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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 01, 2013
Platinum Equity Completes Sale of Contego Healthcare Business
LOS ANGELES, Calif. (May 1, 2013) – Platinum Equity announced today it has completed the sale of Contego Healthcare Limited to FIL International Limited, a subsidiary of Filtrona plc, for cash consideration of approximately £160 million.The healthcare packaging business is one of Europe’s leading and most technically advanced packaging manufacturers and makes cartons, leaflets, self-adhesive labels, and printed foils for blister packs for th... Read more
LOS ANGELES, Calif. (May 1, 2013) – Platinum Equity announced today it has completed the sale of Contego Healthcare Limited to FIL International Lim... Read more
LOS ANGELES, Calif. (May 1, 2013) – Platinum Equity announced today it has completed the sale of Contego Healthcare. Read more
April 30, 2013
Integration of SMW and DMI Finalized, New Global Supplier Launched as “Chassix”
TROY, Mich., April 30, 2013 – The formation of a new automotive enterprise was announced today with the launch of Chassix, the automotive industry’s largest single integrated resource for precision chassis casting and machining solutions. Chassix was formed following Platinum Equity’s purchase and subsequent integration of the Diversified Machine, Inc. (DMI) and SMW Automotive, LLC (SMW) businesses, resulting in the creation of a $1.2 bil... Read more
... Read more
TROY, Mich., April 30, 2013 – The formation of a new automotive enterprise was announced today with the launch of C. Read more
March 25, 2013
Checkpoint Systems, Inc. Announces Definitive Agreement To Sell U.S. and Canadian Checkview® Business
Thorofare, New Jersey, March 25, 2013 - Checkpoint Systems, Inc. (NYSE: CKP) today announced that it has entered into a definitive agreement to sell its U.S. and Canadian CheckView business to an affiliate of Platinum Equity, a California-based private equity firm. The sale includes all continuing business operations and assets associated with the U.S. and Canadian CheckView business. The transaction is expected to close by the end of April 201... Read more
Thorofare, New Jersey, March 25, 2013 - Checkpoint Systems, Inc. (NYSE: CKP) today announced that it has entered into a definitive agreement to sell i... Read more
Thorofare, New Jersey, March 25, 2013 - Checkpoint Systems, Inc. (NYSE: CKP) today announced that it has entered into. Read more
March 25, 2013
Mayor Bing Announces Unprecedented Corporate Partnership to Improve Public Safety in Detroit's Neigborhoods
03/25/2013 – Detroit Mayor Dave Bing announced today that Detroit’s corporate community is supporting his Active and Safe Campaign with an $8 million contribution that will be used to replace the entire fleet of 23 ambulances for the Detroit Fire Department’s Emergency Medical Services (EMS) Division and provide 100 new patrol cars for the Detroit Police Department. Mayor Bing was joined at today’s news conference by Roger Penske, fo... Read more
03/25/2013 – Detroit Mayor Dave Bing announced today that Detroit’s corporate community is supporting his Active and Safe Campaign with an $8 mill... Read more
03/25/2013 – Detroit Mayor Dave Bing announced today that Detroit’s corporate community is supporting his Active . Read more
March 19, 2013
Platinum Equity To Sell Contego Healthcare Business
LOS ANGELES, Calif. (March 19, 2013) – Platinum Equity announced today it has signed a definitive agreement to sell Contego Healthcare Limited to FIL International Limited, a subsidiary of Filtrona plc, for cash consideration of approximately £160 million. The change in ownership is expected to occur during the second quarter of 2013. Contego Healthcare, one of Europe’s leading and most technically advanced... Read more
LOS ANGELES, Calif. (March 19, 2013) – Platinum Equity announced today it has signed a definitive agreement to sell Contego Healthcare L... Read more
LOS ANGELES, Calif. (March 19, 2013) – Platinum Equity announced today it has signed a definitive agree. Read more
January 21, 2013
BWAY Corporation Completes Acquisition of Ropak
Atlanta, GA – BWAY Corporation ("BWAY" or the "Company"), a Platinum Equity company and leading North American supplier of general line rigid containers, announced today that it has completed the acquisition of Ropak Packaging ("Ropak") from the LINPAC Group.Ropak is a North American producer of rigid, plastic shipping containers serving the consumer goods, food processing, construction, dairy, petroleum, and other industries."Acquiring Ropak i... Read more
Atlanta, GA – BWAY Corporation ("BWAY" or the "Company"), a Platinum Equity company and leading North American supplier of general line rigid contai... Read more
Atlanta, GA – BWAY Corporation ("BWAY" or the "Company"), a Platinum Equity company and leading North American supp. Read more
December 28, 2012
Contego Packaging Completes Sale of Food Cartons Business to Graphic Packaging
Contego Packaging Group has finalised details of the sale of its food and beverage Cartons business to Graphic Packaging Holding Company.The acquisition, which has now been approved by the Office of Fair Trading (OFT), was concluded on 24th December 2012.The food and beverage Cartons business in the UK, the Netherlands and Ireland involves Contego Packaging Group’s sites at Leeds, Gillingham, Hoogerheide, and Portlaoise.The ownership and growth... Read more
Contego Packaging Group has finalised details of the sale of its food and beverage Cartons business to Graphic Packaging Holding Company.The acquisiti... Read more
Contego Packaging Group has finalised details of the sale of its food and beverage Cartons business to Graphic Packag. Read more
December 21, 2012
NESCO Acquires Utility Equipment Leasing Corporation
Fort Wayne, IN — NESCO, LLC ("NESCO") today announced that it has acquired Utility Equipment Leasing Corporation ("UELC") from Utility Equipment Holding Company ("UEHC"), pursuant to a stock purchase agreement."This is an accretive and deleveraging transaction that also further strengthens NESCO's national presence in the utility equipment rental market."NESCO, acquired by Platinum Equity in October 2011, is a leading North American provider of... Read more
Fort Wayne, IN — NESCO, LLC ("NESCO") today announced that it has acquired Utility Equipment Leasing Corporation ("UELC") from Utility Equipment Hol... Read more
Fort Wayne, IN — NESCO, LLC ("NESCO") today announced that it has acquired Utility Equipment Leasing Corporation (". Read more
December 03, 2012
BWAY Corporation to Acquire Ropak
ATLANTA, Dec. 3, 2012 -- BWAY Corporation ("BWAY" or the "Company"), a Platinum Equity company and leading North American supplier of general line rigid containers, announced today that it has entered into a definitive agreement to acquire Ropak Packaging ("Ropak") from the LINPAC Group in a transaction valued at approximately $265 million. Platinum Equity acquired BWAY in November 2012 and immediately launched operational and M&A ini... Read more
ATLANTA, Dec. 3, 2012 -- BWAY Corporation ("BWAY" or the "Company"), a Platinum Equity company and leading North American supplier of general line r... Read more
ATLANTA, Dec. 3, 2012 -- BWAY Corporation ("BWAY" or the "Company"), a Platinum Equity company and leading North Am. Read more
November 20, 2012
Pomeroy Expands Remote Monitoring and Management Services with Acquisition of BluePoint Data
Tuck-in acquisition increases Pomeroy's remote monitoring & management, managed cloud services portfolios.Hebron, KY – Pomeroy, a global leader in managed services to optimize IT infrastructure, today announced that it has acquired the assets of BluePoint Data, Inc. Founded in 2000 and headquartered in Boca Raton, FL, BluePoint Data provides a comprehensive menu of cloud-based managed services for networks, servers, storage, security, app... Read more
Tuck-in acquisition increases Pomeroy's remote monitoring & management, managed cloud services portfolios.Hebron, KY – Pomeroy, a global leader ... Read more
Tuck-in acquisition increases Pomeroy's remote monitoring & management, managed cloud services portfolios.Hebron,. Read more
