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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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September 17, 2017
Platinum Equity to Sell NILCO to U.S. LUMBER
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS ANGELES (Sept. 17, 2017) –Platinum Equity today announced it has signed a definitive agreement to sell NILCO to U.S. LUMBER GROUP. Financial terms of the transaction were not disclosed. The sale is expected to close during the fourth quarter, subject to regulatory approval and certain closing conditions.NILCO, headquartered... Read more
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS ANGELES (Sept. 17, 2017) –Plati... Read more
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS . Read more
August 28, 2017
Platinum Equity Completes Acquisition of United Site Services
LOS ANGELES (August 28, 2017) –Platinum Equity today announced it has completed the acquisition of United Site Services (USS). Financial terms of the transaction were not disclosed.United Site Services, based in Westborough, Mass., is a leading provider of portable restrooms, temporary fence and related site services. The company serves customers throughout the United States through a network of more than 80 locations and the largest fleet of... Read more
LOS ANGELES (August 28, 2017) –Platinum Equity today announced it has completed the acquisition of United Site Services (USS). Financial terms of ... Read more
LOS ANGELES (August 28, 2017) –Platinum Equity today announced it has completed the acquisition of United Site Serv. Read more
August 21, 2017
Platinum Equity to Acquire 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 (August 21, 2017) –Platinum Equity today announced it has signed a definitive agreement to acquire global aerospace and defense supply chain provider Pattonair from Exponent Private Equity. Financial terms of the transaction were not disclosed. The transaction is expected... Read more
Acquisition of UK-based aerospace and defense business expands Platinum Equity’s European portfolio and underscores continued commitment to investin... Read more
Acquisition of UK-based aerospace and defense business expands Platinum Equity’s European portfolio and underscores. Read more
August 07, 2017
Staples ANZ breaks out of the pack with new company name, identity and significant transformation investment.
SYDNEY, AUSTRALIA (August 7, 2017) – Today Staples Australia & New Zealand announced a new challenger brand, identity and transformation plan to the market. This announcement comes after Platinum Equity purchased the Australia and New Zealand business from Staples Inc earlier this year. The company serves over 26,000 customers in industries across Australia and New Zealand including some of the countries’ largest financial insti... Read more
SYDNEY, AUSTRALIA (August 7, 2017) – Today Staples Australia & New Zealand announced a new challenger brand, identity and transformation pl... Read more
SYDNEY, AUSTRALIA (August 7, 2017) – Today Staples Australia & New Zealand announced a new challenger bran. Read more
July 27, 2017
Platinum Equity to Acquire Fischer Tech
Singapore-based manufacturer to merge with Platinum Equity’s portfolio company Ying Shing Enterprises LOS ANGELES, SINGAPORE (July 27, 2017) – Platinum Equity announced today that FT Holding II Limited ("Offeror"), an indirectly wholly-owned subsidiary of investment funds and entities affiliated with and advised by Platinum Equity, has signed a definitive agreement to acquire Fischer Tech Ltd. (“Fischer Tech”), a Singapore-listed manufa... Read more
Singapore-based manufacturer to merge with Platinum Equity’s portfolio company Ying Shing Enterprises LOS ANGELES, SINGAPORE (July 27, 2017) – P... Read more
Singapore-based manufacturer to merge with Platinum Equity’s portfolio company Ying Shing Enterprises LOS ANGELES. Read more
July 27, 2017
Vertiv Sells ASCO® to Schneider Electric
Sale enables greater focus on core businessColumbus, Ohio [July 27, 2017] – Vertiv, formerly Emerson Network Power, today announced plans to sell its ASCO® business as it continues to sharpen its focus on the digital critical infrastructure space. The $1.25 billion sale to Schneider Electric allows Vertiv to apply additional resources toward business and technological advancements in its core data center, telecommunications and commercial and ... Read more
Sale enables greater focus on core businessColumbus, Ohio [July 27, 2017] – Vertiv, formerly Emerson Network Power, today announced plans to sell it... Read more
Sale enables greater focus on core businessColumbus, Ohio [July 27, 2017] – Vertiv, formerly Emerson Network Power,. Read more
July 24, 2017
Platinum Equity to Acquire United Site Services
LOS ANGELES (July 24, 2017) –Platinum Equity today announced it has signed a definitive agreement to acquire United Site Services (USS). Financial terms of the transaction were not disclosed.United Site Services, based in Westborough, Mass., is a leading provider of portable restrooms, temporary fence and related site services. The company serves customers throughout the United States through a network of more than 80 locations and the larges... Read more
LOS ANGELES (July 24, 2017) –Platinum Equity today announced it has signed a definitive agreement to acquire United Site Services (USS). Financial... Read more
LOS ANGELES (July 24, 2017) –Platinum Equity today announced it has signed a definitive agreement to acquire United. Read more
June 01, 2017
Platinum Equity Completes Acquisition of American Traffic Solutions
LOS ANGELES (June 1, 2017) –Platinum Equity today announced it has completed the acquisition of American Traffic Solutions (ATS). Financial terms of the transaction were not disclosed. Arizona-based ATS is a leading provider of road safety cameras and toll and violations management solutions throughout North America. The company has more than 3,500 installed school bus stop arm, red-light and speed safety cameras serving more than 30 milli... Read more
LOS ANGELES (June 1, 2017) –Platinum Equity today announced it has completed the acquisition of American Traffic Solutions (ATS). Financial terms ... Read more
LOS ANGELES (June 1, 2017) –Platinum Equity today announced it has completed the acquisition of American Traffic So. Read more
April 28, 2017
Platinum Equity Completes Acquisition of Staples’ Business in Australia and New Zealand
LOS ANGELES (April 28, 2017) — Platinum Equity today announced it has completed the acquisition of the Staples business in Australia and New Zealand from Staples, Inc. (NASDAQ: SPLS) for an undisclosed sum. Staples is a supplier of business products, services and solutions in Australia and New Zealand. The company serves a diverse variety of customers, ranging from small-and-medium businesses to large enterprises, including federal, state ... Read more
LOS ANGELES (April 28, 2017) — Platinum Equity today announced it has completed the acquisition of the Staples business in Australia and New Zea... Read more
LOS ANGELES (April 28, 2017) — Platinum Equity today announced it has completed the acquisition of the Staples . Read more
April 18, 2017
Platinum Equity to Acquire OfficeMax Business in Australia and New Zealand from Office Depot
LOS ANGELES (April 18, 2017) — Platinum Equity announced today it has signed a definitive agreement to acquire the OfficeMax business in Australia and New Zealand from Office Depot (NASDAQ:ODP). The transaction is subject to regulatory approval in each country and is expected to close within the next several months. Financial terms were not disclosed. “We are pleased to provide Office Depot a divestiture solution that meets the comp... Read more
LOS ANGELES (April 18, 2017) — Platinum Equity announced today it has signed a definitive agreement to acquire the OfficeMax business in Australia a... Read more
LOS ANGELES (April 18, 2017) — Platinum Equity announced today it has signed a definitive agreement to acquire the . Read more
