Platinum Equity Completes Acquisition of Tangent Technologies
Platinum Equity announces completion of Tangent Technologies acquisition.
February 01, 2021
NEW YORK – February 1, 2021 – Blackstone (NYSE:BX) today announced that private equity funds managed by Blackstone (“Blackstone”) have reached a definitive agreement to acquire Interior Logic Group Holdings, LLC (“ILG”) from Littlejohn & Co. LLC (“Littlejohn”), Platinum Equity and other equity holders, for a total transaction value of approximately $1.6 billion. ILG is a leading, data-driven and technology-enabled provider of interior design, supply chain and installation management solutions to several of the nation’s largest single-family homebuilders. The company...
Read moreJanuary 26, 2021
Year in review: Platinum Equity delivers landmark 2020 with adaptability
Read moreJanuary 25, 2021
Platinum officials explain the future and potential of tech industry leader that is firmly entrenched on Fortune 100 list.
Read moreJanuary 07, 2021
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
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
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...
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