Platinum Equity to Sell Heat Controller to Lennox
Sale positions Heat Controller for continued growth Divestiture represents final exit of the firm’s investment in HVA...
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December 31, 2021
Platinum Equity Completes Acquisition of Pelican Products
LOS ANGELES (December 31, 2021) – Platinum Equity announced today that the acquisition of Pelican Products has been completed. Pelican is a global leader in the design and manufacture of high-performance protective cases and rugged gear for professionals and outdoor enthusiasts, and temperature-controlled supply chain solutions for the healthcare industry. Financial terms were not disclosed. Pelican operates in two primary segments: Pelican Products designs and manufactures high-performance rigid protective cases, advanced portable lighting systems, and outdoor consumer products for hi...
Read moreDecember 20, 2021
Why Solenis, Sigura Water $6.5 billion merger is a good fit for Platinum Equity
Platinum Equity executives explain the path forward after $5.25 billion investment in Solenis Solenis is an industrial water treatment company with a global footprint that spans 120 countries and five continents with more than 40 manufacturing facilities and 5,200 employees. Solenis also produces needed ESG solutions. “Global demand for solutions that save water, use less energy, eliminate waste, and convert everyday products to more sustainable materials is only continuing to grow," Platinum Equity Partner Jacob Kotzubei said when the firm’s agreement to acquire Solenis was anno...
Read moreDecember 20, 2021
Platinum Equity Portfolio Company United Site Services Announces Close of New Strategic Investment to Support Continued Growth
Transaction provides substantial capital to fuel next phase of M&A-driven growth and expansion LOS ANGELES – December 20, 2021 – Platinum Equity portfolio company United Site Services, the largest provider of portable sanitation and related site services in the United States, announced today the closing of an investment by a Platinum Equity continuation fund vehicle that will support the company’s continued growth. Terms of the transaction were not disclosed. Asterios Satrazemis, who joined USS as CEO in 2019 and will continue to lead the company going forward, said the new inv...
Read moreDecember 20, 2021
Platinum Equity and Ball Corporation to Sell Ball Metalpack to Sonoco for $1.35 Billion
LOS ANGELES and WESTMINSTER, Colo., December 20, 2021 — Platinum Equity and Ball Corporation (NYSE:BLL) today announced the signing of a definitive agreement to sell Ball Metalpack to Sonoco (NYSE: SON) in a transaction valued at approximately $1.35 billion. Closing of the transaction is subject to satisfaction of customary closing conditions, including regulatory review, and is expected to be completed in the first quarter of 2022. Ball Metalpack, based in Broomfield, Colorado, manufactures sustainable steel containers for aerosol products, food, household consumables, pet food, nutritio...
Read moreDecember 08, 2021
CMA CGM Group takes strategic step in logistics development with major acquisition of Ingram Micro’s Commerce & Lifecycle Services business
CMA CGM Group signs $3B agreement with Ingram to boost the Group’s supply chain capabilities.
Read moreDecember 07, 2021
Ingram Micro Acquires BRLink, Strengthening Its Partner Ecosystem with New Managed Services
Agreement expands the global distribution leader's cloud services portfolio, establishing Ingram Micro as the only Brazil distributor offering a complete migration to the cloud Irvine, California and São Paulo, Brazil – December 7, 2021. Ingram Micro announced today that it has completed the acquisition of BRLink, a leading managed services provider (MSP) in Brazil. Adding BRLink's suite of solutions gives Ingram Micro partners access to an even more complete portfolio of cloud services, as well as the opportunity to leverage BRLink's expertise in delivering a complete cloud journey. T...
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