Platinum Equity Completes Acquisition of Tangent Technologies
Platinum Equity announces completion of Tangent Technologies acquisition.
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August 02, 2021
Platinum Equity Completes Acquisition of McGraw Hill for $4.5 Billion
LOS ANGELES and NEW YORK (August 2, 2021) – Platinum Equity announced today that it has completed the acquisition of McGraw Hill, a global leader in educational content and digital platforms, 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 platforms to the classrooms of approximately 250,000 higher education instructors, 13,000 pre-kindergarten through 12th grade school districts, and a wide variety of academic instit...
Read moreJuly 27, 2021
How Platinum Equity supports Elevate Textiles’ sustainability initiatives and product innovation
Joining the United Nations Global Compact, a worldwide initiative with 10 sustainability principles. The construction of a wastewater treatment facility in Mexico that will save 140 million gallons of water per year. Addressing climate change and setting a goal to reach net-zero emissions by 2050. The announcements are just a few of the many initiatives Elevate Textiles has delivered or promised in its mission to provide environmentally friendly products to socially conscious consumers. From how cotton is cultivated to water usage to responsible manufacturing, executives at the comp...
Read moreJuly 19, 2021
Why Yusef Jackson has joined Platinum Equity’s transformation efforts at Aventiv Technologies
Gathering around the tree to open gifts is the typical Christmas scene for most families. But for Yusef Jackson, the holiday was a time to help the incarcerated held at the Cook (Ill.) County Department of Corrections. “Most kids think about what they're going to get under the tree,” Jackson said recently. “For us, the big thing on Christmas was to wake up, put our clothes on and go to the jail and put on programs for the prisoners. “It was our religious obligation to do so.” Jackson, whose father is noted civil rights leader Jesse Jackson, has devoted his life to driving...
Read moreJuly 19, 2021
Platinum Equity to Acquire 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 (July 19, 2021) – Platinum Equity announced today it has signed a definitive agreement to acquire 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 th...
Read moreJuly 14, 2021
Platinum Equity to Acquire Oregon Tool from American Securities and P2 Capital Partners
Acquisition will help Oregon Tool fuel innovation and propel global growth PORTLAND, OR (July 14, 2021) – Platinum Equity, American Securities and P2 Capital Partners today announced the signing of a definitive agreement under which Platinum Equity will acquire Oregon Tool, a global manufacturer and distributor of aftermarket-driven professional grade cutting tools, outdoor equipment accessories and parts. American Securities and P2 Capital have owned the company (previously known as Blount International) since taking it private in 2016. Financial terms were not disclosed. Oregon Tool ...
Read moreJuly 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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