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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April 14, 2020
Jostens answers Platinum Equity’s call to action with free virtual commencement centers
The dream of a run to the baseball state playoffs ended in districts. An anticipated final concert with the school band was cancelled. As co-class president, experiencing detailed planning for a senior prom that will never occur. Thomas Arend, who remains upbeat despite the setbacks, is succinct when discussing how routine rites of passage have been snatched away over the last few weeks. “It kind of sucks,” he said. The North Thurston (Wash.) High School student is just one of many to see the final months of senior year interrupted by school closings. Gov. Jay Inslee announc...
Read moreApril 13, 2020
Tom Gores Purchases 100,000 PPE Masks for City of Detroit
Surgical-grade Masks to Support First Responders and City Workers on Frontline of COVID-19 Crisis DETROIT, Mich. – Pistons owner Tom Gores and Detroit Mayor Mike Duggan announced today that Mr. Gores purchased 100,000 PPE masks for deployment and use by the City of Detroit. The surgical-grade masks will be provided to Detroit police officers, firefighters, bus drivers and other city workers serving the public in order to help slow the spread of COVID-19. “First responders and city workers are on the front line of this crisis and they need our support now more than ever,” said Mr...
Read moreApril 11, 2020
Platinum Equity Responds to COVID-19
In response to the global pandemic caused by COVID-19, Platinum Equity’s top priorities are: Protect the well-being of our employees and their families Ensure the continuity of our business Mitigate the impact of the crisis on the firm’s portfolio companies Pursue new opportunities in the market “We are intensely focused on the health of our people, our firm and our portfolio companies during this global pandemic,” said Platinum Equity Chairman and CEO Tom Gores. “We are taking the steps needed to keep our team safe while ensuring the continuity of our business.” ...
Read moreApril 06, 2020
Platinum Equity Completes Acquisition of Farnese Vini
Firm continues pursuing new investments while taking necessary precautions during global pandemic LOS ANGELES (April 6, 2020) – Platinum Equity announced today that the acquisition of Farnese Group from NB Renaissance Partners has been completed. Financial terms were not disclosed. The transaction was signed last December and has now closed as expected, with Platinum Equity teams working hard while adhering to measures taken in response to COVID-19. The firm implemented companywide travel restrictions and work-from-home policies weeks ago in order to protect employees and help slow the...
Read moreApril 06, 2020
Why Platinum Equity acquired Italian winemaker in spite of COVID-19 challenges
The April 6 issue of Axios’ daily dealmakers newsletter called Platinum Equity’s acquisition of Farnese Vini the day’s most notable transaction. What set Farnese apart? Business editor Dan Primack wrote: “Because the deal actually closed, despite everything that's happened in the U.S. and Italy since it was agreed to in December.” Bankers from New York to Milan had questions. How did the firm close the deal with much of the world shut down? Why do it given everything that changed between sign and close? Louis Samson, a partner at Platinum Equity and member of the fi...
Read moreMarch 04, 2020
Aventiv Technologies Reports Initial Progress On Reform Commitments
Accomplishments reflect a positive shift in accessibility and ongoing engagement with key stakeholders Aventiv Technologies and its corrections-services subsidiary, Securus Technologies, today reported progress on key milestones of the transformation commitments announced in mid-January. Under the direction of President and CEO Dave Abel, the organization is undertaking an expansive and holistic transformation to make its products more accountable, affordable and accessible. The pace of the early progress in the multi-year effort highlights the company’s ability to quickly adapt to the ne...
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