Platinum Equity's Credit Team Leads Financing for Kodak Alaris
Recapitalization aims to assist company believed to have ‘untapped commercial opportunity.’
Company Overview
- Pistons Sports & Entertainment assets include the Detroit Pistons NBA franchise, the Henry Ford Detroit Pistons Performance Center, the G-League franchise Motor City Cruise, and the live entertainment company 313 Presents.
- The Pistons were founded in 1941 and are one of eight original NBA franchises. The team moved to Detroit in 1957 and has won three NBA titles (1989, 1990, 2004).
- 313 Presents is a joint partnership formed in 2017 with Olympia Entertainment. The venture produces concerts, theatrical productions, sporting events and family-themed shows at six world-class venues: Little Caesars Arena, the Fox Theatre, Comerica Park, DTE Energy Music Theatre, Meadow Brook Amphitheatre and Michigan Lottery Amphitheatre.
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