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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October 24, 2016
Platinum Equity to Sell MACtac North American Business to LINTEC
LOS ANGELES (Oct. 24, 2016) – Platinum Equity announced today it has signed a definitive agreement to sell Mactac Americas, LLC, to LINTEC Corporation in a transaction valued at approximately $375 million. The sale is expected to be completed during Q4 2016. 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 ind...
Read moreSeptember 06, 2016
Platinum Equity Acquires Fabcon
LOS ANGELES (September 6, 2016) – Platinum Equity announced today it has acquired Fabcon, a manufacturer of precast, pre-stressed concrete wall panels for nonresidential construction applications, from affiliates of the company’s founders. Financial terms of the transaction were not disclosed. Fabcon is headquartered in Savage, Minn., and has four manufacturing facilities located in Kansas, Minnesota, Ohio and Pennsylvania. The company offers customers a comprehensive one-stop service offering that includes engineering, fabrication, erection and project management. “Fabcon has a...
Read moreAugust 22, 2016
Platinum Equity to Acquire Chinese Manufacturing Businesses from Broadway Industrial Group Limited
Investment Marks Platinum Equity’s Second Asian Headquartered Acquisition in Less Than 18 Months LOS ANGELES (Aug. 22, 2016) – Platinum Equity today announced it has signed a definitive agreement to acquire 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 d...
Read moreAugust 16, 2016
Platinum Equity Completes Sale of BWAY to Stone Canyon Industries
LOS ANGELES (August 16, 2016) – Platinum Equity announced today that the sale of BWAY Corp. to Stone Canyon Industries, LLC for $2.4 billion has been completed. BWAY is a North American manufacturer of rigid metal and plastic containers used to package industrial, bulk food and retail goods.Platinum Equity acquired BWAY in 2012. In January 2013 BWAY acquired Ropak, a complementary producer of rigid plastic containers.“BWAY is a fundamentally strong business that is poised for continued growth going forward,” said Platinum Equity Partner Louis Samson. “We are proud of everything BWAY ac...
Read moreAugust 10, 2016
Platinum Equity Completes Acquisition of Electro Rent
LOS ANGELES – August 10, 2016 – Platinum Equity announced today it has completed the acquisition of Electro Rent Corporation for approximately $382 million, which represents a purchase price of $15.50 per share of Electro Rent common stock. Electro Rent previously traded on the Nasdaq Global Select Market under the ticker symbol “ELRC.” After the close of the Nasdaq Global Select Market on August 10, 2016, trading of Electro Rent’s common stock ceased and the listing of Electro Rent’s common stock was suspended. The agreement followed the unanimous recommendation of Electro R...
Read moreAugust 02, 2016
Emerson Reaches Agreement to Sell Network Power for $4 Billion to Platinum Equity
Transaction is a significant step in the previously announced strategic portfolio repositioning; Cash proceeds strengthen balance sheet and provide increased financial flexibility ST. LOUIS, August 2, 2016 – Emerson (NYSE: EMR) today announced an agreement to sell Network Power to Platinum Equity and a group of co-investors. The transaction is valued at $4 billion and Emerson will retain a subordinated interest in Network Power. The sale of Network Power is expected to close by December 31, 2016, subject to customary regulatory approvals. “This agreement marks a major milestone in ...
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