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.
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March 05, 2011
San Diego Union-Tribune: Mission Valley Makeover
SD Metro Magazine features The San Diego Union-Tribune on its March, 2011 cover, highlighting the venerable newspaper's new life since being acquired by Platinum Equity. Citing the tough challenges faced by the Union-Tribune and Platinum since the acquisition, SD Metro reports publisher Ed Moss and editor Jeff Light appear to have no doubts about the Union-Tribune being back on the right track. Quoted in SD Metro, Ed Moss says, "We tell [new recruits] that you can come in here and you can really build your own dynamics and help us build a new model for the newspaper industry. We can do it q...
Read moreMarch 01, 2011
Platinum Equity Acquires Nampak Cartons and Healthcare Packaging Business in Europe
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Read moreFebruary 03, 2011
Platinum Equity Company Ulticom Names Bruce Swail CEO
Mt Laurel, New Jersey – Ulticom, Inc. today announced the appointment of Bruce D. Swail as Chief Executive Officer (CEO), effective immediately. Ulticom is a premier provider of signaling software that enables telecommunications network equipment and service providers to deploy services within wireless, IP, and wireline networks. Ulticom was acquired by Platinum Equity in December 2010. Mr. Swail joins Ulticom from US Robitics, a leading provider of internet access and networking products, where he has served as CEO since 2007. US Robotics is also a Platinum Equity company. "Bruce i...
Read moreJanuary 13, 2011
Acument Keeps Operations in Metro Detroit, 50 Hires Planned This Year
DETROIT, MI (metromode)--The transformation of Acument over the past few years typifies what Detroit auto suppliers experienced: loss of work and shrinking operations. Today, however, Acument is a promising sign of things to come. Acument, a Platinum Equity portfolio company, recently struck a deal with the Michigan Economic Development Corp to expand its Sterling Heights, Holly, and Fenton plants. It expects to hire 50 people in Metro Detroit this year, expanding its workforce to 500 personnel by 2012 and 600 by 2014. Read full story... Source: Timothy Weir, director of communicati...
Read moreJanuary 06, 2011
Robert Klap Joins Platinum Equity as Principal
LOS ANGELES, CA – (Marketwire) – Platinum Equity announced today that Robert Klap will join the firm as a principal based in London, where he will assist the firm's investor relations, capital raising and deal origination programs.Most recently, Mr. Klap was an executive at UBS in London, responsible for managing private equity fund investments in the bank's wealth management group. Previously, he was a private equity portfolio manager at Shell Asset Management Company and a fund manager at Mn Services, each of which are institutional investors in Platinum's private equity funds."I am deli...
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