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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 26, 2018
Platinum Equity to Acquire American & Efird
LOS ANGELES (Feb. 26, 2018) – Platinum Equity announced today that it has signed a definitive agreement to acquire American & Efrid (A&E) from KPS Capital Partners. Financial terms were not disclosed. The transaction is subject to regulatory approval and is expected to close in the second quarter of 2018. Headquartered in Mt. Holly, North Carolina, A&E is the largest U.S. manufacturer and the world’s second-largest manufacturer a... Read more
LOS ANGELES (Feb. 26, 2018) – Platinum Equity announced today that it has signed a definitive agreement to acquire American & Efrid (A&E) fr... Read more
LOS ANGELES (Feb. 26, 2018) – Platinum Equity announced today that it has signed a definitive agreement to acquire . Read more
February 15, 2018
Wyndham Worldwide Announces Agreement to Sell its European Vacation Rental Business to Platinum Equity
PARSIPPANY, N.J., February 13, 2018 — Wyndham Worldwide Corporation (NYSE: WYN) today announced that it has entered into a definitive agreement for the sale of its European vacation rental business to Platinum Equity for approximately $1.3 billion. In conjunction with the sale, the European vacation rental business has entered into a 20-year agreement under which it will pay a royalty fee of 1% of net revenue to Wyndham’s hotel bus... Read more
PARSIPPANY, N.J., February 13, 2018 — Wyndham Worldwide Corporation (NYSE: WYN) today announced that it has entered into a definitive agreement for ... Read more
PARSIPPANY, N.J., February 13, 2018 — Wyndham Worldwide Corporation (NYSE: WYN) today announced that it has entered. Read more
February 08, 2018
Terratest Acquires Geostructures
Madrid, February 8, 2018 – Terratest, a leading international provider of geotechnical engineering and foundations solutions, today announced that it has acquired Geostructures, a US-based construction services firm. Financial terms of the transaction were not disclosed.Headquartered in Purcellville, Virginia, and founded in 1995, Geostructures is a leading provider of engineering, design-build and construction services for ground improvement a... Read more
Madrid, February 8, 2018 – Terratest, a leading international provider of geotechnical engineering and foundations solutions, today announced that i... Read more
Madrid, February 8, 2018 – Terratest, a leading international provider of geotechnical engineering and foundations . Read more
February 06, 2018
Platinum Equity Completes Acquisition of OfficeMax Business in Australia
LOS ANGELES (February 6, 2018) — Platinum Equity announced today it has completed the acquisition of the OfficeMax business in Australia from Office Depot (NASDAQ:ODP). Financial terms were not disclosed. Platinum Equity also confirmed that over time it intends to bring together the OfficeMax business in Australia with Winc Australia, the former Staples business that Platinum Equity acquired in April 2017 and subsequently rebranded. “The ... Read more
LOS ANGELES (February 6, 2018) — Platinum Equity announced today it has completed the acquisition of the OfficeMax business in Australia from Office... Read more
LOS ANGELES (February 6, 2018) — Platinum Equity announced today it has completed the acquisition of the OfficeMax . Read more
February 05, 2018
Platinum Equity Acquires WS Packaging Group, Inc. from J.W. Childs
Green Bay, WI (Feb. 5, 2018) – WS Packaging Group announced today that Platinum Equity has acquired the company from J.W. Childs Associates, L.P.Headquartered in Green Bay, Wisconsin, WS Packaging Group provides labels and packaging solutions for the food and beverage, consumer packaged goods, and pharmaceutical markets.The company, which primarily markets pressure sensitive labeling products, is one of North America’s leading label converter... Read more
Green Bay, WI (Feb. 5, 2018) – WS Packaging Group announced today that Platinum Equity has acquired the company from J.W. Childs Associates, L.P.Hea... Read more
Green Bay, WI (Feb. 5, 2018) – WS Packaging Group announced today that Platinum Equity has acquired the company fro. Read more
January 16, 2018
Vertiv Expands Thermal Management Portfolio With Acquisition of Energy Labs
Acquisition adds offerings and capabilities for cloud, colocation providers and commercial and industrial segment COLUMBUS, Ohio--(BUSINESS WIRE)--January 16, 2018-- Vertiv, formerly Emerson Network Power, has acquired Energy Labs, a privately owned, U.S.-based manufacturer of custom air handling systems. The acquisition strengthens Vertiv’s leading position in the data center thermal management space and enables expan... Read more
Acquisition adds offerings and capabilities for cloud, colocation providers and commercial and industrial segment COLUMBUS, Ohio--(BUSI... Read more
Acquisition adds offerings and capabilities for cloud, colocation providers and commercial and industrial segment&nbs. Read more
December 18, 2017
Platinum Equity to Acquire Husky Injection Molding Systems
LOS ANGELES (Dec. 18, 2017) – Platinum Equity announced today that it has signed a definitive agreement to acquire Husky Injection Molding Systems from Berkshire Partners and OMERS Private Equity for $3.85 billion. The transaction is subject to regulatory approval and is expected to close in the second quarter of 2018. “This is another marquee investment that demonstrates how Platinum’s differentiated approa... Read more
LOS ANGELES (Dec. 18, 2017) – Platinum Equity announced today that it has signed a definitive agreement to acquire Husky Injection Molding Syste... Read more
LOS ANGELES (Dec. 18, 2017) – Platinum Equity announced today that it has signed a definitive agreement to acqu. Read more
December 08, 2017
Platinum Equity Sells Keen Transport to Wallenius Wilhemsen Logistics
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS ANGELES (Dec. 8, 2017) –Platinum Equity today announced it has sold Keen Transport to Wallenius Wilhelmsen Logistics ASA (WWL). Financial terms of the transaction were not disclosed. Keen Transport is a national provider of heavy-haul logistics and transportation services for the construction, m... Read more
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS ANGELES (Dec. 8, 2017) ... Read more
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market &n. Read more
October 31, 2017
Platinum Equity Completes Acquisition of Pattonair
Acquisition of UK-based aerospace and defense business expands Platinum Equity’s European portfolio and underscores continued commitment to investing in the region LONDON (October 31, 2017) –Platinum Equity today announced it has completed its acquisition of global aerospace and defense supply chain provider Pattonair from Exponent Private Equity. Financial terms of the transaction were not disclosed. Hea... Read more
Acquisition of UK-based aerospace and defense business expands Platinum Equity’s European portfolio and underscores continued commitment to inve... Read more
Acquisition of UK-based aerospace and defense business expands Platinum Equity’s European portfolio and undersc. Read more
October 26, 2017
Platinum Equity Completes Sale of NILCO to U.S. LUMBER
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS ANGELES (Oct. 26, 2017) – Platinum Equity today announced it has completed the sale of NILCO to U.S. LUMBER GROUP. Financial terms of the transaction were not disclosed. NILCO, headquartered in Hartville, Ohio, is a wholesale distributor of specialty building materials and industrial products in the Midwestern and Northeastern U... Read more
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS ANGELES (Oct. 26, 2017) – Platinu... Read more
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS AN. Read more
