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October 19, 2021

Platinum Equity to Acquire Pelican Products

LOS ANGELES (October 19, 2021) – Platinum Equity announced today the signing of a definitive agreement to acquire Pelican Products, a global leader in the design and manufacture of high-performance protective cases and rugged gear for professionals and outdoor enthusiasts, and temperature-controlled supply chain solutions for the healthcare industry. Financial terms were not disclosed. The transaction is expected to be completed by the end of the fourth quarter of 2021. Pelican operates in two primary segments: Pelican Products designs and manufactures high-performance rigid protectiv...

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October 18, 2021

Platinum Equity Acquires Oregon Tool

Acquisition will help Oregon Tool fuel innovation and propel global growth PORTLAND, OR (October 18, 2021) – Platinum Equity announced today that the acquisition of Oregon Tool has been completed. Oregon Tool is a global manufacturer and distributor of aftermarket-driven professional grade cutting tools, outdoor equipment accessories and parts. Financial terms were not disclosed. Oregon Tool is the world’s #1 manufacturer of saw chain and guide bars for chainsaws, and a leading manufacturer of lawn mower blades, agricultural tractor attachments and a broad range of other products us...

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September 21, 2021

Platinum Equity Announces Sale of Singapore-Based Electronics Manufacturing Services Provider PCI to Celestica

LOS ANGELES (September 21, 2021) – Platinum Equity announced today the signing of a definitive agreement to sell PCI Limited (“PCI”), an electronics manufacturing services provider based in Singapore, to Celestica Inc. (TSX: CLS) (NYSE: CLS), headquartered in Toronto, a leader in design, manufacturing and supply chain solutions for the world's most innovative companies, for $306 million in cash. The sale is expected to close in mid-fourth quarter of 2021, subject to regulatory approval and customary closing conditions. PCI is a fully integrated design, engineering and manufacturing so...

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September 15, 2021

Platinum Equity Acquires Petmate

LOS ANGELES (September 15, 2021) – Platinum Equity announced today the acquisition of Petmate, a leading maker of pet products sold through a wide range of retail partners. Financial terms were not disclosed. Headquartered in Arlington, Texas, Petmate was founded in 1959 as Doskocil Manufacturing with a singular focus on providing safe pet transportation, resulting in the development of the industry’s first dog kennel. Today the company manufactures, sources and markets a diverse product line that includes plastic and wire pet kennels, dog houses, toys, food storage, bedding, treats and...

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August 30, 2021

McGraw Hill to Acquire Edtech Pioneer Achieve3000

New York, NY (August 30, 2021) – McGraw Hill announced today that it has entered into a definitive agreement to acquire Achieve3000, a recognized leader in differentiated instruction and learning acceleration for PreK-12 students in all 50 states and 49 countries. Financial terms were not disclosed. The transaction is expected to be completed in approximately 60 days, subject to customary closing conditions. Based in Red Bank, NJ and founded more than 20 years ago, Achieve3000 delivers a comprehensive learning platform that significantly accelerates and deepens learning in literacy, ma...

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August 16, 2021

Platinum Equity Completes Acquisition of Global Aerospace Supply Chain Services Provider Unical Aviation

Aviation parts and components business to benefit from new operational resources and recapitalized balance sheet as air travel begins to rebound LOS ANGELES (August 16, 2021) – Platinum Equity announced today it has completed the acquisition of Unical Aviation Inc. and certain of the company’s affiliates (“Unical”), a leading provider of aircraft parts and components to the global commercial aerospace market, from affiliates of the company’s founders. The acquisition includes Unical Aviation, Unical MRO, Unical 145 and Unical Aero. Unical Defense Inc., an affiliate that serves ...

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