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July 23, 2024

Platinum Equity to Acquire GSM Outdoors

Platinum Equity announced today the signing of a definitive agreement to acquire GSM Outdoors from Gridiron Capital.

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July 22, 2024

Platinum Equity Completes Sale of Hunterstown Power

Platinum Equity announced that the sale of the Hunterstown power generation facility and related assets to LS Power has been completed.

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July 18, 2024

Platinum Equity Invests in HVAC/R Distributor Motors & Armatures

Platinum Equity announced today a significant investment in Motors & Armatures, Inc. (MARS), a leading distributor of HVAC/R parts, supplies and equipment in the United States and Canada.

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July 11, 2024

Héroux-Devtek Enters into Definitive Agreement to be Acquired by Platinum Equity

Héroux-Devtek Inc. (TSX: HRX) (“Héroux-Devtek” or the “Corporation”), a leading international manufacturer of aerospace products and the world’s third-largest landing gear manufacturer, today announced that it has entered into an arrangement agreement with an affiliate (the “Purchaser”) of Platinum Equity Advisors, LLC (“Platinum Equity”), a U.S. based private equity firm, pursuant to which the Purchaser will acquire all the issued and outstanding common shares of the Corporation, other than the shares to be rolled over by members of senior management of the Corporation (the “Rollover Shareholders”), for $32.50 in cash per share, representing a total enterprise value of approximately $1.35 billion, subject to customary closing conditions (the “Transaction”).

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June 18, 2024

Platinum Equity's Credit Team Provides Term Loan to Westfall Technik

LOS ANGELES (June 13, 2024) – Platinum Equity announced today it provided a First-Lien Term Loan to Westfall Technik to refinance existing indebtedness and support future growth of the business. Westfall Technik is a vertically-integrated manufacturer of injection molded plastic components that primarily serves the healthcare and consumer packaged goods end markets. The company provides design, tooling, molding and assembly capabilities to service the complete lifecycle of molded plastic parts. “We are pleased to have delivered speed and certainty for Westfall Technik at a time whe...

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June 07, 2024

Platinum Equity Portfolio Company Hop Lun Acquires P.H. Garment

Platinum Equity portfolio company Hop Lun, one of the world’s largest designers and manufacturers of intimate apparels, announced today the acquisition of P.H. Garment.

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