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KANSAS CITY, Mo. - Custom Truck One Source, Inc. (NYSE: CTOS) was recently recognized with a Capstone Award by the Kansas City Business Journal for the Company’s $35 million renovation of a 220,000-square-foot warehouse l...
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Facility designed to manufacture electric, street-legal Club Car Urban unveiled in Georgia
April 25, 2024
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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October 03, 2007
Platinum Equity Completes Sale of CompuCom Systems to Affiliate of Court Square Capital Partners
Platinum Equity Completes Sale of CompuCom Systems to Affiliate of Court Square Capital Partners Company Became a Leading IT Solutions Provider Following Acquisition by Platinum and Follow-On Addition of GE IT Solutions Unit BEVERLY HILLS, California (October 3, 2007) – Platinum Equity announced today that it has completed the sale of portfolio company CompuCom Systems to an affiliate of Court Square Capital Partners in a transaction valued at ... Read more
Platinum Equity Completes Sale of CompuCom Systems to Affiliate of Court Square Capital Partners Company Became a Leading IT Solutions Provider Follow... Read more
Platinum Equity Completes Sale of CompuCom Systems to Affiliate of Court Square Capital Partners Company Became a Lea. Read more
July 24, 2007
Ryerson to be Acquired by Platinum Equity for $34.50 Per Share in Cash
Chicago, IL, July 24, 2007 –Ryerson Inc. (NYSE: RYI) today announced that it has entered into a definitive merger agreement to be acquired by Platinum Equity, a leading private equity firm, in a transaction valued at approximately $2.0 billion. Under the terms of the agreement, an affiliate of Platinum Equity will acquire all of the outstanding shares of Ryerson common and convertible preferred stock for $34.50 per share in cash. The cash purch... Read more
Chicago, IL, July 24, 2007 –Ryerson Inc. (NYSE: RYI) today announced that it has entered into a definitive merger agreement to be acquired by Platin... Read more
Chicago, IL, July 24, 2007 –Ryerson Inc. (NYSE: RYI) today announced that it has entered into a definitive merger a. Read more
July 09, 2007
Court Square Capital Partners Agrees to Acquire CompuCom Systems
Transaction Valued at Approximately $628 Million DALLAS, Texas, July 9, 2007 – CompuCom Systems, Inc. (“CompuCom”) announced today that CHR Holding Corporation, an affiliate of Platinum Equity and parent company of CompuCom Systems, Inc., has entered into a definitive agreement pursuant to which IIM Acquisition Corp., an affiliate of Court Square Capital Partners (“Court Square”), would acquire CompuCom. The transaction is valued at app... Read more
Transaction Valued at Approximately $628 Million DALLAS, Texas, July 9, 2007 – CompuCom Systems, Inc. (“CompuCom”) announced today that CHR Hold... Read more
June 05, 2007
Platinum Equity Completes Weyerhaeuser Acquisition and Relaunches Business as Broadleaf Logistics Co
Platinum Equity Completes Weyerhaeuser Acquisition and Relaunches Business as Broadleaf Logistics CoLOS ANGELES (June 5, 2007) – Platinum Equity announced today that it has completed the acquisition of Weyerhaeuser Company’s wholesale products distribution centers in Canada and established the distribution business as a standalone company named Broadleaf Logistics Company.In conjunction with the acquisition, Platinum Equity announced that Pau... Read more
Platinum Equity Completes Weyerhaeuser Acquisition and Relaunches Business as Broadleaf Logistics CoLOS ANGELES (June 5, 2007) – Platinum Equity ann... Read more
Platinum Equity Completes Weyerhaeuser Acquisition and Relaunches Business as Broadleaf Logistics CoLOS ANGELES (June. Read more
March 29, 2007
Platinum Equity Completes Acquisition of Strategic Distribution, Inc.
LOS ANGELES--(BUSINESS WIRE)--Platinum Equity announced today that it has completed the acquisition of Strategic Distribution, Inc., which provides supply chain management solutions for industrial and institutional customers in the United States, Canada, and Mexico.The acquisition is a public-to-private transaction and Strategic Distribution Inc. has been delisted from the NASDAQ exchange, with each share of common stock converted into the right ... Read more
LOS ANGELES--(BUSINESS WIRE)--Platinum Equity announced today that it has completed the acquisition of Strategic Distribution, Inc., which provides su... Read more
LOS ANGELES--(BUSINESS WIRE)--Platinum Equity announced today that it has completed the acquisition of Strategic Dist. Read more
February 16, 2007
Weyerhaeuser to Sell Canadian and Certain U.S. Building Materials Distribution Assets
FEDERAL WAY, Wash. (February 16, 2007) – Weyerhaeuser Company (NYSE: WY) today reaffirmed its commitment to sharpen the focus of its portfolio by announcing its intent to sell its Canadian and select U.S. building materials distribution centers.“The sale of these distribution centers is part of our ongoing effort to sharpen the focus of our portfolio and enhance shareholder value,” said Lee T. Alford, senior vice president of residential wo... Read more
FEDERAL WAY, Wash. (February 16, 2007) – Weyerhaeuser Company (NYSE: WY) today reaffirmed its commitment to sharpen the focus of its portfolio by an... Read more
FEDERAL WAY, Wash. (February 16, 2007) – Weyerhaeuser Company (NYSE: WY) today reaffirmed its commitment to sharpen. Read more
January 31, 2007
Delphi Selects Platinum Equity as Lead Bidder in Sale of Steering and Halfshaft Business
TROY, Mich. – Delphi Corporation (PINKSHEETS: DPHIQ) announced today that it is working to finalize a Master Sale and Purchase Agreement with Platinum Equity regarding the sale of Delphi’s global steering and halfshaft business. Delphi announced in March 2006 that, while it recognized the steering business as strategic, it intended to explore a sale of the global steering business as part of its comprehensive transformation plan. According to... Read more
TROY, Mich. – Delphi Corporation (PINKSHEETS: DPHIQ) announced today that it is working to finalize a Master Sale and Purchase Agreement with Platin... Read more
TROY, Mich. – Delphi Corporation (PINKSHEETS: DPHIQ) announced today that it is working to finalize a Master Sale a. Read more
January 19, 2007
Platinum Equity Completes Acquisition of Healthcare Marketing Services Unit from Cardinal Health
LOS ANGELES, CA (January 19, 2007) – Platinum Equity announced today it has completed the acquisition of the Healthcare Marketing Services (HMS) unit of Cardinal Health (NYSE: CAH). Terms of the transaction, which was announced in November, were not disclosed. A transition is now underway to separate the business from Cardinal Health and establish it as a standalone company. The new company will be renamed, and details about the new name an... Read more
LOS ANGELES, CA (January 19, 2007) – Platinum Equity announced today it has completed the acquisition of the Healthcare Marketing Services (HMS) uni... Read more
LOS ANGELES, CA (January 19, 2007) – Platinum Equity announced today it has completed the acquisition of the Health. Read more
January 10, 2007
Platinum Equity Appoints Maurice S. Nelson Jr. as Chief Executive Officer of PNA Group
LOS ANGELES (January 10, 2007) – Platinum Equity announced today that Maurice S. Nelson Jr. has been appointed as Chief Executive Officer of its portfolio company PNA Group, a premier processor and distributor of steel products to fabricators, manufacturers and distributors.PNA Group was acquired by Platinum Equity in May 2006, and then expanded via the add-on acquisition of Metals Supply Company a short time later. The business generates annua... Read more
LOS ANGELES (January 10, 2007) – Platinum Equity announced today that Maurice S. Nelson Jr. has been appointed as Chief Executive Officer of its por... Read more
LOS ANGELES (January 10, 2007) – Platinum Equity announced today that Maurice S. Nelson Jr. has been appointed as C. Read more
November 07, 2006
Platinum Equity Signs Definitive Agreement to Acquire Healthcare Services Unit from Cardinal Health
LOS ANGELES, CA (November 7, 2006) – Platinum Equity announced today it has signed a definitive agreement to acquire the Healthcare Marketing Services (HMS) unit of Cardinal Health (NYSE: CAH). Terms of the transaction, which is expected to close prior to the end of 2006, were not disclosed. HMS provides sales and marketing communications services and materials to the pharmaceutical and biotechnology industries. The company, which generated ... Read more
LOS ANGELES, CA (November 7, 2006) – Platinum Equity announced today it has signed a definitive agreement to acquire the Healthcare Marketing Servic... Read more
LOS ANGELES, CA (November 7, 2006) – Platinum Equity announced today it has signed a definitive agreement to acquir. Read more
