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July 21, 2011

MegaPath One of North America's Top Hosted Voice Providers

Platinum Equity portfolio company MegaPath was listed among the Top 10 hosted VoIP providers by Infonetics, an international communications market research and consulting firm. Client install base, service capabilities, and customer support are among the parameters considered by Infonetics in recognizing top firms.Commenting on the diverse Top 10 list, Infonetics analyst Diane Myers said, "The most critical factors for success remain financial st... Read more

Platinum Equity portfolio company MegaPath was listed among the Top 10 hosted VoIP providers by Infonetics, an international communications market res... Read more

Platinum Equity portfolio company MegaPath was listed among the Top 10 hosted VoIP providers by Infonetics, an intern. Read more

July 19, 2011

Platinum Equity Company International Offshore Services Selects MarineCFO

New Orleans, LA—MarineCFO Inc., the leading provider of Marine Software including On-Vessel, Marine Operations, Personnel, Fleet Maintenance, and Financial Management Software Solutions to the Marine Transportation Industry, announced today that Platinum Equity Company, International Offshore Services, has chosen to implement the full MarineCFO Enterprise software suite.International Offshore Services, LLC was formed in 2006 by combining Intern... Read more

New Orleans, LA—MarineCFO Inc., the leading provider of Marine Software including On-Vessel, Marine Operations, Personnel, Fleet Maintenance, and Fi... Read more

New Orleans, LA—MarineCFO Inc., the leading provider of Marine Software including On-Vessel, Marine Operations, Per. Read more

July 15, 2011

Acument Global Technologies Hiring In Fenton, MI

Acument Global Technologies, a Platinum Equity portfolio company, has completed its plans to invest $5.1 million to expand its facilities in Fenton, Grand Blanc Township, and Sterling Heights, Michigan. The effort will generate about 150 jobs and establishes Acument's commitment to Michigan workers.Articles on mlive.com, Flint on Full, and Tri-County Times (subscription) cover the reopening of Acument's Fenton facility, which was a manufacturing ... Read more

Acument Global Technologies, a Platinum Equity portfolio company, has completed its plans to invest $5.1 million to expand its facilities in Fenton, G... Read more

Acument Global Technologies, a Platinum Equity portfolio company, has completed its plans to invest $5.1 million to e. Read more

July 13, 2011

KEMET Leverages Virtela's Award Winning Application

To speed access to business-critical applications for its 11,000 employees, Platinum Equity portfolio company KEMET Corporation announced it will use cloud acceleration services from Virtela."With could-based application acceleration, we've experienced significant reductions in our application response times overall and we have been able to postpone bandwidth increases in many cases," said Brian Burch, senior director of worldwide infrastructure ... Read more

To speed access to business-critical applications for its 11,000 employees, Platinum Equity portfolio company KEMET Corporation announced it will use ... Read more

To speed access to business-critical applications for its 11,000 employees, Platinum Equity portfolio company KEMET C. Read more

July 08, 2011

SDUT Takes 10 Top Honors at Local SPJ Awards

The San Diego Union-Tribune and its web site, SignOn San Diego, took home top awards at the Society of Professional Journalists annual county contest.The Union-Tribune won ten first-place awards for newspaper writing, including the top award for breaking news. SignOn San Diego took three awards, including the award for Best News Site.The Society of Professional Journalists (SPJ) includes broadcast, print, and online journalists as well as journal... Read more

The San Diego Union-Tribune and its web site, SignOn San Diego, took home top awards at the Society of Professional Journalists annual county contest.... Read more

The San Diego Union-Tribune and its web site, SignOn San Diego, took home top awards at the Society of Professional J. Read more

July 06, 2011

Matrix Telecom Announces New Chief Executive Officer

Irving, TX – Matrix Telecom, a Dallas, Texas-based provider of telecom services, announced today Jerry Ou has been appointed President and Chief Executive Officer of Platinum Equity portfolio companies Matrix Telecom and Americatel Corporation. A seasoned executive with more than 10 years experience working in the telecommunications field, Ou had been COO of Matrix Telecom since 2010. He succeeds former President and CEO Charles "Chuck" Taylor,... Read more

Irving, TX – Matrix Telecom, a Dallas, Texas-based provider of telecom services, announced today Jerry Ou has been appointed President and Chief Exe... Read more

Irving, TX – Matrix Telecom, a Dallas, Texas-based provider of telecom services, announced today Jerry Ou has been . Read more

July 05, 2011

Palace Sports & Entertainment Partners with Oakland University

Auburn Hills, MI -- Palace Sports & Entertainment's success in its innovative role as sports marketer for Oakland University has paid off for both parties as the two organizations have agreed to extended the current agreement, which gives Platinum Equity's portfolio company, Palace Sports & Entertainment's (PS&E), the exclusive rights to sell sponsorship for OU's athletic teams and venues."We are pleased to continue our relationship w... Read more

Auburn Hills, MI -- Palace Sports & Entertainment's success in its innovative role as sports marketer for Oakland University has paid off for both... Read more

Auburn Hills, MI -- Palace Sports & Entertainment's success in its innovative role as sports marketer for Oakland. Read more

July 01, 2011

KEMET Announces Construction of New Manufacturing Facility in Macedonia

Greenville, SC - KEMET Corporation (NYSE: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, today announced plans to construct a new manufacturing facility in Skopje, Macedonia.“This facility is a component of KEMET’s long-term strategy of consolidating and maintaining manufacturing for its European customer base, while fulfilling our objective of lowering the cost structure associated with ... Read more

Greenville, SC - KEMET Corporation (NYSE: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, today ... Read more

Greenville, SC - KEMET Corporation (NYSE: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper an. Read more

June 30, 2011

Platinum Equity Confirms Sale of Strategic Distribution, Inc.

Los Angeles, CA – Platinum Equity confirmed today the sale of Strategic Distribution, Inc., (SDI) to LLR Equity Partners and Pouschine Cook Capital Partners.  Financial terms of the transaction were not disclosed. SDI provides supply chain management solutions for industrial and institutional customers in the United States, Canada, and Mexico.Platinum Equity acquired SDI through a public-to-private transaction in March 2007 and executed an o... Read more

Los Angeles, CA – Platinum Equity confirmed today the sale of Strategic Distribution, Inc., (SDI) to LLR Equity Partners and Pouschine Cook Capital ... Read more

Los Angeles, CA – Platinum Equity confirmed today the sale of Strategic Distribution, Inc., (SDI) to LLR Equity Par. Read more

June 24, 2011

KEMET Corporation Set to Join Russell 3000 Index

Greenville, SC - KEMET Corporation (NYSE: KEM) joined the US broad-market Russell 3000 Index, according to a preliminary list of additions posted on June 17 on the Russell Investments web site.Platinum Equity made an investment in KEMET in June of 2009 and has played a role in its operational restructuring.Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and acti... Read more

Greenville, SC - KEMET Corporation (NYSE: KEM) joined the US broad-market Russell 3000 Index, according to a preliminary list of additions posted on J... Read more

Greenville, SC - KEMET Corporation (NYSE: KEM) joined the US broad-market Russell 3000 Index, according to a prelimin. Read more