For the second consecutive year, Platinum Equity Co-President Jacob Kotzubei was invited to participate in a Milken Institute Global Conference panel discussion. Flanked by other senior private equity investment profession...
The recent Club Car Championship raised a record $450,000 for Savannah, Ga. charities, according to WTOC-TV. Pro golfer Steven Fisk birdied three of the final four holes of regulation to win in a sudden-death playoff at Th...
In late 2019, Platinum Equity was performing diligence on Kohler Co.’s energy resilience division. Kohler Co., a global name with more than 40,000 employees, is known for its kitchen and bath products. But the pandemi...
Sale allows Ingram Micro to increase focus on growth of core technology and cloud businessesLOS ANGELES (April 4, 2022) – Platinum Equity confirmed today that the main closing of the sale of most of portfolio company Ingram Micro’s Commerce & Lifecycle Services Business (“CLS”) to CMA CGM Group has been completed. The transaction was valued at approximately $3 billion.The main closing involved the divestiture of CLS operations in Eur... Read more
Sale allows Ingram Micro to increase focus on growth of core technology and cloud businessesLOS ANGELES (April 4, 2022) – Platinum Equity confirmed... Read more
Sale allows Ingram Micro to increase focus on growth of core technology and cloud businessesLOS ANGELES (April 4, 20. Read more
Streem brand, platform, and local service continue in Australia and New Zealand (ANZ) marketManagement team retained with long-term growth mandateStreem joins PR Newswire, Brandwatch, and Falcon.io brands to activate full-service offering for Cision across ANZSYDNEY and CHICAGO, April 3, 2022 /PRNewswire/ -- Global communications intelligence company Cision announced today that it has completed the acquisition of realtime media monitoring... Read more
Streem brand, platform, and local service continue in Australia and New Zealand (ANZ) marketManagement team retained with long-term growth mandate... Read more
Streem brand, platform, and local service continue in Australia and New Zealand (ANZ) marketManagement team retai. Read more
Acquisition of National Tile and Stone Distributor Strengthens PGS Offering in Growing Commercial Flooring MarketLOS ANGELES and MIAMI (April 1, 2022) – Platinum Equity portfolio company Paramount Global Surfaces (“PGS”) announced today the acquisition of Stone Source from a group of investors led by Founders Equity. Financial terms were not disclosed.Headquartered in New York, Stone Source distributes natural stone, ceramic tile and oth... Read more
Acquisition of National Tile and Stone Distributor Strengthens PGS Offering in Growing Commercial Flooring MarketLOS ANGELES and MIAMI (April 1, 2022... Read more
Acquisition of National Tile and Stone Distributor Strengthens PGS Offering in Growing Commercial Flooring MarketLOS. Read more
LOS ANGELES and BROOKLYN (March 4, 2022) – Platinum Equity portfolio company L&R Distributors announced today the acquisition of SJ Creations (“SJ”) from the company’s founders. Financial terms were not disclosed.Headquartered in Encinitas, California, SJ is a health, beauty and personal care products company focused on everyday and specialty bath, body and skin care products sold in major retailers under owned brands or private lab... Read more
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LOS ANGELES and BROOKLYN (March 4, 2022) – Platinum Equity portfolio company L&R Distributors announced today t. Read more
When it made landfall last summer, Hurricane Ida downed trees throughout Louisiana, which created hazardous situations in an area accustomed to the dangers of violent storms. Shortly afterward dispatching a team of to assist relief efforts, Oregon Tool representatives received an e-mail from a Hammond, La., resident thanking the company’s Disaster Response Team for its chainsaw support after the Category 4 storm caused an estimated $18 bil... Read more
When it made landfall last summer, Hurricane Ida downed trees throughout Louisiana, which created hazardous situations in an area accustomed to the d... Read more
When it made landfall last summer, Hurricane Ida downed trees throughout Louisiana, which created hazardous situatio. Read more
DALLAS, February 17, 2022 -- Aventiv Technologies, the leading technology company empowering rehabilitative justice by pioneering the development and deployment of educational platforms as a rehabilitation tool for the incarcerated, today announced the formal launch of a Corporate Advisory Board to help fulfill its aggressive, multi-year commitments to transformation.The board comprises 11 leaders representing a diverse cross-section of consti... Read more
DALLAS, February 17, 2022 -- Aventiv Technologies, the leading technology company empowering rehabilitative justice by pioneering the development a... Read more
DALLAS, February 17, 2022 -- Aventiv Technologies, the leading technology company empowering rehabilitative justic. Read more
Investment helped establish Platinum’s playbook in government services sector where firm seeks new opportunities to put capital to work LOS ANGELES (February 15, 2022) — Platinum Equity confirmed today that following the approximately $1.9 billion sale of PAE Incorporated to an affiliate of Amentum Government Services Holdings LLC that closed this morning, the firm has fully exited its investment in the government services provider that it ... Read more
Investment helped establish Platinum’s playbook in government services sector where firm seeks new opportunities to put capital to work LOS ANGELE... Read more
Investment helped establish Platinum’s playbook in government services sector where firm seeks new opportunities t. Read more
LOS ANGELES and WESTMINSTER, Colo., January 27, 2022 — Platinum Equity announced today that the sale of Ball Metalpack to Sonoco (NYSE: SON) in a transaction valued at approximately $1.35 billion has been completed. Ball Metalpack, based in Broomfield, Colorado, manufactures sustainable steel containers for aerosol products, food, household consumables, pet food, nutritional and other products in the United States. It was formed as a joint vent... Read more
LOS ANGELES and WESTMINSTER, Colo., January 27, 2022 — Platinum Equity announced today that the sale of Ball Metalpack to Sonoco (NYSE: SON) in a tr... Read more
LOS ANGELES and WESTMINSTER, Colo., January 27, 2022 — Platinum Equity announced today that the sale of Ball Metalp. Read more
Acquisition of UK Property Services Business Adds to Global Buyout Firm’s Momentum in Europe LOS ANGELES (January 24, 2022) – Platinum Equity announced today the signing of a definitive agreement to acquire Leaders Romans Group (‘LRG’), one of the UK’s largest property services firms, from Bowmark Capital. Financial terms were not disclosed. LRG specializes in residential property lettings, sales and associated professional service... Read more
Acquisition of UK Property Services Business Adds to Global Buyout Firm’s Momentum in Europe LOS ANGELES (January 24, 2022) – Platinum Equity... Read more
Acquisition of UK Property Services Business Adds to Global Buyout Firm’s Momentum in Europe LOS ANGELES (Janu. Read more
Platinum produces landmark year featuring 17 deals valued at more than $1 billion each, with investments in familiar sectors, industry leaders and familiar brands1The distribution of vaccines and other medical advances brought hope, but COVID-19 still dominated global headlines throughout 2021. However, the M&A markets easily surpassed pre-pandemic levels and reached all-time highs.Under that backdrop, Platinum Equity delivered a landmark yea... Read more
Platinum produces landmark year featuring 17 deals valued at more than $1 billion each, with investments in familiar sectors, industry leaders and fam... Read more
Platinum produces landmark year featuring 17 deals valued at more than $1 billion each, with investments in familiar . Read more