Platinum Equity Completes Acquisition of Tangent Technologies
Platinum Equity announces completion of Tangent Technologies acquisition.
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October 20, 2011
Platinum Equity Company Keystone Automotive Operations Acquires NTP Distribution
Exeter, PA – Keystone Automotive Operations, Inc., the leader in distributing specialty automotive components and accessories, in coordination with its majority shareholders Platinum Equity, announced today that it has acquired NTP Distribution Inc. (NTP) is a privately held provider of quality aftermarket products, parts, and accessories for dealers in the recreational vehicle (RV) and towing industries. "This is a terrific example of how Keystone can leverage its strong logistics and distribution capabilities to offer dealers in the RV and hitching and towing industries our unique value...
Read moreOctober 12, 2011
Platinum Equity Company Quark Special Upgrade Program Benefits Owners of Early Versions
As reported in Macworld, an online source for Apple- and software-related news, Quark, a Platinum Equity portfolio company, is looking to the past to generate interest in the future. Quark has created a special upgrade program making the latest version of QuarkXPress available at a discount to all owners of previous versions of the software. “We know there are QuarkXPress enthusiasts that are still working with older versions and we’d like to ease their transition to QuarkXPress 9 by offering a special offer on the cost of an upgrade,” said Gavin Drake, Vice President of Marketing for...
Read moreOctober 03, 2011
Platinum Equity Completes Sale of AEES
Los Angeles, CA – Platinum Equity announced today it has completed the sale of its North American wire harness business, AEES, to PKC Group. The sale transaction included cash consideration and newly issued PKC shares. AEES is one of the leading North American suppliers of wiring harness solutions to automotive original equipment manufacturers and tier-one suppliers. AEES also has operations in Brazil and Ireland. PKC is one of the leading wiring harness manufacturers for trucks in Europe and South America. “PKC is a great strategic fit for AEES with a complementary geographic footpr...
Read moreSeptember 30, 2011
UNICOM Systems acquires iET Solutions from Platinum Equity
Mission Hills, CA - UNICOM® Systems, Inc., a global leader in IBM mainframe, System i, Unix and Open Systems management solutions today announced that it has acquired the Boston-based international software company, iET Solutions, LLC from Platinum Equity, LLC. The acquisition underlines UNICOM's commitment to the IT Service Management (ITSM) and Software Asset Management market space for midsize and large enterprises, enabling the Company to offer innovative, state-of-the-art technology and services which complement its existing ITPowerPac® solutions which maximizes the potential of the Ope...
Read moreSeptember 28, 2011
The Pistons Are Getting Smart
Interviewed by SI.com at the biennial New England Symposium on Statistics and Sports, Platinum Equity partner Robert Wentworth discussed Platinum's plans for the Pistons—acquired by Platinum Equity as a component of Palace Sports & Entertainment—and Platinum's intent to incorporate advanced statistics into the organization. The symposium, held at Harvard, covers statistical modeling and analysis of sports data and attracts statisticians and quantitative analysts from teams including NBA teams the Thunder, Mavericks, Celtics, and Rockets. Although the Pistons' presence at the math...
Read moreSeptember 15, 2011
Union Tribune and United Way Partner on Education Volunteers
The San Diego Union-Tribune has teamed with United Way of San Diego County and the San Diego County Office of Education to introduce an unprecedented campaign to mobilize 4,500 San Diego County residents to pledge to volunteer with K-12 students. The "U-T Volunteer for Education" campaign will continue through the 2011-12 academic school year and includes diverse ways for residents to get involved, including classroom involvement, life and career coaching, and opportunities tailored to specific skill sets. “This campaign reflects our long-standing mission to help foster strong communit...
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