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September 28, 2020

How Platinum Equity’s Small Cap team has put experience and capital to work during COVID-19 crisis

Theater goers have not exactly flocked back to movie houses in the U.S.A slow stream of new releases began in August. The month of September saw the release of Tenet, a planned summer blockbuster from noted director Christopher Nolan. The viewing public’s response was underwhelming. After months of COVID-19 forced closures, Tenet failed to earn $30 million in its first two weeks in theaters.Although theaters are still closed in the two largest ... Read more

Theater goers have not exactly flocked back to movie houses in the U.S.A slow stream of new releases began in August. The month of September saw the r... Read more

Theater goers have not exactly flocked back to movie houses in the U.S.A slow stream of new releases began in August.. Read more

September 29, 2020

Securus Technologies’ Unity Platform is the latest investment in the incarcerated community

The organization combined the best elements of classic JPay and Securus platforms to provide one, comprehensive software program that can integrate into any correctional facility. DALLAS, Sept. 29, 2020 -- Securus Technologies today introduced the organization's newest digital offering to the corrections industry, the Securus Unity Platform. As the pioneers of tablet technology, Securus leveraged the organization's nearly ten-years of tablet ... Read more

The organization combined the best elements of classic JPay and Securus platforms to provide one, comprehensive software program that can integrate in... Read more

The organization combined the best elements of classic JPay and Securus platforms to provide one, comprehensive softw. Read more

October 02, 2020

How Tom Gores’ call for change has assisted Detroit Pistons’ community involvement

In response to summer’s civil unrest, NBA franchise has been at the forefront of voting galvanization efforts in Detroit With the COVID-19 crisis still ongoing, voters need safe options for the upcoming election. The Detroit Pistons continue to assist those efforts. Last month, on the first day of early voting in Michigan, Secretary of State Jocelyn Benson, Detroit City Clerk Janice Winfrey and Pistons vice chairman Arn Tellem unveiled a vot... Read more

In response to summer’s civil unrest, NBA franchise has been at the forefront of voting galvanization efforts in Detroit With the COVID-19 crisis s... Read more

In response to summer’s civil unrest, NBA franchise has been at the forefront of voting galvanization efforts in De. Read more

October 05, 2020

Securus Technologies Supports the American Cancer Society through the Company's eCard Program during October for Breast Cancer Awareness Month

DALLAS, Oct. 5, 2020 -- Securus Technologies is proud to announce the company will be donating fifty percent of proceeds from the company's "Fight Against Breast Cancer" suite of eCards to the American Cancer Society (ACS) to help in the fight against a disease that takes thousands of lives each year.  According to cancer.org, breast cancer death rates in the U.S. are higher than those for women than any other cancer, besides lung cancer.  D... Read more

DALLAS, Oct. 5, 2020 -- Securus Technologies is proud to announce the company will be donating fifty percent of proceeds from the company's "Fight ... Read more

DALLAS, Oct. 5, 2020 -- Securus Technologies is proud to announce the company will be donating fifty percent of pr. Read more

October 07, 2020

How PCI brought needed tech solution to market in Singapore’s COVID-19 fight

The Singapore government made a significant announcement last month.To bring widespread contact tracing to the city-state in southeast Asia, TraceTogether tokens, which use Bluetooth technology, were distributed nationwide.The goal is to achieve 60-70% population adoption of the TraceTogether program, which comprises a smartphone app and the token, by the end of the year as the country moves slowly to ease measures aimed to mitigate the spread of... Read more

The Singapore government made a significant announcement last month.To bring widespread contact tracing to the city-state in southeast Asia, TraceToge... Read more

The Singapore government made a significant announcement last month.To bring widespread contact tracing to the city-s. Read more

October 08, 2020

Leading From the Front

Oct. 8, 2020Mr. Michael GovanLos Angeles County Museum of Art5905 Wilshire Blvd.Los Angeles, CA 90036Dear Michael and Trustees,Thank you for your time and dialogue last week in speaking to the important issues of social justice, racial justice and criminal justice reform as it relates to the board’s service on behalf of the museum.I was happy to answer questions about Platinum Equity’s investment in Securus Technologies, and to detail our com... Read more

Oct. 8, 2020Mr. Michael GovanLos Angeles County Museum of Art5905 Wilshire Blvd.Los Angeles, CA 90036Dear Michael and Trustees,Thank you for your time... Read more

Oct. 8, 2020Mr. Michael GovanLos Angeles County Museum of Art5905 Wilshire Blvd.Los Angeles, CA 90036Dear Michael and. Read more

November 11, 2020

Update: Securus reports ‘significant’ progress with transformation agenda

Securus reduced phone rates, provided 50% customer savings, and introduced new tablet software and a pre-paid card with discounted payment services as part of their commitment to actionable reform. DALLAS, TEXAS– Aventiv Technologies and its corrections-services subsidiary Securus Technologies, today reported progress made toward comprehensive, transformation commitments announced in mid-January to make the company’s products and... Read more

Securus reduced phone rates, provided 50% customer savings, and introduced new tablet software and a pre-paid card with discounted payment services ... Read more

Securus reduced phone rates, provided 50% customer savings, and introduced new tablet software and a pre-paid card . Read more

November 13, 2020

Platinum Equity to Sell PrimeSource to Clearlake Capital Group

Global Distributor of Specialty Building Materials will Serve as Clearlake’s Latest Platform for Organic Growth and Add-on Acquisitions in the Specialty Distribution SectorLOS ANGELES, CA, SANTA MONICA, CA AND IRVING, TX (November 13, 2020) – Platinum Equity announced today the signing of a definitive agreement to sell PriSo Holding Corporation (“PrimeSource”, or the “Company”) to Clearlake Capital Group, L.P. (together with affiliat... Read more

Global Distributor of Specialty Building Materials will Serve as Clearlake’s Latest Platform for Organic Growth and Add-on Acquisitions in the Spec... Read more

Global Distributor of Specialty Building Materials will Serve as Clearlake’s Latest Platform for Organic Growth and. Read more

December 03, 2020

Nesco Holdings to Acquire Custom Truck One Source and Create Leading Specialty Rental Equipment Company in Partnership with Platinum Equity

Transformative transaction resulting in greater scale and enhanced depth and breadth of products and services to better serve highly attractive infrastructure-related end-market customers Platinum Equity, the premier financial sponsor in the specialty rental equipment industry, has committed to invest over $850 million in Nesco and will hold a majority interest in the combined company Nesco lead investors, Energy Capital Partners and Capitol In... Read more

Transformative transaction resulting in greater scale and enhanced depth and breadth of products and services to better serve highly attractive infras... Read more

Transformative transaction resulting in greater scale and enhanced depth and breadth of products and services to bett. Read more

December 09, 2020

Platinum Equity to Acquire Ingram Micro for $7.2 Billion

Acquisition of World’s Largest Technology Distributor and Leading Provider of Logistics Solutions and Services to Leverage Platinum Equity’s Industry Experience, Financial Resources and Global Operating Expertise Ingram Micro, with $47 Billion of Annual Sales, Gains Added Flexibility and Resources to Accelerate Growth and Execute on Strategic Initiatives Under Platinum Equity’s OwnershipLOS ANGELES and IRVINE, California (December 9, 2020) ... Read more

Acquisition of World’s Largest Technology Distributor and Leading Provider of Logistics Solutions and Services to Leverage Platinum Equity’s Indus... Read more

Acquisition of World’s Largest Technology Distributor and Leading Provider of Logistics Solutions and Services to L. Read more