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LOS ANGELES (July 23, 2024) – Platinum Equity announced today the signing of a definitive agreement to acquire GSM Outdoors from Gridiron Capital.Financial terms were not disclosed. The acquisition is expected to be complet...
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Platinum Equity Completes Sale of Hunterstown Power
July 22, 2024
LOS ANGELES (July 19, 2024) – Platinum Equity announced today that the sale of the Hunterstown power generation facility and related assets to LS Power has been completed.Financial terms were not disclosed.Located in Gettys...
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Platinum Equity Invests in HVAC/R Distributor Motors & Armatures
July 18, 2024
Firm to partner with MARS’ current shareholders and management team, which will continue as equity partners Transaction extends momentum of Platinum Equity’s Small Cap team LOS ANGELES (July 17, 2024) – Platinum E...
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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
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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
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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
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
