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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October 02, 2020
How Tom Gores’ call for change has assisted Detroit Pistons’ community involvement
In response to summer’s civil unrest, NBA franchise has been at the forefront of voting galvanization efforts in Detroit With the COVID-19 crisis still ongoing, voters need safe options for the upcoming election. The Detroit Pistons continue to assist those efforts. Last month, on the first day of early voting in Michigan, Secretary of State Jocelyn Benson, Detroit City Clerk Janice Winfrey and Pistons vice chairman Arn Tellem unveiled a voting drop box that sits just outside the Henry Ford Pistons Performance Center. Starting Sept. 24, Michigan residents could submit absentee ba...
Read moreSeptember 29, 2020
Securus Technologies’ Unity Platform is the latest investment in the incarcerated community
The organization combined the best elements of classic JPay and Securus platforms to provide one, comprehensive software program that can integrate into any correctional facility. DALLAS, Sept. 29, 2020 -- Securus Technologies today introduced the organization's newest digital offering to the corrections industry, the Securus Unity Platform. As the pioneers of tablet technology, Securus leveraged the organization's nearly ten-years of tablet knowledge and practical in-facility experience to build a software platform that can be customized to operate in any correctional environment. The com...
Read moreSeptember 28, 2020
How Platinum Equity’s Small Cap team has put experience and capital to work during COVID-19 crisis
Theater goers have not exactly flocked back to movie houses in the U.S. A slow stream of new releases began in August. The month of September saw the release of Tenet, a planned summer blockbuster from noted director Christopher Nolan. The viewing public’s response was underwhelming. After months of COVID-19 forced closures, Tenet failed to earn $30 million in its first two weeks in theaters. Although theaters are still closed in the two largest markets (New York and Los Angeles), the New York Times reports 68% of the theater marker was open for Tenet, but it landed with a whimper. ...
Read moreSeptember 22, 2020
Statement from Platinum Equity: No intention to make an offer for AA plc (“AA”)
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") FOR IMMEDIATE RELEASE 23 September 2020 Statement from Platinum Equity: No intention to make an offer for AA plc (“AA”) Platinum Equity announces today that discussions with the Board of AA have been terminated by mutual agreement and it does not in...
Read moreSeptember 11, 2020
Update: Securus Technologies Reports More Than 50 Percent Reduction in Fees for Third-Party Transactions on Calling Accounts
Fees for 3rd party retail transactions reduced to $4.95 DALLAS, TEXAS–Aventiv Technologies and its corrections-services subsidiary Securus Technologies today announced that it has renegotiated pricing on third party vendor contracts. Consumers pay processing fees for cash deposits to fund telephone accounts by third party retail vendors such as Western Union and MoneyGram. These new prices result in a combined total cost reduction for consumers of more than 50 percent. The reduction comes amid an expansive and holistic corporate transformation launched in January, with the goal of ma...
Read moreSeptember 02, 2020
Securus Technologies’ ‘Lantern’ shines brightly in helping 600 students earn degrees from Ashland University
DALLAS, Sept. 2, 2020 -- Securus Technologies today announces that its Lantern Program has helped 600 incarcerated students earn bachelors and associates degrees from its partner, Ashland University. Created in 2016, Lantern is a first-of-its-kind learning management system built specifically for corrections to provide incarcerated students access to digital education. It has grown to become the largest digital education program for the incarcerated in the U.S. Lantern is an interactive, cross-functional, and full-service education platform, built to provide incarcerated individuals...
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