Platinum Equity to Sell Heat Controller to Lennox
Sale positions Heat Controller for continued growth Divestiture represents final exit of the firm’s investment in HVA...
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March 17, 2016
Exterion Media selected for TfL's Rail Advertising contract
The largest Out-of-Home contract in the world sets the foundation for a ground-breaking, data-driven partnership spanning 8.5 years Transport for London (TfL) announced today that it has selected Exterion Media as its new commercial Partner for its Rail Advertising contract, offering innovative solutions to advertisers, maximising revenues and enhancing the customer experience. “We are hugely excited to be working in partnership with TfL to create more dynamic opportunities to connect with the London Audience over the next decade,” explains Shaun Gregory, CEO, Exterion Media. “Together...
Read moreMarch 15, 2016
Platinum Equity Completes Acquisition of PAE
LOS ANGELES (March 15, 2016) – Platinum Equity announced today it has completed the acquisition of PAE, a leading provider of support services for the U.S. government, its allied partners and international organizations. Financial terms were not disclosed. PAE, headquartered in Arlington, Va., supports the execution of complex and critical missions by providing global logistics and stability operations, technical services and national security solutions to customers on all seven continents. “PAE has a rich history with strong long-term customer relationships and dedicated employe...
Read moreFebruary 29, 2016
Worldwide Flight Services Completes Acquisition of Consolidated Aviation Services
Complementary Acquisition Expands WFS’s Presence in U.S. Cargo Handling Market LOS ANGELES (Feb. 29, 2016) – Worldwide Flight Services (WFS), one of the world’s leading cargo handlers and providers of ground handling and technical services, announced today it has completed the acquisition of Consolidated Aviation Services (CAS). Financial terms were not disclosed. CAS, headquartered in New York, is one of the leading cargo handlers in the United States, serving over 250 airline customers. WFS, which was acquired by Platinum Equity in September 2015, is present at major airports in mo...
Read moreJanuary 19, 2016
Platinum Equity to Acquire PAE
LOS ANGELES, Jan. 19, 2016 -- Platinum Equity announced today it has signed a definitive agreement to acquire PAE from Lindsay Goldberg. PAE is a leading provider of enduring support for the essential missions of the U.S. government, its allied partners and international organizations. Financial terms were not disclosed. The transaction is expected to close by the end of February 2016 subject to regulatory approvals. PAE, headquartered in Arlington, Va., supports the execution of complex and critical missions by providing global logistics and stability operations, technical services and n...
Read moreJanuary 11, 2016
Worldwide Flight Services to Acquire Consolidated Aviation Services
Complementary Acquisition to Expand WFS’s Presence in U.S. Cargo Handling Market LOS ANGELES (Jan. 11, 2016) – Worldwide Flight Services (WFS), one of the world’s leading cargo handlers and providers of ground handling and technical services, announced today an agreement to acquire Consolidated Aviation Services (CAS). Financial terms were not disclosed. The transaction is subject to regulatory approval and other customary closing conditions. CAS, headquartered in New York, is one of the leading cargo handlers in the United States, serving over 250 airline customers. WFS, which was a...
Read moreJanuary 07, 2016
Tom and Holly Gores Partner with Children’s Hospital Los Angeles to Create New State of the Art Allergy Center
The Gores Family Allergy Center will Treat Children with Life-Threatening Food Allergies and Other Allergic Disorders Los Angeles, California (Jan. 7, 2015) – Los Angeles financier and philanthropist Tom Gores and his wife Holly have made a $5 million commitment to establish a new pediatric allergy treatment center at Children’s Hospital Los Angeles (CHLA). In honor of the family’s generous gift, the center will be named the Gores Family Allergy Center and plan to expand clinical treatment for children with severe and life-threatening allergies, in particular allergies to food. The cent...
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