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March 28, 2023

How Jostens is assisting Tunnel to Towers in helping first responders, military veterans

On 9/11, firefighter Stephen Gerard Siller was on his way to play golf when he heard the news a plane hit the North Tower of the World Trade Center. Siller immediately drove his truck to the entrance of the Brooklyn Battery Tunnel. He strapped 60 pounds of gear to his back and raced almost two miles to the site, where the married father of five eventually lost his life. To honor the sacrifice of Siller, other first responders and military personnel, the Tunnel to Towers Foundation was established to provide services for veterans and first responders. The organization has credibility w...

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March 08, 2023

Diversey to be Acquired by Solenis for $4.6 Billion

Diversey Public Shareholders to Receive $8.40 Per Share in Cash in “Go Private” Transaction Combined company will allow for expanded markets and additional sustainable solutions WILMINGTON, Del. and FORT MILL, S.C. – March 8, 2023 - Solenis (“Solenis”) and Diversey Holdings, Ltd. (“Diversey” or the “Company”) (NASDAQ: DSEY) today announced they have entered into a definitive merger agreement under which Solenis will acquire Diversey in an all-cash transaction valued at an enterprise value of approximately $4.6 billion. Upon completion of the merger, Diversey will become...

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March 02, 2023

Jacob Kotzubei and Louis Samson Appointed Co-Presidents of Platinum Equity

LOS ANGELES (March 2, 2023) – Platinum Equity announced today that veteran dealmakers Jacob Kotzubei and Louis Samson have been appointed co-presidents of the global investment firm. The two will continue to report to Platinum’s Founder and CEO Tom Gores. Mr. Kotzubei and Mr. Samson, each with more than 25 years of M&A experience, are currently partners and members of the firm’s investment committee. Mr. Gores said their elevation would help accelerate the growth of the firm and expansion of its investment capabilities. Jacob and Louis have been integral to our success over t...

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February 21, 2023

Platinum Equity Announces Completion of HarbisonWalker International Acquisition

HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and expanded reach LOS ANGELES (February 20, 2023) – Platinum Equity announced today that the previously announced acquisition of HarbisonWalker International (HWI) by way of a merger agreement, has been completed. HWI is a supplier of refractory products and services in North America. Financial terms were not disclosed. In January, Platinum Equity announced the closing of the acquisition of Imerys SA’s High Temperature Solutions business, which is now operating under th...

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January 31, 2023

Year In Review: Platinum Equity marks an impactful 2022 with new platforms, 61 add-ons, ESG strides and philanthropic outreach

After a record-breaking 2021 for M&A, deal activity slowed globally in 2022. The reasons for the slowdown are well-reported, but it was still a landmark year for Platinum Equity and its portfolio companies. There were transactions in Europe, a result of Platinum Equity’s commitment to the continent. There were significant exits. There was another example of the value Platinum Equity can provide to founder-owned businesses. The firm and its portfolio companies made strides in the areas of ESG, and as the world eased pandemic safety measures, the philanthropic presence of Platinum...

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January 04, 2023

Aventiv leadership tells Axios-sponsored panel discussion that access to technology can reduce recidivism

Aventiv Technologies CEO Dave Abel and advisory board chairwoman Teresa Hodge told Axios that access to technology can help reduce recidivism and improve outcomes for the incarcerated community. The two Aventiv representatives took part in an Axios-sponsored panel discussion for an online audience of policy makers. Abel, who was appointed CEO in 2020, said: “Aventiv is entirely focused on using technology to break this (recidivism) cycle. …. Many studies show that individuals inside facilities that connect with their outside support networks have better results. Technology can help ...

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