News

News
Filter By
Sort by: New | Old

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