Platinum Equity to Acquire Solo, European Provider of Personalizable Products and Apparel
Co-President Louis Samson: Firm’s ‘approach to value creation’ makes good fit with Solo.
September 07, 2011
Huntsville, AL-- ADTRAN©, Inc., (NASDAQ:ADTN), a leading provider of next-generation networking solutions, today announced that MegaPath, one of the leading providers of managed data, voice, and security services in North America and Platinum Equity portfolio company, has partnered with ADTRAN for the nationwide expansion of its Ethernet network. MegaPath has over 200 central offices currently in service with plans to offer services in a total of 400 central offices by the end of 2011 and more than 680 central offices by June 2012. This will make MegaPath the single largest nationwide Etherne...
Read moreAugust 30, 2011
Litchfield, IL – Schutt Sports, a Platinum Equity Portfolio Company and leading domestic manufacturer of batters helmets in the United States, has been named the Official Batter's Helmet for the University of Texas – Dallas. The multi-year agreement calls for the Comets softball and baseball teams to wear Schutt batters helmets and catchers gear. "We're fired up about this new opportunity and partnership with Schutt Sports. They offer the best technology and protective equipment on the baseball field, from catcher's gear to batters helmets and we're excited about the chance to put it...
Read moreAugust 10, 2011
The PKC Group today signed an agreement for the purchase of AEES companies from Platinum Equity. AEES is one of the leading North American wiring harness manufacturers for heavy- and medium-duty trucks and it also has a significant position in light vehicle wiring harnesses. In addition, AEES provides components and wires to other contract manufacturers. AEES' customers include most major auto and truck makers and has operations in USA, Mexico, Brazil, and Ireland. In June of 2011, AEES employed 13,800 people worldwide. During the past years, AEES and Platinum Equity successfully implemente...
Read moreAugust 09, 2011
Los Angeles, CA and Denver, CO – Platinum Equity announced today that it has acquired Quark, a provider of publishing software for professional designers and enterprise organizations. "Quark is a legendary brand that helped create the desktop publishing market and is now helping organizations transform how they publish content both to print and digital media," said Brian Wall, partner at Platinum who led the team pursuing the acquisition. "Quark is committed to its loyal and dedicated user base and we are enthusiastic about the company's new products which are gaining traction and generat...
Read moreAugust 03, 2011
In a multi-year agreement, Schutt Sports has been named the official helmet of softball's NCAA Division II Lone Star Conference. “The Lone Star Conference schools are right in the middle of softball country,” said Dianne Baker, national promotions manager for Schutt Sports. “This deal gives us great exposure in some key markets and puts our best equipment on some of the best players in the country.” Through the agreement, Schutt will showcase its new AiR Maxx T softball batter's helmet. The helmet is engineered using Schutt's TPU cushioning technology, the same technology Schutt ...
Read moreAugust 01, 2011
Jeffersonville, IN – One of the largest and most diversified inland marine transportation companies in the United States and a Platinum Equity company, American Commercial Lines (ACL), announced today the new leadership of Mark Knoy as President and Chief Executive Officer and David Huls as Senior Vice President and Chief Financial Officer. Mark Knoy, a veteran to the industry after spending seventeen years with AEP River Operations, LLC, a subsidiary of American Electric Power Co., Inc, will continue within the same industry. Under Knoy’s leadership, AEP River Operations grew to become...
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