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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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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...
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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...
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May 05, 2021
‘Opportunity for significant upside’ driving force behind Custom Truck One Source-Nesco merger
On paper, the merger makes perfect sense.Custom Truck One Source and Nesco were competitors in the specialty rental equipment market, which serves many expected growth sectors.But with multiple stakeholders and concerns to satisfy, Platinum Equity Managing Director David Glatt said recently that it took more than a year to structure and close the transaction.“Typically you're negotiating with one party on either side, and there's give and take ... Read more
On paper, the merger makes perfect sense.Custom Truck One Source and Nesco were competitors in the specialty rental equipment market, which serves man... Read more
On paper, the merger makes perfect sense.Custom Truck One Source and Nesco were competitors in the specialty rental e. Read more
May 03, 2021
Securus Technologies Announces New Expansive Post-Incarceration Unit and Welcomes Community Justice Expert as Program Lead
Securus Technologies today announced the organization's new Post-Incarceration Business Unit, focused on identifying more opportunities to support individuals after release and provide critical resources to foster successful reentry. The organization has also welcomed Alisha James as Senior Vice President and General Manager of the Post-Incarceration team who is responsible for identifying and implementing new ways the organization can prepare an... Read more
Securus Technologies today announced the organization's new Post-Incarceration Business Unit, focused on identifying more opportunities to support ind... Read more
Securus Technologies today announced the organization's new Post-Incarceration Business Unit, focused on identifying . Read more
April 27, 2021
Securus Technologies Provides More Than 340 Million Free Minutes Of Phone Connections For Incarcerated Individuals During Pandemic
In their efforts to keeping families connected and to support re-entry they have offered 41.5 million free phone calls totaling over 341.5 million free minutes DALLAS, April 27, 2021 -- Securus Technologies today released its monthly update detailing the total number of free calls, video connections, JPay Stamps, news subscriptions and game downloads it has provided since the beginning of the COVID-19 pandemic. The offerings are part of an e... Read more
In their efforts to keeping families connected and to support re-entry they have offered 41.5 million free phone calls totaling over 341.5 million fre... Read more
In their efforts to keeping families connected and to support re-entry they have offered 41.5 million free phone call. Read more
April 17, 2021
Aventiv Technologies commits to diversify workforce through new partnership with Korn Ferry
Aventiv Technologies, parent company of Securus Technologies, today announced a new partnership with Korn Ferry (NYSE:KFY), a leading global organizational consulting firm, to help advance the corporation’s human capital goals as part of its ambitious, multi-year transformation agenda. The partnership enables Aventiv to launch a new Recruitment Process Outsourcing (RPO) initiative this month focused on attracting the most talented, diverse work... Read more
Aventiv Technologies, parent company of Securus Technologies, today announced a new partnership with Korn Ferry (NYSE:KFY), a leading global organizat... Read more
Aventiv Technologies, parent company of Securus Technologies, today announced a new partnership with Korn Ferry (NYSE. Read more
April 12, 2021
Platinum Equity to Acquire Club Car from Ingersoll Rand for $1.7 Billion
Global leader in golf, consumer and utility vehicles to benefit from Platinum Equity’s carve out experience and operational expertiseLOS ANGELES (April 12, 2021) – Platinum Equity announced today it has entered into a definitive agreement to acquire Club Car from Ingersoll Rand (NYSE:IR) in a transaction valued at approximately $1.7 billion. The acquisition, subject to standard closing conditions, is expected to be completed by the third quar... Read more
Global leader in golf, consumer and utility vehicles to benefit from Platinum Equity’s carve out experience and operational expertiseLOS ANGELES (Ap... Read more
Global leader in golf, consumer and utility vehicles to benefit from Platinum Equity’s carve out experience and ope. Read more
April 05, 2021
Yusef Jackson Joins Aventiv Technologies Executive Team
Aventiv Technologies and Platinum Equity today announced the appointment of Yusef Jackson as a senior executive at the company and advisor to the ownership group. Mr. Jackson will help Aventiv’s corrections subsidiary, Securus Technologies, expand and implement an ongoing operational transformation to make current products and services more affordable and accessible, and develop new offerings that help create better outcomes for incarcerated in... Read more
Aventiv Technologies and Platinum Equity today announced the appointment of Yusef Jackson as a senior executive at the company and advisor to the owne... Read more
Aventiv Technologies and Platinum Equity today announced the appointment of Yusef Jackson as a senior executive at th. Read more
April 05, 2021
Platinum Equity to Acquire the Cabinetworks Group, a Leading Manufacturer of Kitchen Cabinets
LOS ANGELES – April 5, 2021 – Platinum Equity today announced that it has entered into a definitive agreement to acquire The Cabinetworks Group (“Cabinetworks”) from American Industrial Partners, GIC and other equity holders. Cabinetworks is the largest independently owned manufacturer and distributor of kitchen and bath cabinets in the United States under the nation’s leading brands, including: KraftMaid, Medallion... Read more
LOS ANGELES – April 5, 2021 – Platinum Equity today announced that it has entered into a definitive agreement to acquire The Cabinetworks ... Read more
LOS ANGELES – April 5, 2021 – Platinum Equity today announced that it has entered into a definitive agree. Read more
April 01, 2021
Deluxe Acquires Sony’s Digital Fulfillment Business
LOS ANGELES, CA (April 1, 2021) -- Deluxe, a global provider of digital and cloud-based solutions to the world’s leading content production studios and distributors, announced today the acquisition of Sony New Media Solutions (“NMS”), a subsidiary of Sony Electronics Inc. Sony NMS provides a wide array of media platform services to many leading global media companies including Sony Pictures Entertainment. Terms of the deal will not be dis... Read more
LOS ANGELES, CA (April 1, 2021) -- Deluxe, a global provider of digital and cloud-based solutions to the world’s leading content production studios ... Read more
LOS ANGELES, CA (April 1, 2021) -- Deluxe, a global provider of digital and cloud-based solutions to the world’s le. Read more
April 01, 2021
Nesco Holdings Completes Acquisition of Custom Truck One Source in Partnership with Platinum Equity and Changes Its Name to Custom Truck One Source, Inc.
KANSAS CITY, Mo., April 1, 2021 -- Nesco Holdings, Inc. (NYSE: NSCO) ("Nesco"), which has been renamed as Custom Truck One Source, Inc. (the "Company") effective today, in partnership with an affiliate of Platinum Equity, LLC ("Platinum"), today announced the closing of the previously announced transaction to acquire Custom Truck One Source, L.P. ("CTOS") for a purchase price of $1.475 billion. Nesco and CTOS are leading providers of speci... Read more
KANSAS CITY, Mo., April 1, 2021 -- Nesco Holdings, Inc. (NYSE: NSCO) ("Nesco"), which has been renamed as Custom Truck One Source, Inc. (the "Co... Read more
KANSAS CITY, Mo., April 1, 2021 -- Nesco Holdings, Inc. (NYSE: NSCO) ("Nesco"), which has been renamed as Custo. Read more
March 31, 2021
Multi-Color Corporation Acquires Australian Label Manufacturer Herrods
Acquisition expands MCC’s in-mold labeling network, creates new foothold for growth in Asia Pacific regionHerrods leadership team to continue running business under existing brandCincinnati, OHIO and MELBOURNE, AUSTRALIA – March 31, 2021 - Multi-Color Corporation, one of the largest label companies in the world, today announced the acquisition of Melbourne, Australia-based Herrods, a leading provider of in-mold label (IML) solutions in Austr... Read more
Acquisition expands MCC’s in-mold labeling network, creates new foothold for growth in Asia Pacific regionHerrods leadership team to continue runnin... Read more
Acquisition expands MCC’s in-mold labeling network, creates new foothold for growth in Asia Pacific regionHerrods l. Read more
