PlayPower to Acquire BCI Burke
Acquisition to combine two strong, vibrant cultures committed to creating legendary play experiencesHuntersville, NC, (...
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December 11, 2014
Platinum Equity To Sell Fishing Boat Business To Bass Pro Group
LOS ANGELES, CA (December 11, 2014) – Platinum Equity today announced the signing of a definitive agreement to sell Fishing Holdings, LLC, the Flippin, Arkansas-based manufacturer of the Ranger Boats, Stratos and Triton fishing boat brands, to Bass Pro Group, LLC.The pending transaction is subject to regulatory approval and customary closing conditions. Financial terms of the agreement were not disclosed.Platinum Equity acquired Ranger Boats and Stratos as part of a larger portfolio of boat brands in February 2010 from Genmar Holdings, Inc., through a transaction conducted under Section 36...
Read moreNovember 21, 2014
David Boutry Joins Platinum Equity As Global Head Of Business Development
Former Deutsche Bank Managing Director to Lead Platinum Equity’s Dedicated Sourcing and Origination TeamLOS ANGELES, CA, Nov. 21, 2014. Platinum Equity announced today that David C. Boutry has joined the firm as a principal and head of the firm’s global business development team. He is based in Los Angeles and oversees Platinum’s deal origination resources around the world.“Dave is an experienced and creative senior executive who will drive the continued expansion of our global business development platform,” said Platinum Equity Chairman and CEO Tom Gores. “Platinum’s deal sour...
Read moreNovember 12, 2014
Platinum Equity Portfolio Company Schutt Sports Acquires Additional Adams USA Assets
Purchase Brings Remaining Adams USA Brands Under the Schutt Umbrella; Breathes New Life into Iconic Name in American Sporting Goods November 12, 2014 – LOS ANGELES – Platinum Equity portfolio company Schutt Sports, a leading domestic manufacturer of protective sports equipment and aftermarket reconditioning services, today announced the acquisition of additional assets of Adams USA. In 2011, Schutt acquired the Adams USA football helmet and faceguard assets. The transaction announced today brings the remaining Adams USA brands and product lines under the Schutt umbrella, including the...
Read moreNovember 07, 2014
Platinum Equity Completes Acquisition of Pressure Sensitive Materials Business From Bemis
LOS ANGELES (Nov. 7, 2014) – Platinum Equity today announced it has completed the acquisition of the global Pressure Sensitive Materials business known as “MACtac” from Bemis Company, Inc. (NYSE:BMS). MACtac is a manufacturer and distributor of pressure sensitive labels with manufacturing locations in North America and Europe and sales offices and distribution centers in North America, Europe and Asia. The company’s products are used in a wide range of industries including label printing, graphic design, packaging, digital imaging, retail display, fleet graphics, assembly engineerin...
Read moreNovember 03, 2014
Platinum Equity Completes Transworld Systems Acquisition
Expert Global Solutions Completes Sale of Certain Segments of Accounts Receivable Management Business to Platinum EquityTim Galloway to Lead Transworld Systems Going Forward Plano, Tex., and Los Angeles, Calif. — Nov. 3, 2014 — Expert Global Solutions (EGS) and Platinum Equity announced today that the sale of certain segments of EGS’s Accounts Receivable Management (ARM) business to Platinum Equity has been completed. Financial terms of the transaction were not disclosed. EGS is a global leader in the Business Process Outsourcing (BPO) industry and Platinum Equity is a Los Angeles-ba...
Read moreOctober 29, 2014
Platinum Equity Acquires Terratest
Operations-Focused Investment Firm Recapitalizes Ground Engineering Specialist LOS ANGELES and MADRID (Oct. 29, 2014) – Platinum Equity today announced it has acquired a majority interest in ground engineering firm Grupo Terratest (“Terratest”). Financial terms of the transaction were not disclosed. Headquartered in Madrid and providing services around the world, Terratest is a specialized international contractor providing foundation work, ground improvement and micro-tunneling services for large-scale infrastructure projects and industrial, commercial and residential construction...
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