News
DETROIT - An event co-sponsored by the Detroit Pistons, the NBA and a variety of government and support organizations aimed to give more than 170 formerly incarcerated citizens a second chance through legal assistance and job...
Latest Article
Latest Article
Platinum Equity’s outreach program for the Jalen Rose Leadership Academy provides mentorship, scholarships. And genuine fun.
April 15, 2024
DETROIT – Roaring laughter - and a little friendly trash talk - was heard in the Little Caesars Arena interview room only minutes before the start of the Detroit Pistons game against the Indiana Pacers on March 20. Jalen ...
Latest Article
Latest Article
How Winc management team, Platinum Equity ops ‘rose to the occasion’ to pull off turnaround for customers in Australia, New Zealand
April 03, 2024
SYDNEY – The distribution center west of Australia’s largest city is operating efficiently on the warm September day.Winc Supply Chain Director Chris Fox proudly takes visitors by rows of empty pallets neatly stacked near...
Latest Article
May 09, 2023
Platinum Equity Co-President Jacob Kotzubei talks importance of creativity, ability to ‘meet the moment’ at Milken Institute Global Conference
Platinum Equity executive Jacob Kotzubei was invited to participate in a panel discussion during the recent 26th annual Milken Institute Global Conference. Kotzubei joined a lineup of prominent investment bankers, institutional investors, celebrities like hip-hop pioneer Snoop Dogg and politicians like U.S. Senator Joe Manchin at the bipartisan think tank’s annual gathering to promote progress and prosperity. Kotzubei, who was recently promoted... Read more
Platinum Equity executive Jacob Kotzubei was invited to participate in a panel discussion during the recent 26th annual Milken Institute Global Confer... Read more
Platinum Equity executive Jacob Kotzubei was invited to participate in a panel discussion during the recent 26th annu. Read more
May 15, 2023
Solenis’ newest European facility shows company’s commitment to R&D
MÖNCHENGLADBACH, Germany – On a sunny day in west Germany, Solenis officially welcomed its newest research and development facility with a ribbon-cutting ceremony. Witnessed by a cheerful audience of C-suite executives, employees and local government officials, Solenis CEO John Panichella and Chief Sustainability Officer Lotta Kanto Öqvist did the honors in officially christening the $5 million investment from the global manufacturer of sp... Read more
MÖNCHENGLADBACH, Germany – On a sunny day in west Germany, Solenis officially welcomed its newest research and development facility with a ribbon-c... Read more
MÖNCHENGLADBACH, Germany – On a sunny day in west Germany, Solenis officially welcomed its newest research and dev. Read more
May 23, 2023
LRG, a Mad Engine brand division, launches its first sustainable capsule to honor Earth Day
LRG, a brand division of Mad Engine, launched its first sustainable capsule in April to honor Earth Day 2023. In the fashion industry, a capsule is a limited-edition apparel collection that correlates with an important moment or event. LRG's Earth Day capsule utilizes organic cotton and recycled materials. The initiative is part of Mad Engine’s MadSustainable program that was launched in 2019. “We continue to improve our efforts to be a... Read more
LRG, a brand division of Mad Engine, launched its first sustainable capsule in April to honor Earth Day 2023. In the fashion industry, a capsule is... Read more
LRG, a brand division of Mad Engine, launched its first sustainable capsule in April to honor Earth Day 2023. In t. Read more
June 09, 2023
TruckPro’s charitable giving program raises $125,000 for St. Jude’s Research Hospital, other charities
TruckPro announced a donation of $125,000 to charities that support veterans, children’s cancerresearch and underserved communities during its annual sales summit in March.The beneficiaries of the TruckPro Gives Back program were the Wounded Warrior Project and The War Amps ($55,000combined), St. Jude Children’s Research Hospital ($40,000), and the Salvation Army in the U.S. and Canada ($30,000). The company’s annual giving program is volu... Read more
TruckPro announced a donation of $125,000 to charities that support veterans, children’s cancerresearch and underserved communities during its annua... Read more
TruckPro announced a donation of $125,000 to charities that support veterans, children’s cancerresearch and underse. Read more
June 21, 2023
How Club Car is assisting Georgia-based charities through annual sponsorship of Korn Ferry Tour event
At 32, Ironman triathlete Molly Barker’s struggles with alcohol abuse and addiction inspired her to start a Charlotte, N.C.-based program to help young girls navigate life experiences. Since then, Girls on the Run has grown into a national program impacting more than two million girls. Girls on the Run Coastal Georgia is one of Club Car’s charitable partners benefiting from the golf cart and utility vehicle manufacturer’s annual sponsorsh... Read more
At 32, Ironman triathlete Molly Barker’s struggles with alcohol abuse and addiction inspired her to start a Charlotte, N.C.-based program to help y... Read more
At 32, Ironman triathlete Molly Barker’s struggles with alcohol abuse and addiction inspired her to start a Charlo. Read more
July 02, 2023
Platinum Equity Acquires JELD-WEN Australasia Windows and Doors Business
LOS ANGELES, July 2, 2023 — Platinum Equity announced today that the acquisition of the JELD-WEN Australasia windows, doors and related building products business from JELD-WEN Holding, Inc. for approximately $461 million has been completed. “We are pleased to have provided a divestiture solution to JELD-WEN as the company continues to streamline and simplify its business,” said Platinum Equity Co-President Louis Samson. “Platinum has ... Read more
LOS ANGELES, July 2, 2023 — Platinum Equity announced today that the acquisition of the JELD-WEN Australasia windows, doors and related building pro... Read more
LOS ANGELES, July 2, 2023 — Platinum Equity announced today that the acquisition of the JELD-WEN Australasia window. Read more
July 05, 2023
Solenis Completes Acquisition of Diversey for $4.6 Billion
Deal combines two industry leaders in adjacent but highly complementary marketsWILMINGTON, Del. (USA) — Solenis, a leading manufacturer of specialty chemicals used in water-intensive industries, has completed its previously announced acquisition of Diversey Holdings, Ltd., effective July 5, in an all-cash transaction valued at an enterprise value of approximately $4.6 billion. Diversey is a leading provider of hygiene, infection prevention and ... Read more
Deal combines two industry leaders in adjacent but highly complementary marketsWILMINGTON, Del. (USA) — Solenis, a leading manufacturer of specialty... Read more
Deal combines two industry leaders in adjacent but highly complementary marketsWILMINGTON, Del. (USA) — Solenis, a . Read more
July 06, 2023
Platinum Equity, Solenis executives: Diversey merger creates broader, more global platform
Announced earlier this year, Solenis has formally acquired Diversey in an all-cash transaction valued at $4.6 billion. Headquartered in Wilmington, Del., Solenis is a global manufacturer of specialty chemicals used in water-intensive industries. Platinum Equity acquired Solenis in 2021. Diversey is a global provider of hygiene, infection prevention and cleaning solutions based in Fort Mill, S.C. Diversey distributes familiar brands like Lys... Read more
Announced earlier this year, Solenis has formally acquired Diversey in an all-cash transaction valued at $4.6 billion. Headquartered in Wilmington,... Read more
Announced earlier this year, Solenis has formally acquired Diversey in an all-cash transaction valued at $4.6 billion. Read more
July 17, 2023
Platinum Equity to Acquire Horticultural Container Manufacturer HC Companies
LOS ANGELES, July 17, 2023 — Platinum Equity announced today the signing of a definitive agreement to acquire The HC Companies, a leading North American manufacturer of horticultural containers. Financial terms were not disclosed. The transaction is expected to close in the next several weeks, subject to certain closing conditions. Headquartered in Twinsburg, Ohio, HC operates six manufacturing locations and distribution centers in the US... Read more
LOS ANGELES, July 17, 2023 — Platinum Equity announced today the signing of a definitive agreement to acquire The HC Companies, a leading North Amer... Read more
LOS ANGELES, July 17, 2023 — Platinum Equity announced today the signing of a definitive agreement to acquire The H. Read more
July 25, 2023
Platinum Equity Credit Team Announces Financing to Support Acquisition of Tom Barrow Company
LOS ANGELES, July 25, 2023 — Platinum Equity announced today it provided an unsecured term loan to the Tom Barrow Company in connection with Ardian’s recent acquisition of a majority stake in the business. Tom Barrow is a leading supplier of design-assist engineering and manufacturers’ representation services to the commercial HVAC industry across healthcare, life sciences, education, government, industrial and other commercial end marke... Read more
... Read more
LOS ANGELES, July 25, 2023 — Platinum Equity announced today it provided an unsecured term loan to the Tom Barrow C. Read more
