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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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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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February 10, 2020
Gores Holdings III, Inc. Completes Acquisition of PAE From Platinum Equity
Combined company renamed PAE Incorporated and will trade on Nasdaq under PAE and PAEWW LOS ANGELES (February 10, 2020) – Gores Holdings III, Inc. (“Gores Holdings III”) (Nasdaq CM: GRSH, GRSHU, and GRSHW), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC (“The Gores Group” or “Gores”), today announced that it completed the acquisition of Platinum Equity portfolio company PAE (“PAE” o... Read more
Combined company renamed PAE Incorporated and will trade on Nasdaq under PAE and PAEWW LOS ANGELES (February 10, 2020) – Gores Holdings III, ... Read more
Combined company renamed PAE Incorporated and will trade on Nasdaq under PAE and PAEWW LOS ANGELES (February 1. Read more
January 31, 2020
Platinum Equity Completes $2.7 Billion Acquisition of Cision Ltd.
CHICAGO, Jan. 31, 2020 /PRNewswire/ -- Cision LTD., a leading global provider of software and services to public relations and marketing communications professionals, today announced that it has been acquired by an affiliate of Platinum Equity in an all cash transaction valued at approximately $2.7 billion.“Cision is well established as the industry standard platform for communications professionals navigating an increasingly complex enviro... Read more
CHICAGO, Jan. 31, 2020 /PRNewswire/ -- Cision LTD., a leading global provider of software and services to public relations and marketing communicat... Read more
CHICAGO, Jan. 31, 2020 /PRNewswire/ -- Cision LTD., a leading global provider of software and services to public r. Read more
January 21, 2020
Platinum Equity Acquires Marketing Technology Platform Centerfield, Completes Add-on Acquisition of Digital Ventures
Centerfield’s World-Class Customer Acquisition Technology Poised for Additional Growth and ExpansionLOS ANGELES – Jan 22, 2020 – Platinum Equity today announced the acquisition of Centerfield, a technology-driven marketing and customer acquisition company. The firm also announced that Centerfield has acquired Digital Ventures, which operates leading web sites in home security, residential services, senior services, and other verticals. Fina... Read more
Centerfield’s World-Class Customer Acquisition Technology Poised for Additional Growth and ExpansionLOS ANGELES – Jan 22, 2020 – Platinum Equity... Read more
Centerfield’s World-Class Customer Acquisition Technology Poised for Additional Growth and ExpansionLOS ANGELES –. Read more
January 13, 2020
Dave Abel Named Chief Executive Officer Of Aventiv Technologies And Its Corrections Subsidiary Securus Technologies
Mr. Abel Announces Accelerated Transformation Program Focused On Affordability, Accountability, Innovation and ReformDALLAS, Jan. 13, 2020 -- Technology and government services executive Dave Abel has been named President and Chief Executive Officer of Aventiv Technologies and its corrections services subsidiary Securus Technologies, effective immediately."Dave is an innovative leader who we recruited in April to develop and accelerate an am... Read more
Mr. Abel Announces Accelerated Transformation Program Focused On Affordability, Accountability, Innovation and ReformDALLAS, Jan. 13, 2020 -- Techn... Read more
Mr. Abel Announces Accelerated Transformation Program Focused On Affordability, Accountability, Innovation and Reform. Read more
January 10, 2020
Platinum Equity to Acquire Farnese Vini
LOS ANGELES (January 10, 2020) – Platinum Equity today announced the signing of a definitive agreement to acquire Farnese Group from NB Renaissance Partners. Financial terms were not disclosed.Headquartered in Pescara, Italy, Farnese markets and distributes wines from southern and central Italy. The company acquires grapes from local farmers, oversees production and markets wines under specialty labels to customers internationally.“Farnese ha... Read more
LOS ANGELES (January 10, 2020) – Platinum Equity today announced the signing of a definitive agreement to acquire Farnese Group from NB Renaissance ... Read more
LOS ANGELES (January 10, 2020) – Platinum Equity today announced the signing of a definitive agreement to acquire F. Read more
January 09, 2020
Wesco Aircraft Acquired by Affiliate of Platinum Equity, Combined with Pattonair at Closing
VALENCIA Calif., January 9, 2020 – Wesco Aircraft Holdings Inc. (NYSE: WAIR), one of the world’s leading distributors and providers of comprehensive supply chain management services to the global aerospace industry, today announced that the expected acquisition of the company by an affiliate of Platinum Equity has been completed in a transaction valued at approximately $1.9 billion. At closing, Wesco Aircraft was combined with Platinum Equity... Read more
VALENCIA Calif., January 9, 2020 – Wesco Aircraft Holdings Inc. (NYSE: WAIR), one of the world’s leading distributors and providers of comprehensi... Read more
VALENCIA Calif., January 9, 2020 – Wesco Aircraft Holdings Inc. (NYSE: WAIR), one of the world’s leading distribu. Read more
January 07, 2020
Platinum Equity Announces $10 Billion Final Close for Flagship Private Equity Fund
Platinum Equity Capital Partners V Will Deploy Firm’s Signature M&A&O® Strategy LOS ANGELES, CA (January 7, 2020) – Platinum Equity announced today the final close of its latest global buyout fund, Platinum Equity Capital Partners V, with $10 billion in total capital commitments.“We are very grateful for the support of our investors worldwide who have entrusted us with their capital and helped extend our global investment reach,”... Read more
Platinum Equity Capital Partners V Will Deploy Firm’s Signature M&A&O® Strategy LOS ANGELES, CA (January 7, 2020) – Platinum Equity annou... Read more
Platinum Equity Capital Partners V Will Deploy Firm’s Signature M&A&O® Strategy LOS ANGELES, CA (January 7. Read more
December 10, 2019
Vertiv, a Platinum Equity Portfolio Company, to List on New York Stock Exchange Through Business Combination with GS Acquisition Holdings
Creates publicly traded, pure-play critical digital infrastructure provider Columbus, Ohio Dec. 10, 2019 – Vertiv Holdings LLC (“Vertiv”), a Platinum Equity portfolio company, and a global provider of critical digital infrastructure and continuity solutions, today announced it will become a publicly traded company through a merger with GS Acquisition Holdings Corp (NYSE: GSAH, GSAH.U, GSAH WS), a special purpose acquisition company co-spon... Read more
Creates publicly traded, pure-play critical digital infrastructure provider Columbus, Ohio Dec. 10, 2019 – Vertiv Holdings LLC (“Vertiv”), a Pl... Read more
Creates publicly traded, pure-play critical digital infrastructure provider Columbus, Ohio Dec. 10, 2019 – Vertiv . Read more
November 22, 2019
Platinum Equity enters into exclusive negotiations to acquire Biscuit International from Qualium Investissement
Paris, 22 November 2019 – Platinum Equity, a global investment firm based in Los Angeles, announced that it has entered into exclusive negotiations with Qualium Investissement to acquire Biscuit International, a leading European manufacturer of private label sweet biscuits.Headquartered in Paris, Biscuit International employs approximately 1,900 people and generated sales in excess of €500m during the last 12 months, of which approximately tw... Read more
Paris, 22 November 2019 – Platinum Equity, a global investment firm based in Los Angeles, announced that it has entered into exclusive negotiations ... Read more
Paris, 22 November 2019 – Platinum Equity, a global investment firm based in Los Angeles, announced that it has ent. Read more
November 01, 2019
Platinum Equity Portfolio Company PAE Announces Merger Agreement with Gores Holdings III, Inc.
PAE to be Publicly Listed Company with $1.55 Billion Enterprise Value upon Consummation of Transaction LOS ANGELES (November 1, 2019) – Platinum Equity portfolio company PAE (“PAE” or the “Company”), trusted provider of outsourced solutions for enduring missions of the United States government and international partners for over 60 years, announced it has entered into a definitive agreement and plan of merger with ... Read more
PAE to be Publicly Listed Company with $1.55 Billion Enterprise Value upon Consummation of Transaction LOS ANGELES (November 1, 2019) – Platin... Read more
PAE to be Publicly Listed Company with $1.55 Billion Enterprise Value upon Consummation of Transaction LOS ANGELES . Read more
