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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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July 25, 2016
Platinum Equity Completes Acquisition of JM Swank
LOS ANGELES, CA - July 25, 2016 - Platinum Equity announced today it has completed the acquisition of JM Swank from ConAgra Foods, Inc. (NYSE: CAG). Financial terms were not disclosed.JM Swank is a national, full-line food ingredient distributor that operates a network of distribution centers and warehouses across the United States."We are excited about the prospects for JM Swank and look forward to working with management to support the comp... Read more
LOS ANGELES, CA - July 25, 2016 - Platinum Equity announced today it has completed the acquisition of JM Swank from ConAgra Foods, Inc. (NYSE: CAG). F... Read more
LOS ANGELES, CA - July 25, 2016 - Platinum Equity announced today it has completed the acquisition of JM Swank from C. Read more
June 16, 2016
Gores Small Capitalization Partners and Platinum Equity Invest in Data Blue
LOS ANGELES--Gores Small Capitalization Partners and Platinum Equity announced that they have invested in Data Blue. Founded in 2011, Data Blue delivers customized storage, backup and server virtualization and consolidation solutions to enterprise customers in North America. Financial terms of the investment were not disclosed. “We are excited to partner with Gores and Platinum Equity as we enter the next chapter in our history. Our employees,... Read more
LOS ANGELES--Gores Small Capitalization Partners and Platinum Equity announced that they have invested in Data Blue. Founded in 2011, Data Blue delive... Read more
LOS ANGELES--Gores Small Capitalization Partners and Platinum Equity announced that they have invested in Data Blue. . Read more
June 13, 2016
Platinum Equity to Sell BWAY to Stone Canyon Industries
LOS ANGELES (June 13, 2016) – Platinum Equity and Stone Canyon Industries, LLC announced today that they have signed a definitive agreement for Platinum Equity to sell BWAY Corp. to Stone Canyon Industries LLC for $2.4 billion. BWAY is a North American manufacturer of rigid metal and plastic containers used to package industrial, bulk food and retail goods.The sale is subject to regulatory approval and customary closing conditions, and is expec... Read more
LOS ANGELES (June 13, 2016) – Platinum Equity and Stone Canyon Industries, LLC announced today that they have signed a definitive agreement for Plat... Read more
LOS ANGELES (June 13, 2016) – Platinum Equity and Stone Canyon Industries, LLC announced today that they have signe. Read more
June 08, 2016
Platinum Equity to Sell MetoKote to PPG
LOS ANGELES, CA (June 8, 2016) – Platinum Equity today announced the signing of a definitive agreement to sell MetoKote to PPG (NYSE:PPG). MetoKote is a U.S.-based provider of industrial coating services. Financial terms were not disclosed.The pending transaction is subject to customary closing conditions and is expected to close in the third quarter of 2016.“MetoKote’s success is a result of a great partnership with the management team and... Read more
LOS ANGELES, CA (June 8, 2016) – Platinum Equity today announced the signing of a definitive agreement to sell MetoKote to PPG (NYSE:PPG). MetoKote ... Read more
LOS ANGELES, CA (June 8, 2016) – Platinum Equity today announced the signing of a definitive agreement to sell Meto. Read more
June 08, 2016
Conagra Foods to Sell JM Swank to Platinum Equity
OMAHA, Neb. and LOS ANGELES--(BUSINESS WIRE)--DATE, 2016-- ConAgra Foods, Inc. (NYSE: CAG) and Platinum Equity, a California-based private equity firm, today announced that they have entered into a definitive agreement for Platinum Equity to acquire ConAgra Foods’ JM Swank business, a national food ingredient sourcing and distribution company. Terms of the deal were not announced.“Our goal continues to be driving greater shareholder value ... Read more
OMAHA, Neb. and LOS ANGELES--(BUSINESS WIRE)--DATE, 2016-- ConAgra Foods, Inc. (NYSE: CAG) and Platinum Equity, a California-based private equity fir... Read more
OMAHA, Neb. and LOS ANGELES--(BUSINESS WIRE)--DATE, 2016-- ConAgra Foods, Inc. (NYSE: CAG) and Platinum Equity, a Ca. Read more
May 31, 2016
Electro Rent and Platinum Equity Sign Definitive Merger Agreement
... Read more
Platinum Equity to Acquire Electro Rent for $13.12 per Share in All Cash Transaction BEVERLY HILLS and VAN NUYS, Calif. – May 31, 2016 – Platinum... Read more
Platinum Equity to Acquire Electro Rent for $13.12 per Share in All Cash Transaction BEVERLY HILLS and VAN NUYS, Cal. Read more
May 02, 2016
Funds Affiliated with Apollo Global Management to Acquire AmQuip Crane Rental and Maxim Crane Works
PITTSBURGH & TREVOSE, Pa. & NEW YORK--Funds managed by affiliates of Apollo Global Management, LLC (NYSE:APO) (together with its consolidated subsidiaries, “Apollo”) announced today that they have signed definitive agreements to acquire AmQuip Crane Rental (“AmQuip”) from affiliates of Clearlake Capital Group, L. P. (“Clearlake”) and Maxim Crane Works (“Maxim”) from affiliates of Platinum Equity. Upon the closing of these ... Read more
PITTSBURGH & TREVOSE, Pa. & NEW YORK--Funds managed by affiliates of Apollo Global Management, LLC (NYSE:APO) (together with its consolidated ... Read more
PITTSBURGH & TREVOSE, Pa. & NEW YORK--Funds managed by affiliates of Apollo Global Management, LLC (NYSE:APO). Read more
April 27, 2016
Avery Dennison to Acquire Mactac Europe
GLENDALE, Calif.--Avery Dennison (NYSE:AVY) today announced a definitive agreement to acquire the European business of Mactac from Platinum Equity, a California-based private equity firm, for the purchase price of €200 million including assumed debt. With 2015 year-end run-rate revenues of €147 million, or approximately $170 million, and approximately 470 employees, the business is a leading manufacturer of high-quality pressure-sensitive mat... Read more
GLENDALE, Calif.--Avery Dennison (NYSE:AVY) today announced a definitive agreement to acquire the European business of Mactac from Platinum Equity, a ... Read more
GLENDALE, Calif.--Avery Dennison (NYSE:AVY) today announced a definitive agreement to acquire the European business o. Read more
March 17, 2016
Exterion Media selected for TfL's Rail Advertising contract
The largest Out-of-Home contract in the world sets the foundation for a ground-breaking, data-driven partnership spanning 8.5 years Transport for London (TfL) announced today that it has selected Exterion Media as its new commercial Partner for its Rail Advertising contract, offering innovative solutions to advertisers, maximising revenues and enhancing the customer experience. “We are hugely excited to be working in partnership with T... Read more
The largest Out-of-Home contract in the world sets the foundation for a ground-breaking, data-driven partnership spanning 8.5 years Transport for Lond... Read more
The largest Out-of-Home contract in the world sets the foundation for a ground-breaking, data-driven partnership span. Read more
March 15, 2016
Platinum Equity Completes Acquisition of PAE
LOS ANGELES (March 15, 2016) – Platinum Equity announced today it has completed the acquisition of PAE, a leading provider of support services for the U.S. government, its allied partners and international organizations. Financial terms were not disclosed.PAE, headquartered in Arlington, Va., supports the execution of complex and critical missions by providing global logistics and stability operations, technical services and national securi... Read more
LOS ANGELES (March 15, 2016) – Platinum Equity announced today it has completed the acquisition of PAE, a leading provider of support services for t... Read more
LOS ANGELES (March 15, 2016) – Platinum Equity announced today it has completed the acquisition of PAE, a leading p. Read more
