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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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 ...
Read moreJune 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...
Read moreJune 18, 2021
Securus Technologies applauds Connecticut government after taxpayer funded calls for incarcerated become state law
DALLAS, June 17, 2021 -- Yesterday, Connecticut Governor Ned Lamont signed SB 972, legislation that will make Connecticut the first U.S. state to adopt a fully taxpayer funded model for calls made from correctional institutions. Under this new taxpayer funded law, incarcerated individuals and their families will not be charged for calls, making it even easier to communicate with loved ones. Securus Technologies, which currently operates and maintains the secure calling systems used in Connecticut state correctional facilities, released the following statement: "We applaud Connec...
Read moreJune 17, 2021
Awaze to Sell Landal GreenParks to Roompot
Platinum Equity portfolio company divests standalone parks unit, will continue to invest in growing core vacation rentals business LONDON – 17 JUNE 2021 – Awaze, Europe’s leading managed vacation rentals group, announced today the signing of a definitive agreement to sell its Landal GreenParks unit to Roompot. Landal GreenParks is a fully integrated holiday parks owner, operator and exclusive franchisor in continental Europe, with a portfolio that includes approximately 100 holiday parks in Belgium, Denmark, Germany, Great-Britain, Hungary, the Netherlands, Austria, Czech Republic...
Read moreJune 15, 2021
Platinum Equity to Acquire McGraw Hill from Apollo Funds for $4.5 Billion
Los Angeles and New York (June 15, 2021) – Platinum Equity announced today that it has entered into a definitive agreement to acquire McGraw Hill, a global leader in educational content and digital platforms, from funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) for a purchase price of approximately $4.5 billion. Founded in 1888, McGraw Hill provides outcome-focused learning solutions to millions of students globally, delivering both curated content and digital learning tools and ...
Read moreJune 10, 2021
Platinum Equity to Acquire Global Sewing Machine Manufacturer SVP Worldwide
LOS ANGELES (June 10, 2021) – Platinum Equity announced today a definitive agreement to acquire a controlling stake in SVP-Singer Holdings, Inc. and its wholly owned subsidiaries (“SVP Worldwide”), the world’s largest consumer sewing machine company. Existing shareholders and management have retained a meaningful equity interest. Financial terms were not disclosed. The transaction is expected to be completed during the third quarter of 2021. SVP Worldwide accounts for more than one out of three consumer sewing machines sold worldwide through three iconic brands: SINGER®, VIKING®, ...
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