June 20, 2022
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Read moreJune 02, 2022
Augusta, Ga (June 2, 2022) – Club Car, a leading manufacturer and global leader in golf, consumer, and utility vehicles, today announced that it has completed the acquisition of Garia A/S (“Garia”) a Denmark-based manufacturer of electric street legal low-speed vehicles for the utility, consumer and golf markets. The acquisition also includes Melex, which Garia acquired in 2021 to accelerate its growth in the utility space. Melex is a manufacturer of lightweight utility vehicles based in Poland. “We are incredibly excited that Garia and Melex have joined Club Car. Together, we sh...
Read moreMay 09, 2022
LOS ANGELES (May 9, 2022) – Platinum Equity announced today that Alex Doñé has joined the firm as a Managing Director responsible for global functions related to strategic planning, investor capital development and other firm leadership initiatives. Mr. Doñé was most recently Chief Investment Officer (CIO) for the New York City Comptroller’s Office Bureau of Asset Management (NYC BAM) where he oversaw more than $265 billion of assets for the New York City Retirement Systems (NYCRS) and their more than 700,000 members, retirees, and beneficiaries. He left NYC BAM at the end of 2021 a...
Read moreApril 09, 2022
Acquisition to increase Club Car presence in Europe, diversify product portfolio in growing consumer and utility markets Expanded portfolio of zero-emission vehicles to help meet increasing global demand for sustainable transportation options AUGUSTA, Ga., April 9, 2022 /PRNewswire/ -- Club Car today announced the signing of a definitive agreement to acquire Garia A/S ("Garia"), a Denmark-based manufacturer of electric low-speed vehicles for the utility, consumer and golf markets, from Lars Larsen Group. Financial terms were not disclosed. The transaction is expected to close in th...
Read moreApril 04, 2022
Sale allows Ingram Micro to increase focus on growth of core technology and cloud businesses LOS 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 Europe, Canada, U.S., Peru, Colombia, Chile, and Argentina. The deferred closing regarding the remaining operations in Asia Pacific, Mexico and C...
Read moreApril 03, 2022
Streem brand, platform, and local service continue in Australia and New Zealand (ANZ) market Management team retained with long-term growth mandate Streem joins PR Newswire, Brandwatch, and Falcon.io brands to activate full-service offering for Cision across ANZ SYDNEY and CHICAGO, April 3, 2022 /PRNewswire/ -- Global communications intelligence company Cision announced today that it has completed the acquisition of realtime media monitoring company Streem. Since announcing the deal in December 2021, Streem has continued its high-growth trajectory, winning major new custom...
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