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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January 07, 2021
Deluxe Acquires Sundog Media Toolkit
UK firm provides mastering and versioning services for theatrical, television, and OTT content LOS ANGELES, CA, JANUARY 07, 2021 - Deluxe, the global provider of digital and cloud-based solutions to the world’s leading content production studios and distributors, announced today their acquisition of UK-based Sundog Media Toolkit, Ltd. (“Sundog”). Financial terms were not disclosed. Founded in 2013 by CEO Richard Welsh and CTO Chris Ralph, Sundog quickly established a market foothold with their highly automated, cloud-based platform that creates specialized multi-format, multi-langu...
Read moreJanuary 04, 2021
Platinum Equity Acquires Controlling Stake in Mad Engine, A Global Provider of Licensed, Branded, and Private Label Apparel and Accessories
Company’s current shareholders and management team retain minority interest and leadership responsibilities Transaction highlights continued momentum of Platinum Equity’s Small Cap team LOS ANGELES AND SAN DIEGO (January 4, 2021) – Platinum Equity announced today that it has acquired a controlling stake in leading apparel company Mad Engine from affiliates of the company’s current ownership group, which has owned the business since 2011. The existing shareholders and management have retained a meaningful equity interest and will continue to serve in leadership roles. Mad Engin...
Read moreDecember 31, 2020
Platinum Equity Completes Sale of PrimeSource to Clearlake Capital Group
LOS ANGELES (December 31, 2020) – Platinum Equity announced today that the sale of PriSo Holding Corporation (“PrimeSource”, or the “Company”) to Clearlake Capital Group, L.P. (together with affiliates, “Clearlake”) has been completed. PrimeSource is a leading global distributor of specialty building materials serving residential, commercial, and industrial new-construction and remodeling markets. Founded in 1990, PrimeSource manages a highly diversified global supply chain, distributing over 23,000 SKUs sourced from more than 500 vendors in 16 countries throughout Asia, Europ...
Read moreDecember 22, 2020
Platinum Equity Sells Compart Systems to Shanghai Wanye Enterprises
LOS ANGELES (December 22, 2020) – Platinum Equity announced today that it sold Compart Systems Pte Ltd. (“Compart” or the “Company”) to Shanghai Wanye Enterprises Co., Ltd. (“Wanye”) in a transactions valued at approximately $398 million. Compart, headquartered in Singapore with primary operations in China and Malaysia, is a supplier of high-precision, machined metal components including valves, fittings, sensors, and related components for a range of industries. Platinum Equity is a Los Angeles-based global private equity firm focused on acquiring businesses that can benef...
Read moreDecember 18, 2020
How Platinum Equity founder Tom Gores’ $350,000 pledge during SAY Detroit fundraiser will help spread gift of helping others
Tom Gores’ charitable donations to SAY Detroit have become an annual occurrence. Earlier this week, the founder and CEO of Platinum Equity found a creative way to spur the spirit of giving in children. Gores called the Detroit non-profit’s recent annual radiothon and pledged $350,000 during the event for the charity providing assistance to the city’s neediest residents, needs that have been exacerbated during the COVID-19 pandemic. But in a creative twist, $250,000 will go to the non-profit, and the kids who attend the charity’s play center on Detroit’s east side will determ...
Read moreDecember 17, 2020
Husky’s manufacturing acumen showcases multi-purpose (and sustainable) PET solutions
The brief conversation made cinematic history. In The Graduate, a young Dustin Hoffman plays Benjamin Braddock, who gets career advice from a family friend shortly after college graduation. Mr. McGuire: Plastics. Benjamin: Exactly how do you mean? Mr. McGuire: There's a great future in plastics. Think about it. Will you think about it? Benjamin: Yes, I will. Mr. Maguire: OK. Enough said. That's a deal. Husky Injection Molding Systems CEO John Galt, who joined the company in 1985, chuckles slightly after mentioning the scene when asked about the negative perceptions surro...
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