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 ...
News
Latest News
Press Releases • May 02, 2025
Platinum Equity's Credit Team Leads Refinancing for Impact Climate Technologies
Incumbent lender Platinum steps up again with new financing solution to support ICT’s continued growth LOS ANGELES (April 30, 2025) – Platinum Equity announced today it led a financing for Impact Climate Technologies to refinance its existing indebtedness and support future growth of the business. ICT is a leading supplier of design-assist engineering and manufacturers’ representation services to the commercial HVAC industry across data center, healthcare, life sciences, education, government, industrial and other commercial end markets. ICT offers a comprehensive range of HVAC pro...
Read morePress Releases • April 16, 2025
Platinum Equity Supports Proposed Recapitalization Agreement at Aventiv Technologies
LOS ANGELES (April 16, 2025) – Platinum Equity confirmed today that it and other financial stakeholders have reached agreement to recapitalize Aventiv Technologies via an out-of-court debt-for-equity exchange. If approved by relevant regulatory agencies, the agreement, announced today, will facilitate Platinum’s long-anticipated divestiture of the business as Aventiv transitions to new ownership upon close of the transaction. In March 2024, Platinum initiated a process to evaluate strategic alternatives for Aventiv, which has been significantly transformed under Platinum’s ownershi...
Read morePress Releases • March 24, 2025
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 COLUMBUS, Ohio (March 24, 2025) – McGraw Hill, a leading global education company, announced the acquisition of Essaypop, an interactive, cloud-based writing solution built by teachers to demystify writing in a way that is user-friendly and intuitive for both educators and students. “The Essaypop acquisition further supports McGraw Hill's personalized learning capabilities and transformation into a global provider of digital learning solutions. This is another strat...
Read morePress Releases • February 19, 2025
Electro Rent Sells intellirent
Company divests ancillary division focused on power and infrastructure markets LOS ANGELES (February 19, 2025) – Platinum Equity portfolio company Electro Rent today announced the signing of a definitive agreement to sell its intellirent division to Sandbrook Capital. intellirent provides electrical test and measurement (“T&M”) equipment primarily serving the power generation and distribution, data center and renewable energy industries. Electro Rent, which has owned intellirent since 2018, expressed confidence in the company’s continued growth under new ownership. “T...
Read morePress Releases • February 12, 2025
Platinum Equity Completes Acquisition of Héroux-Devtek
LOS ANGELES (February 12, 2025) – Platinum Equity announced today that the acquisition of Héroux-Devtek Inc. (TSX: HRX), a leading international manufacturer of aerospace products and the world’s third-largest landing gear manufacturer, has been completed. “We have been investing in Canada for a long time and know the market dynamics and leading sectors very well. We believe there are a lot of opportunities to create value in partnership with Canadian businesses that can benefit from our approach. ” Louis Samson, Co-President, Platinum Equity “We have tremendous respect for ...
Read morePress Releases • February 04, 2025
Platinum Equity Sells Livingston to Purolator
North American full-service customs brokerage firm divested following multi-year transformation campaign Platinum Equity to continue pursuing opportunities to expand its portfolio of Canadian investments LOS ANGELES (February 4, 2025) – Platinum Equity announced today the sale of Livingston International, an international trade services firm specializing in customs brokerage, freight forwarding and trade consulting, to Purolator, Inc., a leading integrated freight, package and logistics solutions provider. Financial terms of the transaction were not disclosed. Established in 1945...
Read more
Post 
In 
Email 
Copy link