February 25, 2019
Cincinnati, OHIO, February 25, 2019 - Multi-Color Corporation (NASDAQ: LABL) today announced that it has entered into a definitive merger agreement to be acquired by an affiliate of Platinum Equity LLC (“Platinum Equity”), a leading private equity firm. Under the terms of the agreement, which has been unanimously approved by Multi-Color Corporation’s Board of Directors, Multi-Color Corporation shareholders will receive $50.00 in cash for each share of common stock they own, in a transaction valued at $2.5 billion including the assumption of $1.5 billion of debt.
The cash purchase pr...
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February 06, 2019
Latest Acquisition Highlights Platinum Equity’s Commitment to Investing in the Lower Middle Market
LOS ANGELES AND SALT LAKE CITY (February 6, 2019) – Platinum Equity announced today the acquisition of Pro-Mark, the parent company of Orbit Irrigation and Hydro-Rain, from affiliates of the company’s founders. Financial terms were not disclosed.
Headquartered in Salt Lake City, Orbit is a leading provider of irrigation systems and related products for the residential home improvement markets. Hydro-Rain serves the professional market with a line of contractor-grade irrigation and li...
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January 07, 2019
LOS ANGELES (JANUARY 7, 2019) – Platinum Equity announced today that Pagani Holding III Limited ("Offeror"), an indirectly wholly-owned subsidiary of investment funds and entities affiliated with and advised by Platinum Equity, has signed a definitive agreement to acquire PCI Limited (“PCI”), a Singapore-listed electronics manufacturing services provider, for S$1.33 in cash per share. The transaction is subject to shareholder and regulatory approval and is expected to close in 2Q 2019.
PCI provides design, manufacturing, testing, and supply chain services to an expanding global custom...
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December 21, 2018
LOS ANGELES (Dec. 21, 2018) – Platinum Equity today announced it has completed the acquisition of Jostens from Newell Brands in a transaction valued at approximately $1.3 billion.
Jostens, based in Minneapolis, MN, is a trusted partner in the academic and achievement channel, providing products, programs and services that help its customers celebrate important moments. The company's products comprise yearbooks, publications, jewelry and consumer goods that serve the K-12 educational, college and professional sports segments.
“For more than a century, Jostens has helped people commemo...
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November 07, 2018
LOS ANGELES (Nov. 7, 2018) – Platinum Equity today announced it has signed a definitive agreement to acquire Jostens from Newell Brands in a transaction valued at approximately $1.3 billion. The acquisition is expected to be completed in the fourth quarter, subject to customary closing conditions, including regulatory approval.
Jostens, based in Minneapolis, MN, is a trusted partner in the academic and achievement channel, providing products, programs and services that help its customers celebrate important moments. The company's products comprise yearbooks, publications, jewelry and cons...
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