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May 31, 2006

Platinum Equity Acquires Metals Supply Company Ltd. As Add-On to Steel Services Platform PNA Group

Complementary Business Will Extend PNA’s Reach in North AmericaLOS ANGELES (June 7, 2006) – Platinum Equity announced today that it has acquired Metals Supply Co. Ltd. (“MSC”), a large regional steel service center and distributor with annual revenue in excess of $100 million. The business will be integrated with PNA Group, a $1.5 billion revenue steel service and distribution platform that was acquired by Platinum Equity in May 2006.“M... Read more

Complementary Business Will Extend PNA’s Reach in North AmericaLOS ANGELES (June 7, 2006) – Platinum Equity announced today that it has acquired M... Read more

Complementary Business Will Extend PNA’s Reach in North AmericaLOS ANGELES (June 7, 2006) – Platinum Equity annou. Read more

June 01, 2006

Platinum Equity Signs Definitive Agreement to Acquire Textron Fastening Systems

Acquisition Represents Extension of Platinum’s Global Reach; Unit Serves Customers in 150+ Countries, Has Revenue of Approximately $1.8 BillionLOS ANGELES (June 1, 2006) – Platinum Equity announced today that it has signed a definitive agreement to acquire Textron Fastening Systems, a premier global provider of fastening technologies and services to customers in a broad range of industries.The seller is Textron Inc. (NYSE: TXT), which announc... Read more

Acquisition Represents Extension of Platinum’s Global Reach; Unit Serves Customers in 150+ Countries, Has Revenue of Approximately $1.8 BillionLOS A... Read more

Acquisition Represents Extension of Platinum’s Global Reach; Unit Serves Customers in 150+ Countries, Has Revenue o. Read more

August 11, 2006

Platinum Equity Completes Acquisition of Textron Fastening Systems

LOS ANGELES (August 11, 2006) – Platinum Equity announced today that it has completed the acquisition of Textron Fastening Systems, a premier global provider of fastening technologies and services to customers in a broad range of industries. The seller was Textron Inc. (NYSE: TXT), which divested the $1.8 billion revenue unit as part of a strategic divestiture of non-core manufacturing businesses. “We appreciate Textron’s ... Read more

LOS ANGELES (August 11, 2006) – Platinum Equity announced today that it has completed the acquisition of Textron Fastening Systems, a ... Read more

LOS ANGELES (August 11, 2006) – Platinum Equity announced today that it has completed the acquisition. Read more

November 07, 2006

Platinum Equity Signs Definitive Agreement to Acquire Healthcare Services Unit from Cardinal Health

LOS ANGELES, CA (November 7, 2006) – Platinum Equity announced today it has signed a definitive agreement to acquire the Healthcare Marketing Services (HMS) unit of Cardinal Health (NYSE: CAH). Terms of the transaction, which is expected to close prior to the end of 2006, were not disclosed. HMS provides sales and marketing communications services and materials to the pharmaceutical and biotechnology industries. The company, which generated ... Read more

LOS ANGELES, CA (November 7, 2006) – Platinum Equity announced today it has signed a definitive agreement to acquire the Healthcare Marketing Servic... Read more

LOS ANGELES, CA (November 7, 2006) – Platinum Equity announced today it has signed a definitive agreement to acquir. Read more

January 10, 2007

Platinum Equity Appoints Maurice S. Nelson Jr. as Chief Executive Officer of PNA Group

LOS ANGELES (January 10, 2007) – Platinum Equity announced today that Maurice S. Nelson Jr. has been appointed as Chief Executive Officer of its portfolio company PNA Group, a premier processor and distributor of steel products to fabricators, manufacturers and distributors.PNA Group was acquired by Platinum Equity in May 2006, and then expanded via the add-on acquisition of Metals Supply Company a short time later. The business generates annua... Read more

LOS ANGELES (January 10, 2007) – Platinum Equity announced today that Maurice S. Nelson Jr. has been appointed as Chief Executive Officer of its por... Read more

LOS ANGELES (January 10, 2007) – Platinum Equity announced today that Maurice S. Nelson Jr. has been appointed as C. Read more

January 19, 2007

Platinum Equity Completes Acquisition of Healthcare Marketing Services Unit from Cardinal Health

LOS ANGELES, CA (January 19, 2007) – Platinum Equity announced today it has completed the acquisition of the Healthcare Marketing Services (HMS) unit of Cardinal Health (NYSE: CAH). Terms of the transaction, which was announced in November, were not disclosed. A transition is now underway to separate the business from Cardinal Health and establish it as a standalone company. The new company will be renamed, and details about t... Read more

LOS ANGELES, CA (January 19, 2007) – Platinum Equity announced today it has completed the acquisition of the Healthcare Marketing Serv... Read more

LOS ANGELES, CA (January 19, 2007) – Platinum Equity announced today it has completed the acquisition. Read more

January 31, 2007

Delphi Selects Platinum Equity as Lead Bidder in Sale of Steering and Halfshaft Business

TROY, Mich. – Delphi Corporation (PINKSHEETS: DPHIQ) announced today that it is working to finalize a Master Sale and Purchase Agreement with Platinum Equity regarding the sale of Delphi’s global steering and halfshaft business. Delphi announced in March 2006 that, while it recognized the steering business as strategic, it intended to explore a sale of the global steering business as part of its comprehensive transformation plan. According to... Read more

TROY, Mich. – Delphi Corporation (PINKSHEETS: DPHIQ) announced today that it is working to finalize a Master Sale and Purchase Agreement with Platin... Read more

TROY, Mich. – Delphi Corporation (PINKSHEETS: DPHIQ) announced today that it is working to finalize a Master Sale a. Read more

February 16, 2007

Weyerhaeuser to Sell Canadian and Certain U.S. Building Materials Distribution Assets

FEDERAL WAY, Wash. (February 16, 2007) – Weyerhaeuser Company (NYSE: WY) today reaffirmed its commitment to sharpen the focus of its portfolio by announcing its intent to sell its Canadian and select U.S. building materials distribution centers.“The sale of these distribution centers is part of our ongoing effort to sharpen the focus of our portfolio and enhance shareholder value,” said Lee T. Alford, senior vice president of residential wo... Read more

FEDERAL WAY, Wash. (February 16, 2007) – Weyerhaeuser Company (NYSE: WY) today reaffirmed its commitment to sharpen the focus of its portfolio by an... Read more

FEDERAL WAY, Wash. (February 16, 2007) – Weyerhaeuser Company (NYSE: WY) today reaffirmed its commitment to sharpen. Read more

March 29, 2007

Platinum Equity Completes Acquisition of Strategic Distribution, Inc.

LOS ANGELES--(BUSINESS WIRE)--Platinum Equity announced today that it has completed the acquisition of Strategic Distribution, Inc., which provides supply chain management solutions for industrial and institutional customers in the United States, Canada, and Mexico.The acquisition is a public-to-private transaction and Strategic Distribution Inc. has been delisted from the NASDAQ exchange, with each share of common stock converted into the right ... Read more

LOS ANGELES--(BUSINESS WIRE)--Platinum Equity announced today that it has completed the acquisition of Strategic Distribution, Inc., which provides su... Read more

LOS ANGELES--(BUSINESS WIRE)--Platinum Equity announced today that it has completed the acquisition of Strategic Dist. Read more

June 05, 2007

Platinum Equity Completes Weyerhaeuser Acquisition and Relaunches Business as Broadleaf Logistics Co

Platinum Equity Completes Weyerhaeuser Acquisition and Relaunches Business as Broadleaf Logistics CoLOS ANGELES (June 5, 2007) – Platinum Equity announced today that it has completed the acquisition of Weyerhaeuser Company’s wholesale products distribution centers in Canada and established the distribution business as a standalone company named Broadleaf Logistics Company.In conjunction with the acquisition, Platinum Equity announced that Pau... Read more

Platinum Equity Completes Weyerhaeuser Acquisition and Relaunches Business as Broadleaf Logistics CoLOS ANGELES (June 5, 2007) – Platinum Equity ann... Read more

Platinum Equity Completes Weyerhaeuser Acquisition and Relaunches Business as Broadleaf Logistics CoLOS ANGELES (June. Read more