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Platinum Equity to Acquire Solo, European Provider of Personalizable Products and Apparel

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.
Solenis, NCH Corporation Announce Merger Which Aims to Create More Diversified, Customer-Centric Provider of Water, Hygiene Solutions

Solenis, NCH Corporation Announce Merger Which Aims to Create More Diversified, Customer-Centric Provider of Water, Hygiene Solutions

Platinum Equity execs believe merger will help Solenis further diversify its business.
Platinum Equity's Jacob Kotzubei at Milken: Differentiation Key to Innovation

Platinum Equity's Jacob Kotzubei at Milken: Differentiation Key to Innovation

Platinum Equity Co-President Jacob Kotzubei recently told a Milken Institute Global Conference audience that despite some headwinds in private markets, he believes the future is promising for those who continue to adapt and differentiate themselves.
Platinum Equity Flexes Ops Muscles To Stay Ahead of the Curve on Tariffs

Platinum Equity Flexes Ops Muscles To Stay Ahead of the Curve on Tariffs

Companies worldwide have been forced onto uncertain footing in assessing and mitigating the impact of recently implemented – and still evolving – U.S. tariff policies.
Why Platinum Equity Portco McGraw Hill Accelerated Its Digital Transformation

Why Platinum Equity Portco McGraw Hill Accelerated Its Digital Transformation

Some things just came naturally to Jackson Lau. Take math. For years, he cruised through the subject with ease, but then came fourth grade, and with it, geometry. Suddenly, math wasn’t so simple anymore.
McGraw Hill Acquires Essaypop, Strengthening its Portfolio of Digital Literacy Tools

McGraw Hill Acquires Essaypop, Strengthening its Portfolio of Digital Literacy Tools

McGraw Hill, a leading global education company, announced the acquisition of Essaypop, an interactive, cloud-based writing solution built by teachers to demystify writing in a way that is user-friendly and intuitive for both educators and students.
Platinum Equity’s 2024 Highlighted by $12.4B Fund VI Close, Ingram IPO, Deal Uptick

Platinum Equity’s 2024 Highlighted by $12.4B Fund VI Close, Ingram IPO, Deal Uptick

In spite of a challenging climate for fund raising, Platinum Equity Capital Partners VI (“Fund VI”) closed in 2024 with $12.4 billion in capital commitments, exceeding its target.
Platinum Equity Sells Livingston to Purolator

Platinum Equity Sells Livingston to Purolator

Platinum Equity announced the sale of Livingston International, an international trade services firm specializing in customs brokerage, freight forwarding and trade consulting, to Purolator, Inc., a leading integrated freight, package and logistics solutions provider.
Platinum Equity Invests in R&B Wholesale Distributors

Platinum Equity Invests in R&B Wholesale Distributors

Platinum Equity announced a significant investment in R&B Wholesale Distributors, Inc., a leading distributor of home appliances in the southwestern United States.
Why Platinum Equity Acquired ‘Proud’ Family-Owned Italian Pesto Sauce Producer Polli

Why Platinum Equity Acquired ‘Proud’ Family-Owned Italian Pesto Sauce Producer Polli

‘Alignment’ with Polli vision for growing the business helps Platinum land investment.
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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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June 05, 2024

Platinum Equity to Acquire Sunrise Medical

Investment in Germany-based maker of wheelchairs and mobility solutions adds to momentum of Platinum’s European investment team LOS ANGELES (June 5, 2024) – Platinum Equity announced today the signing of a definitive agreement to acquire Sunrise Medical, a world leader in advanced assistive mobility solutions, from Nordic Capital. Financial terms were not disclosed. The acquisition is expected to be completed in Q3 2024, subject to customary regulatory approvals. Sunrise Medical, a global market leader for assistive mobility solutions, is active in the development, design, manufac...

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May 29, 2024

Platinum Equity Portfolio Company HC Companies Acquires Classic Home & Garden

Complementary acquisition brings together leaders in functional pots and decorative containers to create "one stop shop" for horticulture growers, retailers and distributors LOS ANGELES, May 28, 2024  - The HC Companies, a leading North American manufacturer of horticultural containers, announced today the acquisition of Classic Home & Garden (CHG), a premier provider of decorative and functional products for the lawn and garden market in North America. Financial terms were not disclosed. Headquartered in Shelton, CT, CHG designs, sources and sells decorative garden pots and an a...

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May 14, 2024

Kohler Co. and Platinum Equity Close Transaction to Establish Kohler Energy as Independent Business

KOHLER, Wis. – May 6, 2024 – Kohler Co. and Platinum Equity announced today the companies have closed the transaction to establish Kohler Energy as a separate, independent business. Platinum Equity is now the majority owner of the Energy business and Kohler Co. remains an investment partner. Financial details are not being disclosed. Kohler Energy is strategically positioned to continue strong performance in the global energy resilience marketplace, now operating as a standalone company outside of Kohler Co. Brian Melka is CEO of the Energy business, elevating his leadership role after ...

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