Platinum Equity Invests in Norton Packaging
LOS ANGELES (January 9, 2026) – Platinum Equity announced today a significant investment in Norton Packaging, a provid...
May 01, 2018
Interior Logic Group, Inc. and Interior Specialists, Inc. Announce Merger Creates the largest interior finish services company in the US with $1.5 billion in revenue Paves the way for new investments in facilities, technology and customer service Creates a national brand with a footprint reaching from coast to coast ATLANTA, GA and IRVINE, CA, (May 1, 2018) - Interior Logic Group, Inc. (ILG) and Interior Specialists, Inc. (ISI), the two largest companies in the interior finishes industry, announced today they have signed a definitive agreement to merge under the Interio...
Read moreApril 30, 2018
Stamford, CT., April 30, 2018 – Pitney Bowes Inc. (NYSE: PBI), a global technology company that provides commerce solutions in the areas of shipping and mailing, data, and ecommerce, today announced that Platinum Equity has signed a definitive agreement to acquire the Company’s Document Messaging Technologies (DMT) production mail business and supporting software for $361 million, subject to certain adjustments. The company anticipates proceeds from the sale of approximately $270 million, net of estimated closing costs, transaction fees and taxes. Pitney Bowes expects to use the majority...
Read moreApril 09, 2018
LOS ANGELES (April 9, 2018) –Platinum Equity today announced the acquisition of Euro Parking Collection plc (EPC) by Platinum Equity portfolio company American Traffic Solutions (ATS). Financial terms of the transaction were not disclosed, but certain seller shareholders will become shareholders of the combined group. Euro Parking Collection plc (EPC) specializes in the identification, notification and collection of unpaid traffic and public transport related fees, charges and penalties issued to foreign registered vehicles or rental vehicles with foreign or non-resident hirers (FRV) acro...
Read moreMarch 29, 2018
LOS ANGELES (March 29, 2018) – Platinum Equity announced today that it has completed the acquisition of Husky Injection Molding Systems from Berkshire Partners and OMERS Private Equity for $3.85 billion. Based in Bolton, Ontario, Husky is a global supplier of highly engineered injection molding equipment and services for the plastic injection molding equipment industry, and a leading provider of PET systems, hot runners, aftermarket tooling, medical molds, and specialty closure molds. Husky’s state-of-the-art manufacturing equipment is delivered to a wide range of customers in variou...
Read moreMarch 16, 2018
LOS ANGELES (March 16, 2018) – Platinum Equity announced today that it has submitted a binding offer to acquire LifeScan, Inc. from Johnson & Johnson (NYSE: JNJ) in a transaction valued at approximately $2.1 billion. LifeScan is a leader in blood glucose monitoring products with 2017 net revenue of approximately $1.5 billion. “We have great respect for Johnson & Johnson and appreciate their confidence in our ability to execute,” said Platinum Equity Chairman and CEO Tom Gores. “This is an important investment for us in a business that serves millions of patients around the w...
Read moreMarch 01, 2018
HTA Combines With American Traffic Solutions Fleet Services to Capitalize on Continued Growth in Electronic Toll Collection LOS ANGELES (March 1, 2018) – Platinum Equity today announced the acquisition of Highway Toll Administration, LLC (HTA), a leader in electronic toll collection services and technology. HTA was acquired from Miami-based David and Leila Centner. Financial terms of the transaction were not disclosed. HTA is combining with the Fleet Services unit of Platinum Equity portfolio company American Traffic Solutions (ATS), creating an organization that will process tolls f...
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