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Club Car provides fleet of solar-powered vehicles at the Ryder Cup for the first time in event historyFor the first time in Ryder Cup history, most of the event fleet cars were solar powered.And Club Car, the Georgia-based go...
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Kohler Co. to Establish Energy Division as Independent Business with Platinum Equity as Majority Interest Partner, Accelerating Long-Term Growth Strategies for both Organizations
November 06, 2023
Standalone business providing energy resilience solutions expected to benefit from Platinum Equity’s carve-out experience and operational expertise LOS ANGELES (Nov. 6, 2023) – Kohler Co. today announced the strategic de...
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Platinum Equity’s involvement in the Malibu Triathlon helps Children’s Hospital Los Angeles raise money for pediatric cancer research
November 01, 2023
MALIBU, Calif. – Platinum Equity associate Lindsay Saldebar knows firsthand the impact Children’s Hospital Los Angeles has on the community. That’s why when she learned that Platinum Equity’s annual involvement in ...
June 01, 2006
Platinum Equity Signs Definitive Agreement to Acquire Textron Fastening Systems
Acquisition Represents Extension of Platinum’s Global Reach; Unit Serves Customers in 150+ Countries, Has Revenue of Approximately $1.8 BillionLOS ANGELES (June 1, 2006) – Platinum Equity announced today that it has signed a definitive agreement to acquire Textron Fastening Systems, a premier global provider of fastening technologies and services to customers in a broad range of industries.The seller is Textron Inc. (NYSE: TXT), which announc... Read more
Acquisition Represents Extension of Platinum’s Global Reach; Unit Serves Customers in 150+ Countries, Has Revenue of Approximately $1.8 BillionLOS A... Read more
Acquisition Represents Extension of Platinum’s Global Reach; Unit Serves Customers in 150+ Countries, Has Revenue o. Read more
May 31, 2006
Platinum Equity Acquires Metals Supply Company Ltd. As Add-On to Steel Services Platform PNA Group
Complementary Business Will Extend PNA’s Reach in North AmericaLOS ANGELES (June 7, 2006) – Platinum Equity announced today that it has acquired Metals Supply Co. Ltd. (“MSC”), a large regional steel service center and distributor with annual revenue in excess of $100 million. The business will be integrated with PNA Group, a $1.5 billion revenue steel service and distribution platform that was acquired by Platinum Equity in May 2006.“M... Read more
Complementary Business Will Extend PNA’s Reach in North AmericaLOS ANGELES (June 7, 2006) – Platinum Equity announced today that it has acquired M... Read more
Complementary Business Will Extend PNA’s Reach in North AmericaLOS ANGELES (June 7, 2006) – Platinum Equity annou. Read more
May 10, 2006
Platinum Equity Signs Definitive Agreement to Sell NextiraOne Europe to ABN AMRO Capital
Under Platinum’s Guidance, the Former Alcatel Business Unit Made a Successful Transition to Standalone Company, and Became One of Europe’s Leading Communications Service Providers LOS ANGELES and PARIS (May 10, 2006) – Platinum Equity announced today that it has agreed to sell portfolio company NextiraOne Europe to ABN AMRO Capital France, the French private equity business of ABN AMRO Capital. The transaction, subject ... Read more
Under Platinum’s Guidance, the Former Alcatel Business Unit Made a Successful Transition to Standalone Company, and Became One of Europe’s Lea... Read more
Under Platinum’s Guidance, the Former Alcatel Business Unit Made a Successful Transition to Standalone Company, a. Read more
May 10, 2006
Platinum Equity Completes Acquisition of PNA Group, Inc.
LOS ANGELES (May 10, 2006) – Platinum Equity announced today that it has completed the acquisition of PNA Group, Inc., a leading processor and distributor of steel products with annual revenue of approximately $1.2 billion. The transaction was announced in February. The seller is TUI AG, the largest travel and tourism company in Europe, which has been divesting non-core industrial holdings in order to focus on its core tour... Read more
LOS ANGELES (May 10, 2006) – Platinum Equity announced today that it has completed the acquisition of PNA Group, Inc., a leading processor and d... Read more
LOS ANGELES (May 10, 2006) – Platinum Equity announced today that it has completed the acquisition of PNA Group, . Read more
March 24, 2006
Platinum Equity to Acquire Americatel Corp.
Chile’s Entel to Divest its Shares in Telecommunications Carrier LOS ANGELES, Calif. (March 24, 2006) – Platinum Equity and Empresa Nacional de Telecommunications (“Entel”) announced today a definitive agreement for Platinum to acquire Entel’s holdings in Americatel Corporation, one of the largest U.S.-based providers of telecommunications services to the North American Hispanic market. Under the agreement, Platinum will acquire... Read more
Chile’s Entel to Divest its Shares in Telecommunications Carrier LOS ANGELES, Calif. (March 24, 2006) – Platinum Equity and Empresa Nacional d... Read more
Chile’s Entel to Divest its Shares in Telecommunications Carrier LOS ANGELES, Calif. (March 24, 2006) – Plati. Read more
February 15, 2006
Platinum Equity Signs Definitive Agreement to Acquire PNA Group, Inc. from TUI AG
Acquisition Will Expand Platinum’s Holdings in Steel Services SectorLOS ANGELES (February 15, 2006) – Platinum Equity announced today that it has signed a definitive agreement to acquire PNA Group, Inc., a leading processor and distributor of steel products with annual revenue of approximately $1.2 billion.The seller is TUI AG, the largest travel and tourism company in Europe, which has been divesting non-core industrial holdings in order to ... Read more
Acquisition Will Expand Platinum’s Holdings in Steel Services SectorLOS ANGELES (February 15, 2006) – Platinum Equity announced today that it has ... Read more
Acquisition Will Expand Platinum’s Holdings in Steel Services SectorLOS ANGELES (February 15, 2006) – Platinum Eq. Read more
January 18, 2006
Platinum Equity Acquires Boyd Coddington Wheels; Hires Robert Swelgin to Lead American Racing
Investment firm continues building presence in automotive aftermarket LOS ANGELES (January 17, 2006) – Platinum Equity announced today that it has acquired Boyd Coddington specialty wheels from NRG Motorsports, Inc., a manufacturer and international distributor of automotive aftermarket parts and accessories. Platinum also announced an executive appointment involving its flagship company in the automotive aftermarket, naming Robert Swelgin as t... Read more
Investment firm continues building presence in automotive aftermarket LOS ANGELES (January 17, 2006) – Platinum Equity announced today that it has a... Read more
Investment firm continues building presence in automotive aftermarket LOS ANGELES (January 17, 2006) – Platinum Equ. Read more
January 05, 2006
Platinum Equity Completes Sale of ACR Logistics to Kuehne + Nagel International
Operational Performance and Enterprise Value Grew Dramatically Under Platinum Ownership LOS ANGELES (October 17, 2005) – Platinum Equity announced today that it has agreed to sell portfolio company ACR Logistics to Kuehne + Nagel International AG, one of world’s largest logistics companies. The agreement values ACR Logistics at nearly €500 million euros. The transaction, which is subject to regulatory approval, is expected to ... Read more
Operational Performance and Enterprise Value Grew Dramatically Under Platinum Ownership LOS ANGELES (October 17, 2005) – Platinum Equity a... Read more
Operational Performance and Enterprise Value Grew Dramatically Under Platinum Ownership LOS ANGELES (Octobe. Read more
January 04, 2006
Platinum Equity Appoints CEO and CFO for its New Company, Turf Care Supply Corp.
Chief Executive Officer is William J. Milowitz; Chief Financial Officer is Richard C. NiheiLOS ANGELES (January 5, 2006) – Platinum Equity announced today that William J. Milowitz has been appointed as Chief Executive Officer and Richard C. Nihei has been appointed Chief Financial Officer of Turf Care Supply Corp., the firm’s newly created manufacturer and distributor of professional turf care products and supplies.Turf Care Supply was establ... Read more
Chief Executive Officer is William J. Milowitz; Chief Financial Officer is Richard C. NiheiLOS ANGELES (January 5, 2006) – Platinum Equity announced... Read more
Chief Executive Officer is William J. Milowitz; Chief Financial Officer is Richard C. NiheiLOS ANGELES (January 5, 20. Read more
January 03, 2006
Platinum Equity's Matrix Telecom Completes Acquisition of Global Crossing's Small Business Group
Transaction Includes Long-term Carrier Services AgreementLOS ANGELES (January 3, 2006) – Platinum Equity announced today that its portfolio company Matrix Telecom, Inc. has completed the acquisition of Global Crossing’s Small Business Group (SBG), which provides voice and data products to small- and medium-sized enterprise customers in the United States.In addition, Global Crossing and Matrix announced they have executed a long-term carrier s... Read more
Transaction Includes Long-term Carrier Services AgreementLOS ANGELES (January 3, 2006) – Platinum Equity announced today that its portfolio company ... Read more
Transaction Includes Long-term Carrier Services AgreementLOS ANGELES (January 3, 2006) – Platinum Equity announced . Read more
