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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