Rehlko Reaches Agreement to Sell Curtis Instruments to Parker Hannifin
Divestiture allows Rehlko to ‘more intensely focus’ on energy resiliency solutions.
News
Latest News
February 06, 2018
Platinum Equity Completes Acquisition of OfficeMax Business in Australia
LOS ANGELES (February 6, 2018) — Platinum Equity announced today it has completed the acquisition of the OfficeMax business in Australia from Office Depot (NASDAQ:ODP). Financial terms were not disclosed. Platinum Equity also confirmed that over time it intends to bring together the OfficeMax business in Australia with Winc Australia, the former Staples business that Platinum Equity acquired in April 2017 and subsequently rebranded. “The combination of Winc and OfficeMax in Australia will create a business that can offer greater value, more choice and a better customer experience,” s...
Read moreFebruary 08, 2018
Terratest Acquires Geostructures
Madrid, February 8, 2018 – Terratest, a leading international provider of geotechnical engineering and foundations solutions, today announced that it has acquired Geostructures, a US-based construction services firm. Financial terms of the transaction were not disclosed. Headquartered in Purcellville, Virginia, and founded in 1995, Geostructures is a leading provider of engineering, design-build and construction services for ground improvement and slope stability applications in the US Mid-Atlantic region. "Geostructures is a company with an excellent reputation, experienced management...
Read moreFebruary 15, 2018
Wyndham Worldwide Announces Agreement to Sell its European Vacation Rental Business to Platinum Equity
PARSIPPANY, N.J., February 13, 2018 — Wyndham Worldwide Corporation (NYSE: WYN) today announced that it has entered into a definitive agreement for the sale of its European vacation rental business to Platinum Equity for approximately $1.3 billion. In conjunction with the sale, the European vacation rental business has entered into a 20-year agreement under which it will pay a royalty fee of 1% of net revenue to Wyndham’s hotel business for the right to use the by Wyndham Vacation Rentals® endorser brand. The European vacation rentals operations will also participate as a redemption ...
Read moreFebruary 26, 2018
Platinum Equity to Acquire American & Efird
LOS ANGELES (Feb. 26, 2018) – Platinum Equity announced today that it has signed a definitive agreement to acquire American & Efrid (A&E) from KPS Capital Partners. Financial terms were not disclosed. The transaction is subject to regulatory approval and is expected to close in the second quarter of 2018. Headquartered in Mt. Holly, North Carolina, A&E is the largest U.S. manufacturer and the world’s second-largest manufacturer and distributor of premium quality industrial and consumer sewing thread, embroidery thread and technical textiles. A&E thread is used by produce...
Read moreFebruary 27, 2018
Platinum Equity to Acquire Hunterstown Power Generation Facility from GenOn Energy
LOS ANGELES (Feb. 27, 2018) – Platinum Equity announced today that it has signed a definitive agreement to acquire GenOn’s Hunterstown power generation facility and related assets in a transaction valued at approximately $520 million. GenOn, a unit of NRG Energy Inc. (NYSE: NRG), filed for bankruptcy protection in June 2017. The acquisition is subject to regulatory approval and is expected to close in the second quarter of 2018. Located in Gettysburg, Pennsylvania, the Hunterstown facility is a combined-cycle gas turbine generating power plant that provides 810 MW to the PJM (Met-Ed)...
Read moreMarch 01, 2018
Platinum Equity Announces Acquisition of Highway Toll Administration
HTA Combines With American Traffic Solutions Fleet Services to Capitalize on Continued Growth in Electronic Toll Collection LOS ANGELES (March 1, 2018) – Platinum Equity today announced the acquisition of Highway Toll Administration, LLC (HTA), a leader in electronic toll collection services and technology. HTA was acquired from Miami-based David and Leila Centner. Financial terms of the transaction were not disclosed. HTA is combining with the Fleet Services unit of Platinum Equity portfolio company American Traffic Solutions (ATS), creating an organization that will process tolls f...
Read more
Post 
In 
Email 
Copy link