected to close in the next several weeks, subject to certain closing conditions. Headquartered in Twinsburg, Ohio, HC operates six manufacturing locations and distribution centers in the US and Canada. The company produces a wide range of planters, pots, and accessories for the greenhouse, nursery and retail markets, including fiber and ...
Read moreJuly 06, 2023
Platinum Equity, Solenis executives: Diversey merger creates broader, more global platform
Announced earlier this year, Solenis has formally acquired Diversey in an all-cash transaction valued at $4.6 billion. Headquartered in Wilmington, Del., Solenis is a global manufacturer of specialty chemicals used in water-intensive industries. Platinum Equity acquired Solenis in 2021. Diversey is a global provider of hygiene, infection prevention and cleaning solutions based in Fort Mill, S.C. Diversey distributes familiar brands like Lysol home cleaner, Dove soap and Suave bath products in the Middle East, Asia Pacific, as well as Turkey and Russia. Solenis CEO John Panichella...
Read moreJuly 05, 2023
Solenis Completes Acquisition of Diversey for $4.6 Billion
Deal combines two industry leaders in adjacent but highly complementary markets WILMINGTON, Del. (USA) — Solenis, a leading manufacturer of specialty chemicals used in water-intensive industries, has completed its previously announced acquisition of Diversey Holdings, Ltd., effective July 5, in an all-cash transaction valued at an enterprise value of approximately $4.6 billion. Diversey is a leading provider of hygiene, infection prevention and cleaning products and technology. With the acquisition, Solenis has grown to an enterprise operating in over 130 countries with 71 manufacturin...
Read moreJuly 02, 2023
Platinum Equity Acquires JELD-WEN Australasia Windows and Doors Business
LOS ANGELES, July 2, 2023 — Platinum Equity announced today that the acquisition of the JELD-WEN Australasia windows, doors and related building products business from JELD-WEN Holding, Inc. for approximately $461 million has been completed. “We are pleased to have provided a divestiture solution to JELD-WEN as the company continues to streamline and simplify its business,” said Platinum Equity Co-President Louis Samson. “Platinum has decades of experience with corporate carve outs and we expect a seamless transition. We are excited about the prospects for the Australasia business a...
Read moreJune 21, 2023
How Club Car is assisting Georgia-based charities through annual sponsorship of Korn Ferry Tour event
At 32, Ironman triathlete Molly Barker’s struggles with alcohol abuse and addiction inspired her to start a Charlotte, N.C.-based program to help young girls navigate life experiences. Since then, Girls on the Run has grown into a national program impacting more than two million girls. Girls on the Run Coastal Georgia is one of Club Car’s charitable partners benefiting from the golf cart and utility vehicle manufacturer’s annual sponsorship of a Korn Ferry Tour event in Savannah, Ga. The annual Club Car Championship at The Landings Golf & Athletic Club in March raised more tha...
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