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By offering a creative financing solution for the combined consideration of $1.2B and by negotiating advantageous contractual terms, Platinum navigated a challenging M&A market to create a platform poised for additional g...
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Latest Article
How $35M renewal of Alabama refractory plant is a ‘remarkable’ story for HarbisonWalker
September 04, 2023
FAIRFIELD, Ala. – The shuttered plant was in rough shape. During a 2021 visit to check the condition of the idled plant, which once manufactured refractory products used for aluminum production, HarbisonWalker International...
Latest Article
Latest Article
Michigan announces Cabinetworks Group adding 110 jobs, relocating corporate headquarters to Detroit suburb
August 31, 2023
Michigan officials announced recently that Cabinetworks Group will add 110 corporate and professional services jobs while moving its headquarters from Ann Arbor, Mich., to a nearby Detroit suburb.Gov. Gretchen Whitmer and the...
Latest Article
September 05, 2023
As headwinds sidelined strategic buyers, Platinum stepped up to deliver speed and certainty for Calderys carveout and HarbisonWalker add-on
By offering a creative financing solution for the combined consideration of $1.2B and by negotiating advantageous contractual terms, Platinum navigated a challenging M&A market to create a platform poised for additional growth and investment. In a matter of 20 days, Platinum closed a €930m EV carveout deal for the refractories business of French-headquartered corporate Imerys, plus the transformative add-on of HarbisonWalker Internationa... Read more
By offering a creative financing solution for the combined consideration of $1.2B and by negotiating advantageous contractual terms, Platinum navigate... Read more
By offering a creative financing solution for the combined consideration of $1.2B and by negotiating advantageous con. Read more
September 04, 2023
How $35M renewal of Alabama refractory plant is a ‘remarkable’ story for HarbisonWalker
FAIRFIELD, Ala. – The shuttered plant was in rough shape. During a 2021 visit to check the condition of the idled plant, which once manufactured refractory products used for aluminum production, HarbisonWalker International representatives Kevin Ballard and Jason West came upon a scene where Mother Nature was winning. Ballard, vice president of operations and engineering, recalled the visit in June. “Weeds were high, and some pigeons had foun... Read more
FAIRFIELD, Ala. – The shuttered plant was in rough shape. During a 2021 visit to check the condition of the idled plant, which once manufactured ref... Read more
FAIRFIELD, Ala. – The shuttered plant was in rough shape. During a 2021 visit to check the condition of the idled p. Read more
August 31, 2023
Michigan announces Cabinetworks Group adding 110 jobs, relocating corporate headquarters to Detroit suburb
Michigan officials announced recently that Cabinetworks Group will add 110 corporate and professional services jobs while moving its headquarters from Ann Arbor, Mich., to a nearby Detroit suburb.Gov. Gretchen Whitmer and the Michigan Economic Development Corporation said the cabinet manufacturer plans to “centralize corporate functions to better serve its customer base and to attract and retain talent by relocating to a Livonia, Mich., facilit... Read more
Michigan officials announced recently that Cabinetworks Group will add 110 corporate and professional services jobs while moving its headquarters from... Read more
Michigan officials announced recently that Cabinetworks Group will add 110 corporate and professional services jobs w. Read more
August 29, 2023
Unical Aviation CEO Sharon Green: How focus on operations, efficiency, has fueled growth at aftermarket aircraft parts supplier
Sharon Green was on the General Electric Co. transition team following the sale of GE Capital Aviation Services to Irish aircraft leasing giant Aercap, a deal worth $30 billion.As the transition period was winding down, Green received several calls from a headhunter representing Platinum Equity. It was seeking an experienced executive to run Unical Aviation, which Platinum Equity acquired in July 2021. The Small Cap investment team led the acquis... Read more
Sharon Green was on the General Electric Co. transition team following the sale of GE Capital Aviation Services to Irish aircraft leasing giant Aercap... Read more
Sharon Green was on the General Electric Co. transition team following the sale of GE Capital Aviation Services to Ir. Read more
August 17, 2023
Why Jalen Rose appreciates Tom Gores’, Platinum Equity’s decade-long support of JRLA annual golf outing fundraiser
DETROIT – Earlier this summer, Jalen Rose walked the hallways with students at the school that bears his name as the youths shared goals and aspirations for the upcoming school year. The visit to the Jalen Rose Leadership Academy came roughly a month after Rose presided over graduation ceremonies for the school’s ninth senior class. Before his session with students, Rose, who starred as a point guard at now-closed Detroit Southwestern ... Read more
DETROIT – Earlier this summer, Jalen Rose walked the hallways with students at the school that bears his name as the youths shared goals and aspira... Read more
DETROIT – Earlier this summer, Jalen Rose walked the hallways with students at the school that bears his name as t. Read more
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 a... Read more
LOS ANGELES, Aug. 15, 2023 — Platinum Equity announced today it provided a Second-Lien Term Loan (“Term Loan”) to Railway Equipment Leasing and ... Read more
LOS ANGELES, Aug. 15, 2023 — Platinum Equity announced today it provided a Second-Lien Term Loan (“Term Loan”) . Read more
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 ... Read more
LOS ANGELES, August 3, 2023 — Platinum Equity announced today that the acquisition of The HC Companies, a leading North American manufacturer of hor... Read more
LOS ANGELES, August 3, 2023 — Platinum Equity announced today that the acquisition of The HC Companies, a leading N. Read more
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 marke... Read more
... Read more
LOS ANGELES, July 25, 2023 — Platinum Equity announced today it provided an unsecured term loan to the Tom Barrow C. Read more
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... Read more
LOS ANGELES, July 17, 2023 — Platinum Equity announced today the signing of a definitive agreement to acquire The HC Companies, a leading North Amer... Read more
LOS ANGELES, July 17, 2023 — Platinum Equity announced today the signing of a definitive agreement to acquire The H. Read more
July 06, 2023
Platinum Equity, Solenis executives: Diversey merger creates broader, more global platform
Announced earlier this year, Solenis has formally acquired Diversey in an all-cash transaction valued at $4.6 billion. Headquartered in Wilmington, Del., Solenis is a global manufacturer of specialty chemicals used in water-intensive industries. Platinum Equity acquired Solenis in 2021. Diversey is a global provider of hygiene, infection prevention and cleaning solutions based in Fort Mill, S.C. Diversey distributes familiar brands like Lys... Read more
Announced earlier this year, Solenis has formally acquired Diversey in an all-cash transaction valued at $4.6 billion. Headquartered in Wilmington,... Read more
Announced earlier this year, Solenis has formally acquired Diversey in an all-cash transaction valued at $4.6 billion. Read more
