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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April 03, 2022
Cision Completes Acquisition of Streem
Streem brand, platform, and local service continue in Australia and New Zealand (ANZ) market Management team retained with long-term growth mandate Streem joins PR Newswire, Brandwatch, and Falcon.io brands to activate full-service offering for Cision across ANZ SYDNEY and CHICAGO, April 3, 2022 /PRNewswire/ -- Global communications intelligence company Cision announced today that it has completed the acquisition of realtime media monitoring company Streem. Since announcing the deal in December 2021, Streem has continued its high-growth trajectory, winning major new custom...
Read moreApril 01, 2022
Platinum Equity Portfolio Company Paramount Global Surfaces Acquires Stone Source
Acquisition of National Tile and Stone Distributor Strengthens PGS Offering in Growing Commercial Flooring Market LOS ANGELES and MIAMI (April 1, 2022) – Platinum Equity portfolio company Paramount Global Surfaces (“PGS”) announced today the acquisition of Stone Source from a group of investors led by Founders Equity. Financial terms were not disclosed. Headquartered in New York, Stone Source distributes natural stone, ceramic tile and other decorative surfaces to contractors and consumers via the architect and design channel for commercial and high-end residential use. “Th...
Read moreMarch 04, 2022
Platinum Equity Portfolio Company L&R Distributors Acquires SJ Creations
LOS ANGELES and BROOKLYN (March 4, 2022) – Platinum Equity portfolio company L&R Distributors announced today the acquisition of SJ Creations (“SJ”) from the company’s founders. Financial terms were not disclosed. Headquartered in Encinitas, California, SJ is a health, beauty and personal care products company focused on everyday and specialty bath, body and skin care products sold in major retailers under owned brands or private label. The company has strong capabilities in design, marketing, sourcing and selling across a wide variety of product families and end-customers. ...
Read moreFebruary 28, 2022
How the Oregon Tool Disaster Response Team assists communities in removing tree debris following storms
When it made landfall last summer, Hurricane Ida downed trees throughout Louisiana, which created hazardous situations in an area accustomed to the dangers of violent storms. Shortly afterward dispatching a team of to assist relief efforts, Oregon Tool representatives received an e-mail from a Hammond, La., resident thanking the company’s Disaster Response Team for its chainsaw support after the Category 4 storm caused an estimated $18 billion in insured losses throughout the state. She wrote: As a recently divorced mother of girls, I had never had to do maintenance on my chainsa...
Read moreFebruary 17, 2022
Aventiv Technologies Formally Launches Independent Advisory Board of Experts and Advocates in Reentry, Rehabilitation, Education
DALLAS, February 17, 2022 -- Aventiv Technologies, the leading technology company empowering rehabilitative justice by pioneering the development and deployment of educational platforms as a rehabilitation tool for the incarcerated, today announced the formal launch of a Corporate Advisory Board to help fulfill its aggressive, multi-year commitments to transformation. The board comprises 11 leaders representing a diverse cross-section of constituencies and communities. Its chairperson is Teresa Hodge, a formerly incarcerated business leader turned advocate and President and CEO of Missio...
Read moreFebruary 15, 2022
Sale of PAE to Amentum Completes Platinum Equity’s Exit of Mission-Critical Solutions Provider
Investment helped establish Platinum’s playbook in government services sector where firm seeks new opportunities to put capital to work LOS ANGELES (February 15, 2022) — Platinum Equity confirmed today that following the approximately $1.9 billion sale of PAE Incorporated to an affiliate of Amentum Government Services Holdings LLC that closed this morning, the firm has fully exited its investment in the government services provider that it acquired in 2016 and took public in 2020. PAE is a global leader in delivering mission-critical smart solutions to the U.S. government and its al...
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