How Sunrise Medical Supports Air Travel Innovation for Power Wheelchair Users
Wheelchair manufacturer works to assist users who need assistance while flying.
April 06, 2020
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
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...
Read moreFebruary 14, 2020
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...
Read moreFebruary 10, 2020
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...
Read moreFebruary 10, 2020
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...
Read moreJanuary 31, 2020
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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