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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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February 22, 2011
Schutt Sports: Business Booming for Once-Troubled Company
Since being acquired by Platinum Equity, business at Schutt Sports is booming. Acquired by Platinum Equity out of a lengthy and troubling bankruptcy, the re-energized company is refocused on its core businesses of manufacturing and reconditioning sports safety equipment, including football helmets.Emerging from the uncertainty of bankruptcy, the Schutt Sports helmet reconditioning facility recently signed a multi-year lease and is creating new jo... Read more
Since being acquired by Platinum Equity, business at Schutt Sports is booming. Acquired by Platinum Equity out of a lengthy and troubling bankruptcy, ... Read more
Since being acquired by Platinum Equity, business at Schutt Sports is booming. Acquired by Platinum Equity out of a l. Read more
February 11, 2011
Platinum Equity Company Schutt Sports Gets Boost
Schutt Sports, now part of the Platinum Equity portfolio, is reported by the St. Louis Post Dispatch to be poised to regain its footing after a lengthy bankruptcy triggered by a patent dispute.Acquired by Platinum in December 2010, Schutt Sports makes sports safety equipment such as helmets worn by a third of all NFL players (Green Bay quarterback Aaron Rodgers wore a Schutt helmet in the Super Bowl), bases for Major League Baseball, and a vari... Read more
Schutt Sports, now part of the Platinum Equity portfolio, is reported by the St. Louis Post Dispatch to be poised to regain its footing after a length... Read more
Schutt Sports, now part of the Platinum Equity portfolio, is reported by the St. Louis Post Dispatch to be poised to . Read more
February 03, 2011
Platinum Equity Company Ulticom Names Bruce Swail CEO
Mt Laurel, New Jersey – Ulticom, Inc. today announced the appointment of Bruce D. Swail as Chief Executive Officer (CEO), effective immediately.Ulticom is a premier provider of signaling software that enables telecommunications network equipment and service providers to deploy services within wireless, IP, and wireline networks. Ulticom was acquired by Platinum Equity in December 2010.Mr. Swail joins Ulticom from US Robitics, a leading provider... Read more
Mt Laurel, New Jersey – Ulticom, Inc. today announced the appointment of Bruce D. Swail as Chief Executive Officer (CEO), effective immediately.Ulti... Read more
Mt Laurel, New Jersey – Ulticom, Inc. today announced the appointment of Bruce D. Swail as Chief Executive Officer . Read more
January 13, 2011
Acument Keeps Operations in Metro Detroit, 50 Hires Planned This Year
DETROIT, MI (metromode)--The transformation of Acument over the past few years typifies what Detroit auto suppliers experienced: loss of work and shrinking operations. Today, however, Acument is a promising sign of things to come.Acument, a Platinum Equity portfolio company, recently struck a deal with the Michigan Economic Development Corp to expand its Sterling Heights, Holly, and Fenton plants. It expects to hire 50 people in Metro Detroit t... Read more
DETROIT, MI (metromode)--The transformation of Acument over the past few years typifies what Detroit auto suppliers experienced: loss of work and shri... Read more
DETROIT, MI (metromode)--The transformation of Acument over the past few years typifies what Detroit auto suppliers e. Read more
January 06, 2011
Robert Klap Joins Platinum Equity as Principal
LOS ANGELES, CA – (Marketwire) – Platinum Equity announced today that Robert Klap will join the firm as a principal based in London, where he will assist the firm's investor relations, capital raising and deal origination programs.Most recently, Mr. Klap was an executive at UBS in London, responsible for managing private equity fund investments in the bank's wealth management group. Previously, he was a private equity portfolio manager at She... Read more
LOS ANGELES, CA – (Marketwire) – Platinum Equity announced today that Robert Klap will join the firm as a principal based in London, where he will... Read more
LOS ANGELES, CA – (Marketwire) – Platinum Equity announced today that Robert Klap will join the firm as a princip. Read more
December 21, 2010
Platinum Equity Completes Acquisition of American Commercial Lines
Los Angeles, CA--Platinum Equity announced today that it has completed the acquisition of American Commercial Lines Inc. (“ACL”), one of the largest and most diversified inland marine transportation and service companies in the United States.The acquisition was a public-to-private transaction in which Platinum Equity agreed to acquire most outstanding shares of ACL stock for $33.00 per share. ACL stockholder GVI Holdings, Inc. and certain of ... Read more
Los Angeles, CA--Platinum Equity announced today that it has completed the acquisition of American Commercial Lines Inc. (“ACL”), one of the large... Read more
Los Angeles, CA--Platinum Equity announced today that it has completed the acquisition of American Commercial Lines I. Read more
December 16, 2010
Platinum Equity Acquires Schutt Sports
LOS ANGELES, CA – Platinum Equity announced today that it has completed the acquisition of substantially all the assets of Schutt Sports through a transaction conducted under Section 363 of the U.S. Bankruptcy Code. The United States Bankruptcy Court for the District of Delaware approved the transaction on December 15, 2010.Schutt Sports is a leading domestic manufacturer of protective sports equipment and aftermarket reconditioning services."S... Read more
LOS ANGELES, CA – Platinum Equity announced today that it has completed the acquisition of substantially all the assets of Schutt Sports through a t... Read more
LOS ANGELES, CA – Platinum Equity announced today that it has completed the acquisition of substantially all the as. Read more
December 10, 2010
Renewable Energy Device Supplier KEMET is Back
E•Boom Finance coverage of the role Platinum Equity played in the survival and long-term fitness of capacitor manufacturer KEMET.A global supplier of devices critical to the renewable energy and other sectors, KEMET went public in October 1992. When its markets collapsed in 2008 and with looming debt repayment deadlines, KEMET shares plummeted and the company was delisted from the New York Stock Exchange.Platinum Equity met with the KEMET manag... Read more
E•Boom Finance coverage of the role Platinum Equity played in the survival and long-term fitness of capacitor manufacturer KEMET.A global supplier o... Read more
E•Boom Finance coverage of the role Platinum Equity played in the survival and long-term fitness of capacitor manuf. Read more
December 03, 2010
Platinum Equity Acquires Ulticom
Los Angeles, CA —Platinum Equity announced today that it has completed the acquisition of Ulticom, Inc., a provider of signaling software used in communications networks.The acquisition was a public-to-private transaction in which Platinum Equity acquired outstanding shares of Ulticom stock for merger consideration of $2.33 per share, after payment of a special dividend in the amount of $5.74 per share in cash. Shares of Ulticom stock held by... Read more
Los Angeles, CA —Platinum Equity announced today that it has completed the acquisition of Ulticom, Inc., a provider of signaling software used in co... Read more
Los Angeles, CA —Platinum Equity announced today that it has completed the acquisition of Ulticom, Inc., a provider. Read more
December 01, 2010
Platinum Equity Acquires Ecka Granules Assets
Los Angeles, CA —Platinum Equity announced today it has acquired substantially all material assets of ECKA Granules, a Germany-based manufacturer and distributor of metal powders to a broad range of industries. The acquisition which includes copper, aluminum and magnesium powder manufacturing plants and sales offices will, upon registration of all share transfers, include Australia, Austria, Bahrain, China, Germany, Slovenia, Switzerland, the U... Read more
Los Angeles, CA —Platinum Equity announced today it has acquired substantially all material assets of ECKA Granules, a Germany-based manufacturer an... Read more
Los Angeles, CA —Platinum Equity announced today it has acquired substantially all material assets of ECKA Granules. Read more
