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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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May 04, 2015
Platinum Equity Announces Sale of Bridge Terminal Transport Services
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market Los Angeles (May 4, 2015) – Platinum Equity today announced it has signed a definitive agreement to sell Bridge Terminal Transport Services, Inc. (“BTT”) to XPO Logistics, Inc.BTT, based in Charlotte, NC, is one of the largest pure-play asset-light drayage providers and a leader in international and domestic transportation solutions... Read more
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market Los Angeles (May 4, 2015) – Platinum E... Read more
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market Los Ang. Read more
April 27, 2015
LBO France sells Worldwide Flight Services to Platinum Equity
Paris and Los Angeles, April 27th, 2015 – LBO France today announced the signing of an agreement to sell Worldwide Flight Services (“WFS”) to Platinum Equity.WFS is the world's largest cargo handler and a leading global provider of ground handling and technical services. Today it is present at over 140 major airports in more than 22 countries on five continents. WFS serves 300 airlines globally, including the handling of four million tons o... Read more
Paris and Los Angeles, April 27th, 2015 – LBO France today announced the signing of an agreement to sell Worldwide Flight Services (“WFS”) to Pl... Read more
Paris and Los Angeles, April 27th, 2015 – LBO France today announced the signing of an agreement to sell Worldwide . Read more
April 27, 2015
Platinum Equity Acquires Ying Shing Enterprises in China
Investment Marks Platinum Equity’s First Asian Headquartered Acquisition as Firm’s Operations in the Region Continue to Grow LOS ANGELES (April 27, 2015) – Platinum Equity today announced it has acquired Chinese manufacturer Ying Shing Enterprises Limited (“Ying Shing”) from the company’s founder and President Jian Ying Chen. Mr. Chen will retain a minority stake and stay on to continue leading the business.Ying Shing is a fully v... Read more
Investment Marks Platinum Equity’s First Asian Headquartered Acquisition as Firm’s Operations in the Region Continue to Grow LOS ANGELES (April ... Read more
Investment Marks Platinum Equity’s First Asian Headquartered Acquisition as Firm’s Operations in the Region Conti. Read more
April 03, 2015
Platinum Equity Completes Purchase of Enbi From Royal Ten Cate
Carve Out of Print Rollers and Specialty Components Business Led by Platinum Equity's Dedicated Lower Middle Market Team LOS ANGELES, CA-- April 03, 2015 - Platinum Equity today announced it has completed the acquisition of Ten Cate Enbi ("Enbi") from Dutch multinational Royal Ten Cate ("TenCate"). Financial terms were not disclosed. Enbi is a supplier of paper transport, fusing and image transfer rollers, focusing primarily on the office ... Read more
Carve Out of Print Rollers and Specialty Components Business Led by Platinum Equity's Dedicated Lower Middle Market Team LOS ANGELES, CA-- April ... Read more
Carve Out of Print Rollers and Specialty Components Business Led by Platinum Equity's Dedicated Lower Middle Mark. Read more
April 03, 2015
BlueLine Rental Acquires Virginia-Based Area Equipment
Third Add-On Acquisition in Seven Months Further Strengthens BlueLine's Presence in Mid-Atlantic Region HOUSTON, TX-- April 03, 2015 - BlueLine Rental, a full-service equipment rental company, today announced it has acquired Area Equipment LLC, a rental company in Cheasapeake, VA that serves customers in the industrial and non-residential construction markets. Terms of the transaction were not disclosed. "Area Rental is a good strategic fit... Read more
Third Add-On Acquisition in Seven Months Further Strengthens BlueLine's Presence in Mid-Atlantic Region HOUSTON, TX-- April 03, 2015 - BlueLine Re... Read more
Third Add-On Acquisition in Seven Months Further Strengthens BlueLine's Presence in Mid-Atlantic Region HOUSTON, . Read more
March 27, 2015
Itochu Announces Divestiture of North American Building Materials Distributor to Platinum Equity
ITOCHU Corporation (headquarters in Minato-ku, Tokyo; Masahiro Okafuji, President & CEO; hereafter “ITOCHU”) and ITOCHU International Inc. announced today that ITOCHU has reached an agreement with Platinum Equity, a Los Angeles based global private equity firm, under which Platinum Equity will acquire PrimeSource Building Products, Inc.The transaction is subject to customary closing conditions, including legal procedures and approval by a... Read more
ITOCHU Corporation (headquarters in Minato-ku, Tokyo; Masahiro Okafuji, President & CEO; hereafter “ITOCHU”) and ITOCHU International Inc. ann... Read more
ITOCHU Corporation (headquarters in Minato-ku, Tokyo; Masahiro Okafuji, President & CEO; hereafter “ITOCHU”) . Read more
March 03, 2015
Platinum Equity Completes Sale of Neovia Logistics
LOS ANGELES (March 3, 2015) – Platinum Equity announced today the sale of Neovia Logistics to an affiliate of Goldman Sachs and investment funds affiliated with Rhône Capital L.L.C has been completed. Financial terms of the transaction were not disclosed. Neovia Logistics provides spare parts logistics, warehouse management and fulfillment services, distribution solutions and other value-added logistics services through a network of more t... Read more
LOS ANGELES (March 3, 2015) – Platinum Equity announced today the sale of Neovia Logistics to an affiliate of Goldman Sachs and investment funds aff... Read more
LOS ANGELES (March 3, 2015) – Platinum Equity announced today the sale of Neovia Logistics to an affiliate of Goldm. Read more
March 02, 2015
BlueLine Rental Completes Acquisition of Trico
Strategic Add-On Acquisition Strengthens BlueLine’s Aerial Lift Offering, Expands Presence in Mid-Atlantic Region and Texas HOUSTON, Texas – March 2, 2015 – BlueLine Rental, a full-service equipment rental company, today announced it has completed the acquisition of Trico Equipment, Inc., a rental company specialized in aerial lift equipment with locations in New Jersey, Pennsylvania, Maryland and Texas. Terms of the transaction were not ... Read more
Strategic Add-On Acquisition Strengthens BlueLine’s Aerial Lift Offering, Expands Presence in Mid-Atlantic Region and Texas HOUSTON, Texas – March... Read more
Strategic Add-On Acquisition Strengthens BlueLine’s Aerial Lift Offering, Expands Presence in Mid-Atlantic Region a. Read more
February 10, 2015
Platinum Equity Completes Sale of Fishing Boat Business To Bass Pro Group
LOS ANGELES, CA (February 10, 2015) – Platinum Equity today announced that the sale of Fishing Holdings, LLC, the Flippin, Arkansas-based manufacturer of the Ranger Boats, Stratos and Triton fishing boat brands, to Bass Pro Group, LLC has been completed. Financial terms of the agreement were not disclosed.Platinum Equity acquired Ranger Boats and Stratos as part of a larger portfolio of boat brands in February 2010 from Genmar Holdings, Inc., ... Read more
LOS ANGELES, CA (February 10, 2015) – Platinum Equity today announced that the sale of Fishing Holdings, LLC, the Flippin, Arkansas-based manufactur... Read more
LOS ANGELES, CA (February 10, 2015) – Platinum Equity today announced that the sale of Fishing Holdings, LLC, the F. Read more
February 03, 2015
BlueLine Rental to Acquire Trico
Strategic Add-On Acquisition to Strengthen BlueLine’s Aerial Lift Offering, Expand Presence in Mid-Atlantic Region and TexasHOUSTON, Texas – February 3, 2015 – BlueLine Rental, a full-service equipment rental company, today announced the signing of a definitive agreement to acquire Trico Equipment, Inc., a rental company specialized in aerial lift equipment with locations in New Jersey, Pennsylvania, Maryland and Texas. Terms of the tran... Read more
Strategic Add-On Acquisition to Strengthen BlueLine’s Aerial Lift Offering, Expand Presence in Mid-Atlantic Region and TexasHOUSTON, Texas – Febr... Read more
Strategic Add-On Acquisition to Strengthen BlueLine’s Aerial Lift Offering, Expand Presence in Mid-Atlantic Region. Read more
