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July 07, 2021

Platinum Equity Completes Acquisition of Ingram Micro for $7.2 Billion

Ingram Micro, with $49 Billion of Annual Sales, Gains Added Flexibility and Resources to Execute on Strategic Initiatives Under Platinum Equity’s Ownership Acquisition of World’s Largest Technology Distributor and Leading Provider of Logistics Solutions and Services to Leverage Platinum Equity’s Industry Experience, Financial Resources and Global Operating Expertise LOS ANGELES and IRVINE, California (July 7, 2021) – Platinum Equity today announced that it has completed the acquisition of Ingram Micro Inc. from HNA Technology Co., Ltd, a part of HNA Group, for a total enterprise ...

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July 07, 2021

Platinum Equity Acquires Flooring Distributor Paramount Global Surfaces

PGS acquisition to leverage investment firm’s expertise in building products sector Transaction highlights continued momentum of Platinum Equity’s Small Cap team LOS ANGELES (July 7, 2021) – Platinum Equity announced today the acquisition of Paramount Global Surfaces (PGS) from Linsalata Capital Partners. Financial terms of the transaction were not disclosed. PGS is a leading developer, importer and distributor of premium, proprietary porcelain tile and other hard surface floor coverings used primarily in remodel and replacement solutions by both residential and commercial end u...

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July 06, 2021

Platinum Equity to Acquire Water Treatment Company Solenis for $5.25 Billion

Solenis to Merge with Sigura, Creating Diversified Leader in Sustainable Solutions LOS ANGELES – July 6, 2021 – Platinum Equity announced today that it has signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals used in water-intensive industries, from Clayton, Dubilier & Rice (“CD&R”) and BASF in a transaction that implies an enterprise value for Solenis of $5.25 billion. As part of the transaction, Solenis is expected to merge with Sigura Water, an existing Platinum Equity portfolio company the firm acquired in 2019, for a tot...

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July 02, 2021

Platinum Equity to Sell Multi-Color Corporation to CD&R

MCC to merge with Fort Dearborn Company LOS ANGELES (July 2, 2021) – Platinum Equity announced today the signing of a definitive agreement to sell Multi-Color Corporation (MCC), a global leader in label solutions, to affiliates of Clayton, Dubilier & Rice (“CD&R”). Financial terms of the transaction were not disclosed. In connection with the transaction, CD&R also announced it has signed a definitive agreement to acquire Fort Dearborn from Advent International, and that it intends to combine MCC and Fort Dearborn to create a global label solutions company serving consum...

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June 29, 2021

Centerfield Acquires Leading Digital Marketing Solution for Insurance Industry, Datalot

LOS ANGELES – Jun. 29, 2021 – Centerfield, a premier technology service for digital customer acquisition, today announced the signing of a definitive agreement 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 ...

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June 23, 2021

Platinum Equity to Sell JM Swank to Brenntag

LOS ANGELES (June 23, 2021) – Platinum Equity announced today the signing of a definitive agreement to sell food ingredients distributor JM Swank to Brenntag. JM Swank, headquartered in North Liberty, Iowa, offers a highly diversified product portfolio of food ingredients, including spices, dairy, grain, sweeteners, fats & oils, texturants, flavors & colors, starches, cocoa, and inclusions through a broad supplier base. The company generated sales of approximately $500 million in 2020 and is the only national food ingredient distributor with a fleet delivering nationwide. Plati...

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