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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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August 16, 2021
Platinum Equity Completes Acquisition of 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 (August 16, 2021) – Platinum Equity announced today it has completed the acquisition of 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 the company... 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
August 18, 2021
CEO: Under Platinum Equity, Orbit Irrigation has transformed into technology company
SALT LAKE CITY - Stuart Eyring has worked at Orbit Irrigation Systems for 16 years.Starting as executive vice president of marketing, he is currently the CEO of the company, which is a leading provider of irrigation systems and related products.As a long-tenured executive, he had a front row seat when Platinum Equity acquired Orbit and Hydro Rain from the company’s founders in early 2019.At the time of the announcement, Platinum Partner Jacob K... Read more
SALT LAKE CITY - Stuart Eyring has worked at Orbit Irrigation Systems for 16 years.Starting as executive vice president of marketing, he is currently ... Read more
SALT LAKE CITY - Stuart Eyring has worked at Orbit Irrigation Systems for 16 years.Starting as executive vice preside. Read more
August 24, 2021
Why Platinum Equity believes in SVP Worldwide's efforts to make ‘sewing more accessible’
A collaboration with Amazon Prime’s Making the Cut, a reality series where fashion designers test skills and business acumen.Promotional tie-ins with Cruella and Maleficent, film releases from Disney.Apps that create personalized clothing.Not exactly what first comes to mind when thinking of sewing machines, which have been around since shortly after the founding of the U.S.In 2018, SVP Worldwide CEO Carl-Martin Lindahl had his eyes opened when... Read more
A collaboration with Amazon Prime’s Making the Cut, a reality series where fashion designers test skills and business acumen.Promotional tie-ins wit... Read more
A collaboration with Amazon Prime’s Making the Cut, a reality series where fashion designers test skills and busine. Read more
August 30, 2021
McGraw Hill to Acquire Edtech Pioneer Achieve3000
New York, NY (August 30, 2021) – McGraw Hill announced today that it has entered into a definitive agreement to acquire Achieve3000, a recognized leader in differentiated instruction and learning acceleration for PreK-12 students in all 50 states and 49 countries.Financial terms were not disclosed. The transaction is expected to be completed in approximately 60 days, subject to customary closing conditions.Based in Red Bank, NJ and founded more... Read more
New York, NY (August 30, 2021) – McGraw Hill announced today that it has entered into a definitive agreement to acquire Achieve3000, a recognized le... Read more
New York, NY (August 30, 2021) – McGraw Hill announced today that it has entered into a definitive agreement to acq. Read more
September 09, 2021
Why Platinum Equity acquisition of LifeScan was ‘rebirth’ for healthcare leader in glucose management
When Val Asbury decided to leave nursing in the mid-80s, she was determined to join a related healthcare field.The thought process has led to her current position as CEO of LifeScan, a leading provider of blood glucose monitoring products for the treatment of diabetes.LifeScan manufactures OneTouch brand products, which includes blood glucose meters, test strips, lancets, point-of-care testing systems and integrated digital health solutions. Head... Read more
When Val Asbury decided to leave nursing in the mid-80s, she was determined to join a related healthcare field.The thought process has led to her curr... Read more
When Val Asbury decided to leave nursing in the mid-80s, she was determined to join a related healthcare field.The th. Read more
September 15, 2021
Platinum Equity Acquires Petmate
LOS ANGELES (September 15, 2021) – Platinum Equity announced today the acquisition of Petmate, a leading maker of pet products sold through a wide range of retail partners. Financial terms were not disclosed. Headquartered in Arlington, Texas, Petmate was founded in 1959 as Doskocil Manufacturing with a singular focus on providing safe pet transportation, resulting in the development of the industry’s first dog kennel. Today the company manu... Read more
LOS ANGELES (September 15, 2021) – Platinum Equity announced today the acquisition of Petmate, a leading maker of pet products sold through a wide r... Read more
LOS ANGELES (September 15, 2021) – Platinum Equity announced today the acquisition of Petmate, a leading maker of p. Read more
September 21, 2021
Platinum Equity Announces Sale of Singapore-Based Electronics Manufacturing Services Provider PCI to Celestica
LOS ANGELES (September 21, 2021) – Platinum Equity announced today the signing of a definitive agreement to sell PCI Limited (“PCI”), an electronics manufacturing services provider based in Singapore, to Celestica Inc. (TSX: CLS) (NYSE: CLS), headquartered in Toronto, a leader in design, manufacturing and supply chain solutions for the world's most innovative companies, for $306 million in cash. The sale is expected to close in mid-fourth q... Read more
LOS ANGELES (September 21, 2021) – Platinum Equity announced today the signing of a definitive agreement to sell PCI Limited (“PCI”), an electro... Read more
LOS ANGELES (September 21, 2021) – Platinum Equity announced today the signing of a definitive agreement to sell PC. Read more
October 18, 2021
Platinum Equity Acquires Oregon Tool
Acquisition will help Oregon Tool fuel innovation and propel global growthPORTLAND, OR (October 18, 2021) – Platinum Equity announced today that the acquisition of Oregon Tool has been completed. Oregon Tool is a global manufacturer and distributor of aftermarket-driven professional grade cutting tools, outdoor equipment accessories and parts. Financial terms were not disclosed.Oregon Tool is the world’s #1 manufacturer of saw chain and guid... Read more
Acquisition will help Oregon Tool fuel innovation and propel global growthPORTLAND, OR (October 18, 2021) – Platinum Equity announced today that th... Read more
Acquisition will help Oregon Tool fuel innovation and propel global growthPORTLAND, OR (October 18, 2021) – Platin. Read more
October 19, 2021
Platinum Equity to Acquire Pelican Products
LOS ANGELES (October 19, 2021) – Platinum Equity announced today the signing of a definitive agreement to acquire Pelican Products, a global leader in the design and manufacture of high-performance protective cases and rugged gear for professionals and outdoor enthusiasts, and temperature-controlled supply chain solutions for the healthcare industry.Financial terms were not disclosed. The transaction is expected to be completed by the end of t... Read more
LOS ANGELES (October 19, 2021) – Platinum Equity announced today the signing of a definitive agreement to acquire Pelican Products, a global leader... Read more
LOS ANGELES (October 19, 2021) – Platinum Equity announced today the signing of a definitive agreement to acquire . Read more
October 21, 2021
$4.2 billion Urbaser deal adds to Platinum Equity’s European momentum
Managing Director Igor Chacartegui talks about the importance of trust, relationships and ESG in Platinum’s latest European buyoutUrbaser is a global environmental management company focused on sustainability and innovation, with 50,000 employees serving more than 70 million people in 25 countries.With an enterprise value of $4.2 billion, Urbaser is another cornerstone deal in Platinum Equity’s global portfolio of operating companies.The acq... Read more
Managing Director Igor Chacartegui talks about the importance of trust, relationships and ESG in Platinum’s latest European buyoutUrbaser is a globa... Read more
Managing Director Igor Chacartegui talks about the importance of trust, relationships and ESG in Platinum’s latest . Read more
