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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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November 07, 2018
Platinum Equity to Acquire Jostens from Newell Brands
LOS ANGELES (Nov. 7, 2018) – Platinum Equity today announced it has signed a definitive agreement to acquire Jostens from Newell Brands in a transaction valued at approximately $1.3 billion. The acquisition is expected to be completed in the fourth quarter, subject to customary closing conditions, including regulatory approval. Jostens, based in Minneapolis, MN, is a trusted partner in the academic and achievement channel, providing products,... Read more
LOS ANGELES (Nov. 7, 2018) – Platinum Equity today announced it has signed a definitive agreement to acquire Jostens from Newell Brands in a transac... Read more
LOS ANGELES (Nov. 7, 2018) – Platinum Equity today announced it has signed a definitive agreement to acquire Josten. Read more
November 02, 2018
Interior Logic Group Completes Acquisition of Coleman Floor Company
IRVINE, CA November 2, 2018 – Interior Logic Group, Inc. (“ILG”) announced today the acquisition of Coleman Floor Company (“Coleman”), a design center services and flooring installation business, from BMC Stock Holdings, Inc. (NASDAQ:BMCH) effective November 1st. The acquisition increases ILG’s scale in the Mid-Atlantic and the Carolinas and demonstrates ILG’s investment of time, energy and resources to serve the homebuilder communi... Read more
IRVINE, CA November 2, 2018 – Interior Logic Group, Inc. (“ILG”) announced today the acquisition of Coleman Floor Company (“Coleman”), a des... Read more
IRVINE, CA November 2, 2018 – Interior Logic Group, Inc. (“ILG”) announced today the acquisition of Coleman Flo. Read more
November 01, 2018
Lonza Further Strengthens Focus on Its Healthcare Continuum Strategy by Signing Agreement to Divest Water Care Business to Platinum Equity
Basel (CH) and Los Angeles, California (USA), Nov. 1 -- Lonza and Platinum Equity jointly announced today that Platinum Equity has entered into a definitive agreement with Lonza to acquire Lonza's Water Care business and operations for USD 630 million. The inclusion of the French business in this transaction is still under discussion.With headquarters in Alpharetta, GA (USA), Water Care has six manufacturing facilities in key regions, including N... Read more
Basel (CH) and Los Angeles, California (USA), Nov. 1 -- Lonza and Platinum Equity jointly announced today that Platinum Equity has entered into a defi... Read more
Basel (CH) and Los Angeles, California (USA), Nov. 1 -- Lonza and Platinum Equity jointly announced today that Platin. Read more
October 31, 2018
United Rentals Completes Acquisition of BlueLine and Updates Guidance to Reflect the Combination
STAMFORD, CONN (October 31, 2018) – United Rentals, Inc. (NYSE: URI) today announced that it has completed its previously announced acquisition of BlueLine from Platinum Equity for a total purchase price of approximately $2.1 billion in cash.(1) The company used a combination of newly issued debt and bank borrowings to fund the transaction and related expenses.The acquisition expands United Rentals' equipment rental capacity in many of the lar... Read more
STAMFORD, CONN (October 31, 2018) – United Rentals, Inc. (NYSE: URI) today announced that it has completed its previously announced acquisition of ... Read more
STAMFORD, CONN (October 31, 2018) – United Rentals, Inc. (NYSE: URI) today announced that it has completed its pre. Read more
October 22, 2018
PLI Card Marketing Acquires Harvard Card Systems
Transaction marks company’s first add-on since Platinum Equity acquired PLI four months agoBacked by Platinum Equity Small Cap Fund, PLI’s growth through acquisition expected to continueLAS VEGAS (Oct. 22, 2018) – Platinum Equity portfolio company PLI Card Marketing Solutions announced today that it has acquired Harvard Card Systems, a leader in the card printing and gift card manufacturing industry. Terms of the transaction were not discl... Read more
Transaction marks company’s first add-on since Platinum Equity acquired PLI four months agoBacked by Platinum Equity Small Cap Fund, PLI’s growth... Read more
Transaction marks company’s first add-on since Platinum Equity acquired PLI four months agoBacked by Platinum Equit. Read more
October 16, 2018
Platinum Equity Agrees to Sell Exterion Media
Proposed Sale Adds to Global Buyout Firm’s European MomentumLOS ANGELES (Oct. 16, 2018) – Platinum Equity today announced it has signed a definitive agreement to sell Exterion Media to British media and entertainment group Global. The deal is expected to close in Q1 2019 subject to regulatory approval and certain customary closing conditions. Terms of the transaction were not disclosed.Exterion Media is a leading European out-of-home media co... Read more
Proposed Sale Adds to Global Buyout Firm’s European MomentumLOS ANGELES (Oct. 16, 2018) – Platinum Equity today announced it has signed a definiti... Read more
Proposed Sale Adds to Global Buyout Firm’s European MomentumLOS ANGELES (Oct. 16, 2018) – Platinum Equity today a. Read more
October 11, 2018
Palladium Equity Partners Acquires Kymera International from Platinum Equity
NEW YORK and RALEIGH, N.C., Oct. 11, 2018 -- Palladium Equity Partners, LLC (along with its affiliates, "Palladium"), a private investment firm with over $2.5 billion in assets under management, today announced that one of its affiliated private equity funds has acquired Kymera International (ACuPowder International, ECKA Granules and SCM Metal Products, collectively, "Kymera" or the "Company"), a leading global specialty materials company, ... Read more
NEW YORK and RALEIGH, N.C., Oct. 11, 2018 -- Palladium Equity Partners, LLC (along with its affiliates, "Palladium"), a private investment firm wit... Read more
NEW YORK and RALEIGH, N.C., Oct. 11, 2018 -- Palladium Equity Partners, LLC (along with its affiliates, "Palladium. Read more
October 01, 2018
Platinum Equity Completes $2.1 Billion Acquisition of LifeScan from Johnson & Johnson
LOS ANGELES (Oct 1, 2018) – Platinum Equity today announced that its acquisition of Lifescan from Johnson & Johnson (NYSE: JNJ) for approximately $2.1 billion has been completed, with the exception of certain non-U.S. jurisdictions that are each expected to close at a later date, subject to individual country regulatory requirements.LifeScan is a leader in blood glucose monitoring products with 2017 net revenue of approximately $1.5 billio... Read more
LOS ANGELES (Oct 1, 2018) – Platinum Equity today announced that its acquisition of Lifescan from Johnson & Johnson (NYSE: JNJ) for approximate... Read more
LOS ANGELES (Oct 1, 2018) – Platinum Equity today announced that its acquisition of Lifescan from Johnson & Jo. Read more
September 10, 2018
United Rentals to Acquire BlueLine Rental for $2.1 billion
Combination will benefit construction and industrial customers at attractive returns to United Rentals shareholders STAMFORD, Conn. – September 10, 2018 – United Rentals, Inc. (NYSE: URI) and BlueLine Rental (“BlueLine”) today announced that they have entered into a definitive agreement under which United Rentals will acquire BlueLine from Platinum Equity for approximately $2.1 billion in cash.[*] The board of directors of United Rentals... Read more
Combination will benefit construction and industrial customers at attractive returns to United Rentals shareholders STAMFORD, Conn. – September 10,... Read more
Combination will benefit construction and industrial customers at attractive returns to United Rentals shareholders . Read more
September 06, 2018
Platinum Equity Sells Majority Stake in Fabcon
LOS ANGELES – Platinum Equity announced today it has sold a majority interest in Fabcon Holding Corporation to Solace Capital Partners. Fabcon is a leading manufacturer of precast, pre-stressed concrete wall panels for nonresidential construction applications. Platinum Equity, which acquired Fabcon in 2016, will remain a meaningful equity investor and Fabcon management will also participate in the transaction. Financial terms were not discl... Read more
LOS ANGELES – Platinum Equity announced today it has sold a majority interest in Fabcon Holding Corporation to Solace Capital Partners. Fabcon i... Read more
LOS ANGELES – Platinum Equity announced today it has sold a majority interest in Fabcon Holding Corporation to . Read more
