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February 14, 2020

Platinum Equity Acquires Biscuit International

Acquisition Adds to Global Buyout Firm’s Momentum in Europe LOS ANGELES (February 14, 2020) – Platinum Equity today announced the acquisition of Biscuit International, a leading European manufacturer of private label sweet biscuits. Headquartered in Paris, Biscuit International employs approximately 1,900 people and generated sales in excess of €500m during the last 12 months, of which approximately two-thirds came from outside France. The company markets a wide range of products with a European or local presence, including traditional biscuits and a growing portfolio of product...

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February 10, 2020

Vertiv Lists on the New York Stock Exchange Following Business Combination with GS Acquisition Holdings Corp

Pure-play critical digital infrastructure provider to trade under the ticker symbol VRT Feb. 10, 2020 COLUMBUS, Ohio–(BUSINESS WIRE)–Vertiv Holdings Co, a global provider of critical digital infrastructure and continuity solutions, today announced the completion of the business combination of GS Acquisition Holdings Corp and Vertiv Holdings, LLC. The combination was approved by GS Acquisition Holdings Corp shareholders on February 6, 2020. GS Acquisition Holdings Corp has been renamed Vertiv Holdings Co and is expected to trade on the New York Stock Exchange beginning on Monday, Februa...

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February 10, 2020

Gores Holdings III, Inc. Completes Acquisition of PAE From Platinum Equity

Combined company renamed PAE Incorporated and will trade on Nasdaq under PAE and PAEWW LOS ANGELES (February 10, 2020) – Gores Holdings III, Inc. (“Gores Holdings III”) (Nasdaq CM: GRSH, GRSHU, and GRSHW), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC (“The Gores Group” or “Gores”), today announced that it completed the acquisition of Platinum Equity portfolio company PAE (“PAE” or the “Company”), trusted provider of outsourced solutions for enduring missions of the United States government and international partners for over 6...

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January 31, 2020

Platinum Equity Completes $2.7 Billion Acquisition of Cision Ltd.

CHICAGO, Jan. 31, 2020 /PRNewswire/ -- Cision LTD., a leading global provider of software and services to public relations and marketing communications professionals, today announced that it has been acquired by an affiliate of Platinum Equity in an all cash transaction valued at approximately $2.7 billion. “Cision is well established as the industry standard platform for communications professionals navigating an increasingly complex environment,” said Platinum Equity Chairman and CEO Tom Gores. “This is an investment that plays to Platinum’s core strengths. We will deploy our ...

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January 21, 2020

Platinum Equity Acquires Marketing Technology Platform Centerfield, Completes Add-on Acquisition of Digital Ventures

Centerfield’s World-Class Customer Acquisition Technology Poised for Additional Growth and Expansion LOS ANGELES – Jan 22, 2020 – Platinum Equity today announced the acquisition of Centerfield, a technology-driven marketing and customer acquisition company. The firm also announced that Centerfield has acquired Digital Ventures, which operates leading web sites in home security, residential services, senior services, and other verticals. Financial terms of the transactions were not disclosed. “Centerfield has delivered millions of customers and sales to many of America’s largest...

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January 13, 2020

Dave Abel Named Chief Executive Officer Of Aventiv Technologies And Its Corrections Subsidiary Securus Technologies

Mr. Abel Announces Accelerated Transformation Program Focused On Affordability, Accountability, Innovation and Reform DALLAS, Jan. 13, 2020 -- Technology and government services executive Dave Abel has been named President and Chief Executive Officer of Aventiv Technologies and its corrections services subsidiary Securus Technologies, effective immediately. "Dave is an innovative leader who we recruited in April to develop and accelerate an ambitious business transformation program for Securus," said Bryan Kelln, president of portfolio operations at Platinum Equity, which owns the ...

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