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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 l...
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Facility designed to manufacture electric, street-legal Club Car Urban unveiled in Georgia
April 25, 2024
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 ...
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Platinum Equity Partner Mark Barnhill, Detroit Pistons host second-chance event in Detroit
April 19, 2024
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...
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November 01, 2022
Platinum Equity continues support of annual Malibu Triathlon to benefit Children’s Hospital of Los Angeles
Megan Korte had an easy out. A few days before the Malibu Triathlon she was diagnosed with kidney stones. But Korte, who started at Platinum Equity over the summer in the Marketing Department, didn’t miss the triathlon as she ran the final leg of the mixed relay. “I don't give up easily and backing out of something that's charity-driven isn't really in my soul,” she said. “I have a background of volunteering and helping many different cha... Read more
Megan Korte had an easy out. A few days before the Malibu Triathlon she was diagnosed with kidney stones. But Korte, who started at Platinum Equity ov... Read more
Megan Korte had an easy out. A few days before the Malibu Triathlon she was diagnosed with kidney stones. But Korte, . Read more
October 20, 2022
How one educator’s use of McGraw Hill’s ALEKS technology helps her students succeed at math
Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. As a young teacher, she was seeking ways to engage students in math. That’s when she started using ALEKS, an AI-driven online learning program from McGraw Hill, an education company acquired by Platinum Equity last year. “The beauty of the ALEKS program is how it adjusts to the student and their skill level,” Jacobs said. “So, I hav... Read more
Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. As a young teacher, she was seeking ways to enga... Read more
Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. As a young teac. Read more
September 30, 2022
Platinum Equity Acquires Majority Interest in Global Apparel Company Hop Lun
Investment in Hong Kong-based undergarment and swimwear company led by Platinum’s Singapore investment teamLOS ANGELES and SINGAPORE, September 30, 2022 — Platinum Equity announced today that the acquisition of a controlling stake in international apparel company Hop Lun from company founder Erik Ryd has been completed. Financial terms were not disclosed.Founded by Mr. Ryd in 1992 and headquartered in Hong Kong, Hop Lun is one of the world’... Read more
Investment in Hong Kong-based undergarment and swimwear company led by Platinum’s Singapore investment teamLOS ANGELES and SINGAPORE, September 30, ... Read more
Investment in Hong Kong-based undergarment and swimwear company led by Platinum’s Singapore investment teamLOS ANGE. Read more
September 30, 2022
How acquisition of apparel company Hop Lun is an example of Platinum Equity’s ability to ‘win over’ founder-owned companies
Platinum Equity’s decision to acquire a majority interest in Hop Lun, a global apparel company, is noteworthy for many reasons.Hop Lun is Platinum Equity’s fourth platform deal and first foray into the apparel business in Asia.It’s currently the fourth apparel company in Platinum Equity’s portfolio.The acquisition is also another instance of Platinum Equity building a solid working relationship with a founder-owned business. Current Plati... Read more
Platinum Equity’s decision to acquire a majority interest in Hop Lun, a global apparel company, is noteworthy for many reasons.Hop Lun is Platinum E... Read more
Platinum Equity’s decision to acquire a majority interest in Hop Lun, a global apparel company, is noteworthy for m. Read more
September 28, 2022
How commitment and resources drive Platinum Equity’s European momentum
The ability to execute European-headquartered global, pan-European, and domestic complex deals speaks to Platinum Equity’s commitment and deployment of resources in Europe.With the early 2022 acquisition of Leaders Romans Group, a UK-based property service firm, Platinum’s European portfolio includes: Spain-headquartered global environmental services leader Urbaser and global frozen seafood company Iberconsa, European vacation rentals group A... Read more
The ability to execute European-headquartered global, pan-European, and domestic complex deals speaks to Platinum Equity’s commitment and deployment... Read more
The ability to execute European-headquartered global, pan-European, and domestic complex deals speaks to Platinum Equ. Read more
September 20, 2022
Why Platinum Equity likes ‘high velocity M&A’ opportunity in UK property services market
Acquisition of Leaders Romans Group amplifies European momentum because of its place in the UK property marketIn early March, residential property letting company Leaders Romans Group announced the acquisition of Northfields Holdings, the first acquisition for United Kingdom-based LRG under the Platinum Equity umbrella.Since that acquisition, LRG has acquired SPL Property Management, GSC Estate Management, and Hose Rhodes Dickson.The M&A acti... Read more
Acquisition of Leaders Romans Group amplifies European momentum because of its place in the UK property marketIn early March, residential property let... Read more
Acquisition of Leaders Romans Group amplifies European momentum because of its place in the UK property marketIn earl. Read more
August 30, 2022
Why Detroit Pistons owner and Platinum Equity founder Tom Gores hopes basketball camps can be ‘foundation of success’ for kids
Jeremiah West was eager to volunteer at the five-day basketball camp recently held in the Petosky-Otsego neighborhood in Detroit.He fondly remembers when he was taught to play by older kids as a youth.“The camp keeps the kids active and teaches them the fundamentals of basketball,” West said of the early August camp that also allowed West to give back to his community. “Some of the kids don’t have a hoop at home so they come here, play ba... Read more
Jeremiah West was eager to volunteer at the five-day basketball camp recently held in the Petosky-Otsego neighborhood in Detroit.He fondly remembers w... Read more
Jeremiah West was eager to volunteer at the five-day basketball camp recently held in the Petosky-Otsego neighborhood. Read more
August 23, 2022
Aventiv Technologies Launches New Website Dedicated to Providing Information, Resources, and Support to Families and Friends of Incarcerated Individuals
“This new site is part of Aventiv’s larger transformation to better serve the families and friends who support their incarcerated loved ones” – Dave Abel, Aventiv CEODALLAS, August 23, 2022 — Aventiv Technologies, the leading corrections technology company driving efforts to better serve incarcerated individuals through rehabilitative justice, today announced the launch of a website dedicated to providing information, resources, and s... Read more
... Read more
“This new site is part of Aventiv’s larger transformation to better serve the families and friends who support t. Read more
August 12, 2022
Club Car president discusses company’s future as a ‘lifestyle brand’
EVANS, Ga. – Queen Elizabeth’s mode of transportation recently at the Royal Horticultural Society's Chelsea Flower Show drew considerable media attention.At the age of 95, she was driven in a $75,000, state-of-the art golf cart with all-weather capability. The cart came equipped with cream leather seats with reclining capability. Cup holders, a heated windscreen and Bluetooth capability were among the other features for the luxury vehicle.The... Read more
EVANS, Ga. – Queen Elizabeth’s mode of transportation recently at the Royal Horticultural Society's Chelsea Flower Show drew considerable media at... Read more
EVANS, Ga. – Queen Elizabeth’s mode of transportation recently at the Royal Horticultural Society's Chelsea Flowe. Read more
August 11, 2022
How Ball Metalpack $1.35 billion divestiture shows Platinum Equity can be a ‘trusted partner’ to corporate sellers
Stakeholders give insight into how good relations and trust are vital when it comes to corporate partnershipsWhen Platinum Equity and Ball Corporation sold Ball Metalpack to Sonoco for approximately $1.35 billion, it marked a successful exit for a Platinum-sponsored partnership with a corporate seller.The sale came after a comprehensive three-year transformation program where Ball Metalpack, the sustainable steel container manufacturer based i... Read more
Stakeholders give insight into how good relations and trust are vital when it comes to corporate partnershipsWhen Platinum Equity and Ball Corporati... Read more
Stakeholders give insight into how good relations and trust are vital when it comes to corporate partnershipsWhen Pla. Read more
