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LOS ANGELES (July 23, 2024) – Platinum Equity announced today the signing of a definitive agreement to acquire GSM Outdoors from Gridiron Capital.Financial terms were not disclosed. The acquisition is expected to be complet...
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Platinum Equity Completes Sale of Hunterstown Power
July 22, 2024
LOS ANGELES (July 19, 2024) – Platinum Equity announced today that the sale of the Hunterstown power generation facility and related assets to LS Power has been completed.Financial terms were not disclosed.Located in Gettys...
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Platinum Equity Invests in HVAC/R Distributor Motors & Armatures
July 18, 2024
Firm to partner with MARS’ current shareholders and management team, which will continue as equity partners Transaction extends momentum of Platinum Equity’s Small Cap team LOS ANGELES (July 17, 2024) – Platinum E...
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April 19, 2024
Platinum Equity Partner Mark Barnhill, Detroit Pistons host second-chance event in Detroit
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 counseling.The Second Chance Summit in Detroit included a clinic, in which volunteer lawyers helped eligible individuals apply for expungement of their criminal records under Michigan’s 2021 Clean Slate Act; and a job fair... Read more
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 form... Read more
DETROIT - An event co-sponsored by the Detroit Pistons, the NBA and a variety of government and support organizations. Read more
April 25, 2024
Facility designed to manufacture electric, street-legal Club Car Urban unveiled in Georgia
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 Kemp did the honors, cutting the ceremonial ribbon in front of employees and community members who assembled outside the 105,000 square-foot flexible production and warehouse space that the vehicle manufacturer opened to pro... Read more
APPLING, Ga. - With elected officials and area business leaders on hand, Club Car officially opened its new manufacturing facility recently with a rib... Read more
APPLING, Ga. - With elected officials and area business leaders on hand, Club Car officially opened its new manufactu. Read more
April 29, 2024
Custom Truck One Source Wins Capstone Real Estate Award
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 located on the former site of Kansas City’s Armco Steel plant, which is now part of Custom Truck’s 175-acre headquarter campus.The renovated building was part of the historic factory that closed in 2001 and which is now un... Read more
KANSAS CITY, Mo. - Custom Truck One Source, Inc. (NYSE: CTOS) was recently recognized with a Capstone Award by the Kansas City Business Journal for ... Read more
KANSAS CITY, Mo. - Custom Truck One Source, Inc. (NYSE: CTOS) was recently recognized with a Capstone Award by the K. Read more
May 06, 2024
Kohler Co. and Platinum Equity Close Transaction to Establish Kohler Energy as Independent Business
KOHLER, Wis. – May 6, 2024 – Kohler Co. and Platinum Equity announced today the companies have closed the transaction to establish Kohler Energy as a separate, independent business. Platinum Equity is now the majority owner of the Energy business and Kohler Co. remains an investment partner. Financial details are not being disclosed. Kohler Energy is strategically positioned to continue strong performance in the global energy resilience ma... Read more
KOHLER, Wis. – May 6, 2024 – Kohler Co. and Platinum Equity announced today the companies have closed the transaction to establish Kohler Energy a... Read more
KOHLER, Wis. – May 6, 2024 – Kohler Co. and Platinum Equity announced today the companies have closed the transac. Read more
May 16, 2024
How Platinum Equity built ‘foundation of trust’ to earn Kohler Co.’s confidence as investment partner in energy resilience business
In late 2019, Platinum Equity was performing diligence on Kohler Co.’s energy resilience division. Kohler Co., a global name with more than 40,000 employees, is known for its kitchen and bath products. But the pandemic hit. Platinum Equity Co-President Jacob Kotzubei says his last in-person meeting was at Kohler Co. headquarters in Madison, Wisc., before the lockdowns. With uncertainty, the Kohler family decided to temporarily pause th... Read more
In late 2019, Platinum Equity was performing diligence on Kohler Co.’s energy resilience division. Kohler Co., a global name with more than 40,00... Read more
In late 2019, Platinum Equity was performing diligence on Kohler Co.’s energy resilience division. Kohler Co., a. Read more
May 16, 2024
Club Car Championship raises an event record $450,000 for charity
The recent Club Car Championship raised a record $450,000 for Savannah, Ga. charities, according to WTOC-TV. Pro golfer Steven Fisk birdied three of the final four holes of regulation to win in a sudden-death playoff at The Club Car Championship, which is part of the Korn Ferry Tour. The event has raised more than $1.6 million for charity since it was started seven years ago. This year’s tournament took place in April at The Landings Golf &a... Read more
The recent Club Car Championship raised a record $450,000 for Savannah, Ga. charities, according to WTOC-TV. Pro golfer Steven Fisk birdied three o... Read more
The recent Club Car Championship raised a record $450,000 for Savannah, Ga. charities, according to WTOC-TV. Pro g. Read more
May 17, 2024
Platinum Equity Co-President Jacob Kotzubei talks coping with inflation, firm’s carveout expertise at Milken Institute Global Conference
For the second consecutive year, Platinum Equity Co-President Jacob Kotzubei was invited to participate in a Milken Institute Global Conference panel discussion. Flanked by other senior private equity investment professionals during an hour-long discussion titled Private Equity Delivering Value, Kotzubei addressed many topics, which included: Platinum Equity’s operational approach to building value. Platinum Equity’s long history o... Read more
For the second consecutive year, Platinum Equity Co-President Jacob Kotzubei was invited to participate in a Milken Institute Global Conference panel ... Read more
For the second consecutive year, Platinum Equity Co-President Jacob Kotzubei was invited to participate in a Milken I. Read more
May 29, 2024
Platinum Equity Portfolio Company HC Companies Acquires Classic Home & Garden
Complementary acquisition brings together leaders in functional pots and decorative containers to create "one stop shop" for horticulture growers, retailers and distributors LOS ANGELES, May 28, 2024 - The HC Companies, a leading North American manufacturer of horticultural containers, announced today the acquisition of Classic Home & Garden (CHG), a premier provider of decorative and functional products for the lawn and garden market in... Read more
Complementary acquisition brings together leaders in functional pots and decorative containers to create "one stop shop" for horticulture growers, ret... Read more
Complementary acquisition brings together leaders in functional pots and decorative containers to create "one stop sh. Read more
June 05, 2024
Platinum Equity to Acquire Sunrise Medical
Investment in Germany-based maker of wheelchairs and mobility solutions adds to momentum of Platinum’s European investment team LOS ANGELES (June 5, 2024) – Platinum Equity announced today the signing of a definitive agreement to acquire Sunrise Medical, a world leader in advanced assistive mobility solutions, from Nordic Capital. Financial terms were not disclosed. The acquisition is expected to be completed in Q3 2024, subject to cust... Read more
Investment in Germany-based maker of wheelchairs and mobility solutions adds to momentum of Platinum’s European investment team LOS ANGELES (June... Read more
Investment in Germany-based maker of wheelchairs and mobility solutions adds to momentum of Platinum’s European inv. Read more
June 07, 2024
Platinum Equity Portfolio Company Hop Lun Acquires P.H. Garment
LOS ANGELES and HONG KONG (June 6, 2024) – Platinum Equity portfolio company Hop Lun, one of the world’s largest designers and manufacturers of intimate apparels, announced today the acquisition of P.H. Garment.Headquartered in Hong Kong, P.H. Garment is an innovative private label manufacturer of high-quality bras, shapewear and performance-driven active wear for world renowned fashion brands.The company has three manufacturing facilities in... Read more
LOS ANGELES and HONG KONG (June 6, 2024) – Platinum Equity portfolio company Hop Lun, one of the world’s largest designers and manufacturers of in... Read more
LOS ANGELES and HONG KONG (June 6, 2024) – Platinum Equity portfolio company Hop Lun, one of the world’s largest . Read more
