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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August 30, 2021
McGraw Hill to Acquire Edtech Pioneer Achieve3000
New York, NY (August 30, 2021) – McGraw Hill announced today that it has entered into a definitive agreement to acquire Achieve3000, a recognized leader in differentiated instruction and learning acceleration for PreK-12 students in all 50 states and 49 countries. Financial terms were not disclosed. The transaction is expected to be completed in approximately 60 days, subject to customary closing conditions. Based in Red Bank, NJ and founded more than 20 years ago, Achieve3000 delivers a comprehensive learning platform that significantly accelerates and deepens learning in literacy, ma...
Read moreAugust 24, 2021
Why Platinum Equity believes in SVP Worldwide's efforts to make ‘sewing more accessible’
A collaboration with Amazon Prime’s Making the Cut, a reality series where fashion designers test skills and business acumen. Promotional tie-ins with Cruella and Maleficent, film releases from Disney. Apps that create personalized clothing. Not exactly what first comes to mind when thinking of sewing machines, which have been around since shortly after the founding of the U.S. In 2018, SVP Worldwide CEO Carl-Martin Lindahl had his eyes opened when assuming his current position after leaving KitchenAid, a subsidiary of Whirlpool. “I got to the company and they were taking ou...
Read moreAugust 18, 2021
CEO: Under Platinum Equity, Orbit Irrigation has transformed into technology company
SALT LAKE CITY - Stuart Eyring has worked at Orbit Irrigation Systems for 16 years. Starting as executive vice president of marketing, he is currently the CEO of the company, which is a leading provider of irrigation systems and related products. As a long-tenured executive, he had a front row seat when Platinum Equity acquired Orbit and Hydro Rain from the company’s founders in early 2019. At the time of the announcement, Platinum Partner Jacob Kotzubei said: “With the addition of our financial, operational and M&A resources to support the company’s growth, Orbit is poised ...
Read moreAugust 16, 2021
Platinum Equity Completes Acquisition of Global Aerospace Supply Chain Services Provider Unical Aviation
Aviation parts and components business to benefit from new operational resources and recapitalized balance sheet as air travel begins to rebound LOS ANGELES (August 16, 2021) – Platinum Equity announced today it has completed the acquisition of Unical Aviation Inc. and certain of the company’s affiliates (“Unical”), a leading provider of aircraft parts and components to the global commercial aerospace market, from affiliates of the company’s founders. The acquisition includes Unical Aviation, Unical MRO, Unical 145 and Unical Aero. Unical Defense Inc., an affiliate that serves ...
Read moreAugust 03, 2021
How potential for ‘digital transformation’ is a main reason for Platinum Equity’s $4.5 billion acquisition of McGraw Hill
McGraw Hill has historically been known as a textbook publisher. But in a nod to the entrenched role technology plays in everyday lives, the learning company is seeing its digital business grow exponentially, with 80 percent of the company’s business in higher education delivered digitally.
Read moreAugust 02, 2021
Centerfield Completes Acquisition of Leading Digital Marketing Solution for Insurance Industry, Datalot
LOS ANGELES – Aug. 2, 2021 – Centerfield, a technology enabled customer experience company, today announced the completion of a transaction to acquire Datalot, a leading digital marketing solution for auto, home, health and Medicare insurance companies, from an investment fund affiliated with Lightyear Capital. Centerfield’s digital brands and industry leading platform, Dugout, engage in-market consumers and automate end-to-end customer acquisition for leading brands in home services, business services, e-commerce, senior services and many other categories. With Datalot, Centerfield...
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