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September 04, 2023

How $35M renewal of Alabama refractory plant is a ‘remarkable’ story for HarbisonWalker

FAIRFIELD, Ala. – The shuttered plant was in rough shape. During a 2021 visit to check the condition of the idled plant, which once manufactured refractory products used for aluminum production, HarbisonWalker International representatives Kevin Ballard and Jason West came upon a scene where Mother Nature was winning. Ballard, vice president of operations and engineering, recalled the visit in June. “Weeds were high, and some pigeons had foun... Read more

FAIRFIELD, Ala. – The shuttered plant was in rough shape. During a 2021 visit to check the condition of the idled plant, which once manufactured ref... Read more

FAIRFIELD, Ala. – The shuttered plant was in rough shape. During a 2021 visit to check the condition of the idled p. Read more

August 31, 2023

Michigan announces Cabinetworks Group adding 110 jobs, relocating corporate headquarters to Detroit suburb

Michigan officials announced recently that Cabinetworks Group will add 110 corporate and professional services jobs while moving its headquarters from Ann Arbor, Mich., to a nearby Detroit suburb.Gov. Gretchen Whitmer and the Michigan Economic Development Corporation said the cabinet manufacturer plans to “centralize corporate functions to better serve its customer base and to attract and retain talent by relocating to a Livonia, Mich., facilit... Read more

Michigan officials announced recently that Cabinetworks Group will add 110 corporate and professional services jobs while moving its headquarters from... Read more

Michigan officials announced recently that Cabinetworks Group will add 110 corporate and professional services jobs w. Read more

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 marketsWILMINGTON, 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 and ... Read more

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

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