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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December 03, 2020
Nesco Holdings to Acquire Custom Truck One Source and Create Leading Specialty Rental Equipment Company in Partnership with Platinum Equity
Transformative transaction resulting in greater scale and enhanced depth and breadth of products and services to better serve highly attractive infrastructure-related end-market customers Platinum Equity, the premier financial sponsor in the specialty rental equipment industry, has committed to invest over $850 million in Nesco and will hold a majority interest in the combined company Nesco lead investors, Energy Capital Partners and Capitol Investment, and existing CTOS lead investor, Blackstone, to remain ongoing shareholders in partnership with Platinum Equity Combination sig...
Read moreNovember 13, 2020
Platinum Equity to Sell PrimeSource to Clearlake Capital Group
Global Distributor of Specialty Building Materials will Serve as Clearlake’s Latest Platform for Organic Growth and Add-on Acquisitions in the Specialty Distribution Sector LOS ANGELES, CA, SANTA MONICA, CA AND IRVING, TX (November 13, 2020) – Platinum Equity announced today the signing of a definitive agreement to sell PriSo Holding Corporation (“PrimeSource”, or the “Company”) to Clearlake Capital Group, L.P. (together with affiliates, “Clearlake”). Terms of the transaction were not disclosed. PrimeSource is a leading global distributor of specialty building materials ...
Read moreNovember 11, 2020
Update: Securus reports ‘significant’ progress with transformation agenda
Securus reduced phone rates, provided 50% customer savings, and introduced new tablet software and a pre-paid card with discounted payment services as part of their commitment to actionable reform. DALLAS, TEXAS– Aventiv Technologies and its corrections-services subsidiary Securus Technologies, today reported progress made toward comprehensive, transformation commitments announced in mid-January to make the company’s products and services accountable, accessible, and affordable. These commitments benefit incarcerated Americans and correctional facilitates across the United S...
Read moreOctober 08, 2020
Leading From the Front
Oct. 8, 2020 Mr. Michael Govan Los Angeles County Museum of Art 5905 Wilshire Blvd. Los Angeles, CA 90036 Dear Michael and Trustees, Thank you for your time and dialogue last week in speaking to the important issues of social justice, racial justice and criminal justice reform as it relates to the board’s service on behalf of the museum. I was happy to answer questions about Platinum Equity’s investment in Securus Technologies, and to detail our comprehensive efforts to transform the company and make its products and services more affordable, more accessible and more supportiv...
Read moreOctober 07, 2020
How PCI brought needed tech solution to market in Singapore’s COVID-19 fight
The Singapore government made a significant announcement last month. To bring widespread contact tracing to the city-state in southeast Asia, TraceTogether tokens, which use Bluetooth technology, were distributed nationwide. The goal is to achieve 60-70% population adoption of the TraceTogether program, which comprises a smartphone app and the token, by the end of the year as the country moves slowly to ease measures aimed to mitigate the spread of COVID-19. PCI Private Limited, an electronics manufacturing service provider based in Singapore, is one of two bidders who were awarded co...
Read moreOctober 05, 2020
Securus Technologies Supports the American Cancer Society through the Company's eCard Program during October for Breast Cancer Awareness Month
DALLAS, Oct. 5, 2020 -- Securus Technologies is proud to announce the company will be donating fifty percent of proceeds from the company's "Fight Against Breast Cancer" suite of eCards to the American Cancer Society (ACS) to help in the fight against a disease that takes thousands of lives each year. According to cancer.org, breast cancer death rates in the U.S. are higher than those for women than any other cancer, besides lung cancer. Donating financial support to the ACS will help to fund and conduct cancer research, support patients and spread the word about prevention. The cost...
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