Platinum Equity to Acquire Solo, European Provider of Personalizable Products and Apparel
Co-President Louis Samson: Firm’s ‘approach to value creation’ makes good fit with Solo.
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September 06, 2018
Platinum Equity Sells Majority Stake in Fabcon
LOS ANGELES – Platinum Equity announced today it has sold a majority interest in Fabcon Holding Corporation to Solace Capital Partners. Fabcon is a leading manufacturer of precast, pre-stressed concrete wall panels for nonresidential construction applications. Platinum Equity, which acquired Fabcon in 2016, will remain a meaningful equity investor and Fabcon management will also participate in the transaction. Financial terms were not disclosed. Based in Savage, Minn., Fabcon’s structural precast wall panels are used primarily in the construction of warehouses and distribution centers a...
Read moreSeptember 10, 2018
United Rentals to Acquire BlueLine Rental for $2.1 billion
Combination will benefit construction and industrial customers at attractive returns to United Rentals shareholders STAMFORD, Conn. – September 10, 2018 – United Rentals, Inc. (NYSE: URI) and BlueLine Rental (“BlueLine”) today announced that they have entered into a definitive agreement under which United Rentals will acquire BlueLine from Platinum Equity for approximately $2.1 billion in cash.[*] The board of directors of United Rentals unanimously approved the agreement. The transaction is expected to close in the fourth quarter of 2018, subject to Hart-Scott-Rodino clearance and ...
Read moreOctober 01, 2018
Platinum Equity Completes $2.1 Billion Acquisition of LifeScan from Johnson & Johnson
LOS ANGELES (Oct 1, 2018) – Platinum Equity today announced that its acquisition of Lifescan from Johnson & Johnson (NYSE: JNJ) for approximately $2.1 billion has been completed, with the exception of certain non-U.S. jurisdictions that are each expected to close at a later date, subject to individual country regulatory requirements. LifeScan is a leader in blood glucose monitoring products with 2017 net revenue of approximately $1.5 billion. “LifeScan is an innovative company that has been a leader in diabetes care for more than 30 years,” said Platinum Equity Partner Jacob K...
Read moreOctober 11, 2018
Palladium Equity Partners Acquires Kymera International from Platinum Equity
NEW YORK and RALEIGH, N.C., Oct. 11, 2018 -- Palladium Equity Partners, LLC (along with its affiliates, "Palladium"), a private investment firm with over $2.5 billion in assets under management, today announced that one of its affiliated private equity funds has acquired Kymera International (ACuPowder International, ECKA Granules and SCM Metal Products, collectively, "Kymera" or the "Company"), a leading global specialty materials company, from Los Angeles-based private investment firm Platinum Equity. Terms of the transaction were not disclosed. Founded in the late 1800's, the Kymer...
Read moreOctober 16, 2018
Platinum Equity Agrees to Sell Exterion Media
Proposed Sale Adds to Global Buyout Firm’s European Momentum LOS ANGELES (Oct. 16, 2018) – Platinum Equity today announced it has signed a definitive agreement to sell Exterion Media to British media and entertainment group Global. The deal is expected to close in Q1 2019 subject to regulatory approval and certain customary closing conditions. Terms of the transaction were not disclosed. Exterion Media is a leading European out-of-home media company that was created when Platinum Equity acquired the assets of CBS Outdoor International in 2013. The business provides both traditional a...
Read moreOctober 22, 2018
PLI Card Marketing Acquires Harvard Card Systems
Transaction marks company’s first add-on since Platinum Equity acquired PLI four months ago Backed by Platinum Equity Small Cap Fund, PLI’s growth through acquisition expected to continue LAS VEGAS (Oct. 22, 2018) – Platinum Equity portfolio company PLI Card Marketing Solutions announced today that it has acquired Harvard Card Systems, a leader in the card printing and gift card manufacturing industry. Terms of the transaction were not disclosed. Founded in 1996 and headquartered in City of Industry, CA, Harvard produces a broad range of plastic card products for more than 2,500 ...
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