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August 10, 2011

Platinum Equity Announces Pending Sale of AEES to PKC Group

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...

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August 09, 2011

Platinum Equity Acquires Quark

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...

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August 03, 2011

Schutt Sports Named Official Helmet for Lone Star Conference Softball

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 ...

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August 01, 2011

Platinum Equity Company American Commercial Lines Announces New Leadership

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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July 25, 2011

Schutt Sports Sponsors Texas High School Coaches Association 2011 All-Star Games

Dallas,TX – Schutt Sports, a Platinum Equity company, is sponsoring the Texas High School Coaches Association (THSCA) 2011 All-Star Games this week, as the "Official Football Helmet" and platinum partner of the program. "Texas is home to some of the most storied high school football groups in the country, and we are proud to support them each and every year," Marketing Communications Manager Glenn Beckmann said. "THSCA isn't just any program. It's the largest organization of its kind in the world, and growing all the time – who wouldn't want to be part of that? We value our partnership ...

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July 19, 2011

Platinum Equity Company International Offshore Services Selects MarineCFO

New Orleans, LA—MarineCFO Inc., the leading provider of Marine Software including On-Vessel, Marine Operations, Personnel, Fleet Maintenance, and Financial Management Software Solutions to the Marine Transportation Industry, announced today that Platinum Equity Company, International Offshore Services, has chosen to implement the full MarineCFO Enterprise software suite. International Offshore Services, LLC was formed in 2006 by combining International Marine (started in 1996) and International Construction Group. Through its wholly-owned subsidiaries International Offshore Services provi...

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