TruckPro Donates $115,000 Through its 'Gives Back Program'
St. Jude Children's Research Hospital, the Wounded Warrior Project are among the nonprofits that will benefit from donation.
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March 11, 2011
Platinum Equity Company Alliance Entertainment Acquires Edge Entertainment Distribution
Coral Springs, FL – Platinum Equity and The Gores Group announced today that Alliance Entertainment has acquired EDGE Entertainment Distribution, a wholesale distributor of pre-recorded music and movie titles, related accessories and other products. EDGE primarily serves independent music retailers, public libraries and college book stores. Financial terms of the EDGE acquisition were not disclosed. EDGE provides one-stop access to more than 140,000 titles of compact discs, DVD and Blu-Ray movies, and other entertainment-related accessory products. Alliance was acquired by a joint ...
Read moreMarch 07, 2011
American Commercial Lines Awarded Membership in the Louisiana Environmental Leadership Program
JEFFERSONVILLE, IN – American Commercial Lines Inc. announced today that it has been awarded membership in the Louisiana Environmental Leadership Program (ELP). Membership in the voluntary program, led by the Louisiana Department of Environmental Quality, is awarded to businesses, federal entities, municipalities, and academic and community organizations based upon commitment to the program's core principles and submission of pollution prevention and waste reduction goals to improve and preserve Louisiana's environment. Progress in achieving these goals is tracked annually, and membership ...
Read moreMarch 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...
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