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KOHLER, Wis. – May 6, 2024 – Kohler Co. and Platinum Equity announced today the companies have closed the transaction to establish Kohler Energy as a separate, independent business. Platinum Equity is now the majority own...
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Custom Truck One Source Wins Capstone Real Estate Award
April 29, 2024
KANSAS CITY, Mo. - Custom Truck One Source, Inc. (NYSE: CTOS) was recently recognized with a Capstone Award by the Kansas City Business Journal for the Company’s $35 million renovation of a 220,000-square-foot warehouse l...
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Facility designed to manufacture electric, street-legal Club Car Urban unveiled in Georgia
April 25, 2024
APPLING, Ga. - With elected officials and area business leaders on hand, Club Car officially opened its new manufacturing facility recently with a ribbon-cutting ceremony. Club Car CEO Mark Wagner and Georgia Governor Brian ...
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July 01, 2020
Platinum Equity Expands Entertainment Portfolio with Acquisition of Deluxe Entertainment's Distribution Business
Firm recruits former CEO Cyril Drabinsky to return and lead business at a pivotal time for an industry disrupted by coronavirus crisisLOS ANGELES (July 1, 2020) – Platinum Equity today announced the acquisition of Deluxe Entertainment Services Inc.’s distribution business (“Deluxe”). Financial terms were not disclosed. Deluxe Entertainment’s creative businesses are not included in the acquisition.Former Deluxe CEO Cyril Drabinsky, who ... Read more
Firm recruits former CEO Cyril Drabinsky to return and lead business at a pivotal time for an industry disrupted by coronavirus crisisLOS ANGELES (Ju... Read more
Firm recruits former CEO Cyril Drabinsky to return and lead business at a pivotal time for an industry disrupted by . Read more
July 24, 2020
Aventiv Technologies Transformation Advancing With New Additions To Leadership Team
Company Has Now Added New Members to Senior Leadership Team From Outside Traditional Corrections Sector Aventiv Technologies continues to deliver on its promise to transform the company by bringing in individuals from outside of the traditional corrections space to broaden and diversify the perspective of its corporate leadership team. Over the past year, the company has hired seven new individuals to its executive team in addition to new presi... Read more
Company Has Now Added New Members to Senior Leadership Team From Outside Traditional Corrections Sector Aventiv Technologies continues to deliver on ... Read more
Company Has Now Added New Members to Senior Leadership Team From Outside Traditional Corrections Sector Aventiv Tech. Read more
July 24, 2020
Securus Technologies Debuts the JP6S, the Most Evolved Tablet Constructed to Improve the Wellbeing of Incarcerated Individuals
DALLAS, July 22, 2020 /PRNewswire/ -- Securus Technologies today unveiled the company's next generation tablet for use in correctional facilities, the JP6S. The JP6S is the industry's most evolved tablet specifically constructed to improve quality of life for incarcerated individuals and the device will be available beginning this month as an upgrade option for the more than 300,000 incarcerated individuals who currently access the indus... Read more
DALLAS, July 22, 2020 /PRNewswire/ -- Securus Technologies today unveiled the company's next generation tablet for use in correctional facilities, ... Read more
DALLAS, July 22, 2020 /PRNewswire/ -- Securus Technologies today unveiled the company's next generation tablet for. Read more
August 06, 2020
With B-hyve tech and Platinum Equity support, Orbit is ‘changing the way the world waters’
In April, the New York Times published a product review of 13 different smart sprinkler controllers, timely information with the country seeing a surge in do-it-yourself projects related to stay-at-home orders because of the COVID-19 pandemic.The controllers are designed to help customers from underground irrigation systems by monitoring local weather and soil conditions, improving landscapes and conserving water.The Times gave the B-hyve smart i... Read more
In April, the New York Times published a product review of 13 different smart sprinkler controllers, timely information with the country seeing a surg... Read more
In April, the New York Times published a product review of 13 different smart sprinkler controllers, timely informati. Read more
August 10, 2020
CEO: How public-private partnerships are ‘essential’ in the transformation of Aventiv/Securus
Dave Abel was using the phone on Sept. 11, 2001.Working for PricewaterhouseCoopers, he was discussing a business trip scheduled for the following day.While looking out his Arlington, Va., office window, he watched in horror as an American Airlines plane flew into the Pentagon.The evacuation order came, but before leaving, he looked out the window again and turned his glance downward.He saw a swarm of people walking across the Francis Scott Key Br... Read more
Dave Abel was using the phone on Sept. 11, 2001.Working for PricewaterhouseCoopers, he was discussing a business trip scheduled for the following day.... Read more
Dave Abel was using the phone on Sept. 11, 2001.Working for PricewaterhouseCoopers, he was discussing a business trip. Read more
August 10, 2020
Investing in What Matters: Aventiv Technologies Dedicates Additional Resources towards Expanding and Improving Relationships with Those That Mean the Most
Organization progresses on transformation with expanded priorities to address immediate needs for incarcerated individuals and their loved ones impacted by COVID-19 DALLAS, Aug. 10, 2020 -- Just six months since launching a transformation agenda under new CEO Dave Abel, Aventiv Technologies and its corrections-services subsidiary, Securus Technologies, today reported significant progress in accelerating an expansive, holistic reform of corpor... Read more
Organization progresses on transformation with expanded priorities to address immediate needs for incarcerated individuals and their loved ones impact... Read more
Organization progresses on transformation with expanded priorities to address immediate needs for incarcerated indivi. Read more
August 24, 2020
Platinum Equity CEO Tom Gores’ relationship with ESPN’s Jalen Rose vital to Detroit charter school’s educational mission
When the topic turns to the public charter school that bears his name, Jalen Rose becomes a preacher. The ESPN/ABC analyst, who starred at Michigan and played 13 seasons in the NBA, mimics a proud parent while advocating for the Jalen Rose Leadership Academy, which he co-founded in 2011. The passion is also apparent when he brings up JRLA benefactors like Platinum Equity chairman and CEO Tom Gores, who owns the NBA’s Detroit Pistons. “So m... Read more
When the topic turns to the public charter school that bears his name, Jalen Rose becomes a preacher. The ESPN/ABC analyst, who starred at Michigan a... Read more
When the topic turns to the public charter school that bears his name, Jalen Rose becomes a preacher. The ESPN/ABC a. Read more
September 02, 2020
Securus Technologies’ ‘Lantern’ shines brightly in helping 600 students earn degrees from Ashland University
DALLAS, Sept. 2, 2020 -- Securus Technologies today announces that its Lantern Program has helped 600 incarcerated students earn bachelors and associates degrees from its partner, Ashland University. Created in 2016, Lantern is a first-of-its-kind learning management system built specifically for corrections to provide incarcerated students access to digital education. It has grown to become the largest digital education program for the i... Read more
DALLAS, Sept. 2, 2020 -- Securus Technologies today announces that its Lantern Program has helped 600 incarcerated students earn bachelors and a... Read more
DALLAS, Sept. 2, 2020 -- Securus Technologies today announces that its Lantern Program has helped 600 incarcera. Read more
September 11, 2020
Update: Securus Technologies Reports More Than 50 Percent Reduction in Fees for Third-Party Transactions on Calling Accounts
Fees for 3rd party retail transactions reduced to $4.95 DALLAS, TEXAS–Aventiv Technologies and its corrections-services subsidiary Securus Technologies today announced that it has renegotiated pricing on third party vendor contracts. Consumers pay processing fees for cash deposits to fund telephone accounts by third party retail vendors such as Western Union and MoneyGram. These new prices result in a combined total cost reduction for con... Read more
Fees for 3rd party retail transactions reduced to $4.95 DALLAS, TEXAS–Aventiv Technologies and its corrections-services subsidiary Securus Technol... Read more
Fees for 3rd party retail transactions reduced to $4.95 DALLAS, TEXAS–Aventiv Technologies and its corrections-se. Read more
September 22, 2020
Statement from Platinum Equity: No intention to make an offer for AA plc (“AA”)
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") FOR IMMEDIATE RELEASE 23 September 2020 Statement from Platinum Equity: No intention to make an offer... Read more
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONST... Read more
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISD. Read more
