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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

June 25, 2009

Platinum Equity Portfolio Company Maxim Acquires Barnhart Crane and Rigging Assets

Amid calls by industry and government for more infrastructure projects, Platinum portfolio company Maxim Crane Works LP purchased the assets of Barnhart Crane and Rigging. Maxim specializes in the rental and sales of lift equipment including hydraulic truck cranes, rough terrain cranes, crawler cranes, tower cranes, conventional truck cranes, and boom trucks.The acquisition added to Maxim’s expansion of its fleet of 230- to 300-ton sized crawle... Read more

Amid calls by industry and government for more infrastructure projects, Platinum portfolio company Maxim Crane Works LP purchased the assets of Barnha... Read more

Amid calls by industry and government for more infrastructure projects, Platinum portfolio company Maxim Crane Works . Read more

June 16, 2009

Platinum Equity Buys Wire Harness Business From Alcoa

Platinum bought Alcoa’s wire harness and electrical distribution business in June 2009; Alcoa put the division up for sale in January 2009. The business was the largest component of Alcoa’s electrical and electronic solutions division, with over 17,000 employees and a presence in 13 countries across the globe.Platinum bought Alcoa’s wire harness and electrical distribution business in June 2009; Alcoa put the division up for sale in Januar... Read more

Platinum bought Alcoa’s wire harness and electrical distribution business in June 2009; Alcoa put the division up for sale in January 2009. The busi... Read more

Platinum bought Alcoa’s wire harness and electrical distribution business in June 2009; Alcoa put the division up f. Read more

June 15, 2009

Platinum Completes Acquisition of Wire Harness and Electrical Distribution Business from Alcoa

LOS ANGELES, CA (June 15, 2009) – Platinum Equity today announced it has completed the acquisition of the wire harness and electrical distribution business of Alcoa (NYSE:AA). Financial terms of the acquisition were not disclosed. The transaction was first announced on April 30.The wire harness and electrical distribution business is the largest piece of Alcoa’s Electrical and Electronic Solutions division, and its customers include major dom... Read more

LOS ANGELES, CA (June 15, 2009) – Platinum Equity today announced it has completed the acquisition of the wire harness and electrical distribution b... Read more

LOS ANGELES, CA (June 15, 2009) – Platinum Equity today announced it has completed the acquisition of the wire harn. Read more

May 04, 2009

Platinum Equity Completes Acquisition of San Diego Union-Tribune

BEVERLY HILLS, CA – May 4, 2009 – Platinum Equity announced today that it has completed the acquisition of San Diego’s leading daily newspaper, The San Diego Union-Tribune, from The Copley Press Inc. The transaction was previously announced on March 18.Platinum also announced the appointment of Paul Bridwell as the Union-Tribune’s Chief Restructuring Officer. Pending the appointment of a permanent publisher, Mr. Bridwell will be the senio... Read more

BEVERLY HILLS, CA – May 4, 2009 – Platinum Equity announced today that it has completed the acquisition of San Diego’s leading daily newspaper, ... Read more

BEVERLY HILLS, CA – May 4, 2009 – Platinum Equity announced today that it has completed the acquisition of San Di. Read more

April 30, 2009

Platinum Equity Acquires Canvas Systems LLC

LOS ANGELES, CA (April 30, 2009) – Platinum Equity announced today that it has acquired a majority stake in Canvas Systems LLC, a global supplier of used and refurbished enterprise-class IT equipment and services.Platinum acquired the controlling interest from OHC, LLC, an Atlanta-based company that also owns global IT consulting group Corus360. OHC will maintain a minority interest in Canvas. Terms of the transaction were not disclosed.“Canv... Read more

LOS ANGELES, CA (April 30, 2009) – Platinum Equity announced today that it has acquired a majority stake in Canvas Systems LLC, a global supplier of... Read more

LOS ANGELES, CA (April 30, 2009) – Platinum Equity announced today that it has acquired a majority stake in Canvas . Read more

April 20, 2009

Platinum Equity to Acquire Wire Harness and Electrical Distribution Business from Alcoa

Signing Comes as Platinum Announces Separate Acquisition of Canvas Systems LLCLOS ANGELES, CA (April 30, 2009) – Platinum Equity today announced that it has signed a definitive agreement to purchase the wire harness and electrical distribution business of Alcoa (NYSE:AA). Financial terms of the acquisition were not disclosed. The transaction is expected to be completed by the end of the second quarter of 2009.Separately, Platinum also announced... Read more

Signing Comes as Platinum Announces Separate Acquisition of Canvas Systems LLCLOS ANGELES, CA (April 30, 2009) – Platinum Equity today announced tha... Read more

Signing Comes as Platinum Announces Separate Acquisition of Canvas Systems LLCLOS ANGELES, CA (April 30, 2009) – Pl. Read more