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April 17, 2023

Platinum Equity to Acquire JELD-WEN Australasia Windows and Doors Business

LOS ANGELES, April 16, 2023 — Platinum Equity announced today the signing of a definitive agreement to acquire the JELD-WEN Australasia windows, doors and related building products business from JELD-WEN Holding, Inc. (NYSE: JELD) for approximately $461 million. The transaction is expected to close in the third quarter of 2023, subject to certain closing conditions and regulatory approvals. “We are proud to have crafted a divestiture solution that delivers speed and certainty to JELD-WEN at a time when the M&A market remains challenging,” said Platinum Equity Co-President Louis...

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April 03, 2023

Platinum Equity Acquires Majority Share of Tarter Farm and Ranch Equipment

LOS ANGELES, April 3, 2023 — Platinum Equity announced today the acquisition of a majority interest in Tarter Farm and Ranch Equipment from affiliates of the company’s founders. The Tarter family remains a minority shareholder. Financial terms were not disclosed. Founded by the Tarter family in 1945 as the Tarter Gate Company, the business has expanded significantly in recent years to include a broad range of ranch and farm equipment. Today Tarter manufactures animal gates and fencing solutions, tractor implements, planters and fire rings, and animal feeding and handling equipment fo...

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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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