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DETROIT – Roaring laughter - and a little friendly trash talk - was heard in the Little Caesars Arena interview room only minutes before the start of the Detroit Pistons game against the Indiana Pacers on March 20. Jalen ...
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How Winc management team, Platinum Equity ops ‘rose to the occasion’ to pull off turnaround for customers in Australia, New Zealand
April 03, 2024
SYDNEY – The distribution center west of Australia’s largest city is operating efficiently on the warm September day.Winc Supply Chain Director Chris Fox proudly takes visitors by rows of empty pallets neatly stacked near...
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Platinum Equity Completes Acquisition of Horizon Organic and Wallaby from Danone
April 02, 2024
Leading dairy products brands projected to benefit from Platinum Equity’s carve-out experience and operational expertise LOS ANGELES (April 2, 2024) – Platinum Equity today announced that the acquisition of a majority ...
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January 18, 2005
Platinum Equity Acquires Universal Group Direct and Dial Business Units from Vivendi Universal
Businesses in France and the United Kingdom are Europe’s Largest Club-Based Marketers of DVD, CD and Video Game Entertainment LOS ANGELES (Jan. 17, 2005) – Platinum Equity announced today that it has acquired Universal Group Direct and DIAL – Europe’s largest club-based marketers of DVD, CD and video game entertainment – from Vivendi Universal. Financial terms were not discl... Read more
Businesses in France and the United Kingdom are Europe’s Largest Club-Based Marketers of DVD, CD and Video Game Entertainment ... Read more
Businesses in France and the United Kingdom are Europe’s Largest Club-Based Marketers of DVD, CD and Video Game Ent. Read more
March 21, 2005
Global Crossing Announces Sale of Small Business Group to Platinum Equity's Matrix Telecom
Florham Park, NJ -- Global Crossing (NASDAQ: GLBC) announced today that it has entered into a purchase agreement to sell its small business group (SBG) to Matrix Telecom®, a Platinum Equity company. Under the agreement, Global Crossing will receive $40.5 million in gross cash proceeds for SBG. In addition, Global Crossing and Matrix have entered into a long term carrier services agreement under which Global Crossing will offer its full suite of ... Read more
Florham Park, NJ -- Global Crossing (NASDAQ: GLBC) announced today that it has entered into a purchase agreement to sell its small business group (SBG... Read more
Florham Park, NJ -- Global Crossing (NASDAQ: GLBC) announced today that it has entered into a purchase agreement to s. Read more
July 21, 2005
Platinum Equity Acquires American Racing Equipment Inc.
Premier Manufacturer Of High Performance Automotive Wheels Is Envisioned As Platform for Additional AcquisitionsBEVERLY HILLS, Calif. (July 21, 2005) – Platinum Equity announced today that it has acquired American Racing Equipment Inc., a leading manufacturer of high-performance automotive wheels to aftermarket customers in North America, from Noranda Aluminum Inc.Based in Southern California with a heritage dating back 50 years, American Racin... Read more
Premier Manufacturer Of High Performance Automotive Wheels Is Envisioned As Platform for Additional AcquisitionsBEVERLY HILLS, Calif. (July 21, 2005) ... Read more
Premier Manufacturer Of High Performance Automotive Wheels Is Envisioned As Platform for Additional AcquisitionsBEVER. Read more
July 27, 2005
Platinum Equity Signs Agreement to Acquire Supply Chain Business from LESCO Inc.
BEVERLY HILLS, Calif. (July 27, 2005) – Platinum Equity announced today that it has reached a definitive agreement to acquire substantially all of the supply chain and distribution assets of LESCO Inc. (NASDAQ: LSCO), a leading provider of products and supplies to the professional turf care industry.The assets being acquired include four blending facilities and a majority of the company’s warehouse and distribution centers, along with consuma... Read more
BEVERLY HILLS, Calif. (July 27, 2005) – Platinum Equity announced today that it has reached a definitive agreement to acquire substantially all of t... Read more
BEVERLY HILLS, Calif. (July 27, 2005) – Platinum Equity announced today that it has reached a definitive agreement . Read more
August 15, 2005
Platinum Equity to Acquire USRobotics®
Acquisition Will Strengthen Leading Network Connectivity Provider; Positions Company on a Platform for Growth Through Additional AcquisitionsLOS ANGELES and CHICAGO (August 15, 2005) – Platinum Equity will acquire USRobotics in an all-cash transaction that will both strengthen the pioneering Internet connectivity and networking product provider and position it for future growth, the two companies announced today.“USRobotics has a stellar repu... Read more
Acquisition Will Strengthen Leading Network Connectivity Provider; Positions Company on a Platform for Growth Through Additional AcquisitionsLOS ANGEL... Read more
Acquisition Will Strengthen Leading Network Connectivity Provider; Positions Company on a Platform for Growth Through. Read more
September 20, 2005
Platinum Equity Completes Acquisition of USRobotics®
LOS ANGELES (September 20, 2005) – Platinum Equity announced today that it has completed the acquisition of pioneering network and Internet connectivity provider USRobotics. The transaction was announced on Aug. 15.With an installed base of more than 100 million products in more than 80 countries worldwide, USRobotics is one of the world’s leading producers and distributors of broadband and analog modems, and wired and wireless networking sol... Read more
LOS ANGELES (September 20, 2005) – Platinum Equity announced today that it has completed the acquisition of pioneering network and Internet connecti... Read more
LOS ANGELES (September 20, 2005) – Platinum Equity announced today that it has completed the acquisition of pioneer. Read more
October 17, 2005
Platinum Equity Signs Definitive Agreement to Sell ACR Logistics to Kuehne + Nagel International
Operational Performance and Enterprise Value Grew Dramatically Under Platinum OwnershipLOS ANGELES (October 17, 2005) – Platinum Equity announced today that it has agreed to sell portfolio company ACR Logistics to Kuehne + Nagel International AG, one of world’s largest logistics companies.The agreement values ACR Logistics at nearly €500 million euros. The transaction, which is subject to regulatory approval, is expected to be completed in ... Read more
Operational Performance and Enterprise Value Grew Dramatically Under Platinum OwnershipLOS ANGELES (October 17, 2005) – Platinum Equity announced to... Read more
Operational Performance and Enterprise Value Grew Dramatically Under Platinum OwnershipLOS ANGELES (October 17, 2005). Read more
October 24, 2005
Platinum Equity Signs Definitive Agreement to Acquire ESM Group Inc. from Degussa AG
Company Provides Products and Services to the Steel Industry; Agreement is Platinum’s Third Transaction Announcement in the Past Week LOS ANGELES (October 24, 2005) – Platinum Equity announced today that it has signed a definitive agreement to acquire ESM Group Inc., a leading provider of products and services to the steel industry headquartered in Amherst, N.Y. The seller is Degussa AG, the global market leader in specialty chemicals based i... Read more
Company Provides Products and Services to the Steel Industry; Agreement is Platinum’s Third Transaction Announcement in the Past Week LOS ANGELES (O... Read more
Company Provides Products and Services to the Steel Industry; Agreement is Platinum’s Third Transaction Announcemen. Read more
November 21, 2005
Merry X-Ray Acquires SourceOne Healthcare Technologies
LOS ANGELES (November 21, 2005) – Merry X-Ray Corporation, a nationwide leader in medical imaging technology and service, has acquired SourceOne Healthcare Technologies from Platinum Equity, the companies announced today. Financial terms were not disclosed.Merry X-Ray executives said the acquisition of SourceOne would expand their reach as one of the leading providers of radiology imaging solutions to hospitals and health care centers across No... Read more
LOS ANGELES (November 21, 2005) – Merry X-Ray Corporation, a nationwide leader in medical imaging technology and service, has acquired SourceOne Hea... Read more
LOS ANGELES (November 21, 2005) – Merry X-Ray Corporation, a nationwide leader in medical imaging technology and se. Read more
December 21, 2005
Platinum Equity Completes Acquisition of ESM Group
Degussa AG Divests Provider of Products and Services to the Steel IndustryLOS ANGELES (December 21, 2005) – Platinum Equity announced today that it has completed the acquisition of ESM Group Inc., a leading provider of products and services to the steel industry headquartered in Amherst, N.Y.The seller is Degussa AG, a global specialty chemicals manufacturer based in Germany. ESM Group was part of the metallurgy business that Degussa designated... Read more
Degussa AG Divests Provider of Products and Services to the Steel IndustryLOS ANGELES (December 21, 2005) – Platinum Equity announced today that it ... Read more
Degussa AG Divests Provider of Products and Services to the Steel IndustryLOS ANGELES (December 21, 2005) – Platinu. Read more
