Platinum Equity Completes Acquisition of Tangent Technologies
Platinum Equity announces completion of Tangent Technologies acquisition.
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May 09, 2023
Platinum Equity Co-President Jacob Kotzubei talks importance of creativity, ability to ‘meet the moment’ at Milken Institute Global Conference
Platinum Equity executive Jacob Kotzubei was invited to participate in a panel discussion during the recent 26th annual Milken Institute Global Conference. Kotzubei joined a lineup of prominent investment bankers, institutional investors, celebrities like hip-hop pioneer Snoop Dogg and politicians like U.S. Senator Joe Manchin at the bipartisan think tank’s annual gathering to promote progress and prosperity. Kotzubei, who was recently promoted to Co-President at Platinum Equity, thinks creativity helps private equity firms successfully transact despite a slow M&A market. “I t...
Read moreMay 08, 2023
Yahoo News highlights Securus Technologies program that gives the incarcerated community access to college degrees
In 2016, Securus Technologies created its Lantern program for corrections to provide incarcerated students access to a college education. The platform partners with colleges and universities to deliver postsecondary digital education services to seven state department of corrections programs with nine schools around the country. Nearly 8,000 students were enrolled this past fall, and 1,000 students have earned degrees through the program. Yahoo recently profiled Alecia Nolan-Jones, 44, who is enrolled at Ashland (Ohio) University, which is one school participating in the Lantern program....
Read moreMay 07, 2023
Amid headwinds for strategic buyers, Platinum offers speed and certainty in carveout with complex add-on deal
By offering a creative financing solution for the combined $1.2B EV transaction, Platinum was able to close 2 deals creating synergies and a platform poised for meaningful investment and growth. In a matter of 20 days, Platinum closed a €930m carveout deal for the refractories business of French-headquartered corporate Imerys, plus the transformative add-on of HarbisonWalker International (HWI), a U.S.-based refractory company. The combined businesses will operate under the name Calderys. The Imerys deal emerged as a carveout from a multinational business at a moment when little M&...
Read moreApril 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...
Read moreApril 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...
Read moreMarch 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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