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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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April 17, 2017
Platinum Equity to Acquire American Traffic Solutions
LOS ANGELES (April 17, 2017) –Platinum Equity today announced it has signed a definitive agreement to acquire 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 servin... Read more
LOS ANGELES (April 17, 2017) –Platinum Equity today announced it has signed a definitive agreement to acquire American Traffic Solutions (ATS). &nbs... Read more
LOS ANGELES (April 17, 2017) –Platinum Equity today announced it has signed a definitive agreement to acquire Ameri. Read more
April 03, 2017
PAE Enters Into Definitive Agreement to Acquire FCi Federal
ARLINGTON, Va., April 3, 2017 – PAE today announced it has signed a definitive agreement to acquire FCi Federal. FCi, headquartered in Ashburn, Va., provides essential services for immigration and national security including adjudication support, eligibility verification and business process outsourcing services for federal government customers. The transaction is subject to regulatory approval and is expected to close within 45 bu... Read more
ARLINGTON, Va., April 3, 2017 – PAE today announced it has signed a definitive agreement to acquire FCi Federal. FCi, headquartered in Ashburn, ... Read more
ARLINGTON, Va., April 3, 2017 – PAE today announced it has signed a definitive agreement to acquire FCi Federal. Read more
March 13, 2017
Platinum Equity Announces Closing of $6.5 Billion Fund
LOS ANGELES, CA (March 13, 2017) – Platinum Equity announced today the close of Platinum Equity Capital Partners IV, a $6,500,000,000 global buyout fund.The fund was heavily oversubscribed, driven by the success of Platinum’s highly specialized M&A&O® strategy that integrates investment expertise with deep operational capability and resources.“We are grateful to investors for believing in Platinum, supporting our growth and trustin... Read more
LOS ANGELES, CA (March 13, 2017) – Platinum Equity announced today the close of Platinum Equity Capital Partners IV, a $6,500,000,000 global buyout ... Read more
LOS ANGELES, CA (March 13, 2017) – Platinum Equity announced today the close of Platinum Equity Capital Partners IV. Read more
March 13, 2017
Platinum Equity to Acquire Staples’ Business in Australia and New Zealand
FRAMINGHAM, Mass. & LOS ANGELES (March 13, 2017)— Staples, Inc. (NASDAQ: SPLS) and Platinum Equity today announced a definitive agreement under which Platinum Equity will acquire Staples’ business in Australia and New Zealand for an undisclosed sum. The transaction is expected to close in the second calendar quarter of 2017. Staples is a leading supplier of business products, services and solutions in Australia a... Read more
FRAMINGHAM, Mass. & LOS ANGELES (March 13, 2017)— Staples, Inc. (NASDAQ: SPLS) and Platinum Equity today announced a definitive agr... Read more
FRAMINGHAM, Mass. & LOS ANGELES (March 13, 2017)— Staples, Inc. (NASDAQ: SPLS) and Platinum Equity. Read more
January 03, 2017
Platinum Equity Acquires Businesses of Cox Target Media
LOS ANGELES (Jan. 3, 2017) – Platinum Equity today announced it has acquired the businesses of Cox Target Media (CTM) from Cox Media Group. Financial terms of the transaction were not disclosed. Based in St. Petersburg, Fla., CTM’s businesses comprise one of the nation’s largest direct marketing service providers, reaching more than 100 million consumers, primarily through Valpak “Blue Envelope&r... Read more
LOS ANGELES (Jan. 3, 2017) – Platinum Equity today announced it has acquired the businesses of Cox Target Media (CTM) from Cox Media Group. ... Read more
LOS ANGELES (Jan. 3, 2017) – Platinum Equity today announced it has acquired the businesses of Cox Target Media. Read more
December 30, 2016
Platinum Equity Completes Acquisition of Chinese Manufacturing Businesses from Broadway Industrial Group Limited
LOS ANGELES (Dec. 30, 2016) – Platinum Equity today announced it has completed the acquisition of the Foam Plastic Solutions (“FPS”) and Flow Control Devices (“FCD”) businesses of Broadway Industrial Group Limited. FPS is a leading supplier of protective packaging, insulation and component products to the consumer electronics, automotive, medical and other end-markets. FCD supplies high-performance parts such as valves, fittings,... Read more
LOS ANGELES (Dec. 30, 2016) – Platinum Equity today announced it has completed the acquisition of the Foam Plastic Solutions (“FPS”) and Flow Co... Read more
LOS ANGELES (Dec. 30, 2016) – Platinum Equity today announced it has completed the acquisition of the Foam Plastic . Read more
December 02, 2016
Platinum Equity Completes Sale Of Mactac North American Business To LINTEC
LOS ANGELES (Dec. 2, 2016) – Platinum Equity announced today it has completed the sale of Mactac Americas, LLC, to LINTEC Corporation in a transaction valued at approximately $375 million. LINTEC, headquartered in Tokyo, is a manufacturer of adhesive-related products with operations in 15 countries around the world. Mactac, headquartered in Ohio, is a manufacturer and distributor of pressure sensitive labels with operations in the ... Read more
LOS ANGELES (Dec. 2, 2016) – Platinum Equity announced today it has completed the sale of Mactac Americas, LLC, to LINTEC Corporation in a trans... Read more
LOS ANGELES (Dec. 2, 2016) – Platinum Equity announced today it has completed the sale of Mactac Americas, LLC,. Read more
December 01, 2016
Emerson Completes Sale of Network Power to Platinum Equity
Emerson Completes Sale of Network Power to Platinum Equity Transaction closing marks another milestone in the strategic portfolio repositioning process ST. LOUIS, December 1, 2016 – Emerson (NYSE: EMR) today announced that it has completed the sale of its Network Power business to Platinum Equity and a group of co-investors. Emerson received proceeds of $4 billion and retained a subordinated interest in the business. “The complet... Read more
Emerson Completes Sale of Network Power to Platinum Equity Transaction closing marks another milestone in the strategic portfolio repositioning proc... Read more
Emerson Completes Sale of Network Power to Platinum Equity Transaction closing marks another milestone in the strat. Read more
December 01, 2016
Emerson Network Power Rebrands As Vertiv, Appoints New CEO
Veteran technology executive Rob Johnson to lead new standalone company following sale to Platinum EquityNew era begins focused on speed, technology innovation and growth, with added flexibility to serve expanding markets for cloud computing, mobile networkingColumbus, Ohio – (Nov. 30, 2016) – The business now formerly known as Emerson Network Power today announced the appointment of Rob Johnson as CEO and officially commenced a campaign to... Read more
Veteran technology executive Rob Johnson to lead new standalone company following sale to Platinum EquityNew era begins focused on speed, technology ... Read more
Veteran technology executive Rob Johnson to lead new standalone company following sale to Platinum EquityNew era beg. Read more
November 16, 2016
Electro Rent Corporation to Acquire Microlease
Combination will create a premier global platform in the electronic test and measurement services industry LOS ANGELES / LONDON – 16 November 2016 – Electro Rent Corporation today announced it entered into an agreement to acquire Microlease from Lloyds Development Capital. The transaction is expected to close during Q1 2017. Financial terms were not disclosed.Microlease CEO Nigel Brown said the combination will create a premier platform ... Read more
Combination will create a premier global platform in the electronic test and measurement services industry LOS ANGELES / LONDON – 16 November 2... Read more
Combination will create a premier global platform in the electronic test and measurement services industry LOS A. Read more
