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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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How Winc management team, Platinum Equity ops ‘rose to the occasion’ to pull off turnaround for customers in Australia, New Zealand
April 03, 2024
SYDNEY – The distribution center west of Australia’s largest city is operating efficiently on the warm September day.Winc Supply Chain Director Chris Fox proudly takes visitors by rows of empty pallets neatly stacked near...
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July 07, 2021
Platinum Equity Completes Acquisition of Ingram Micro for $7.2 Billion
Ingram Micro, with $49 Billion of Annual Sales, Gains Added Flexibility and Resources to Execute on Strategic Initiatives Under Platinum Equity’s OwnershipAcquisition 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 ExpertiseLOS ANGELES and IRVINE, California (July 7, 2021) – Platinum Equity today a... Read more
Ingram Micro, with $49 Billion of Annual Sales, Gains Added Flexibility and Resources to Execute on Strategic Initiatives Under Platinum Equity’s Ow... Read more
Ingram Micro, with $49 Billion of Annual Sales, Gains Added Flexibility and Resources to Execute on Strategic Initiat. Read more
July 07, 2021
Platinum Equity Acquires Flooring Distributor Paramount Global Surfaces
PGS acquisition to leverage investment firm’s expertise in building products sectorTransaction highlights continued momentum of Platinum Equity’s Small Cap teamLOS ANGELES (July 7, 2021) – Platinum Equity announced today the acquisition of Paramount Global Surfaces (PGS) from Linsalata Capital Partners. Financial terms of the transaction were not disclosed.PGS is a leading developer, importer and distributor of premium, proprietary porcelai... Read more
PGS acquisition to leverage investment firm’s expertise in building products sectorTransaction highlights continued momentum of Platinum Equity’s ... Read more
PGS acquisition to leverage investment firm’s expertise in building products sectorTransaction highlights continued. Read more
July 14, 2021
Platinum Equity to Acquire Oregon Tool from American Securities and P2 Capital Partners
Acquisition will help Oregon Tool fuel innovation and propel global growthPORTLAND, OR (July 14, 2021) – Platinum Equity, American Securities and P2 Capital Partners today announced the signing of a definitive agreement under which Platinum Equity will acquire Oregon Tool, a global manufacturer and distributor of aftermarket-driven professional grade cutting tools, outdoor equipment accessories and parts. American Securities and P2 Capital have... Read more
Acquisition will help Oregon Tool fuel innovation and propel global growthPORTLAND, OR (July 14, 2021) – Platinum Equity, American Securities and P2... Read more
Acquisition will help Oregon Tool fuel innovation and propel global growthPORTLAND, OR (July 14, 2021) – Platinum E. Read more
July 19, 2021
Platinum Equity to Acquire Global Aerospace Supply Chain Services Provider Unical Aviation
Aviation parts and components business to benefit from new operational resources and recapitalized balance sheet as air travel begins to reboundLOS ANGELES (July 19, 2021) – Platinum Equity announced today it has signed a definitive agreement to acquire Unical Aviation Inc. and certain of the company’s affiliates (“Unical”), a leading provider of aircraft parts and components to the global commercial aerospace market, from affiliates of t... Read more
Aviation parts and components business to benefit from new operational resources and recapitalized balance sheet as air travel begins to reboundLOS AN... Read more
Aviation parts and components business to benefit from new operational resources and recapitalized balance sheet as a. Read more
July 19, 2021
Why Yusef Jackson has joined Platinum Equity’s transformation efforts at Aventiv Technologies
Gathering around the tree to open gifts is the typical Christmas scene for most families.But for Yusef Jackson, the holiday was a time to help the incarcerated held at the Cook (Ill.) County Department of Corrections.“Most kids think about what they're going to get under the tree,” Jackson said recently. “For us, the big thing on Christmas was to wake up, put our clothes on and go to the jail and put on programs for the prisoners.“It was ... Read more
Gathering around the tree to open gifts is the typical Christmas scene for most families.But for Yusef Jackson, the holiday was a time to help the inc... Read more
Gathering around the tree to open gifts is the typical Christmas scene for most families.But for Yusef Jackson, the h. Read more
July 27, 2021
How Platinum Equity supports Elevate Textiles’ sustainability initiatives and product innovation
Joining the United Nations Global Compact, a worldwide initiative with 10 sustainability principles.The construction of a wastewater treatment facility in Mexico that will save 140 million gallons of water per year.Addressing climate change and setting a goal to reach net-zero emissions by 2050.The announcements are just a few of the many initiatives Elevate Textiles has delivered or promised in its mission to provide environmentally friendly p... Read more
Joining the United Nations Global Compact, a worldwide initiative with 10 sustainability principles.The construction of a wastewater treatment facilit... Read more
Joining the United Nations Global Compact, a worldwide initiative with 10 sustainability principles.The construction . Read more
August 02, 2021
Centerfield Completes Acquisition of Leading Digital Marketing Solution for Insurance Industry, Datalot
LOS ANGELES – Aug. 2, 2021 – Centerfield, a technology enabled customer experience company, today announced the completion of a transaction to acquire Datalot, a leading digital marketing solution for auto, home, health and Medicare insurance companies, from an investment fund affiliated with Lightyear Capital. Centerfield’s digital brands and industry leading platform, Dugout, engage in-market consumers and automate end-to-end customer ... Read more
LOS ANGELES – Aug. 2, 2021 – Centerfield, a technology enabled customer experience company, today announced the completion of a transaction to acq... Read more
LOS ANGELES – Aug. 2, 2021 – Centerfield, a technology enabled customer experience company, today announced the c. Read more
August 02, 2021
Platinum Equity Completes Acquisition of Global Sewing Machine Manufacturer SVP Worldwide
LOS ANGELES (August 2, 2021) – Platinum Equity announced today that it has completed the acquisition of a controlling stake in SVP-Singer Holdings, Inc. and its wholly owned subsidiaries (“SVP Worldwide”), the world’s largest consumer sewing machine company. Existing shareholders and management have retained a meaningful equity interest. Financial terms were not disclosed.SVP Worldwide accounts for more than one out of three consumer sewi... Read more
LOS ANGELES (August 2, 2021) – Platinum Equity announced today that it has completed the acquisition of a controlling stake in SVP-Singer Holdings, ... Read more
LOS ANGELES (August 2, 2021) – Platinum Equity announced today that it has completed the acquisition of a controlli. Read more
August 02, 2021
Platinum Equity Completes Acquisition of McGraw Hill for $4.5 Billion
LOS ANGELES and NEW YORK (August 2, 2021) – Platinum Equity announced today that it has completed the acquisition of McGraw Hill, a global leader in educational content and digital platforms, for a purchase price of approximately $4.5 billion. Founded in 1888, McGraw Hill provides outcome-focused learning solutions to millions of students globally, delivering both curated content and digital learning tools and platforms to the classrooms of ap... Read more
LOS ANGELES and NEW YORK (August 2, 2021) – Platinum Equity announced today that it has completed the acquisition of McGraw Hill, a global leader in... Read more
LOS ANGELES and NEW YORK (August 2, 2021) – Platinum Equity announced today that it has completed the acquisition o. Read more
August 03, 2021
How potential for ‘digital transformation’ is a main reason for Platinum Equity’s $4.5 billion acquisition of McGraw Hill
McGraw Hill has historically been known as a textbook publisher.But in a nod to the entrenched role technology plays in everyday lives, the learning company is seeing its digital business grow exponentially, with 80 percent of the company’s business in higher education delivered digitally.That is among the reasons Platinum Equity has acquired the venerable company from Apollo.Founded in 1888, McGraw Hill provides outcome-focused learning soluti... Read more
McGraw Hill has historically been known as a textbook publisher.But in a nod to the entrenched role technology plays in everyday lives, the learning c... Read more
McGraw Hill has historically been known as a textbook publisher.But in a nod to the entrenched role technology plays . Read more
