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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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May 29, 2012
Quark Acquires Mobile IQ for Enterprise Digital Publishing
Denver, CO – Quark announced today its acquisition of Mobile IQ, creators of PressRun™, the cloud-based digital publishing solution developed to deliver innovative, interactive tablet and mobile experiences.Quark was acquired by Platinum Equity in August 2011 and has been working closely with Platinum's M&A team to identify and pursue growth opportunities. Quark identified Mobile IQ as an ideal fit for expanding the company's digital publ... Read more
Denver, CO – Quark announced today its acquisition of Mobile IQ, creators of PressRun™, the cloud-based digital publishing solution developed to d... Read more
Denver, CO – Quark announced today its acquisition of Mobile IQ, creators of PressRun™, the cloud-based digital p. Read more
May 10, 2012
Caterpillar to Sell Majority Interest in Third Party Logistics Business to Platinum Equity
Peoria, IL – Caterpillar Inc. today announced it has signed an agreement that would result in Platinum Equity acquiring a 65 percent equity stake in Caterpillar Logistics Services LLC, the third party logistics division of its wholly owned subsidiary, Caterpillar Logistics Inc. (Cat Logistics). The pending sale of the third party business supports Caterpillar's increased focus on the continuing growth opportunities in its core businesses. The o... Read more
Peoria, IL – Caterpillar Inc. today announced it has signed an agreement that would result in Platinum Equity acquiring a 65 percent equity stake in... Read more
Peoria, IL – Caterpillar Inc. today announced it has signed an agreement that would result in Platinum Equity acqui. Read more
April 17, 2012
MegaPath Now the Largest National Operator of Ethernet Over Copper in the U.S.
San Jose, CA – MegaPath Corporation, one of the leading providers of managed data, voice, and security services in North America, today announced that as a result of its latest build out of central offices across the country, it is now the largest provider of on-net Ethernet over Copper (EoC) services in the United States.MegaPath offers EoC on its network in 19 major markets and counting. Services are available in markets nationwide, including... Read more
San Jose, CA – MegaPath Corporation, one of the leading providers of managed data, voice, and security services in North America, today announced th... Read more
San Jose, CA – MegaPath Corporation, one of the leading providers of managed data, voice, and security services in . Read more
April 17, 2012
Ryerson Announces New Illinois Service Center
Chicago, IL – Ryerson Inc., one of the leading processors and distributors of metals in North America, with global operations in North America, China and Brazil, today announced that it will open a new bar processing depot and full line service center in DeKalb, Illinois. The 150,000-square-foot facility is expected to begin operations in June 2012."This new facility is a platform for serving our customers' growing demand for the bar market in ... Read more
Chicago, IL – Ryerson Inc., one of the leading processors and distributors of metals in North America, with global operations in North America, Chin... Read more
Chicago, IL – Ryerson Inc., one of the leading processors and distributors of metals in North America, with global . Read more
April 16, 2012
American Commercial Lines Expands Liquid Cargo Fleet with Purchase of Eight 20,000 Barrel Capacity Tank Barges
Jefferson, IN – American Commercial Lines (ACL) today announced the purchase of eight 20,000 barrel capacity tank barges from SeaRiver Maritime Inc., a subsidiary of Exxon Mobil Corporation.The purchase will expand ACL's fleet of 325 tank barges, which transport liquid cargoes, including chemicals, petroleum, and renewable fuels throughout the U.S. inland waterway system. The company operates the nation's second largest tank barge fleet and the... Read more
Jefferson, IN – American Commercial Lines (ACL) today announced the purchase of eight 20,000 barrel capacity tank barges from SeaRiver Maritime Inc.... Read more
Jefferson, IN – American Commercial Lines (ACL) today announced the purchase of eight 20,000 barrel capacity tank b. Read more
April 09, 2012
Wheel Pros Brand, Motegi Racing, Custom Designs Technomesh GT Wheels for Lotus AJR Evora GT
As reported on the Motegi Racing website, Alex Job Racing's Lotus Evora GT #23 will ride exclusively on Motegi Racing Wheels in the 2012 season. Motegi Racing is a brand of Platinum Equity portfolio company Wheel Pros. Motegi designs and engineers advanced performance wheels for vehicles on both racetrack and street.Motegi engineers custom designed a Technomesh GT wheel specifically for the Lotus Evora GT that performs at high expectations in aes... Read more
As reported on the Motegi Racing website, Alex Job Racing's Lotus Evora GT #23 will ride exclusively on Motegi Racing Wheels in the 2012 season. Moteg... Read more
As reported on the Motegi Racing website, Alex Job Racing's Lotus Evora GT #23 will ride exclusively on Motegi Racing. Read more
March 28, 2012
NFL Draft Picks Stay Dedicated to Schutt Helmet Brand
As reported on WCTV.tv, the 2012 NFL Draft picks will show their loyalty to Schutt Football Helmets, a steadfast brand amongst players. Platinum Equity portfolio company Schutt Sports is among the largest football helmet manufacturers in America, holding a significant percentage of the youth, collegiate, and professional football markets.Players will express their confidence in the Schutt brand by donning the helmets during the draft and plan t... Read more
As reported on WCTV.tv, the 2012 NFL Draft picks will show their loyalty to Schutt Football Helmets, a steadfast brand amongst players. Platinum Equit... Read more
As reported on WCTV.tv, the 2012 NFL Draft picks will show their loyalty to Schutt Football Helmets, a steadfast bran. Read more
March 23, 2012
DoubleTree by Hilton Carson in South Bay of Los Angeles Celebrates Completion of Multi-Million-Dollar, Hotel-Wide Transformation
Carson, CA - The DoubleTree by Hilton Carson, located at the crossroads of the South Bay in greater Los Angeles, has completed a multi-million hotel transformation project, which includes comprehensive upgrades throughout the hotel's guest rooms, public areas, function space and dining outlets. Centrally located within a 25-minute drive of downtown Los Angeles and Long Beach, the hotel is a proud sponsor of the Home Depot Center Sports and Entert... Read more
Carson, CA - The DoubleTree by Hilton Carson, located at the crossroads of the South Bay in greater Los Angeles, has completed a multi-million hotel t... Read more
Carson, CA - The DoubleTree by Hilton Carson, located at the crossroads of the South Bay in greater Los Angeles, has . Read more
March 01, 2012
Platinum Equity Completes Acquisition of DMS Health Technologies
Los Angeles, CA – Platinum Equity announced today that it has completed the acquisition of DMS Health Technologies from Otter Tail Corporation. Platinum did not disclose terms of the agreement."We are excited about the potential for DMS Health Technologies and look forward to helping the company evolve and continue to thrive under Platinum's ownership," said Brian Wall, the partner at Platinum Equity whose team is leading the DMS acquisition.DM... Read more
Los Angeles, CA – Platinum Equity announced today that it has completed the acquisition of DMS Health Technologies from Otter Tail Corporation. Plat... Read more
Los Angeles, CA – Platinum Equity announced today that it has completed the acquisition of DMS Health Technologies . Read more
February 24, 2012
Platinum Equity Company Ryerson Expands into South America
Chicago, IL – Ryerson Inc., a leading distributor and processor of metals in North America and China, announced today that it has expanded into South America for the first time by acquiring a 50% stake in Açofran Aços e Metais LTDA (“Açofran”), a steel service center based in São Paulo, Brazil. Financial terms of the transaction were not disclosed. “We continue exploring ways to expand our global footprint and diversify our portfolio... Read more
Chicago, IL – Ryerson Inc., a leading distributor and processor of metals in North America and China, announced today that it has expanded into Sout... Read more
Chicago, IL – Ryerson Inc., a leading distributor and processor of metals in North America and China, announced tod. Read more
