Platinum Equity Invests in Norton Packaging
LOS ANGELES (January 9, 2026) – Platinum Equity announced today a significant investment in Norton Packaging, a provid...
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November 04, 2022
Platinum Equity’s development of first-time mentorship program for Jalen Rose Leadership Academy called ‘beneficial’ for students
For nine years, Platinum Equity has served as the presenting sponsor for the annual Jalen Rose Leadership Academy Celebrity Golf Classic, a major fundraising event for the public charter school located in the Detroit neighborhood of Rose’s youth. This year, in an effort to have more of an impact in the students’ lives, Platinum Equity introduced a new mentorship program for JRLA students the following day with the hope it will become an annual occurrence. The August event took place at the Detroit Pistons Performance Center, a building Platinum Founder and CEO Tom Gores, who owns the...
Read moreNovember 01, 2022
Platinum Equity continues support of annual Malibu Triathlon to benefit Children’s Hospital of Los Angeles
Megan Korte had an easy out. A few days before the Malibu Triathlon she was diagnosed with kidney stones. But Korte, who started at Platinum Equity over the summer in the Marketing Department, didn’t miss the triathlon as she ran the final leg of the mixed relay. “I don't give up easily and backing out of something that's charity-driven isn't really in my soul,” she said. “I have a background of volunteering and helping many different charities so it's something I love to do in my personal time. “It's seven weeks into a new company and you really want to get to know your co-...
Read moreOctober 20, 2022
How one educator’s use of McGraw Hill’s ALEKS technology helps her students succeed at math
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Read moreSeptember 30, 2022
Platinum Equity Acquires Majority Interest in Global Apparel Company Hop Lun
Investment in Hong Kong-based undergarment and swimwear company led by Platinum’s Singapore investment team LOS ANGELES and SINGAPORE, September 30, 2022 — Platinum Equity announced today that the acquisition of a controlling stake in international apparel company Hop Lun from company founder Erik Ryd has been completed. Financial terms were not disclosed. Founded by Mr. Ryd in 1992 and headquartered in Hong Kong, Hop Lun is one of the world’s largest designers and manufacturers of undergarments and swimwear sold in the US, UK and EU. “We have gotten to know Erik very well ove...
Read moreSeptember 30, 2022
How acquisition of apparel company Hop Lun is an example of Platinum Equity’s ability to ‘win over’ founder-owned companies
Platinum Equity’s decision to acquire a majority interest in Hop Lun, a global apparel company, is noteworthy for many reasons. Hop Lun is Platinum Equity’s fourth platform deal and first foray into the apparel business in Asia. It’s currently the fourth apparel company in Platinum Equity’s portfolio. The acquisition is also another instance of Platinum Equity building a solid working relationship with a founder-owned business. Current Platinum Equity portfolio companies Game Taco, Mad Engine, Arrow International, L&R Distributors and Centerfield were acquired from company...
Read moreSeptember 28, 2022
How commitment and resources drive Platinum Equity’s European momentum
The ability to execute European-headquartered global, pan-European, and domestic complex deals speaks to Platinum Equity’s commitment and deployment of resources in Europe. With the early 2022 acquisition of Leaders Romans Group, a UK-based property service firm, Platinum’s European portfolio includes: Spain-headquartered global environmental services leader Urbaser and global frozen seafood company Iberconsa, European vacation rentals group Awaze, European private label sweet biscuits manufacturer Biscuit International, Italy-based global marine contractor De Wave Group and global wine...
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