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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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November 11, 2020
Update: Securus reports ‘significant’ progress with transformation agenda
Securus reduced phone rates, provided 50% customer savings, and introduced new tablet software and a pre-paid card with discounted payment services as part of their commitment to actionable reform. DALLAS, TEXAS– Aventiv Technologies and its corrections-services subsidiary Securus Technologies, today reported progress made toward comprehensive, transformation commitments announced in mid-January to make the company’s products and... Read more
Securus reduced phone rates, provided 50% customer savings, and introduced new tablet software and a pre-paid card with discounted payment services ... Read more
Securus reduced phone rates, provided 50% customer savings, and introduced new tablet software and a pre-paid card . Read more
October 08, 2020
Leading From the Front
Oct. 8, 2020Mr. Michael GovanLos Angeles County Museum of Art5905 Wilshire Blvd.Los Angeles, CA 90036Dear Michael and Trustees,Thank you for your time and dialogue last week in speaking to the important issues of social justice, racial justice and criminal justice reform as it relates to the board’s service on behalf of the museum.I was happy to answer questions about Platinum Equity’s investment in Securus Technologies, and to detail our com... Read more
Oct. 8, 2020Mr. Michael GovanLos Angeles County Museum of Art5905 Wilshire Blvd.Los Angeles, CA 90036Dear Michael and Trustees,Thank you for your time... Read more
Oct. 8, 2020Mr. Michael GovanLos Angeles County Museum of Art5905 Wilshire Blvd.Los Angeles, CA 90036Dear Michael and. Read more
October 07, 2020
How PCI brought needed tech solution to market in Singapore’s COVID-19 fight
The Singapore government made a significant announcement last month.To bring widespread contact tracing to the city-state in southeast Asia, TraceTogether tokens, which use Bluetooth technology, were distributed nationwide.The goal is to achieve 60-70% population adoption of the TraceTogether program, which comprises a smartphone app and the token, by the end of the year as the country moves slowly to ease measures aimed to mitigate the spread of... Read more
The Singapore government made a significant announcement last month.To bring widespread contact tracing to the city-state in southeast Asia, TraceToge... Read more
The Singapore government made a significant announcement last month.To bring widespread contact tracing to the city-s. Read more
October 05, 2020
Securus Technologies Supports the American Cancer Society through the Company's eCard Program during October for Breast Cancer Awareness Month
DALLAS, Oct. 5, 2020 -- Securus Technologies is proud to announce the company will be donating fifty percent of proceeds from the company's "Fight Against Breast Cancer" suite of eCards to the American Cancer Society (ACS) to help in the fight against a disease that takes thousands of lives each year. According to cancer.org, breast cancer death rates in the U.S. are higher than those for women than any other cancer, besides lung cancer. D... Read more
DALLAS, Oct. 5, 2020 -- Securus Technologies is proud to announce the company will be donating fifty percent of proceeds from the company's "Fight ... Read more
DALLAS, Oct. 5, 2020 -- Securus Technologies is proud to announce the company will be donating fifty percent of pr. Read more
October 02, 2020
How Tom Gores’ call for change has assisted Detroit Pistons’ community involvement
In response to summer’s civil unrest, NBA franchise has been at the forefront of voting galvanization efforts in Detroit With the COVID-19 crisis still ongoing, voters need safe options for the upcoming election. The Detroit Pistons continue to assist those efforts. Last month, on the first day of early voting in Michigan, Secretary of State Jocelyn Benson, Detroit City Clerk Janice Winfrey and Pistons vice chairman Arn Tellem unveiled a vot... Read more
In response to summer’s civil unrest, NBA franchise has been at the forefront of voting galvanization efforts in Detroit With the COVID-19 crisis s... Read more
In response to summer’s civil unrest, NBA franchise has been at the forefront of voting galvanization efforts in De. Read more
September 29, 2020
Securus Technologies’ Unity Platform is the latest investment in the incarcerated community
The organization combined the best elements of classic JPay and Securus platforms to provide one, comprehensive software program that can integrate into any correctional facility. DALLAS, Sept. 29, 2020 -- Securus Technologies today introduced the organization's newest digital offering to the corrections industry, the Securus Unity Platform. As the pioneers of tablet technology, Securus leveraged the organization's nearly ten-years of tablet ... Read more
The organization combined the best elements of classic JPay and Securus platforms to provide one, comprehensive software program that can integrate in... Read more
The organization combined the best elements of classic JPay and Securus platforms to provide one, comprehensive softw. Read more
September 28, 2020
How Platinum Equity’s Small Cap team has put experience and capital to work during COVID-19 crisis
Theater goers have not exactly flocked back to movie houses in the U.S.A slow stream of new releases began in August. The month of September saw the release of Tenet, a planned summer blockbuster from noted director Christopher Nolan. The viewing public’s response was underwhelming. After months of COVID-19 forced closures, Tenet failed to earn $30 million in its first two weeks in theaters.Although theaters are still closed in the two largest ... Read more
Theater goers have not exactly flocked back to movie houses in the U.S.A slow stream of new releases began in August. The month of September saw the r... Read more
Theater goers have not exactly flocked back to movie houses in the U.S.A slow stream of new releases began in August.. Read more
September 22, 2020
Statement from Platinum Equity: No intention to make an offer for AA plc (“AA”)
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") FOR IMMEDIATE RELEASE 23 September 2020 Statement from Platinum Equity: No intention to make an offer... Read more
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONST... Read more
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISD. Read more
September 11, 2020
Update: Securus Technologies Reports More Than 50 Percent Reduction in Fees for Third-Party Transactions on Calling Accounts
Fees for 3rd party retail transactions reduced to $4.95 DALLAS, TEXAS–Aventiv Technologies and its corrections-services subsidiary Securus Technologies today announced that it has renegotiated pricing on third party vendor contracts. Consumers pay processing fees for cash deposits to fund telephone accounts by third party retail vendors such as Western Union and MoneyGram. These new prices result in a combined total cost reduction for con... Read more
Fees for 3rd party retail transactions reduced to $4.95 DALLAS, TEXAS–Aventiv Technologies and its corrections-services subsidiary Securus Technol... Read more
Fees for 3rd party retail transactions reduced to $4.95 DALLAS, TEXAS–Aventiv Technologies and its corrections-se. Read more
September 02, 2020
Securus Technologies’ ‘Lantern’ shines brightly in helping 600 students earn degrees from Ashland University
DALLAS, Sept. 2, 2020 -- Securus Technologies today announces that its Lantern Program has helped 600 incarcerated students earn bachelors and associates degrees from its partner, Ashland University. Created in 2016, Lantern is a first-of-its-kind learning management system built specifically for corrections to provide incarcerated students access to digital education. It has grown to become the largest digital education program for the i... Read more
DALLAS, Sept. 2, 2020 -- Securus Technologies today announces that its Lantern Program has helped 600 incarcerated students earn bachelors and a... Read more
DALLAS, Sept. 2, 2020 -- Securus Technologies today announces that its Lantern Program has helped 600 incarcera. Read more
