Platinum Equity to Invest in Grand Appliance
Leading Midwest appliance distributor to join forces with Platinum-backed R&B Wholesale Distributors LOS ANGELES (Jul...
News
Latest News
June 29, 2021
Centerfield Acquires Leading Digital Marketing Solution for Insurance Industry, Datalot
LOS ANGELES – Jun. 29, 2021 – Centerfield, a premier technology service for digital customer acquisition, today announced the signing of a definitive agreement to acquire Datalot, a leading digital marketing solution for auto, home, health and Medicare insurance companies, from an investment fund affiliated with Lightyear Capital. Centerfield’s digital brands and industry leading platform, Dugout, engage in-market consumers and automate end-to-end customer acquisition for leading brands in home services, business services, e-commerce, senior services and many other categories. With ...
Read moreJune 23, 2021
Platinum Equity to Sell JM Swank to Brenntag
LOS ANGELES (June 23, 2021) – Platinum Equity announced today the signing of a definitive agreement to sell food ingredients distributor JM Swank to Brenntag. JM Swank, headquartered in North Liberty, Iowa, offers a highly diversified product portfolio of food ingredients, including spices, dairy, grain, sweeteners, fats & oils, texturants, flavors & colors, starches, cocoa, and inclusions through a broad supplier base. The company generated sales of approximately $500 million in 2020 and is the only national food ingredient distributor with a fleet delivering nationwide. Plati...
Read moreJune 17, 2021
Awaze to Sell Landal GreenParks to Roompot
Platinum Equity portfolio company divests standalone parks unit, will continue to invest in growing core vacation rentals business LONDON – 17 JUNE 2021 – Awaze, Europe’s leading managed vacation rentals group, announced today the signing of a definitive agreement to sell its Landal GreenParks unit to Roompot. Landal GreenParks is a fully integrated holiday parks owner, operator and exclusive franchisor in continental Europe, with a portfolio that includes approximately 100 holiday parks in Belgium, Denmark, Germany, Great-Britain, Hungary, the Netherlands, Austria, Czech Republic...
Read moreJune 15, 2021
Platinum Equity to Acquire McGraw Hill from Apollo Funds for $4.5 Billion
Los Angeles and New York (June 15, 2021) – Platinum Equity announced today that it has entered into a definitive agreement to acquire McGraw Hill, a global leader in educational content and digital platforms, from funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) for a purchase price of approximately $4.5 billion. Founded in 1888, McGraw Hill provides outcome-focused learning solutions to millions of students globally, delivering both curated content and digital learning tools and ...
Read moreJune 10, 2021
Platinum Equity to Acquire Global Sewing Machine Manufacturer SVP Worldwide
LOS ANGELES (June 10, 2021) – Platinum Equity announced today a definitive agreement to acquire a controlling stake in SVP-Singer Holdings, Inc. and its wholly owned subsidiaries (“SVP Worldwide”), the world’s largest consumer sewing machine company. Existing shareholders and management have retained a meaningful equity interest. Financial terms were not disclosed. The transaction is expected to be completed during the third quarter of 2021. SVP Worldwide accounts for more than one out of three consumer sewing machines sold worldwide through three iconic brands: SINGER®, VIKING®, ...
Read moreJune 06, 2021
Platinum Equity to Acquire Global Environmental Services Business Urbaser from China Tianying for $4.2 Billion
Acquisition of Madrid-Based Integrated Waste Management Company Adds to Global Buyout Firm’s Momentum in Europe LOS ANGELES and MADRID (June 6, 2021) – Platinum Equity today announced that it has entered into a definitive agreement to acquire Urbaser, one of the world’s largest providers of environmental services, from China Tianying Inc. for an enterprise value of approximately $4.2 billion (€3.5 billion). The sale is expected to be completed during the third quarter of 2021, subject to China Tianying shareholder and customary regulatory approvals. Urbaser is a leading global e...
Read more
Post 
In 
Email 
Copy link