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KANSAS CITY, Mo. - Custom Truck One Source, Inc. (NYSE: CTOS) was recently recognized with a Capstone Award by the Kansas City Business Journal for the Company’s $35 million renovation of a 220,000-square-foot warehouse l...
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Facility designed to manufacture electric, street-legal Club Car Urban unveiled in Georgia
April 25, 2024
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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June 16, 2011
Schutt Sports Acquires Adams USA Football Helmet and Faceguard Product Lines
Litchfield, IL – Schutt Sports, a leading domestic manufacturer of protective sports equipment and aftermarket reconditioning services, announced today that it acquired certain football helmet and faceguard assets from Adams USA. Financial terms of the transaction were not disclosed.Schutt Sports will assume responsibility for manufacturing the acquired product lines and will continue marketing helmets and faceguards under the Adams brand n... Read more
Litchfield, IL – Schutt Sports, a leading domestic manufacturer of protective sports equipment and aftermarket reconditioning services, announced ... Read more
Litchfield, IL – Schutt Sports, a leading domestic manufacturer of protective sports equipment and aftermarket reco. Read more
May 31, 2011
NBA Board of Governors Unanimously Approves Sale of Detroit Pistons to Tom Gores
New York, NY – The NBA Board of Governors has unanimously approved the sale of the Detroit Pistons to Tom Gores and his investment firm, Platinum Equity. The transaction is expected to close shortly."We are delighted that the NBA’s Board of Governors approved Tom Gores’ purchase of majority ownership of the Pistons,” said NBA Commissioner David Stern. “We look forward to the Pistons’ continued growth, both on and off the court, unde... Read more
New York, NY – The NBA Board of Governors has unanimously approved the sale of the Detroit Pistons to Tom Gores and his investment firm, Platinum ... Read more
New York, NY – The NBA Board of Governors has unanimously approved the sale of the Detroit Pistons to Tom Gores a. Read more
May 24, 2011
Platinum Equity Acquires Active Aero Group
Los Angeles, CA and Belleville, MI – Platinum Equity announced today that it has acquired a majority stake in Active Aero Group, Inc. (“Active Aero”), a provider of expedited transportation and logistics solutions.Platinum acquired the majority stake in Active Aero from a consortium of sellers, including Berkshire Partners LLC and Greenbriar Equity Group LLC. The sellers retained a minority interest in the business. Terms of the transaction... Read more
Los Angeles, CA and Belleville, MI – Platinum Equity announced today that it has acquired a majority stake in Active Aero Group, Inc. (“Active Aer... Read more
Los Angeles, CA and Belleville, MI – Platinum Equity announced today that it has acquired a majority stake in Activ. Read more
April 13, 2011
How a Newspaper is Fending Off Groupon
In light of the overwhelming success of Groupon and LivingSocial, a program created by The San Diego Union-Tribune is, according to DigiDay Daily, giving them a run for their money. The Daily Deal program at the Union-Tribune negotiates discounts with local merchants much like Groupon and LivingSocial.The edge that the Daily Deal maintains, however, is its front-page placement on the newspaper which is seen by over 1 million subscribers weekly. I... Read more
In light of the overwhelming success of Groupon and LivingSocial, a program created by The San Diego Union-Tribune is, according to DigiDay Daily, giv... Read more
In light of the overwhelming success of Groupon and LivingSocial, a program created by The San Diego Union-Tribune is. Read more
April 08, 2011
Karen Davidson and Tom Gores Reach Agreement on Sale of Detroit Pistons
AUBURN HILLS, MI - Palace Sports and Entertainment (PS&E) and Detroit Pistons Basketball Company (DPBC) owner Karen Davidson today announced a definitive agreement to sell PS&E, DPBC, and their respective assets -- including the NBA's Detroit Pistons, The Palace of Auburn Hills, DTE Energy Music Theatre and the operating rights to Meadow Brook Music Festival -- to financier Tom Gores and his investment firm, Platinum Equity.Terms of the a... Read more
AUBURN HILLS, MI - Palace Sports and Entertainment (PS&E) and Detroit Pistons Basketball Company (DPBC) owner Karen Davidson today announced a def... Read more
AUBURN HILLS, MI - Palace Sports and Entertainment (PS&E) and Detroit Pistons Basketball Company (DPBC) owner Kar. Read more
March 30, 2011
Platinum Equity Acquires Majority Interest in Keystone Automotive Operations, Inc.
LOS ANGELES, CA – Platinum Equity announced today that it has acquired a majority interest in Keystone Automotive Holdings, Inc., the parent company of Keystone Automotive Operations, Inc. (“Keystone”), and will work with the company’s management team on an operational plan to improve Keystone’s ability to compete in the specialty aftermarket auto parts industry. Platinum was previously Keystone’s largest bond holder and worked clo... Read more
LOS ANGELES, CA – Platinum Equity announced today that it has acquired a majority interest in Keystone Automotive Holdings, Inc., the parent company... Read more
LOS ANGELES, CA – Platinum Equity announced today that it has acquired a majority interest in Keystone Automotive H. Read more
March 14, 2011
Platinum Equity Company Ryerson Acquires Singer Steel
CHICAGO, IL – Ryerson Inc., a leading distributor and processor of metals in North America and China, announced today that it has acquired Singer Steel Company ("Singer"), a value-added flat rolled steel processor based in Streetsboro, Ohio. Terms of the transaction were not announced.Singer is a full-service steel value-added processor with state-of-the-art processing equipment. The company enjoys an excellent reputation in the market and serv... Read more
CHICAGO, IL – Ryerson Inc., a leading distributor and processor of metals in North America and China, announced today that it has acquired Singer St... Read more
CHICAGO, IL – Ryerson Inc., a leading distributor and processor of metals in North America and China, announced tod. Read more
March 12, 2011
Platinum Equity Company Turf Care Supply Corporation to be Featured on Upcoming Episode of American Farmer
Brunswick, OH -- Turf Care Supply Corporation, one of the nation's largest providers of agronomic services and blended products to the professional turf, ornamental, and grass seed industries, announced today that they will be featured in an upcoming episode of American Farmer.The episode will focus on granular and liquid fertilizers, as well as granular control products, including insecticides, pre-emergent herbicides, post-emergent herbicides a... Read more
Brunswick, OH -- Turf Care Supply Corporation, one of the nation's largest providers of agronomic services and blended products to the professional tu... Read more
Brunswick, OH -- Turf Care Supply Corporation, one of the nation's largest providers of agronomic services and blende. Read more
March 11, 2011
Platinum Equity Company Alliance Entertainment Acquires Edge Entertainment Distribution
Coral Springs, FL – Platinum Equity and The Gores Group announced today that Alliance Entertainment has acquired EDGE Entertainment Distribution, a wholesale distributor of pre-recorded music and movie titles, related accessories and other products. EDGE primarily serves independent music retailers, public libraries and college book stores.Financial terms of the EDGE acquisition were not disclosed.EDGE provides one-stop access to more than 140,... Read more
Coral Springs, FL – Platinum Equity and The Gores Group announced today that Alliance Entertainment has acquired EDGE Entertainment Distribution, a ... Read more
Coral Springs, FL – Platinum Equity and The Gores Group announced today that Alliance Entertainment has acquired ED. Read more
March 07, 2011
American Commercial Lines Awarded Membership in the Louisiana Environmental Leadership Program
JEFFERSONVILLE, IN – American Commercial Lines Inc. announced today that it has been awarded membership in the Louisiana Environmental Leadership Program (ELP). Membership in the voluntary program, led by the Louisiana Department of Environmental Quality, is awarded to businesses, federal entities, municipalities, and academic and community organizations based upon commitment to the program's core principles and submission of pollution prevent... Read more
JEFFERSONVILLE, IN – American Commercial Lines Inc. announced today that it has been awarded membership in the Louisiana Environmental Leadership Pr... Read more
JEFFERSONVILLE, IN – American Commercial Lines Inc. announced today that it has been awarded membership in the Loui. Read more
