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.
News
Latest News
June 07, 2013
UNICOM Systems acquires U.S. Robotics from Platinum Equity
Los Angeles, CA and Schaumburg, IL (June 7, 2013) - UNICOM® Global is pleased to announce that its Founder, President and CEO, Mr. Corry Hong, today signed an all-cash deal to acquire U.S. Robotics Corporation, a Delaware corporation, and its domestic parent Rockstar Holding Corporation, as well as its US Subsidiary, U.S. Robotics Americas LLC, its UK Subsidiary, U.S. Robotics (U.K.) Limited, and its German Subsidiary, U.S. Robotics (Deutschland) GmbH (collectively USRobotics) from Platinum Equity. USRobotics, with its long history of communication innovation, will expand and build on UNIC...
Read moreMay 02, 2013
Platinum Equity Completes Acquisition of CheckView
LOS ANGELES, Calif. (May 2, 2013) – Platinum Equity announced today that it has completed the acquisition of CheckView from Checkpoint Systems, Inc. (NYSE: CKP). CheckView is a leading security systems integrator that provides physical and electronic security solutions exclusively for retail customers. The company markets fire and life safety alarm systems, intrusion alarm and access control systems, digital anti-theft video solutions, and central station monitoring services. “We are excited about the prospects for CheckView as an independent enterprise,” said Platinum Equity Par...
Read moreMay 01, 2013
Platinum Equity Completes Sale of Contego Healthcare Business
LOS ANGELES, Calif. (May 1, 2013) – Platinum Equity announced today it has completed the sale of Contego Healthcare Limited to FIL International Limited, a subsidiary of Filtrona plc, for cash consideration of approximately £160 million. The healthcare packaging business is one of Europe’s leading and most technically advanced packaging manufacturers and makes cartons, leaflets, self-adhesive labels, and printed foils for blister packs for the pharmaceutical and healthcare markets. The sale includes Contego Healthcare’s ten manufacturing sites in the UK, Italy, Germany, France and ...
Read moreApril 30, 2013
Integration of SMW and DMI Finalized, New Global Supplier Launched as “Chassix”
TROY, Mich., April 30, 2013 – The formation of a new automotive enterprise was announced today with the launch of Chassix, the automotive industry’s largest single integrated resource for precision chassis casting and machining solutions. Chassix was formed following Platinum Equity’s purchase and subsequent integration of the Diversified Machine, Inc. (DMI) and SMW Automotive, LLC (SMW) businesses, resulting in the creation of a $1.2 billion global automotive supplier. Robert J. (Bob) Remenar will serve as president and CEO of the newly integrated business. “There is a huge dem...
Read moreMarch 25, 2013
Checkpoint Systems, Inc. Announces Definitive Agreement To Sell U.S. and Canadian Checkview® Business
Thorofare, New Jersey, March 25, 2013 - Checkpoint Systems, Inc. (NYSE: CKP) today announced that it has entered into a definitive agreement to sell its U.S. and Canadian CheckView business to an affiliate of Platinum Equity, a California-based private equity firm. The sale includes all continuing business operations and assets associated with the U.S. and Canadian CheckView business. The transaction is expected to close by the end of April 2013. The divestiture follows an extensive review of Checkpoint’s businesses in 2012 at which time the Company’s Board of Directors determined tha...
Read moreMarch 25, 2013
Mayor Bing Announces Unprecedented Corporate Partnership to Improve Public Safety in Detroit's Neigborhoods
03/25/2013 – Detroit Mayor Dave Bing announced today that Detroit’s corporate community is supporting his Active and Safe Campaign with an $8 million contribution that will be used to replace the entire fleet of 23 ambulances for the Detroit Fire Department’s Emergency Medical Services (EMS) Division and provide 100 new patrol cars for the Detroit Police Department. Mayor Bing was joined at today’s news conference by Roger Penske, founder and chairman of Penske Corporation, and by other members of contributing corporations and foundations who are working in conjunction with the Down...
Read more
Post 
In 
Email 
Copy link