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Platinum Equity's Jacob Kotzubei at Milken: Differentiation Key to Innovation

Platinum Equity's Jacob Kotzubei at Milken: Differentiation Key to Innovation

LOS ANGELES – Platinum Equity Co-President Jacob Kotzubei recently told a Milken Institute Global Conference audience ...
Platinum Equity Flexes Ops Muscles To Stay Ahead of the Curve on Tariffs

Platinum Equity Flexes Ops Muscles To Stay Ahead of the Curve on Tariffs

BEVERLY HILLS, CA (May 13, 2025) – Companies worldwide have been forced onto uncertain footing in assessing and mitiga...
Why Platinum Equity Portco McGraw Hill Accelerated Its Digital Transformation

Why Platinum Equity Portco McGraw Hill Accelerated Its Digital Transformation

EAST YORK, Pa. — Some things just came naturally to Jackson Lau. Take math. For years, he cruised through the subje...
McGraw Hill Acquires Essaypop, Strengthening its Portfolio of Digital Literacy Tools

McGraw Hill Acquires Essaypop, Strengthening its Portfolio of Digital Literacy Tools

Interactive, Research-based Writing Solution Will Enhance McGraw Hill’s Personalized Learning Capabilities for K-12 ...
Platinum Equity’s 2024 Highlighted by $12.4B Fund VI Close, Ingram IPO, Deal Uptick

Platinum Equity’s 2024 Highlighted by $12.4B Fund VI Close, Ingram IPO, Deal Uptick

In spite of a challenging climate for fund raising, Platinum Equity Capital Partners VI (“Fund VI”) closed in 2024 w...
Platinum Equity Sells Livingston to Purolator

Platinum Equity Sells Livingston to Purolator

North American full-service customs brokerage firm divested following multi-year transformation campaign Platinum Equ...
Platinum Equity Invests in R&B Wholesale Distributors

Platinum Equity Invests in R&B Wholesale Distributors

Leading regional home appliance distributor looking to expand its reach Transaction extends momentum of Platinum Equi...
Why Platinum Equity Acquired ‘Proud’ Family-Owned Italian Pesto Sauce Producer Polli

Why Platinum Equity Acquired ‘Proud’ Family-Owned Italian Pesto Sauce Producer Polli

In 1872, Fausto Polli opened a small store front selling canned vegetables in the heart of Milan. Since that humble b...
Jostens Announces $640 Million Dividend Recap

Jostens Announces $640 Million Dividend Recap

Koch Equity Development invests $450 million, will own minority stake in the business LOS ANGELES (November 12, 2024)...
Ingram Micro begins trading on NYSE

Ingram Micro begins trading on NYSE

Stock closed first day of trading up nearly 12% at $24.60 vs IPO price of $22 Offering raised more than $400 million ...
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March 21, 2005

Global Crossing Announces Sale of Small Business Group to Platinum Equity's Matrix Telecom

Florham Park, NJ -- Global Crossing (NASDAQ: GLBC) announced today that it has entered into a purchase agreement to sell its small business group (SBG) to Matrix Telecom®, a Platinum Equity company. Under the agreement, Global Crossing will receive $40.5 million in gross cash proceeds for SBG. In addition, Global Crossing and Matrix have entered into a long term carrier services agreement under which Global Crossing will offer its full suite of voice, data and IP services to Matrix. The sale is subject to regulatory approval and is expected to close during the third quarter of 2005. Global...

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January 18, 2005

Platinum Equity Acquires Universal Group Direct and Dial Business Units from Vivendi Universal

Businesses in France and the United Kingdom are Europe’s Largest Club-Based Marketers of DVD, CD and Video Game Entertainment   LOS ANGELES (Jan. 17, 2005) – Platinum Equity announced today that it has acquired Universal Group Direct and DIAL – Europe’s largest club-based marketers of DVD, CD and video game entertainment – from Vivendi Universal.   Financial terms were not disclosed. The two businesses serve about 1.5 million active customers and generate annual revenue of approximately €170 million.   “These are the leading home entertainment dis...

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