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December 06, 2023

Platinum Equity Sells Valpak to AmatoMartin

LOS ANGELES (Dec. 4, 2023) – Platinum Equity announced the sale of marketing and advertising solutions provider Valpak to AmatoMartin, a privately held investment holding company. Valpak, based in St. Petersburg, Florida, is a leader in omnichannel media and direct marketing solutions for local businesses and national brands. The company is trusted by 34,000 businesses to drive lead generation and brand awareness through direct mail and digital advertising solutions. Valpak will join Clipper Magazine in AmatoMartin’s portfolio. Platinum Equity acquired Valpak as a corporate carveo...

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November 06, 2023

Kohler Co. to Establish Energy Division as Independent Business with Platinum Equity as Majority Interest Partner, Accelerating Long-Term Growth Strategies for both Organizations

Standalone business providing energy resilience solutions expected to benefit from Platinum Equity’s carve-out experience and operational expertise   LOS ANGELES (Nov. 6, 2023) – Kohler Co. today announced the strategic decision to set Kohler Energy up as a separate, independent business with Platinum Equity engaged as the majority investment partner. Kohler will continue to stay invested in the Energy business following the closing and remains committed to supporting its upward trajectory built on a proven track record of strong performance in the global energy resilience marketpla...

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October 16, 2023

Platinum Equity to Acquire Co-Controlling Stake in US LBM

Platinum Equity and Existing Investor Bain Capital to Have Equal Ownership and Shared Commitment to Support Company’s Evolution as the Most Trusted Partner to Builders Across the Country   LOS ANGELES (October 16, 2023) – Platinum Equity announced today the signing of a definitive agreement to acquire a co-controlling stake in US LBM, a leading distributor of specialty building materials in the United States, from Bain Capital Private Equity (“Bain Capital”). Bain Capital and Platinum Equity will have equal ownership stakes and joint Board governance. Financial terms of the priv...

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October 02, 2023

Platinum Equity to Acquire Majority Interest in the Cook & Boardman Group from Littlejohn

LOS ANGELES (September 29, 2023) – Platinum Equity announced today the signing of a definitive agreement to acquire a majority interest in The Cook & Boardman Group (“Cook & Boardman” or “C&B”) from Littlejohn & Co., LLC (“Littlejohn”). Littlejohn will remain a significant minority shareholder. Financial terms of the transaction were not disclosed. Established in 1955 and based in Winston-Salem, North Carolina, Cook & Boardman is a leading specialty distributor of commercial door and security integration solutions. The company offers a broad range of pro...

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August 15, 2023

Platinum Equity’s Credit Team Provides Term Loan to RELAM to Support Company’s Growth

LOS ANGELES, Aug. 15, 2023 — Platinum Equity announced today it provided a Second-Lien Term Loan (“Term Loan”) to Railway Equipment Leasing and Maintenance Inc. (“RELAM”) to refinance existing indebtedness and support future growth of the business. RELAM is a well-known provider of specialty rental equipment for recurring, regulatory-driven maintenance-of-way (“MOW”) work on railroads, serving the industry’s largest operators and contracted service providers. “We are pleased to have provided RELAM a financing solution with speed and certainty in a market that remains co...

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August 03, 2023

Platinum Equity Completes Acquisition of Horticultural Container Manufacturer HC Companies

LOS ANGELES, August 3, 2023 — Platinum Equity announced today that the acquisition of The HC Companies, a leading North American manufacturer of horticultural containers, has been completed. Financial terms were not disclosed. Headquartered in Twinsburg, Ohio, HC operates six manufacturing locations and distribution centers in the US and Canada. The company produces a wide range of planters, pots, and accessories for the greenhouse, nursery and retail markets, including fiber and biobased solutions produced with post-consumer and post-industrial materials to meet increasing consumer deman...

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