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APPLING, Ga. - With elected officials and area business leaders on hand, Club Car officially opened its new manufacturing facility recently with a ribbon-cutting ceremony. Club Car CEO Mark Wagner and Georgia Governor Brian ...
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Platinum Equity Partner Mark Barnhill, Detroit Pistons host second-chance event in Detroit
April 19, 2024
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...
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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 ...
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August 03, 2023
Platinum Equity Completes Acquisition of Horticultural Container Manufacturer HC Companies
LOS ANGELES, August 3, 2023 — Platinum Equity announced today that the acquisition of The HC Companies, a leading North American manufacturer of horticultural containers, has been completed. Financial terms were not disclosed. Headquartered in Twinsburg, Ohio, HC operates six manufacturing locations and distribution centers in the US and Canada. The company produces a wide range of planters, pots, and accessories for the greenhouse, nursery ... Read more
LOS ANGELES, August 3, 2023 — Platinum Equity announced today that the acquisition of The HC Companies, a leading North American manufacturer of hor... Read more
LOS ANGELES, August 3, 2023 — Platinum Equity announced today that the acquisition of The HC Companies, a leading N. Read more
August 15, 2023
Platinum Equity’s Credit Team Provides Term Loan to RELAM to Support Company’s Growth
LOS ANGELES, Aug. 15, 2023 — Platinum Equity announced today it provided a Second-Lien Term Loan (“Term Loan”) to Railway Equipment Leasing and Maintenance Inc. (“RELAM”) to refinance existing indebtedness and support future growth of the business. RELAM is a well-known provider of specialty rental equipment for recurring, regulatory-driven maintenance-of-way (“MOW”) work on railroads, serving the industry’s largest operators a... Read more
LOS ANGELES, Aug. 15, 2023 — Platinum Equity announced today it provided a Second-Lien Term Loan (“Term Loan”) to Railway Equipment Leasing and ... Read more
LOS ANGELES, Aug. 15, 2023 — Platinum Equity announced today it provided a Second-Lien Term Loan (“Term Loan”) . Read more
August 17, 2023
Why Jalen Rose appreciates Tom Gores’, Platinum Equity’s decade-long support of JRLA annual golf outing fundraiser
DETROIT – Earlier this summer, Jalen Rose walked the hallways with students at the school that bears his name as the youths shared goals and aspirations for the upcoming school year. The visit to the Jalen Rose Leadership Academy came roughly a month after Rose presided over graduation ceremonies for the school’s ninth senior class. Before his session with students, Rose, who starred as a point guard at now-closed Detroit Southwestern ... Read more
DETROIT – Earlier this summer, Jalen Rose walked the hallways with students at the school that bears his name as the youths shared goals and aspira... Read more
DETROIT – Earlier this summer, Jalen Rose walked the hallways with students at the school that bears his name as t. Read more
August 29, 2023
Unical Aviation CEO Sharon Green: How focus on operations, efficiency, has fueled growth at aftermarket aircraft parts supplier
Sharon Green was on the General Electric Co. transition team following the sale of GE Capital Aviation Services to Irish aircraft leasing giant Aercap, a deal worth $30 billion.As the transition period was winding down, Green received several calls from a headhunter representing Platinum Equity. It was seeking an experienced executive to run Unical Aviation, which Platinum Equity acquired in July 2021. The Small Cap investment team led the acquis... Read more
Sharon Green was on the General Electric Co. transition team following the sale of GE Capital Aviation Services to Irish aircraft leasing giant Aercap... Read more
Sharon Green was on the General Electric Co. transition team following the sale of GE Capital Aviation Services to Ir. Read more
August 31, 2023
Michigan announces Cabinetworks Group adding 110 jobs, relocating corporate headquarters to Detroit suburb
Michigan officials announced recently that Cabinetworks Group will add 110 corporate and professional services jobs while moving its headquarters from Ann Arbor, Mich., to a nearby Detroit suburb.Gov. Gretchen Whitmer and the Michigan Economic Development Corporation said the cabinet manufacturer plans to “centralize corporate functions to better serve its customer base and to attract and retain talent by relocating to a Livonia, Mich., facilit... Read more
Michigan officials announced recently that Cabinetworks Group will add 110 corporate and professional services jobs while moving its headquarters from... Read more
Michigan officials announced recently that Cabinetworks Group will add 110 corporate and professional services jobs w. Read more
September 04, 2023
How $35M renewal of Alabama refractory plant is a ‘remarkable’ story for HarbisonWalker
FAIRFIELD, Ala. – The shuttered plant was in rough shape. During a 2021 visit to check the condition of the idled plant, which once manufactured refractory products used for aluminum production, HarbisonWalker International representatives Kevin Ballard and Jason West came upon a scene where Mother Nature was winning. Ballard, vice president of operations and engineering, recalled the visit in June. “Weeds were high, and some pigeons had foun... Read more
FAIRFIELD, Ala. – The shuttered plant was in rough shape. During a 2021 visit to check the condition of the idled plant, which once manufactured ref... Read more
FAIRFIELD, Ala. – The shuttered plant was in rough shape. During a 2021 visit to check the condition of the idled p. Read more
September 05, 2023
As headwinds sidelined strategic buyers, Platinum stepped up to deliver speed and certainty for Calderys carveout and HarbisonWalker add-on
By offering a creative financing solution for the combined consideration of $1.2B and by negotiating advantageous contractual terms, Platinum navigated a challenging M&A market to create a platform poised for additional growth and investment. In a matter of 20 days, Platinum closed a €930m EV carveout deal for the refractories business of French-headquartered corporate Imerys, plus the transformative add-on of HarbisonWalker Internationa... Read more
By offering a creative financing solution for the combined consideration of $1.2B and by negotiating advantageous contractual terms, Platinum navigate... Read more
By offering a creative financing solution for the combined consideration of $1.2B and by negotiating advantageous con. Read more
October 02, 2023
Platinum Equity to Acquire Majority Interest in the Cook & Boardman Group from Littlejohn
LOS ANGELES (September 29, 2023) – Platinum Equity announced today the signing of a definitive agreement to acquire a majority interest in The Cook & Boardman Group (“Cook & Boardman” or “C&B”) from Littlejohn & Co., LLC (“Littlejohn”). Littlejohn will remain a significant minority shareholder. Financial terms of the transaction were not disclosed. Established in 1955 and based in Winston-Salem, North Carolina, Coo... Read more
LOS ANGELES (September 29, 2023) – Platinum Equity announced today the signing of a definitive agreement to acquire a majority interest in The Cook ... Read more
LOS ANGELES (September 29, 2023) – Platinum Equity announced today the signing of a definitive agreement to acquire. Read more
October 16, 2023
Platinum Equity to Acquire Co-Controlling Stake in US LBM
Platinum Equity and Existing Investor Bain Capital to Have Equal Ownership and Shared Commitment to Support Company’s Evolution as the Most Trusted Partner to Builders Across the Country LOS ANGELES (October 16, 2023) – Platinum Equity announced today the signing of a definitive agreement to acquire a co-controlling stake in US LBM, a leading distributor of specialty building materials in the United States, from Bain Capital Private Equity (... Read more
Platinum Equity and Existing Investor Bain Capital to Have Equal Ownership and Shared Commitment to Support Company’s Evolution as the Most Trusted ... Read more
November 01, 2023
Platinum Equity’s involvement in the Malibu Triathlon helps Children’s Hospital Los Angeles raise money for pediatric cancer research
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 the Malibu Triathlon helps to raise money for the hospital, she just had to participate. “My (family member) was treated at Children’s Hospital at a young age,” Saldebar said. “It’s a cause that is near and dear ... Read more
MALIBU, Calif. – Platinum Equity associate Lindsay Saldebar knows firsthand the impact Children’s Hospital Los Angeles has on the community. Th... Read more
MALIBU, Calif. – Platinum Equity associate Lindsay Saldebar knows firsthand the impact Children’s Hospital Los An. Read more
