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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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October 22, 2021
Platinum Equity Acquires Global Environmental Services Business Urbaser from China Tianying for $4.2 Billion
Acquisition of Madrid-Based Integrated Waste Management Company Adds to Global Buyout Firm’s Momentum in EuropeLOS ANGELES and MADRID (October 21, 2021) – Platinum Equity today announced that it has completed the acquisition of Urbaser, one of the world’s largest providers of environmental services, from China Tianying Inc. for an enterprise value of approximately $4.2 billion (€3.5 billion).Urbaser is a leading global environmental mana... Read more
Acquisition of Madrid-Based Integrated Waste Management Company Adds to Global Buyout Firm’s Momentum in EuropeLOS ANGELES and MADRID (October 21, ... Read more
Acquisition of Madrid-Based Integrated Waste Management Company Adds to Global Buyout Firm’s Momentum in EuropeLOS. Read more
October 22, 2021
Biscuit International announces the proposed acquisition of Continental Bakeries
Biscuit International (the “Group”) has reached an agreement to acquire Continental Bakeries from its current shareholders.Continental Bakeries joining the Biscuit International family represents a transformational and strategic acquisition that will bring together complementary product portfolios and geographical footprints and strengthen Biscuit International’s position as a leader of the European private label biscuit market.Completion o... Read more
Biscuit International (the “Group”) has reached an agreement to acquire Continental Bakeries from its current shareholders.Continental Bakeries jo... Read more
Biscuit International (the “Group”) has reached an agreement to acquire Continental Bakeries from its current sha. Read more
October 25, 2021
Platinum Equity Portfolio Company Petmate To Combine With Cosmic Pet
Transaction creates industry leading platform with robust scale and breadth of product offering across pet supply categoriesLOS ANGELES, Oct. 25, 2021 /PRNewswire/ -- Platinum Equity announced today the acquisition of Cosmic Pet, a leading designer, marketer and distributor of pet products, including toys, beds, collars and leashes, treats, feeders and bowls, and other accessories. Cosmic Pet will be combined with Platinum Equity portfolio com... Read more
Transaction creates industry leading platform with robust scale and breadth of product offering across pet supply categoriesLOS ANGELES, Oct. 25, 202... Read more
Transaction creates industry leading platform with robust scale and breadth of product offering across pet supply cat. Read more
October 25, 2021
Platinum Equity to Sell Orbit Irrigation to Husqvarna Group
Divestiture of Smart Watering Technology Solutions Provider Follows Successful Transformation ProgramSale Adds to Momentum of Platinum Equity’s Small Cap Investment PlatformLOS ANGELES (October 26, 2021) – Platinum Equity announced today the signing of a definitive agreement to sell Orbit Irrigation to Husqvarna Group in a transaction valued at approximately $480 million. Orbit will become part of Husqvarna Group’s Gardena Division.The tr... Read more
Divestiture of Smart Watering Technology Solutions Provider Follows Successful Transformation ProgramSale Adds to Momentum of Platinum Equity’s Sm... Read more
Divestiture of Smart Watering Technology Solutions Provider Follows Successful Transformation ProgramSale Adds to Mo. Read more
November 01, 2021
Platinum Equity Completes Sale of Multi-Color Corporation
LOS ANGELES (November 1, 2021) – Platinum Equity announced today the sale of Multi-Color Corporation (MCC), a global leader in label solutions, has been completed. Financial terms of the transaction were not disclosed.“MCC’s success was the result of a strong partnership with MCC’s management team and a lot of hard work by talented employees throughout the organization,” said Platinum Equity Partner Louis Samson. “We worked together t... Read more
LOS ANGELES (November 1, 2021) – Platinum Equity announced today the sale of Multi-Color Corporation (MCC), a global leader in label solutions, has ... Read more
LOS ANGELES (November 1, 2021) – Platinum Equity announced today the sale of Multi-Color Corporation (MCC), a globa. Read more
November 01, 2021
McGraw Hill Completes Acquisition of Edtech Pioneer Achieve3000
New York, NY (November 1, 2021) – McGraw Hill today closed its previously-announced transaction to acquire Achieve3000, a recognized leader in differentiated instruction and learning acceleration for PreK-12 students in all 50 states and 48 countries.“Achieve3000 and its product portfolio are wonderful complements to our PreK-12 business,” said Simon Allen, CEO of McGraw Hill. “With this acquisition, we will continue to expand our efforts... Read more
New York, NY (November 1, 2021) – McGraw Hill today closed its previously-announced transaction to acquire Achieve3000, a recognized leader in diffe... Read more
New York, NY (November 1, 2021) – McGraw Hill today closed its previously-announced transaction to acquire Achieve3. Read more
November 01, 2021
Platinum Equity Forms Continuation Fund to Support Continued Growth of United Site Services
Transaction includes reinvestment from existing shareholders, and commitments from new investors including Fortress Investment Group, Landmark Partners and Blackstone Strategic PartnersLOS ANGELES – November 1, 2021 – Platinum Equity announced today the closing of a continuation fund vehicle in connection with the acquisition of United Site Services (USS), the largest provider of portable sanitation and related site services in the United St... Read more
Transaction includes reinvestment from existing shareholders, and commitments from new investors including Fortress Investment Group, Landmark Partne... Read more
Transaction includes reinvestment from existing shareholders, and commitments from new investors including Fortress . Read more
November 02, 2021
BlueCrest Acquires Fluence Automation
(Danbury, CT) – BlueCrest, the global leader in the high-volume print, mail and parcel insertion and sortation space, has acquired Fluence Automation. This strategic acquisition by BlueCrest will allow the companies to harmonize their solutions – hardware, software and imaging – and accelerate growth in the eCommerce fulfillment and Parcel sortation markets. Fluence will become part of BlueCrest, and in the short-term will be referred t... Read more
(Danbury, CT) – BlueCrest, the global leader in the high-volume print, mail and parcel insertion and sortation space, has acquired Fluence Automatio... Read more
(Danbury, CT) – BlueCrest, the global leader in the high-volume print, mail and parcel insertion and sortation spac. Read more
November 09, 2021
Platinum Equity Completes Acquisition of Water Treatment Company Solenis
Solenis Simultaneously Acquires Sigura Water; Combined Entity Creates Diversified Leader in Sustainable SolutionsLOS ANGELES – November 9, 2021 – Platinum Equity announced today it has completed the acquisition of Solenis, a leading global producer of specialty chemicals used in water-intensive industries.As part of the transaction, Solenis has merged with Sigura Water, an existing Platinum Equity portfolio company, for a total combined trans... Read more
Solenis Simultaneously Acquires Sigura Water; Combined Entity Creates Diversified Leader in Sustainable SolutionsLOS ANGELES – November 9, 2021 – ... Read more
Solenis Simultaneously Acquires Sigura Water; Combined Entity Creates Diversified Leader in Sustainable SolutionsLOS . Read more
December 01, 2021
Platinum Equity Completes Sale of Orbit Irrigation to Husqvarna Group
Successful Investment Adds to Momentum of Platinum Equity’s Small Cap Investment Platform LOS ANGELES (December 2, 2021) – Platinum Equity announced today that the previously announced sale of Orbit Irrigation to Husqvarna Group in a transaction valued at approximately $480 million has been completed. Orbit, based in Salt Lake City, Utah, has approximately 300 employees and generates over 95% of its revenues in North America. The Orbit p... Read more
Successful Investment Adds to Momentum of Platinum Equity’s Small Cap Investment Platform LOS ANGELES (December 2, 2021) – Platinum Equity an... Read more
Successful Investment Adds to Momentum of Platinum Equity’s Small Cap Investment Platform LOS ANGELES (Decembe. Read more
