News
APPLING, Ga. - With elected officials and area business leaders on hand, Club Car officially opened its new manufacturing facility recently with a ribbon-cutting ceremony. Club Car CEO Mark Wagner and Georgia Governor Brian ...
Latest Article
Latest Article
Platinum Equity Partner Mark Barnhill, Detroit Pistons host second-chance event in Detroit
April 19, 2024
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
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
March 03, 2010
Platinum Equity Principal Mark Barnhill to Speak at Private Equity Landscape Event
March 3rd, 2010 4:00 pm to 8:00 pm · Briefing and Cocktail Reception · The Beverly Wilshire Hotel, Beverly Hills, CA Private Equity Landscape: Trends and Developments to Follow in 2010This event will feature speakers from Platinum Equity, Paul Hastings, Alvarez & Marsal, and other industry leaders.The briefing will include thoughts and discussion on how the events and changes in the market over the last year have transformed the way... Read more
March 3rd, 2010 4:00 pm to 8:00 pm · Briefing and Cocktail Reception · The Beverly Wilshire Hotel, Beverly Hills, CA Private Equity Landscap... Read more
March 3rd, 2010 4:00 pm to 8:00 pm · Briefing and Cocktail Reception · The Beverly Wilshire Hotel, Beverly Hills, C. Read more
March 01, 2010
Platinum Portfolio Company Ranger Boats on Boating Magazine Top Ten List
Ranger Boats, an Arkansas based manufacturer of premium fiberglass fishing boats, is featured in the Boating Magazine annual feature of the best boats of the year. Hundreds of models were judged under stringent selection criteria with Ranger’s all-new Z521 Comanche earning the prestigious honor of placing on the Top Ten list.Platinum acquired Ranger Boats as part of its February 2010 acquisition of Genmar, a suite of recreational and fishing bo... Read more
Ranger Boats, an Arkansas based manufacturer of premium fiberglass fishing boats, is featured in the Boating Magazine annual feature of the best boats... Read more
Ranger Boats, an Arkansas based manufacturer of premium fiberglass fishing boats, is featured in the Boating Magazine. Read more
February 23, 2010
Platinum Equity to Combine Pomeroy IT Solutions, Inc. and OAO Technology Solutions
Los Angeles, CA, Hebron, KY and Greenbelt, MD — February 23, 2010 — Platinum Equity announced today that it will combine Pomeroy IT Solutions, Inc. and OAO Technology Solutions, Inc. (“OAOT”), creating a single global IT solutions provider with increased scale, broader reach and expanded service offerings.“Pomeroy and OAOT are both recognized industry leaders with unique and complementary product and service offerings,” said Jacob Kot... Read more
Los Angeles, CA, Hebron, KY and Greenbelt, MD — February 23, 2010 — Platinum Equity announced today that it will combine Pomeroy IT Solutions, Inc... Read more
Los Angeles, CA, Hebron, KY and Greenbelt, MD — February 23, 2010 — Platinum Equity announced today that it will . Read more
February 12, 2010
Platinum Equity Portfolio Company San Diego Union-Tribune Names New Editor
Platinum Equity portfolio company the San Diego Union-Tribune named Jeff Light to take the reins as the newspaper’s top editor. Light brings almost three decades of journalism experience to the Union-Tribune and is known for pushing newspapers toward online innovation.Before joining the Union-Tribune, Light was with The Orange County Register where he was Vice President of Interactive and oversaw the paper’s Web sites, which doubled in traffi... Read more
Platinum Equity portfolio company the San Diego Union-Tribune named Jeff Light to take the reins as the newspaper’s top editor. Light brings almost ... Read more
Platinum Equity portfolio company the San Diego Union-Tribune named Jeff Light to take the reins as the newspaper’s. Read more
February 10, 2010
Platinum Portfolio Company Acument Global Technologies’ Saturn<sup>®</sup> Fasteners Operation Earns Silver Boeing Performance Excellence Award
BURBANK, Calif. (February 10, 2010) – Aerospace fastener manufacturer Saturn® Fasteners, Inc., an operation of Acument Global Technologies, today announced it has received a 2009 Boeing Performance Excellence Award. The Boeing Company issues the award annually to recognize suppliers achieving superior levels of performance. Saturn Fasteners, located in Burbank, Calif., received the award for the second consecutive year by maintaining a minim... Read more
BURBANK, Calif. (February 10, 2010) – Aerospace fastener manufacturer Saturn® Fasteners, Inc., an operation of Acument Global Technologies, today a... Read more
BURBANK, Calif. (February 10, 2010) – Aerospace fastener manufacturer Saturn® Fasteners, Inc., an operation of Acu. Read more
February 03, 2010
BoatTEST.com Covers Platinum Equity's Purchase of Genmar
BoatTEST.com, a leading resource for marine and boating industry information, discussed the closing of Platinum’s acquisition of Genmar. BoatTEST commented on Platinum’s reputation for professionalism, integrity, and no non-sense operations. The Web site also framed Platinum as a welcomed, and much needed, addition to the boating industry.The acquisition included the Ranger, Stratos, Champion, Wellcraft, Four Winns, and Glastron boat brands; ... Read more
BoatTEST.com, a leading resource for marine and boating industry information, discussed the closing of Platinum’s acquisition of Genmar. BoatTEST co... Read more
BoatTEST.com, a leading resource for marine and boating industry information, discussed the closing of Platinum’s a. Read more
February 02, 2010
Platinum Equity Completes Acquisition of Genmar Assets
LOS ANGELES, CA -- (Marketwire - February 2, 2010) - Platinum Equity announced today that it has completed the acquisition of several boat brands and related assets from Genmar Holdings, Inc., through a transaction conducted under Section 363 of the U.S. Bankruptcy Code. The U.S. Bankruptcy Court for the District of Minnesota approved the transaction on January 13, 2010.The acquisition includes the Ranger, Stratos, Champion, Wellcraft, Four Winns... Read more
LOS ANGELES, CA -- (Marketwire - February 2, 2010) - Platinum Equity announced today that it has completed the acquisition of several boat brands and ... Read more
LOS ANGELES, CA -- (Marketwire - February 2, 2010) - Platinum Equity announced today that it has completed the acquis. Read more
February 02, 2010
Platinum Equity Finds Safe Harbor in Ranger Boats
As part of its acquisition of Genmar, Platinum assumed ownership of venerable boating brand Ranger Boats, which is among the nation's largest manufacturer of premium fiberglass fishing boats.Ranger embraced the new ownership and emphasized its full support of Platinum. The boating company will benefit from a new capital structure and will maintain focus on building the highest quality fishing boats in the industry. Ranger entered 2010 with the st... Read more
As part of its acquisition of Genmar, Platinum assumed ownership of venerable boating brand Ranger Boats, which is among the nation's largest manufact... Read more
As part of its acquisition of Genmar, Platinum assumed ownership of venerable boating brand Ranger Boats, which is am. Read more
January 27, 2010
Platinum Equity Portfolio Company Ryerson Strengthens Presence in Houston, TX
Chicago-based metals processor and distributor Ryerson Inc. acquired the Houston, Texas-based steel plate fabricator Texas Steel Processing, Inc. The acquisition followed Ryerson’s filing for an initial public offering earlier in the week.Ryerson expects the acquisition to strengthen its presence in the region. The company’s executive vice president and chief financial officer, Terence R. Rogers, said the transaction would “expand our produ... Read more
Chicago-based metals processor and distributor Ryerson Inc. acquired the Houston, Texas-based steel plate fabricator Texas Steel Processing, Inc. The ... Read more
Chicago-based metals processor and distributor Ryerson Inc. acquired the Houston, Texas-based steel plate fabricator . Read more
