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July 25, 2023

Platinum Equity Credit Team Announces Financing to Support Acquisition of Tom Barrow Company

LOS ANGELES, July 25, 2023 — Platinum Equity announced today it provided an unsecured term loan to the Tom Barrow Company in connection with Ardian’s recent acquisition of a majority stake in the business. Tom Barrow is a leading supplier of design-assist engineering and manufacturers’ representation services to the commercial HVAC industry across healthcare, life sciences, education, government, industrial and other commercial end markets. Tom Barrow offers a comprehensive range of HVAC product lines, including custom air handling units, packaged equipment, precision cooling equipmen...

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July 17, 2023

Platinum Equity to Acquire Horticultural Container Manufacturer HC Companies

LOS ANGELES, July 17, 2023 — Platinum Equity announced today the signing of a definitive agreement to acquire The HC Companies, a leading North American manufacturer of horticultural containers. Financial terms were not disclosed. The transaction is expected to close in the next several weeks, subject to certain closing conditions. 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 ...

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July 05, 2023

Solenis Completes Acquisition of Diversey for $4.6 Billion

Deal combines two industry leaders in adjacent but highly complementary markets WILMINGTON, Del. (USA) — Solenis, a leading manufacturer of specialty chemicals used in water-intensive industries, has completed its previously announced acquisition of Diversey Holdings, Ltd., effective July 5, in an all-cash transaction valued at an enterprise value of approximately $4.6 billion. Diversey is a leading provider of hygiene, infection prevention and cleaning products and technology. With the acquisition, Solenis has grown to an enterprise operating in over 130 countries with 71 manufacturin...

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July 02, 2023

Platinum Equity Acquires JELD-WEN Australasia Windows and Doors Business

LOS ANGELES, July 2, 2023 — Platinum Equity announced today that the acquisition of the JELD-WEN Australasia windows, doors and related building products business from JELD-WEN Holding, Inc. for approximately $461 million has been completed. “We are pleased to have provided a divestiture solution to JELD-WEN as the company continues to streamline and simplify its business,” said Platinum Equity Co-President Louis Samson. “Platinum has decades of experience with corporate carve outs and we expect a seamless transition. We are excited about the prospects for the Australasia business a...

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April 17, 2023

Platinum Equity to Acquire JELD-WEN Australasia Windows and Doors Business

LOS ANGELES, April 16, 2023 — Platinum Equity announced today the signing of a definitive agreement to acquire the JELD-WEN Australasia windows, doors and related building products business from JELD-WEN Holding, Inc. (NYSE: JELD) for approximately $461 million. The transaction is expected to close in the third quarter of 2023, subject to certain closing conditions and regulatory approvals. “We are proud to have crafted a divestiture solution that delivers speed and certainty to JELD-WEN at a time when the M&A market remains challenging,” said Platinum Equity Co-President Louis...

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April 03, 2023

Platinum Equity Acquires Majority Share of Tarter Farm and Ranch Equipment

LOS ANGELES, April 3, 2023 — Platinum Equity announced today the acquisition of a majority interest in Tarter Farm and Ranch Equipment from affiliates of the company’s founders. The Tarter family remains a minority shareholder. Financial terms were not disclosed. Founded by the Tarter family in 1945 as the Tarter Gate Company, the business has expanded significantly in recent years to include a broad range of ranch and farm equipment. Today Tarter manufactures animal gates and fencing solutions, tractor implements, planters and fire rings, and animal feeding and handling equipment fo...

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