News
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...
Latest Article
Latest Article
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 ...
Latest Article
Latest Article
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...
Latest Article
August 18, 2010
Platinum Equity Portfolio Brand Glastron Boats Launches 2011 Models from New Facility
Boat builder hosts dealers at Open House event in new facilityCadillac, Michigan, August 18, 2010 – Rec Boat Holdings announces the launch of its 2011 model year line up for Glastron Boats, with an Open House event conducted at the new manufacturing facility in Cadillac, Michigan. Dealers from all over North America and International markets attended the series of business meetings with opportunities to meet with the new management team, new pl... Read more
Boat builder hosts dealers at Open House event in new facilityCadillac, Michigan, August 18, 2010 – Rec Boat Holdings announces the launch of its 20... Read more
Boat builder hosts dealers at Open House event in new facilityCadillac, Michigan, August 18, 2010 – Rec Boat Holdin. Read more
August 03, 2010
Excel Telecommunications Acquisition Closed by Platinum Equity Portfolio Company Matrix Telecom
DALLAS – August 3, 2010 - Matrix Telecom Inc. ("Matrix"), a Platinum Equity company and provider of voice and data services to small and medium enterprise and residential customers across the United States, today announced it has completed the acquisition of substantially all the customer relationships and assets of Irving-based Comtel Telcom Assets LP, operating as Excel Telecommunications ("Excel") from Denham Capital.Financial terms of the t... Read more
DALLAS – August 3, 2010 - Matrix Telecom Inc. ("Matrix"), a Platinum Equity company and provider of voice and data services to small and medium ente... Read more
DALLAS – August 3, 2010 - Matrix Telecom Inc. ("Matrix"), a Platinum Equity company and provider of voice and data . Read more
August 03, 2010
Platinum Equity Portfolio Company Acument Completes Divestiture of Avdel and GEC Units
LOS ANGELES, CA--(Marketwire - August 3, 2010) - Platinum Equity today announced that Acument Global Technologies has completed the sale of Acument's Avdel and Global Electronics & Commercial (GEC) business units to Asia Trading Company Limited, a company owned indirectly by funds advised by CVC Asia Pacific and Standard Chartered Private Equity Limited (SCPEL). Terms of the divestiture were not disclosed.Avdel manufactures and markets blind ... Read more
LOS ANGELES, CA--(Marketwire - August 3, 2010) - Platinum Equity today announced that Acument Global Technologies has completed the sale of Acument's ... Read more
LOS ANGELES, CA--(Marketwire - August 3, 2010) - Platinum Equity today announced that Acument Global Technologies has. Read more
July 29, 2010
Triton Boats Acquired from Brunswick by Platinum Equity Portfolio Company Fishing Holdings
FLIPPIN, Ark. (July 29, 2010) – Fishing Holdings, LLC, a premier manufacturer and marketer of fiberglass fishing boats owned by an affiliate of Platinum Equity, announces its acquisition of Triton Boats from Brunswick Corporation. Terms of the transaction are not disclosed.Triton founder Earl Bentz will join Fishing Holdings and resume his role at the helm of Triton Boats. Additionally, several key members of Triton's executive manage... Read more
FLIPPIN, Ark. (July 29, 2010) – Fishing Holdings, LLC, a premier manufacturer and marketer of fiberglass fishing boats owned by an affiliate of ... Read more
FLIPPIN, Ark. (July 29, 2010) – Fishing Holdings, LLC, a premier manufacturer and marketer of fiberglass fishin. Read more
July 12, 2010
Platinum Equity Portfolio Company Ryerson Completes Buyout of China Joint Venture
CHICAGO, July 12 -- Ryerson Holding Corporation ("Ryerson"), a leading distributor and processor of metals in North America, today announced that via its subsidiaries it has acquired Van Shung Chong Holdings' ("VSC") 20 percent stake in Ryerson China Limited, a joint venture between Ryerson and VSC formed in 2006. Ryerson China Limited is now a wholly-owned Ryerson subsidiary. Terms of the transaction were not disclosed."Increasing our investment... Read more
CHICAGO, July 12 -- Ryerson Holding Corporation ("Ryerson"), a leading distributor and processor of metals in North America, today announced that via ... Read more
CHICAGO, July 12 -- Ryerson Holding Corporation ("Ryerson"), a leading distributor and processor of metals in North A. Read more
March 31, 2010
Covad and Megapath Announce Merger Agreement
Merger Will Combine Nation’s Largest IP Broadband Footprint with Complete Suite of Managed Services San Jose and Costa Mesa, CA, March 31, 2010 – Covad Communications Company, a leading national provider of IP broadband services, and MegaPath Inc., a leading provider of managed IP data, voice and security services in North America, today announced an agreement to combine the operations of Covad and MegaPath.Pending federal and state regulat... Read more
... Read more
Merger Will Combine Nation’s Largest IP Broadband Footprint with Complete Suite of Managed Services San Jose and . Read more
March 26, 2010
Platinum Portfolio Company Ryerson Set to Profit in Industry Consolidation
[ Content ]... Read more
[ Content ]... Read more
[ Content ]. Read more
March 26, 2010
Michigan Governor Jennifer Granholm Tours Platinum Equity Portfolio Company
Longtime Four Winns employee Wendy Hunt remembers feelings of uncertainty and devastation when the boat manufacturer’s then-parent company filed for bankruptcy in June 2009.Hunt, a Lake City resident who joined Four Winns’ scheduling department in 1998, thought she was out of a job when her receptionist position was subsequently eliminated."They always called me the voice of Four Winns," she recalled.But she avoided being laid off after the c... Read more
Longtime Four Winns employee Wendy Hunt remembers feelings of uncertainty and devastation when the boat manufacturer’s then-parent company filed for... Read more
March 17, 2010
Platinum Portfolio Company Ryerson and Industry Consolidation
Ryerson, a Platinum Equity portfolio company and Chicago based metal distributor and processor with service centers in the U.S. and Canada, is a key player in the ongoing consolidation of the 1,200-company, $153 billion metal services industry.Platinum acquired Ryerson in October 2007, and is preparing an initial public offering that may give it cash to fund purchases.Ryerson is a key player in the ongoing consolidation of the 1,200-company, $1... Read more
Ryerson, a Platinum Equity portfolio company and Chicago based metal distributor and processor with service centers in the U.S. and Canada, is a key p... Read more
Ryerson, a Platinum Equity portfolio company and Chicago based metal distributor and processor with service centers i. Read more
March 15, 2010
Matrix Telecom Acquires Excel Telecommunications from Denham Capital
DALLAS and BOSTON – March 15, 2010 - Matrix Telecom Inc. (“Matrix”), a Platinum Equity company and provider of voice and data services to small and medium enterprise and residential customers across the United States, and Denham Capital (“Denham”), an energy - and commodities-focused global private equity firm, today announced they have signed a definitive agreement for Matrix to acquire substantially all the customer relationships and ... Read more
DALLAS and BOSTON – March 15, 2010 - Matrix Telecom Inc. (“Matrix”), a Platinum Equity company and provider of voice and data services to small ... Read more
DALLAS and BOSTON – March 15, 2010 - Matrix Telecom Inc. (“Matrix”), a Platinum Equity company and provider of . Read more
