Platinum Equity Completes Capital Raising for Second Lower Middle Market Fund
LOS ANGELES (Sept. 5, 2025) – Platinum Equity confirmed today the recent completion of capital raising for Platinum Eq...
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December 30, 2016
Platinum Equity Completes Acquisition of Chinese Manufacturing Businesses from Broadway Industrial Group Limited
LOS ANGELES (Dec. 30, 2016) – Platinum Equity today announced it has completed the acquisition of the Foam Plastic Solutions (“FPS”) and Flow Control Devices (“FCD”) businesses of Broadway Industrial Group Limited. FPS is a leading supplier of protective packaging, insulation and component products to the consumer electronics, automotive, medical and other end-markets. FCD supplies high-performance parts such as valves, fittings, sensors, and related components used in diverse end-applications. Platinum Equity is a Los Angeles-based global private equity firm focused on acquiri...
Read moreDecember 02, 2016
Platinum Equity Completes Sale Of Mactac North American Business To LINTEC
LOS ANGELES (Dec. 2, 2016) – Platinum Equity announced today it has completed the sale of Mactac Americas, LLC, to LINTEC Corporation in a transaction valued at approximately $375 million. LINTEC, headquartered in Tokyo, is a manufacturer of adhesive-related products with operations in 15 countries around the world. Mactac, headquartered in Ohio, is a manufacturer and distributor of pressure sensitive labels with operations in the United States, Canada and Mexico. The company’s products are used in a wide range of industries including label printing, graphic design, packagin...
Read moreDecember 01, 2016
Emerson Completes Sale of Network Power to Platinum Equity
Emerson Completes Sale of Network Power to Platinum Equity Transaction closing marks another milestone in the strategic portfolio repositioning process ST. LOUIS, December 1, 2016 – Emerson (NYSE: EMR) today announced that it has completed the sale of its Network Power business to Platinum Equity and a group of co-investors. Emerson received proceeds of $4 billion and retained a subordinated interest in the business. “The completion of this transaction is an important step in our strategic portfolio repositioning as we work to streamline the company and create opportunities...
Read moreDecember 01, 2016
Emerson Network Power Rebrands As Vertiv, Appoints New CEO
Veteran technology executive Rob Johnson to lead new standalone company following sale to Platinum Equity New era begins focused on speed, technology innovation and growth, with added flexibility to serve expanding markets for cloud computing, mobile networking Columbus, Ohio – (Nov. 30, 2016) – The business now formerly known as Emerson Network Power today announced the appointment of Rob Johnson as CEO and officially commenced a campaign to rebrand the standalone company as Vertiv. Vertiv is a global provider of mission-critical infrastructure technologies for vital applications...
Read moreNovember 16, 2016
Electro Rent Corporation to Acquire Microlease
Combination will create a premier global platform in the electronic test and measurement services industry LOS ANGELES / LONDON – 16 November 2016 – Electro Rent Corporation today announced it entered into an agreement to acquire Microlease from Lloyds Development Capital. The transaction is expected to close during Q1 2017. Financial terms were not disclosed. Microlease CEO Nigel Brown said the combination will create a premier platform with a global footprint. “Both companies are leaders in testing and measurement equipment rental, sales, and asset management services,” ...
Read moreOctober 24, 2016
International Textile Group Acquired By Platinum Equity
October 24, 2016, Greensboro, NC – International Textile Group, Inc. (ITG or the Company) announced today that it has been acquired by Platinum Equity through a completed merger with an affiliate of Platinum Equity. In the merger transaction, a newly formed Platinum Equity affiliate merged with and into ITG, with ITG continuing as the surviving corporation and as a privately-held Platinum Equity portfolio company. ITG’s common stock has ceased to be publicly traded, and former ITG stockholders will receive information from Continental Stock Transfer & Trust Company, the paying agent i...
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