Platinum Equity Invests in Norton Packaging
LOS ANGELES (January 9, 2026) – Platinum Equity announced today a significant investment in Norton Packaging, a provid...
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July 19, 2011
Platinum Equity Company International Offshore Services Selects MarineCFO
New Orleans, LA—MarineCFO Inc., the leading provider of Marine Software including On-Vessel, Marine Operations, Personnel, Fleet Maintenance, and Financial Management Software Solutions to the Marine Transportation Industry, announced today that Platinum Equity Company, International Offshore Services, has chosen to implement the full MarineCFO Enterprise software suite. International Offshore Services, LLC was formed in 2006 by combining International Marine (started in 1996) and International Construction Group. Through its wholly-owned subsidiaries International Offshore Services provi...
Read moreJuly 15, 2011
Acument Global Technologies Hiring In Fenton, MI
Acument Global Technologies, a Platinum Equity portfolio company, has completed its plans to invest $5.1 million to expand its facilities in Fenton, Grand Blanc Township, and Sterling Heights, Michigan. The effort will generate about 150 jobs and establishes Acument's commitment to Michigan workers. Articles on mlive.com, Flint on Full, and Tri-County Times (subscription) cover the reopening of Acument's Fenton facility, which was a manufacturing center, was shuttered in 2009 at the height of the recession. The reopened plant will function as Acument's North American Processing and Technica...
Read moreJuly 13, 2011
KEMET Leverages Virtela's Award Winning Application
To speed access to business-critical applications for its 11,000 employees, Platinum Equity portfolio company KEMET Corporation announced it will use cloud acceleration services from Virtela. "With could-based application acceleration, we've experienced significant reductions in our application response times overall and we have been able to postpone bandwidth increases in many cases," said Brian Burch, senior director of worldwide infrastructure for KEMET. "It has led to higher productivity and a higher return on investment, since we do not have to deploy and manage dedicated appliances at...
Read moreJuly 08, 2011
SDUT Takes 10 Top Honors at Local SPJ Awards
The San Diego Union-Tribune and its web site, SignOn San Diego, took home top awards at the Society of Professional Journalists annual county contest. The Union-Tribune won ten first-place awards for newspaper writing, including the top award for breaking news. SignOn San Diego took three awards, including the award for Best News Site. The Society of Professional Journalists (SPJ) includes broadcast, print, and online journalists as well as journalism educators and students. Above all, SPJ works to protect the First Amendment guarantees of freedom of speech and of the press. Read the ...
Read moreJuly 06, 2011
Matrix Telecom Announces New Chief Executive Officer
Irving, TX – Matrix Telecom, a Dallas, Texas-based provider of telecom services, announced today Jerry Ou has been appointed President and Chief Executive Officer of Platinum Equity portfolio companies Matrix Telecom and Americatel Corporation. A seasoned executive with more than 10 years experience working in the telecommunications field, Ou had been COO of Matrix Telecom since 2010. He succeeds former President and CEO Charles "Chuck" Taylor, Jr., who left the company to pursue other opportunities. Ou immediately assumes operating responsibilities for all of the Matrix business units, w...
Read moreJuly 05, 2011
Palace Sports & Entertainment Partners with Oakland University
Auburn Hills, MI -- Palace Sports & Entertainment's success in its innovative role as sports marketer for Oakland University has paid off for both parties as the two organizations have agreed to extended the current agreement, which gives Platinum Equity's portfolio company, Palace Sports & Entertainment's (PS&E), the exclusive rights to sell sponsorship for OU's athletic teams and venues. "We are pleased to continue our relationship with Palace Sports & Entertainment," said Oakland University's Director of Athletics Tracy Huth. "The partnership has been outstanding and we f...
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