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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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July 11, 2019

Yak Access Acquires Klein’s Restoration Services

Platinum Equity Portfolio Company Strengthens Services Offering, Expands Footprint in Midwest LOS ANGELES (July 11, 2019) – Yak Access LLC, a portfolio company of Platinum Equity, announced today it has acquired Klein’s Restoration Services. Financial terms were not disclosed. Based in Canton, Ohio, Klein’s provides a broad range of services including restoration, matting, site development and construction, and traffic control solutions, primarily to the powerline industry. Yak Access, based in Columbia, Miss., is a comprehensive access solutions company providing matting solution...

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August 09, 2019

Wesco Aircraft Enters into Definitive Merger Agreement to be Acquired by Affiliate of Platinum Equity

VALENCIA Calif., August 9, 2019 – Wesco Aircraft Holdings Inc. (NYSE: WAIR), one of the world’s leading distributors and providers of comprehensive supply chain management services to the global aerospace industry, today announced that it has entered into a definitive merger agreement to be acquired by an affiliate of Platinum Equity in a transaction valued at approximately $1.9 billion. Upon closing, Wesco will be combined with Platinum Equity portfolio company Pattonair, a provider of supply chain management services for the aerospace and defense industries based in the United Kingdom...

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September 10, 2019

Platinum Equity Completes Sale of Artesyn’s Embedded Power Business to Advanced Energy

LOS ANGELES (September 10, 2019) – Platinum Equity announced today that the sale of the Embedded Power business of portfolio company Artesyn Embedded Technologies, Inc. to Advanced Energy Industries, Inc. (Nasdaq: AEIS) has been completed. The transaction is valued at approximately $400 million. The Embedded Power business is a leading global supplier and manufacturer of highly engineered power conversion products, including AC-DC power supplies, DC input devices and board mounted DC-DC modules. Artesyn Embedded Technologies has been a portfolio company of Platinum Equity since 2013. ...

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October 16, 2019

Platinum Equity Acquires TruckPro

LOS ANGELES (October 16, 2019) – Platinum Equity today announced the acquisition of TruckPro Holding Corporation (“TruckPro”) from Harvest Partners by an affiliate of Platinum Equity. Financial terms were not disclosed. Headquartered in Memphis, Tennessee, TruckPro is one of the nation’s largest independent distributors of heavy-duty truck and trailer parts. “TruckPro has an extensive national footprint and extraordinary range of products, but it’s the company’s people that set it apart,” said Platinum Equity Principal Jason Price. “Highly knowledgeable sales staff and ...

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October 22, 2019

Cision Ltd. Announces Agreement to Be Acquired by an Affiliate of Platinum Equity for $10.00 Per Share in All Cash Deal Valued at Approximately $2.74 Billion

Transaction Provides Immediate Value for Shareholders Acquisition Expected to Close in Q1 2020 CHICAGO, Oct. 22, 2019 /PRNewswire/ -- Cision Ltd. (NYSE: CISN), a leading global provider of software and services to public relations and marketing communications professionals, today announced that it has entered into a definitive agreement to be acquired by an affiliate of Platinum Equity in an all cash transaction valued at approximately $2.74 billion. Under the terms of the agreement, which has been unanimously approved by the members of Cision Ltd.'s board of directors, an affiliate...

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October 30, 2019

Platinum Equity Acquires Global Marine Contractor De Wave Group

LOS ANGELES (October 30, 2019) – Platinum Equity today announced the acquisition of De Wave Group from Xenon Private Equity. Financial terms were not disclosed. Headquartered in Genoa, Italy, De Wave is a marine contractor that specializes in cruise ship interiors, providing both new build and refit services to ship builders and cruise operators. “With more than 60 years in the maritime industry, De Wave is an experienced and highly respected partner to many of the world’s leading ship builders and operators,” said Platinum Equity Partner Louis Samson. “The company’s exceptio...

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