News

News
Filter By
Sort by: New | Old

March 04, 2022

Platinum Equity Portfolio Company L&R Distributors Acquires SJ Creations

LOS ANGELES and BROOKLYN (March 4, 2022) – Platinum Equity portfolio company L&R Distributors announced today the acquisition of SJ Creations (“SJ”) from the company’s founders.  Financial terms were not disclosed.Headquartered in Encinitas, California, SJ is a health, beauty and personal care products company focused on everyday and specialty bath, body and skin care products sold in major retailers under owned brands or private lab... Read more

LOS ANGELES and BROOKLYN (March 4, 2022) – Platinum Equity portfolio company L&R Distributors announced today the acquisition of SJ Creations (... Read more

LOS ANGELES and BROOKLYN (March 4, 2022) – Platinum Equity portfolio company L&R Distributors announced today t. Read more

February 28, 2022

How the Oregon Tool Disaster Response Team assists communities in removing tree debris following storms

When it made landfall last summer, Hurricane Ida downed trees throughout Louisiana, which created hazardous situations in an area accustomed to the dangers of violent storms. Shortly afterward dispatching a team of to assist relief efforts, Oregon Tool representatives received an e-mail from a Hammond, La., resident thanking the company’s Disaster Response Team for its chainsaw support after the Category 4 storm caused an estimated $18 bil... Read more

When it made landfall last summer, Hurricane Ida downed trees throughout Louisiana, which created hazardous situations in an area accustomed to the d... Read more

When it made landfall last summer, Hurricane Ida downed trees throughout Louisiana, which created hazardous situatio. Read more

February 17, 2022

Aventiv Technologies Formally Launches Independent Advisory Board of Experts and Advocates in Reentry, Rehabilitation, Education

DALLAS, February 17, 2022 -- Aventiv Technologies, the leading technology company empowering rehabilitative justice by pioneering the development and deployment of educational platforms as a rehabilitation tool for the incarcerated, today announced the formal launch of a Corporate Advisory Board to help fulfill its aggressive, multi-year commitments to transformation.The board comprises 11 leaders representing a diverse cross-section of consti... Read more

DALLAS, February 17, 2022 -- Aventiv Technologies, the leading technology company empowering rehabilitative justice by pioneering the development a... Read more

DALLAS, February 17, 2022 -- Aventiv Technologies, the leading technology company empowering rehabilitative justic. Read more

February 15, 2022

Sale of PAE to Amentum Completes Platinum Equity’s Exit of Mission-Critical Solutions Provider

Investment helped establish Platinum’s playbook in government services sector where firm seeks new opportunities to put capital to work LOS ANGELES (February 15, 2022) — Platinum Equity confirmed today that following the approximately $1.9 billion sale of PAE Incorporated to an affiliate of Amentum Government Services Holdings LLC that closed this morning, the firm has fully exited its investment in the government services provider that it ... Read more

Investment helped establish Platinum’s playbook in government services sector where firm seeks new opportunities to put capital to work LOS ANGELE... Read more

Investment helped establish Platinum’s playbook in government services sector where firm seeks new opportunities t. Read more

January 27, 2022

Platinum Equity and Ball Corporation Complete Sale of Ball Metalpack to Sonoco for $1.35 Billion

LOS ANGELES and WESTMINSTER, Colo., January 27, 2022 — Platinum Equity announced today that the sale of Ball Metalpack to Sonoco (NYSE: SON) in a transaction valued at approximately $1.35 billion has been completed. Ball Metalpack, based in Broomfield, Colorado, manufactures sustainable steel containers for aerosol products, food, household consumables, pet food, nutritional and other products in the United States. It was formed as a joint vent... Read more

LOS ANGELES and WESTMINSTER, Colo., January 27, 2022 — Platinum Equity announced today that the sale of Ball Metalpack to Sonoco (NYSE: SON) in a tr... Read more

LOS ANGELES and WESTMINSTER, Colo., January 27, 2022 — Platinum Equity announced today that the sale of Ball Metalp. Read more

January 24, 2022

Platinum Equity to Acquire Leaders Romans Group

Acquisition of UK Property Services Business Adds to Global Buyout Firm’s Momentum in EuropeLOS 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, inc... Read more

Acquisition of UK Property Services Business Adds to Global Buyout Firm’s Momentum in EuropeLOS ANGELES (January 24, 2022) – Platinum Equity anno... Read more

Acquisition of UK Property Services Business Adds to Global Buyout Firm’s Momentum in EuropeLOS ANGELES (January 2. Read more

January 24, 2022

Platinum Equity lands largest deals in firm history to highlight bustling 2021

Platinum produces landmark year featuring 17 deals valued at more than $1 billion each, with investments in familiar sectors, industry leaders and familiar brands1The distribution of vaccines and other medical advances brought hope, but COVID-19 still dominated global headlines throughout 2021. However, the M&A markets easily surpassed pre-pandemic levels and reached all-time highs.Under that backdrop, Platinum Equity delivered a landmark yea... Read more

Platinum produces landmark year featuring 17 deals valued at more than $1 billion each, with investments in familiar sectors, industry leaders and fam... Read more

Platinum produces landmark year featuring 17 deals valued at more than $1 billion each, with investments in familiar . Read more

January 10, 2022

Pelican Products brings strong brand loyalty, new sector to Platinum Equity portfolio

In Q&A, firm executives explain opportunities for growth with Pelican’s durable, well-received protective casesIn a recent Forbes article, the rugged Pelican Cargo Case Collection was named one of the top accessories from the 2021 Overland Expo Mountain West show.The review was complimentary of Pelican cargo cases, which are inspired by the company’s military cases and are tailored to the overlanding crowd. Designed to securely mount and ... Read more

In Q&A, firm executives explain opportunities for growth with Pelican’s durable, well-received protective casesIn a recent Forbes article, the r... Read more

In Q&A, firm executives explain opportunities for growth with Pelican’s durable, well-received protective cases. Read more

December 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 Produ... Read more

LOS ANGELES (December 31, 2021) – Platinum Equity announced today that the acquisition of Pelican Products has been completed. Pelican is a global l... Read more

LOS ANGELES (December 31, 2021) – Platinum Equity announced today that the acquisition of Pelican Products has been. Read more

December 20, 2021

Why Solenis, Sigura Water $6.5 billion merger is a good fit for Platinum Equity

Platinum Equity executives explain the path forward after $5.25 billion investment in Solenis Solenis is an industrial water treatment company with a global footprint that spans 120 countries and five continents with more than 40 manufacturing facilities and 5,200 employees.Solenis also produces needed ESG solutions.“Global demand for solutions that save water, use less energy, eliminate waste, and convert everyday products to more sustainable... Read more

Platinum Equity executives explain the path forward after $5.25 billion investment in Solenis Solenis is an industrial water treatment company with a... Read more

Platinum Equity executives explain the path forward after $5.25 billion investment in Solenis Solenis is an industri. Read more