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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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January 07, 2021
Deluxe Acquires Sundog Media Toolkit
UK firm provides mastering and versioning services for theatrical, television, and OTT content LOS ANGELES, CA, JANUARY 07, 2021 - Deluxe, the global provider of digital and cloud-based solutions to the world’s leading content production studios and distributors, announced today their acquisition of UK-based Sundog Media Toolkit, Ltd. (“Sundog”). Financial terms were not disclosed. Founded in 2013 by CEO Richard Welsh and CTO Chris Ralph,... Read more
UK firm provides mastering and versioning services for theatrical, television, and OTT content LOS ANGELES, CA, JANUARY 07, 2021 - Deluxe, the global... Read more
UK firm provides mastering and versioning services for theatrical, television, and OTT content LOS ANGELES, CA, JANU. Read more
January 04, 2021
Platinum Equity Acquires Controlling Stake in Mad Engine, A Global Provider of Licensed, Branded, and Private Label Apparel and Accessories
Company’s current shareholders and management team retain minority interest and leadership responsibilitiesTransaction highlights continued momentum of Platinum Equity’s Small Cap teamLOS ANGELES AND SAN DIEGO (January 4, 2021) – Platinum Equity announced today that it has acquired a controlling stake in leading apparel company Mad Engine from affiliates of the company’s current ownership group, which has owned the business since 2011. Th... Read more
Company’s current shareholders and management team retain minority interest and leadership responsibilitiesTransaction highlights continued momentum... Read more
Company’s current shareholders and management team retain minority interest and leadership responsibilitiesTransact. Read more
December 31, 2020
Platinum Equity Completes Sale of PrimeSource to Clearlake Capital Group
LOS ANGELES (December 31, 2020) – Platinum Equity announced today that the sale of PriSo Holding Corporation (“PrimeSource”, or the “Company”) to Clearlake Capital Group, L.P. (together with affiliates, “Clearlake”) has been completed. PrimeSource is a leading global distributor of specialty building materials serving residential, commercial, and industrial new-construction and remodeling markets. Founded in 1990, PrimeSource... Read more
... Read more
LOS ANGELES (December 31, 2020) – Platinum Equity announced today that the sale of PriSo Holding Corporation (“Pr. Read more
December 22, 2020
Platinum Equity Sells Compart Systems to Shanghai Wanye Enterprises
LOS ANGELES (December 22, 2020) – Platinum Equity announced today that it sold Compart Systems Pte Ltd. (“Compart” or the “Company”) to Shanghai Wanye Enterprises Co., Ltd. (“Wanye”) in a transactions valued at approximately $398 million.Compart, headquartered in Singapore with primary operations in China and Malaysia, is a supplier of high-precision, machined metal components including valves, fittings, sensors, and related compone... Read more
LOS ANGELES (December 22, 2020) – Platinum Equity announced today that it sold Compart Systems Pte Ltd. (“Compart” or the “Company”) to Shan... Read more
LOS ANGELES (December 22, 2020) – Platinum Equity announced today that it sold Compart Systems Pte Ltd. (“Compart. Read more
December 18, 2020
How Platinum Equity founder Tom Gores’ $350,000 pledge during SAY Detroit fundraiser will help spread gift of helping others
Tom Gores’ charitable donations to SAY Detroit have become an annual occurrence. Earlier this week, the founder and CEO of Platinum Equity found a creative way to spur the spirit of giving in children. Gores called the Detroit non-profit’s recent annual radiothon and pledged $350,000 during the event for the charity providing assistance to the city’s neediest residents, needs that have been exacerbated during the COVID-19 pandemic. But i... Read more
Tom Gores’ charitable donations to SAY Detroit have become an annual occurrence. Earlier this week, the founder and CEO of Platinum Equity found a ... Read more
Tom Gores’ charitable donations to SAY Detroit have become an annual occurrence. Earlier this week, the founder an. Read more
December 17, 2020
Husky’s manufacturing acumen showcases multi-purpose (and sustainable) PET solutions
The brief conversation made cinematic history.In The Graduate, a young Dustin Hoffman plays Benjamin Braddock, who gets career advice from a family friend shortly after college graduation.Mr. McGuire: Plastics.Benjamin: Exactly how do you mean?Mr. McGuire: There's a great future in plastics. Think about it. Will you think about it?Benjamin: Yes, I will.Mr. Maguire: OK. Enough said. That's a deal.Husky Injection Molding Systems CEO John Galt, wh... Read more
The brief conversation made cinematic history.In The Graduate, a young Dustin Hoffman plays Benjamin Braddock, who gets career advice from a family fr... Read more
The brief conversation made cinematic history.In The Graduate, a young Dustin Hoffman plays Benjamin Braddock, who ge. Read more
December 17, 2020
How Tom Gores cultivated the Detroit Pistons’ push for diversity and inclusion
It is an annual occurrence in NBA markets.Shortly after the draft, a news conference is held to introduce the young prospects to local media.The front office’s top talent evaluator and the head coach explain the reasoning behind the selections and why this collection of talent will ultimately lead to winning games.That was the scene on Nov. 27 when the Detroit Pistons presented their 2020 draft class - rookies Killian Hayes, Isaiah Washington, ... Read more
It is an annual occurrence in NBA markets.Shortly after the draft, a news conference is held to introduce the young prospects to local media.The front... Read more
It is an annual occurrence in NBA markets.Shortly after the draft, a news conference is held to introduce the young p. Read more
December 09, 2020
Platinum Equity to Acquire Ingram Micro for $7.2 Billion
Acquisition of World’s Largest Technology Distributor and Leading Provider of Logistics Solutions and Services to Leverage Platinum Equity’s Industry Experience, Financial Resources and Global Operating Expertise Ingram Micro, with $47 Billion of Annual Sales, Gains Added Flexibility and Resources to Accelerate Growth and Execute on Strategic Initiatives Under Platinum Equity’s OwnershipLOS ANGELES and IRVINE, California (December 9, 2020) ... Read more
Acquisition of World’s Largest Technology Distributor and Leading Provider of Logistics Solutions and Services to Leverage Platinum Equity’s Indus... Read more
Acquisition of World’s Largest Technology Distributor and Leading Provider of Logistics Solutions and Services to L. Read more
December 03, 2020
Nesco Holdings to Acquire Custom Truck One Source and Create Leading Specialty Rental Equipment Company in Partnership with Platinum Equity
Transformative transaction resulting in greater scale and enhanced depth and breadth of products and services to better serve highly attractive infrastructure-related end-market customers Platinum Equity, the premier financial sponsor in the specialty rental equipment industry, has committed to invest over $850 million in Nesco and will hold a majority interest in the combined company Nesco lead investors, Energy Capital Partners and Capitol In... Read more
Transformative transaction resulting in greater scale and enhanced depth and breadth of products and services to better serve highly attractive infras... Read more
Transformative transaction resulting in greater scale and enhanced depth and breadth of products and services to bett. Read more
November 13, 2020
Platinum Equity to Sell PrimeSource to Clearlake Capital Group
Global Distributor of Specialty Building Materials will Serve as Clearlake’s Latest Platform for Organic Growth and Add-on Acquisitions in the Specialty Distribution SectorLOS ANGELES, CA, SANTA MONICA, CA AND IRVING, TX (November 13, 2020) – Platinum Equity announced today the signing of a definitive agreement to sell PriSo Holding Corporation (“PrimeSource”, or the “Company”) to Clearlake Capital Group, L.P. (together with affiliat... Read more
Global Distributor of Specialty Building Materials will Serve as Clearlake’s Latest Platform for Organic Growth and Add-on Acquisitions in the Spec... Read more
Global Distributor of Specialty Building Materials will Serve as Clearlake’s Latest Platform for Organic Growth and. Read more
