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April 12, 2021

Platinum Equity to Acquire Club Car from Ingersoll Rand for $1.7 Billion

Global leader in golf, consumer and utility vehicles to benefit from Platinum Equity’s carve out experience and operational expertise LOS ANGELES (April 12, 2021) – Platinum Equity announced today it has entered into a definitive agreement to acquire Club Car from Ingersoll Rand (NYSE:IR) in a transaction valued at approximately $1.7 billion. The acquisition, subject to standard closing conditions, is expected to be completed by the third quarter of 2021. Founded in 1958 and headquartered in Augusta, Georgia, Club Car is a global manufacturer of golf cars, utility, personal transport...

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April 05, 2021

Yusef Jackson Joins Aventiv Technologies Executive Team

Aventiv Technologies and Platinum Equity today announced the appointment of Yusef Jackson as a senior executive at the company and advisor to the ownership group. Mr. Jackson will help Aventiv’s corrections subsidiary, Securus Technologies, expand and implement an ongoing operational transformation to make current products and services more affordable and accessible, and develop new offerings that help create better outcomes for incarcerated individuals. He also will facilitate external partnerships with leaders from the civic, educational, and corporate communities; and deepen internal p...

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April 05, 2021

Platinum Equity to Acquire the Cabinetworks Group, a Leading Manufacturer of Kitchen Cabinets

LOS ANGELES – April 5, 2021 – Platinum Equity today announced that it has entered into a definitive agreement to acquire The Cabinetworks Group (“Cabinetworks”) from American Industrial Partners, GIC and other equity holders. Cabinetworks is the largest independently owned manufacturer and distributor of kitchen and bath cabinets in the United States under the nation’s leading brands, including: KraftMaid, Medallion, Smart, Merillat, Yorktowne, Echelon, Advanta, Studio Full Access, Master WoodCraft, and Cabinets 2000. The company produces both framed and frameless cabinetry, opera...

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April 01, 2021

Deluxe Acquires Sony’s Digital Fulfillment Business

LOS ANGELES, CA (April 1, 2021) -- Deluxe, a global provider of digital and cloud-based solutions to the world’s leading content production studios and distributors, announced today the acquisition of Sony New Media Solutions (“NMS”),  a subsidiary of Sony Electronics Inc. Sony NMS provides a wide array of media platform services to many leading global media companies including Sony Pictures Entertainment. Terms of the deal will not be disclosed. This development brings together two advanced digital media supply chain platforms and leading media and technology industry talents, to de...

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April 01, 2021

Nesco Holdings Completes Acquisition of Custom Truck One Source in Partnership with Platinum Equity and Changes Its Name to Custom Truck One Source, Inc.

KANSAS CITY, Mo., April 1, 2021 -- Nesco Holdings, Inc. (NYSE: NSCO) ("Nesco"), which has been renamed as Custom Truck One Source, Inc. (the "Company") effective today, in partnership with an affiliate of Platinum Equity, LLC ("Platinum"), today announced the closing of the previously announced transaction to acquire Custom Truck One Source, L.P. ("CTOS") for a purchase price of $1.475 billion. Nesco and CTOS are leading providers of specialized truck and heavy equipment solutions, including rental, sales and aftermarket parts and service. The Company is headquartered in Kansas City, ...

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March 31, 2021

Multi-Color Corporation Acquires Australian Label Manufacturer Herrods

Acquisition expands MCC’s in-mold labeling network, creates new foothold for growth in Asia Pacific region Herrods leadership team to continue running business under existing brand Cincinnati, OHIO and MELBOURNE, AUSTRALIA – March 31, 2021 - Multi-Color Corporation, one of the largest label companies in the world, today announced the acquisition of Melbourne, Australia-based Herrods, a leading provider of in-mold label (IML) solutions in Australia and New Zealand. Financial terms of the transaction were not disclosed. IML is a high-growth labeling technology in which pre-printed ...

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