News

News
Filter By
Sort by: New | Old

January 26, 2010

Platinum Portfolio Company Ryerson Acquires Texas Steel Processing, Inc.

Chicago, IL -- Ryerson Inc. announced today that Joseph T. Ryerson & Son, Inc., Ryerson’s wholly-owned subsidiary, has acquired Texas Steel Processing, Inc. (TSPI), a steel plate fabricator based out of Houston, Texas, for an aggregate purchase price of approximately $11.4 million.  TSPI was founded in 1995 under the name Texas Plate Processing, Inc. and in 2001 became Texas Steel Processing, Inc. when it was purchased by the current owner... Read more

Chicago, IL -- Ryerson Inc. announced today that Joseph T. Ryerson & Son, Inc., Ryerson’s wholly-owned subsidiary, has acquired Texas Steel Proc... Read more

Chicago, IL -- Ryerson Inc. announced today that Joseph T. Ryerson & Son, Inc., Ryerson’s wholly-owned subsidia. Read more

January 19, 2010

Platinum Equity Acquires OAO Technology Solutions

Los Angeles, CA and Greenbelt, MD (January 19, 2010) — Platinum Equity announced today it has acquired OAO Technology Solutions, Inc. (“OAOT”) from an affiliate of J.F. Lehman & Company and the other stockholders of OAOT. Terms of the transaction were not disclosed. OAOT provides managed IT services and solutions for Fortune 500 corporations, global outsourcers and government agencies.“OAOT has long-standing relationships with valued... Read more

Los Angeles, CA and Greenbelt, MD (January 19, 2010) — Platinum Equity announced today it has acquired OAO Technology Solutions, Inc. (“OAOT”) f... Read more

Los Angeles, CA and Greenbelt, MD (January 19, 2010) — Platinum Equity announced today it has acquired OAO Technolo. Read more

January 07, 2010

Platinum Equity Portfolio Company DAUM Commercial Real Estate Services at Annual AIR Broker Panel

Dennis L. Sandoval of DAUM Commercial Real Estate Services spoke at AIR Commercial Real Estate Association’s 17th Annual Market Review & Forecast at The Jonathan Club in downtown Los Angeles. The event featured an expert panel of Los Angeles-area commercial brokers, whose commentary focused on the region’s nine submarkets, the noteworthy market events of the past year, and forecasting prospects for 2010.The AIR Review & Forecast, whic... Read more

Dennis L. Sandoval of DAUM Commercial Real Estate Services spoke at AIR Commercial Real Estate Association’s 17th Annual Market Review & Forecas... Read more

Dennis L. Sandoval of DAUM Commercial Real Estate Services spoke at AIR Commercial Real Estate Association’s 17th A. Read more

January 05, 2010

Platinum Equity’s CFO Featured in Treasury & Risk Magazine's

Treasury & Risk, a leading finance industry magazine, profiled Platinum’s CFO Mary Ann Sigler as one of three “CFOs To Watch.” The article highlights Sigler’s essential role at Platinum and particularly in its success during the recent economic downturn. Sigler discusses Platinum’s focus on buying solid, fundamentally sound companies that are underperforming and would benefit from Platinum’s operational expertise and resources. Sh... Read more

Treasury & Risk, a leading finance industry magazine, profiled Platinum’s CFO Mary Ann Sigler as one of three “CFOs To Watch.” The article h... Read more

. Read more

December 17, 2009

Platinum Equity Portfolio Company 3B Appoints Agent In India

3B, a Belgium-based glass fiber reinforcements manufacturer, appointed Essen International as its non-exclusive agent for India. The appointment dovetailed with 3B’s plans to develop its business in Asia, particularly in the rapidly expanding markets of India and China. The strategy also enabled to 3B partner with an innovative local Indian company, while Essen expanded its product portfolio into roving, continuous filament mat, and chopped str... Read more

3B, a Belgium-based glass fiber reinforcements manufacturer, appointed Essen International as its non-exclusive agent for India. The appointment dovet... Read more

3B, a Belgium-based glass fiber reinforcements manufacturer, appointed Essen International as its non-exclusive agent. Read more

November 01, 2009

Platinum Equity Portfolio Company San Diego Union-Tribune Gets Sunny New Look

The San Diego Union-Tribune gave its 14-year-old web site, www.signonsandiego.com a makeover that included a new design, improved navigation, and compelling new content from a wide range of partners.The upgrades were the first steps in a transformation that included local bloggers and other community-driven content. By combining the power of local news with easy online access, the Union-Tribune transcended its role as a news source and became a l... Read more

The San Diego Union-Tribune gave its 14-year-old web site, www.signonsandiego.com a makeover that included a new design, improved navigation, and comp... Read more

The San Diego Union-Tribune gave its 14-year-old web site, www.signonsandiego.com a makeover that included a new desi. Read more

September 25, 2009

Pomeroy IT Solutions, Inc. Announces Agreement to be Acquired by Platinum Equity for $6.50 Per Share

HEBRON, KY September 25 -- Pomeroy IT Solutions, Inc. (Nasdaq: PMRY), an information technology ("IT") solutions provider (the "Company"), announced today that it has entered into a definitive merger agreement to be acquired by affiliates of private equity firm Platinum Equity, LLC. Under the terms of the merger agreement, Platinum Equity, through its affiliates, will acquire all of the outstanding common stock of the Company for $6.50 per share.... Read more

HEBRON, KY September 25 -- Pomeroy IT Solutions, Inc. (Nasdaq: PMRY), an information technology ("IT") solutions provider (the "Company"), announced t... Read more

HEBRON, KY September 25 -- Pomeroy IT Solutions, Inc. (Nasdaq: PMRY), an information technology ("IT") solutions prov. Read more

July 01, 2009

Platinum Equity Acquires Geesinknorba from Oshkosh Corporation

LOS ANGELES, CA (July 1, 2009) – Platinum Equity today announced it has completed the acquisition of The Geesink Norba Group from Oshkosh Corporation (NYSE:OSK). The company, which has recently been rebranded GEESINKNORBA, is based in Emmeloord, The Netherlands, and is a leading European manufacturer of refuse collection vehicles (RCVs).“GEESINKNORBA is an established business with talented employees and long-standing relationships with value... Read more

LOS ANGELES, CA (July 1, 2009) – Platinum Equity today announced it has completed the acquisition of The Geesink Norba Group from Oshkosh Corporatio... Read more

LOS ANGELES, CA (July 1, 2009) – Platinum Equity today announced it has completed the acquisition of The Geesink No. Read more