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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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October 03, 2011
Platinum Equity Completes Sale of AEES
Los Angeles, CA – Platinum Equity announced today it has completed the sale of its North American wire harness business, AEES, to PKC Group. The sale transaction included cash consideration and newly issued PKC shares.AEES is one of the leading North American suppliers of wiring harness solutions to automotive original equipment manufacturers and tier-one suppliers. AEES also has operations in Brazil and Ireland. PKC is one of the leading wirin... Read more
Los Angeles, CA – Platinum Equity announced today it has completed the sale of its North American wire harness business, AEES, to PKC Group. The sal... Read more
Los Angeles, CA – Platinum Equity announced today it has completed the sale of its North American wire harness busi. Read more
September 30, 2011
UNICOM Systems acquires iET Solutions from Platinum Equity
Mission Hills, CA - UNICOM® Systems, Inc., a global leader in IBM mainframe, System i, Unix and Open Systems management solutions today announced that it has acquired the Boston-based international software company, iET Solutions, LLC from Platinum Equity, LLC. The acquisition underlines UNICOM's commitment to the IT Service Management (ITSM) and Software Asset Management market space for midsize and large enterprises, enabling the Company to of... Read more
Mission Hills, CA - UNICOM® Systems, Inc., a global leader in IBM mainframe, System i, Unix and Open Systems management solutions today announced tha... Read more
Mission Hills, CA - UNICOM® Systems, Inc., a global leader in IBM mainframe, System i, Unix and Open Systems managem. Read more
September 28, 2011
The Pistons Are Getting Smart
Interviewed by SI.com at the biennial New England Symposium on Statistics and Sports, Platinum Equity partner Robert Wentworth discussed Platinum's plans for the Pistons—acquired by Platinum Equity as a component of Palace Sports & Entertainment—and Platinum's intent to incorporate advanced statistics into the organization.The symposium, held at Harvard, covers statistical modeling and analysis of sports data and attracts statisticians an... Read more
Interviewed by SI.com at the biennial New England Symposium on Statistics and Sports, Platinum Equity partner Robert Wentworth discussed Platinum's pl... Read more
Interviewed by SI.com at the biennial New England Symposium on Statistics and Sports, Platinum Equity partner Robert . Read more
September 15, 2011
Union Tribune and United Way Partner on Education Volunteers
The San Diego Union-Tribune has teamed with United Way of San Diego County and the San Diego County Office of Education to introduce an unprecedented campaign to mobilize 4,500 San Diego County residents to pledge to volunteer with K-12 students.The "U-T Volunteer for Education" campaign will continue through the 2011-12 academic school year and includes diverse ways for residents to get involved, including classroom involvement, life and career ... Read more
The San Diego Union-Tribune has teamed with United Way of San Diego County and the San Diego County Office of Education to introduce an unprecedented ... Read more
The San Diego Union-Tribune has teamed with United Way of San Diego County and the San Diego County Office of Educati. Read more
September 09, 2011
Platinum Equity Company Contego Packaging Group Invests in New Portsmouth Facility
As reported by Packaging Europe, a packaging industry web site, Contego Packaging Group, a Platinum Equity portfolio company and a pan-European supplier of cartons, leaflets, labels, and foil for the food, beverage, and pharmaceutical industries, is moving to a new, 50,000 square foot carton production facility in Fareham, Hampshire."Our current Portsmouth factory is housed in two separate buildings which does not allow room for much-needed expan... Read more
As reported by Packaging Europe, a packaging industry web site, Contego Packaging Group, a Platinum Equity portfolio company and a pan-European suppli... Read more
As reported by Packaging Europe, a packaging industry web site, Contego Packaging Group, a Platinum Equity portfolio . Read more
September 07, 2011
Platinum Equity Company MegaPath Partners with ADTRAN to Deliver Nation's Largest Ethernet Footprint
Huntsville, AL-- ADTRAN©, Inc., (NASDAQ:ADTN), a leading provider of next-generation networking solutions, today announced that MegaPath, one of the leading providers of managed data, voice, and security services in North America and Platinum Equity portfolio company, has partnered with ADTRAN for the nationwide expansion of its Ethernet network. MegaPath has over 200 central offices currently in service with plans to offer services in a total o... Read more
Huntsville, AL-- ADTRAN©, Inc., (NASDAQ:ADTN), a leading provider of next-generation networking solutions, today announced that MegaPath, one of the ... Read more
Huntsville, AL-- ADTRAN©, Inc., (NASDAQ:ADTN), a leading provider of next-generation networking solutions, today ann. Read more
August 30, 2011
Platinum Equity Company Schutt Sports Becomes Official Helmet for UT-Dallas
Litchfield, IL – Schutt Sports, a Platinum Equity Portfolio Company and leading domestic manufacturer of batters helmets in the United States, has been named the Official Batter's Helmet for the University of Texas – Dallas.The multi-year agreement calls for the Comets softball and baseball teams to wear Schutt batters helmets and catchers gear."We're fired up about this new opportunity and partnership with Schutt Sports. They offer the best ... Read more
Litchfield, IL – Schutt Sports, a Platinum Equity Portfolio Company and leading domestic manufacturer of batters helmets in the United States, has b... Read more
Litchfield, IL – Schutt Sports, a Platinum Equity Portfolio Company and leading domestic manufacturer of batters he. Read more
August 26, 2011
Detroit Pistons and PNC Bank Renovate Preschool Exhibit at Detroit Children's Museum
The Detroit Pistons and presenting sponsor PNC Bank cut the ribbon on a newly renovated preschool area inside the Detroit Children's Museum. The back-to-school themed event featured Pistons ambassadors, mascot Hooper, and voice of the Pistons George Biaha. Youth at the event also received back-to-school packages from the Pistons and PNC Bank."The educational and interactive activities enhance the museum space," commented Dennis Sampier, vice pres... Read more
The Detroit Pistons and presenting sponsor PNC Bank cut the ribbon on a newly renovated preschool area inside the Detroit Children's Museum. The back-... Read more
The Detroit Pistons and presenting sponsor PNC Bank cut the ribbon on a newly renovated preschool area inside the Det. Read more
August 10, 2011
Four Winns Debuts 2012 Product Line
North American and international boat dealers and distributor retailers got their first look at the new 2012 Four Winns line this week at the Four Winns dealer conference. The company's segment-redefining 20-foot-and-above models headlined the event, four brand-new models were presented, and many models across the line saw refinements."We are aggressively attacking the recreational segment in order to bring a distinctive level of separation betwe... Read more
North American and international boat dealers and distributor retailers got their first look at the new 2012 Four Winns line this week at the Four Win... Read more
North American and international boat dealers and distributor retailers got their first look at the new 2012 Four Win. Read more
August 10, 2011
Platinum Equity Announces Pending Sale of AEES to PKC Group
The PKC Group today signed an agreement for the purchase of AEES companies from Platinum Equity. AEES is one of the leading North American wiring harness manufacturers for heavy- and medium-duty trucks and it also has a significant position in light vehicle wiring harnesses. In addition, AEES provides components and wires to other contract manufacturers. AEES' customers include most major auto and truck makers and has operations in USA, Mexico, B... Read more
The PKC Group today signed an agreement for the purchase of AEES companies from Platinum Equity. AEES is one of the leading North American wiring harn... Read more
The PKC Group today signed an agreement for the purchase of AEES companies from Platinum Equity. AEES is one of the l. Read more
