Rehlko Expands Data Center Back-Up Power Offering With Acquisition of the Wilmott Group
Key transaction strengthens position in data centers and mission-critical segments.
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October 31, 2018
United Rentals Completes Acquisition of BlueLine and Updates Guidance to Reflect the Combination
STAMFORD, CONN (October 31, 2018) – United Rentals, Inc. (NYSE: URI) today announced that it has completed its previously announced acquisition of BlueLine from Platinum Equity for a total purchase price of approximately $2.1 billion in cash.(1) The company used a combination of newly issued debt and bank borrowings to fund the transaction and related expenses. The acquisition expands United Rentals' equipment rental capacity in many of the largest metropolitan areas in North America, including both U.S. coasts, the Gulf South and Ontario. The company gains a well-diversified customer ba...
Read moreNovember 01, 2018
Lonza Further Strengthens Focus on Its Healthcare Continuum Strategy by Signing Agreement to Divest Water Care Business to Platinum Equity
Basel (CH) and Los Angeles, California (USA), Nov. 1 -- Lonza and Platinum Equity jointly announced today that Platinum Equity has entered into a definitive agreement with Lonza to acquire Lonza's Water Care business and operations for USD 630 million. The inclusion of the French business in this transaction is still under discussion. With headquarters in Alpharetta, GA (USA), Water Care has six manufacturing facilities in key regions, including North America, South America, EMEA and South Africa, with sales locations in all regions globally and with approximately 1,200 employees. The busin...
Read moreNovember 02, 2018
Interior Logic Group Completes Acquisition of Coleman Floor Company
IRVINE, CA November 2, 2018 – Interior Logic Group, Inc. (“ILG”) announced today the acquisition of Coleman Floor Company (“Coleman”), a design center services and flooring installation business, from BMC Stock Holdings, Inc. (NASDAQ:BMCH) effective November 1st. The acquisition increases ILG’s scale in the Mid-Atlantic and the Carolinas and demonstrates ILG’s investment of time, energy and resources to serve the homebuilder community in the region. Financial terms were not disclosed. Coleman offers flooring product and installation services to homebuilder customers, primarily...
Read moreNovember 07, 2018
Platinum Equity to Acquire Jostens from Newell Brands
LOS ANGELES (Nov. 7, 2018) – Platinum Equity today announced it has signed a definitive agreement to acquire Jostens from Newell Brands in a transaction valued at approximately $1.3 billion. The acquisition is expected to be completed in the fourth quarter, subject to customary closing conditions, including regulatory approval. Jostens, based in Minneapolis, MN, is a trusted partner in the academic and achievement channel, providing products, programs and services that help its customers celebrate important moments. The company's products comprise yearbooks, publications, jewelry and cons...
Read moreDecember 21, 2018
Platinum Equity Acquires Jostens from Newell Brands
LOS ANGELES (Dec. 21, 2018) – Platinum Equity today announced it has completed the acquisition of Jostens from Newell Brands in a transaction valued at approximately $1.3 billion. Jostens, based in Minneapolis, MN, is a trusted partner in the academic and achievement channel, providing products, programs and services that help its customers celebrate important moments. The company's products comprise yearbooks, publications, jewelry and consumer goods that serve the K-12 educational, college and professional sports segments. “For more than a century, Jostens has helped people commemo...
Read moreJanuary 07, 2019
Platinum Equity to Acquire Singapore-Based PCI Limited
LOS ANGELES (JANUARY 7, 2019) – Platinum Equity announced today that Pagani Holding III Limited ("Offeror"), an indirectly wholly-owned subsidiary of investment funds and entities affiliated with and advised by Platinum Equity, has signed a definitive agreement to acquire PCI Limited (“PCI”), a Singapore-listed electronics manufacturing services provider, for S$1.33 in cash per share. The transaction is subject to shareholder and regulatory approval and is expected to close in 2Q 2019. PCI provides design, manufacturing, testing, and supply chain services to an expanding global custom...
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