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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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May 02, 2019

Platinum Equity Completes Acquisition of Livingston International

(Los Angeles, May 2, 2019) – Platinum Equity today announced it has completed the acquisition of North American customs brokerage and trade services firm Livingston International. Headquartered in Toronto, Ontario, with U.S. headquarters in Chicago, Il, Livingston International is the largest pure-play customs brokerage in North America and boasts the widest presence along America’s northern border. It is also the third-largest customs entry filer in the United States. The company serves as a trusted adviser to more than 30,000 businesses globally, facilitating the completion and transm...

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May 10, 2019

Compart Systems to Acquire Alpha Precision & Engineering

Platinum Equity Portfolio Company to Expand Footprint with Add-On of Malaysian Precision Manufacturing Business LOS ANGELES (April 10, 2019) – Compart Systems, a portfolio company of Platinum Equity, announced today it has signed a definitive agreement to acquire Alpha Precision Turning & Engineering. Financial terms were not disclosed. The transaction is subject to regulatory approval and other customary closing conditions, and is expected to during Q2 2019. Compart is a supplier of high-precision, machined metal components including valves, fittings, sensors, and related componen...

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May 15, 2019

Platinum Equity to Sell Artesyn’s Embedded Power Business to Advanced Energy

Partial Divestiture Separates Artesyn’s Embedded Power, Embedded Computing and Consumer Products Businesses LOS ANGELES (May 15, 2019) – Platinum Equity announced today the signing of a definitive agreement to sell the Embedded Power business of portfolio company Artesyn Embedded Technologies, Inc., to Advanced Energy Industries, Inc. (Nasdaq: AEIS), in a transaction valued at approximately $400 million. The transaction is expected to close during the second half of 2019, subject to regulatory approval and other customary closing conditions. Artesyn Embedded Technologies has been a p...

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June 03, 2019

Platinum Equity Completes Acquisition of Spanish Seafood Provider Iberconsa from Portobello Capital

LOS ANGELES (June 3, 2019) – Platinum Equity today announced it has completed the acquisition of a majority stake in Grupo Ibérica de Congelados, S.A. (“Iberconsa”) from Portobello Capital and affiliates of the company’s founding families. Portobello Capital and members of the Iberconsa management team are co-investing alongside Platinum Equity. Financial terms were not disclosed. Headquartered in Vigo, Spain, Iberconsa is a global provider of frozen seafood products, including hake, Argentine red shrimp and squid. The company is vertically integrated across the full value chain, i...

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July 01, 2019

Multi-Color Corporation Acquired by Affiliate of Platinum Equity

CINCINNATI, OHIO, July 1, 2019 - Multi-Color Corporation ("Multi-Color Corporation" or the "Company") today announced that the anticipated acquisition of the Company by an affiliate of Platinum Equity, a leading private equity firm, is now complete.  At closing, Multi-Color Corporation merged with a subsidiary of WS Packaging, another label solutions leader within Platinum Equity's portfolio of companies. The combined company, which will be known as Multi-Color Corporation and headquartered in Cincinnati, is a $2.2 billion USD per annum revenue business with 86 plants in 26 countr...

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July 09, 2019

Platinum Equity Sells Artesyn’s Embedded Computing Business to SMART Global Holdings

LOS ANGELES (July 9, 2019) – Platinum Equity announced today the sale of the Embedded Computing business of portfolio company Artesyn Embedded Technologies, Inc. (“Artesyn”), to SMART Global Holdings, Inc. (“SMART”) (NASDAQ: SGH). The transaction is valued at approximately $80 million in cash at close, plus approximately $10 million of performance-based consideration that will be paid if certain agreed-upon targets are achieved over the second half of calendar year 2019. Artesyn has been a portfolio company of Platinum Equity since 2013. Artesyn’s Embedded Computing business ...

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