News

News
Filter By
Sort by: New | Old

August 29, 2023

Unical Aviation CEO Sharon Green: How focus on operations, efficiency, has fueled growth at aftermarket aircraft parts supplier

Sharon Green was on the General Electric Co. transition team following the sale of GE Capital Aviation Services to Irish aircraft leasing giant Aercap, a deal worth $30 billion.As the transition period was winding down, Green received several calls from a headhunter representing Platinum Equity. It was seeking an experienced executive to run Unical Aviation, which Platinum Equity acquired in July 2021. The Small Cap investment team led the acquis... Read more

Sharon Green was on the General Electric Co. transition team following the sale of GE Capital Aviation Services to Irish aircraft leasing giant Aercap... Read more

Sharon Green was on the General Electric Co. transition team following the sale of GE Capital Aviation Services to Ir. Read more

August 17, 2023

Why Jalen Rose appreciates Tom Gores’, Platinum Equity’s decade-long support of JRLA annual golf outing fundraiser

DETROIT – Earlier this summer, Jalen Rose walked the hallways with students at the school that bears his name as the youths shared goals and aspirations for the upcoming school year. The visit to the Jalen Rose Leadership Academy came roughly a month after Rose presided over graduation ceremonies for the school’s ninth senior class. Before his session with students, Rose, who starred as a point guard at now-closed Detroit Southwestern ... Read more

DETROIT – Earlier this summer, Jalen Rose walked the hallways with students at the school that bears his name as the youths shared goals and aspira... Read more

DETROIT – Earlier this summer, Jalen Rose walked the hallways with students at the school that bears his name as t. Read more

August 15, 2023

Platinum Equity’s Credit Team Provides Term Loan to RELAM to Support Company’s Growth

LOS ANGELES, Aug. 15, 2023 — Platinum Equity announced today it provided a Second-Lien Term Loan (“Term Loan”) to Railway Equipment Leasing and Maintenance Inc. (“RELAM”) to refinance existing indebtedness and support future growth of the business. RELAM is a well-known provider of specialty rental equipment for recurring, regulatory-driven maintenance-of-way (“MOW”) work on railroads, serving the industry’s largest operators a... Read more

LOS ANGELES, Aug. 15, 2023 — Platinum Equity announced today it provided a Second-Lien Term Loan (“Term Loan”) to Railway Equipment Leasing and ... Read more

LOS ANGELES, Aug. 15, 2023 — Platinum Equity announced today it provided a Second-Lien Term Loan (“Term Loan”) . Read more

August 03, 2023

Platinum Equity Completes Acquisition of Horticultural Container Manufacturer HC Companies

LOS ANGELES, August 3, 2023 — Platinum Equity announced today that the acquisition of The HC Companies, a leading North American manufacturer of horticultural containers, has been completed. Financial terms were not disclosed. Headquartered in Twinsburg, Ohio, HC operates six manufacturing locations and distribution centers in the US and Canada. The company produces a wide range of planters, pots, and accessories for the greenhouse, nursery ... Read more

LOS ANGELES, August 3, 2023 — Platinum Equity announced today that the acquisition of The HC Companies, a leading North American manufacturer of hor... Read more

LOS ANGELES, August 3, 2023 — Platinum Equity announced today that the acquisition of The HC Companies, a leading N. Read more

July 25, 2023

Platinum Equity Credit Team Announces Financing to Support Acquisition of Tom Barrow Company

LOS ANGELES, July 25, 2023 — Platinum Equity announced today it provided an unsecured term loan to the Tom Barrow Company in connection with Ardian’s recent acquisition of a majority stake in the business. Tom Barrow is a leading supplier of design-assist engineering and manufacturers’ representation services to the commercial HVAC industry across healthcare, life sciences, education, government, industrial and other commercial end marke... Read more

... Read more

LOS ANGELES, July 25, 2023 — Platinum Equity announced today it provided an unsecured term loan to the Tom Barrow C. Read more

July 17, 2023

Platinum Equity to Acquire Horticultural Container Manufacturer HC Companies

LOS ANGELES, July 17, 2023 — Platinum Equity announced today the signing of a definitive agreement to acquire The HC Companies, a leading North American manufacturer of horticultural containers. Financial terms were not disclosed. The transaction is expected to close in the next several weeks, subject to certain closing conditions. Headquartered in Twinsburg, Ohio, HC operates six manufacturing locations and distribution centers in the US... Read more

LOS ANGELES, July 17, 2023 — Platinum Equity announced today the signing of a definitive agreement to acquire The HC Companies, a leading North Amer... Read more

LOS ANGELES, July 17, 2023 — Platinum Equity announced today the signing of a definitive agreement to acquire The H. Read more

July 06, 2023

Platinum Equity, Solenis executives: Diversey merger creates broader, more global platform

Announced earlier this year, Solenis has formally acquired Diversey in an all-cash transaction valued at $4.6 billion. Headquartered in Wilmington, Del., Solenis is a global manufacturer of specialty chemicals used in water-intensive industries. Platinum Equity acquired Solenis in 2021. Diversey is a global provider of hygiene, infection prevention and cleaning solutions based in Fort Mill, S.C. Diversey distributes familiar brands like Lys... Read more

Announced earlier this year, Solenis has formally acquired Diversey in an all-cash transaction valued at $4.6 billion. Headquartered in Wilmington,... Read more

Announced earlier this year, Solenis has formally acquired Diversey in an all-cash transaction valued at $4.6 billion. Read more

July 05, 2023

Solenis Completes Acquisition of Diversey for $4.6 Billion

Deal combines two industry leaders in adjacent but highly complementary markets WILMINGTON, Del. (USA) — Solenis, a leading manufacturer of specialty chemicals used in water-intensive industries, has completed its previously announced acquisition of Diversey Holdings, Ltd., effective July 5, in an all-cash transaction valued at an enterprise value of approximately $4.6 billion. Diversey is a leading provider of hygiene, infection prevention ... Read more

Deal combines two industry leaders in adjacent but highly complementary markets WILMINGTON, Del. (USA) — Solenis, a leading manufacturer of speci... Read more

Deal combines two industry leaders in adjacent but highly complementary markets WILMINGTON, Del. (USA) — Solenis. Read more

July 02, 2023

Platinum Equity Acquires JELD-WEN Australasia Windows and Doors Business

LOS ANGELES, July 2, 2023 — Platinum Equity announced today that the acquisition of the JELD-WEN Australasia windows, doors and related building products business from JELD-WEN Holding, Inc. for approximately $461 million has been completed. “We are pleased to have provided a divestiture solution to JELD-WEN as the company continues to streamline and simplify its business,” said Platinum Equity Co-President Louis Samson. “Platinum has ... Read more

LOS ANGELES, July 2, 2023 — Platinum Equity announced today that the acquisition of the JELD-WEN Australasia windows, doors and related building pro... Read more

LOS ANGELES, July 2, 2023 — Platinum Equity announced today that the acquisition of the JELD-WEN Australasia window. Read more

June 21, 2023

How Club Car is assisting Georgia-based charities through annual sponsorship of Korn Ferry Tour event

At 32, Ironman triathlete Molly Barker’s struggles with alcohol abuse and addiction inspired her to start a Charlotte, N.C.-based program to help young girls navigate life experiences. Since then, Girls on the Run has grown into a national program impacting more than two million girls. Girls on the Run Coastal Georgia is one of Club Car’s charitable partners benefiting from the golf cart and utility vehicle manufacturer’s annual sponsorsh... Read more

At 32, Ironman triathlete Molly Barker’s struggles with alcohol abuse and addiction inspired her to start a Charlotte, N.C.-based program to help y... Read more

At 32, Ironman triathlete Molly Barker’s struggles with alcohol abuse and addiction inspired her to start a Charlo. Read more