Platinum Equity to Invest in Grand Appliance
Leading Midwest appliance distributor to join forces with Platinum-backed R&B Wholesale Distributors LOS ANGELES (Jul...
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January 24, 2022
Platinum Equity to Acquire Leaders Romans Group
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 services, including planning and surveying. The group has a nationwide network of 210 branches and offices and manages over 62,000 properties across the UK...
Read moreDecember 31, 2021
Platinum Equity Completes Acquisition of Pelican Products
LOS ANGELES (December 31, 2021) – Platinum Equity announced today that the acquisition of Pelican Products has been completed. Pelican is 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. Pelican operates in two primary segments: Pelican Products designs and manufactures high-performance rigid protective cases, advanced portable lighting systems, and outdoor consumer products for hi...
Read moreDecember 20, 2021
Platinum Equity Portfolio Company United Site Services Announces Close of New Strategic Investment to Support Continued Growth
Transaction provides substantial capital to fuel next phase of M&A-driven growth and expansion LOS ANGELES – December 20, 2021 – Platinum Equity portfolio company United Site Services, the largest provider of portable sanitation and related site services in the United States, announced today the closing of an investment by a Platinum Equity continuation fund vehicle that will support the company’s continued growth. Terms of the transaction were not disclosed. Asterios Satrazemis, who joined USS as CEO in 2019 and will continue to lead the company going forward, said the new inv...
Read moreDecember 20, 2021
Platinum Equity and Ball Corporation to Sell Ball Metalpack to Sonoco for $1.35 Billion
LOS ANGELES and WESTMINSTER, Colo., December 20, 2021 — Platinum Equity and Ball Corporation (NYSE:BLL) today announced the signing of a definitive agreement to sell Ball Metalpack to Sonoco (NYSE: SON) in a transaction valued at approximately $1.35 billion. Closing of the transaction is subject to satisfaction of customary closing conditions, including regulatory review, and is expected to be completed in the first quarter of 2022. Ball Metalpack, based in Broomfield, Colorado, manufactures sustainable steel containers for aerosol products, food, household consumables, pet food, nutritio...
Read moreDecember 07, 2021
Ingram Micro Acquires BRLink, Strengthening Its Partner Ecosystem with New Managed Services
Agreement expands the global distribution leader's cloud services portfolio, establishing Ingram Micro as the only Brazil distributor offering a complete migration to the cloud Irvine, California and São Paulo, Brazil – December 7, 2021. Ingram Micro announced today that it has completed the acquisition of BRLink, a leading managed services provider (MSP) in Brazil. Adding BRLink's suite of solutions gives Ingram Micro partners access to an even more complete portfolio of cloud services, as well as the opportunity to leverage BRLink's expertise in delivering a complete cloud journey. T...
Read moreDecember 01, 2021
Platinum Equity Completes Sale of Orbit Irrigation to Husqvarna Group
Successful Investment Adds to Momentum of Platinum Equity’s Small Cap Investment Platform LOS ANGELES (December 2, 2021) – Platinum Equity announced today that the previously announced sale of Orbit Irrigation to Husqvarna Group in a transaction valued at approximately $480 million has been completed. Orbit, based in Salt Lake City, Utah, has approximately 300 employees and generates over 95% of its revenues in North America. The Orbit product offering includes watering equipment sold through retail, garden centers, e-commerce and professional channels. In addition, the company's B-...
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