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By offering a creative financing solution for the combined consideration of $1.2B and by negotiating advantageous contractual terms, Platinum navigated a challenging M&A market to create a platform poised for additional g...
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How $35M renewal of Alabama refractory plant is a ‘remarkable’ story for HarbisonWalker
September 04, 2023
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...
Latest Article
Michigan announces Cabinetworks Group adding 110 jobs, relocating corporate headquarters to Detroit suburb
August 31, 2023
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...
March 28, 2023
How Jostens is assisting Tunnel to Towers in helping first responders, military veterans
On 9/11, firefighter Stephen Gerard Siller was on his way to play golf when he heard the news a plane hit the North Tower of the World Trade Center. Siller immediately drove his truck to the entrance of the Brooklyn Battery Tunnel. He strapped 60 pounds of gear to his back and raced almost two miles to the site, where the married father of five eventually lost his life. To honor the sacrifice of Siller, other first responders and militar... Read more
On 9/11, firefighter Stephen Gerard Siller was on his way to play golf when he heard the news a plane hit the North Tower of the World Trade Center. ... Read more
On 9/11, firefighter Stephen Gerard Siller was on his way to play golf when he heard the news a plane hit the North T. Read more
March 08, 2023
Diversey to be Acquired by Solenis for $4.6 Billion
Diversey Public Shareholders to Receive $8.40 Per Share in Cash in “Go Private” TransactionCombined company will allow for expanded markets and additional sustainable solutionsWILMINGTON, Del. and FORT MILL, S.C. – March 8, 2023 - Solenis (“Solenis”) and Diversey Holdings, Ltd. (“Diversey” or the “Company”) (NASDAQ: DSEY) today announced they have entered into a definitive merger agreement under which Solenis will acquire Divers... Read more
Diversey Public Shareholders to Receive $8.40 Per Share in Cash in “Go Private” TransactionCombined company will allow for expanded markets and ad... Read more
Diversey Public Shareholders to Receive $8.40 Per Share in Cash in “Go Private” TransactionCombined company will . Read more
March 02, 2023
Jacob Kotzubei and Louis Samson Appointed Co-Presidents of Platinum Equity
LOS ANGELES (March 2, 2023) – Platinum Equity announced today that veteran dealmakers Jacob Kotzubei and Louis Samson have been appointed co-presidents of the global investment firm. The two will continue to report to Platinum’s Founder and CEO Tom Gores.Mr. Kotzubei and Mr. Samson, each with more than 25 years of M&A experience, are currently partners and members of the firm’s investment committee. Mr. Gores said their elevation would ... Read more
LOS ANGELES (March 2, 2023) – Platinum Equity announced today that veteran dealmakers Jacob Kotzubei and Louis Samson have been appointed co-preside... Read more
LOS ANGELES (March 2, 2023) – Platinum Equity announced today that veteran dealmakers Jacob Kotzubei and Louis Sams. Read more
February 21, 2023
Platinum Equity Announces Completion of HarbisonWalker International Acquisition
HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and expanded reachLOS ANGELES (February 20, 2023) – Platinum Equity announced today that the previously announced acquisition of HarbisonWalker International (HWI) by way of a merger agreement, has been completed. HWI is a supplier of refractory products and services in North America.Financial terms were not disclosed.In January, Plat... Read more
HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and expanded reachLOS ANGELES (Februar... Read more
HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and e. Read more
January 31, 2023
Platinum Equity Completes Acquisition of High Temperature Solutions Business from Imerys for €930 Million
HTS to operate under Calderys brand and combine with pending Platinum acquisition HarbisonWalker International to create a global refractories provider with a comprehensive product portfolio and expanded reachLOS ANGELES and PARIS (January 31, 2023) – Platinum Equity today announced that the acquisition of Imerys SA’s High Temperature Solutions business (HTS) in a transaction valued at approximately €930 million has been completed.The com... Read more
HTS to operate under Calderys brand and combine with pending Platinum acquisition HarbisonWalker International to create a global refractories provid... Read more
HTS to operate under Calderys brand and combine with pending Platinum acquisition HarbisonWalker International to cr. Read more
January 31, 2023
Year In Review: Platinum Equity marks an impactful 2022 with new platforms, 61 add-ons, ESG strides and philanthropic outreach
After a record-breaking 2021 for M&A, deal activity slowed globally in 2022. The reasons for the slowdown are well-reported, but it was still a landmark year for Platinum Equity and its portfolio companies. There were transactions in Europe, a result of Platinum Equity’s commitment to the continent. There were significant exits. There was another example of the value Platinum Equity can provide to founder-owned businesses. The firm... Read more
After a record-breaking 2021 for M&A, deal activity slowed globally in 2022. The reasons for the slowdown are well-reported, but it was still a... Read more
After a record-breaking 2021 for M&A, deal activity slowed globally in 2022. The reasons for the slowdown are . Read more
January 04, 2023
Aventiv leadership tells Axios-sponsored panel discussion that access to technology can reduce recidivism
Aventiv Technologies CEO Dave Abel and advisory board chairwoman Teresa Hodge told Axios that access to technology can help reduce recidivism and improve outcomes for the incarcerated community.The two Aventiv representatives took part in an Axios-sponsored panel discussion for an online audience of policy makers.Abel, who was appointed CEO in 2020, said: “Aventiv is entirely focused on using technology to break this (recidivism) cycle. …. Ma... Read more
Aventiv Technologies CEO Dave Abel and advisory board chairwoman Teresa Hodge told Axios that access to technology can help reduce recidivism and impr... Read more
Aventiv Technologies CEO Dave Abel and advisory board chairwoman Teresa Hodge told Axios that access to technology ca. Read more
December 29, 2022
Statement From Aventiv Technologies on the Martha Wright-Reed Just and Reasonable Communications Act of 2022
“We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded legislators and regulators. Instead, we have adopted a more collaborative approach that balances the needs of the incarcerated individuals and their families who use and pay for our services, and the corrections agencies that contract for them. “In stark contrast with many other providers of inmate communications services, we a... Read more
“We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded legislators and regulators. Instead,... Read more
“We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded leg. Read more
December 21, 2022
Aventiv Technologies Welcomes Agreement with New York AG Office
Dallas, TX – Aventiv Technologies today issued the following statement in support of its subsidiary company JPay, LLC’s agreement with the State of New York Attorney General’s office to provide free stamps to JPay consumers incarcerated at NYSDOCCS and pay a one-time $50,000.00 fine associated with customer service complaints regarding the operability of older generation media tablets at correctional facilities in New York State. “We... Read more
Dallas, TX – Aventiv Technologies today issued the following statement in support of its subsidiary company JPay, LLC’s agreement with the State... Read more
Dallas, TX – Aventiv Technologies today issued the following statement in support of its subsidiary company JPay,. Read more
December 14, 2022
Platinum Equity to Acquire HarbisonWalker International
HWI to join forces with Imerys SA’s High Temperature Solutions business, creating a global refractories provider with a comprehensive product portfolio and expanded reachLOS ANGELES (December 14, 2022) – Platinum Equity announced today the signing of a definitive merger agreement to acquire HarbisonWalker International (HWI), a supplier of refractory products and services in North America.Financial terms were not disclosed. The transaction is... Read more
HWI to join forces with Imerys SA’s High Temperature Solutions business, creating a global refractories provider with a comprehensive product portfo... Read more
HWI to join forces with Imerys SA’s High Temperature Solutions business, creating a global refractories provider wi. Read more
