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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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Platinum Equity Partner Mark Barnhill, Detroit Pistons host second-chance event in Detroit
April 19, 2024
DETROIT - An event co-sponsored by the Detroit Pistons, the NBA and a variety of government and support organizations aimed to give more than 170 formerly incarcerated citizens a second chance through legal assistance and job...
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Platinum Equity’s outreach program for the Jalen Rose Leadership Academy provides mentorship, scholarships. And genuine fun.
April 15, 2024
DETROIT – Roaring laughter - and a little friendly trash talk - was heard in the Little Caesars Arena interview room only minutes before the start of the Detroit Pistons game against the Indiana Pacers on March 20. Jalen ...
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December 17, 2020
How Tom Gores cultivated the Detroit Pistons’ push for diversity and inclusion
It is an annual occurrence in NBA markets.Shortly after the draft, a news conference is held to introduce the young prospects to local media.The front office’s top talent evaluator and the head coach explain the reasoning behind the selections and why this collection of talent will ultimately lead to winning games.That was the scene on Nov. 27 when the Detroit Pistons presented their 2020 draft class - rookies Killian Hayes, Isaiah Washington, ... Read more
It is an annual occurrence in NBA markets.Shortly after the draft, a news conference is held to introduce the young prospects to local media.The front... Read more
It is an annual occurrence in NBA markets.Shortly after the draft, a news conference is held to introduce the young p. Read more
December 17, 2020
Husky’s manufacturing acumen showcases multi-purpose (and sustainable) PET solutions
The brief conversation made cinematic history.In The Graduate, a young Dustin Hoffman plays Benjamin Braddock, who gets career advice from a family friend shortly after college graduation.Mr. McGuire: Plastics.Benjamin: Exactly how do you mean?Mr. McGuire: There's a great future in plastics. Think about it. Will you think about it?Benjamin: Yes, I will.Mr. Maguire: OK. Enough said. That's a deal.Husky Injection Molding Systems CEO John Galt, wh... Read more
The brief conversation made cinematic history.In The Graduate, a young Dustin Hoffman plays Benjamin Braddock, who gets career advice from a family fr... Read more
The brief conversation made cinematic history.In The Graduate, a young Dustin Hoffman plays Benjamin Braddock, who ge. Read more
December 18, 2020
How Platinum Equity founder Tom Gores’ $350,000 pledge during SAY Detroit fundraiser will help spread gift of helping others
Tom Gores’ charitable donations to SAY Detroit have become an annual occurrence. Earlier this week, the founder and CEO of Platinum Equity found a creative way to spur the spirit of giving in children. Gores called the Detroit non-profit’s recent annual radiothon and pledged $350,000 during the event for the charity providing assistance to the city’s neediest residents, needs that have been exacerbated during the COVID-19 pandemic. But i... Read more
Tom Gores’ charitable donations to SAY Detroit have become an annual occurrence. Earlier this week, the founder and CEO of Platinum Equity found a ... Read more
Tom Gores’ charitable donations to SAY Detroit have become an annual occurrence. Earlier this week, the founder an. Read more
December 22, 2020
Platinum Equity Sells Compart Systems to Shanghai Wanye Enterprises
LOS ANGELES (December 22, 2020) – Platinum Equity announced today that it sold Compart Systems Pte Ltd. (“Compart” or the “Company”) to Shanghai Wanye Enterprises Co., Ltd. (“Wanye”) in a transactions valued at approximately $398 million.Compart, headquartered in Singapore with primary operations in China and Malaysia, is a supplier of high-precision, machined metal components including valves, fittings, sensors, and related compone... Read more
LOS ANGELES (December 22, 2020) – Platinum Equity announced today that it sold Compart Systems Pte Ltd. (“Compart” or the “Company”) to Shan... Read more
LOS ANGELES (December 22, 2020) – Platinum Equity announced today that it sold Compart Systems Pte Ltd. (“Compart. Read more
December 31, 2020
Platinum Equity Completes Sale of PrimeSource to Clearlake Capital Group
LOS ANGELES (December 31, 2020) – Platinum Equity announced today that the sale of PriSo Holding Corporation (“PrimeSource”, or the “Company”) to Clearlake Capital Group, L.P. (together with affiliates, “Clearlake”) has been completed. PrimeSource is a leading global distributor of specialty building materials serving residential, commercial, and industrial new-construction and remodeling markets. Founded in 1990, PrimeSource... Read more
... Read more
LOS ANGELES (December 31, 2020) – Platinum Equity announced today that the sale of PriSo Holding Corporation (“Pr. Read more
January 04, 2021
Platinum Equity Acquires Controlling Stake in Mad Engine, A Global Provider of Licensed, Branded, and Private Label Apparel and Accessories
Company’s current shareholders and management team retain minority interest and leadership responsibilitiesTransaction highlights continued momentum of Platinum Equity’s Small Cap teamLOS ANGELES AND SAN DIEGO (January 4, 2021) – Platinum Equity announced today that it has acquired a controlling stake in leading apparel company Mad Engine from affiliates of the company’s current ownership group, which has owned the business since 2011. Th... Read more
Company’s current shareholders and management team retain minority interest and leadership responsibilitiesTransaction highlights continued momentum... Read more
Company’s current shareholders and management team retain minority interest and leadership responsibilitiesTransact. Read more
January 07, 2021
Deluxe Acquires Sundog Media Toolkit
UK firm provides mastering and versioning services for theatrical, television, and OTT content LOS ANGELES, CA, JANUARY 07, 2021 - Deluxe, the global provider of digital and cloud-based solutions to the world’s leading content production studios and distributors, announced today their acquisition of UK-based Sundog Media Toolkit, Ltd. (“Sundog”). Financial terms were not disclosed. Founded in 2013 by CEO Richard Welsh and CTO Chris Ralph,... Read more
UK firm provides mastering and versioning services for theatrical, television, and OTT content LOS ANGELES, CA, JANUARY 07, 2021 - Deluxe, the global... Read more
UK firm provides mastering and versioning services for theatrical, television, and OTT content LOS ANGELES, CA, JANU. Read more
January 25, 2021
Why Platinum Equity’s $7.2 billion agreement to acquire Ingram Micro represents a ‘new frontier’ for firm
Platinum officials explain the future and potential of tech industry leader that is firmly entrenched on Fortune 100 list.Ingram Micro is a global technology leader.With a business focused on IT distribution, cloud solutions and e-commerce supply chain services, the company produced $47 billion in net revenue for 2019.With worldwide operations and roughly 35,000 employees, Ingram Micro is firmly entrenched on the Fortune 100 list.With the consist... Read more
Platinum officials explain the future and potential of tech industry leader that is firmly entrenched on Fortune 100 list.Ingram Micro is a global tec... Read more
Platinum officials explain the future and potential of tech industry leader that is firmly entrenched on Fortune 100 . Read more
January 26, 2021
Year in review: Platinum Equity delivers landmark 2020 with adaptability, execution
In trying to describe 2020, words do not come easy. Unforgettable does not cut it. Catastrophic does not consider the resilience shown by many during the trying year. But a new year brings a time for reflection.The COVID-19 pandemic hit hard, wreaking economic havoc worldwide while upending all life sectors. The senseless killing of a Minneapolis black man forced the nation to undergo an uncomfortable conversation on racial inequality. Meanwhile,... Read more
In trying to describe 2020, words do not come easy. Unforgettable does not cut it. Catastrophic does not consider the resilience shown by many during ... Read more
In trying to describe 2020, words do not come easy. Unforgettable does not cut it. Catastrophic does not consider the. Read more
February 01, 2021
Blackstone to Acquire Interior Logic Group, a Leading, Data-driven Provider of Design Solutions to Homebuilders, for $1.6 Billion
NEW YORK – February 1, 2021 – Blackstone (NYSE:BX) today announced that private equity funds managed by Blackstone (“Blackstone”) have reached a definitive agreement to acquire Interior Logic Group Holdings, LLC (“ILG”) from Littlejohn & Co. LLC (“Littlejohn”), Platinum Equity and other equity holders, for a total transaction value of approximately $1.6 billion. ILG is a leading, data-driven and technology-enabled provider... Read more
NEW YORK – February 1, 2021 – Blackstone (NYSE:BX) today announced that private equity funds managed by Blackstone (“Blackstone”) have reac... Read more
NEW YORK – February 1, 2021 – Blackstone (NYSE:BX) today announced that private equity funds managed by Blacks. Read more
