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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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March 14, 2011
Platinum Equity Company Ryerson Acquires Singer Steel
CHICAGO, IL – Ryerson Inc., a leading distributor and processor of metals in North America and China, announced today that it has acquired Singer Steel Company ("Singer"), a value-added flat rolled steel processor based in Streetsboro, Ohio. Terms of the transaction were not announced.Singer is a full-service steel value-added processor with state-of-the-art processing equipment. The company enjoys an excellent reputation in the market and serv... Read more
CHICAGO, IL – Ryerson Inc., a leading distributor and processor of metals in North America and China, announced today that it has acquired Singer St... Read more
CHICAGO, IL – Ryerson Inc., a leading distributor and processor of metals in North America and China, announced tod. Read more
March 12, 2011
Platinum Equity Company Turf Care Supply Corporation to be Featured on Upcoming Episode of American Farmer
Brunswick, OH -- Turf Care Supply Corporation, one of the nation's largest providers of agronomic services and blended products to the professional turf, ornamental, and grass seed industries, announced today that they will be featured in an upcoming episode of American Farmer.The episode will focus on granular and liquid fertilizers, as well as granular control products, including insecticides, pre-emergent herbicides, post-emergent herbicides a... Read more
Brunswick, OH -- Turf Care Supply Corporation, one of the nation's largest providers of agronomic services and blended products to the professional tu... Read more
Brunswick, OH -- Turf Care Supply Corporation, one of the nation's largest providers of agronomic services and blende. Read more
March 11, 2011
Platinum Equity Company Alliance Entertainment Acquires Edge Entertainment Distribution
Coral Springs, FL – Platinum Equity and The Gores Group announced today that Alliance Entertainment has acquired EDGE Entertainment Distribution, a wholesale distributor of pre-recorded music and movie titles, related accessories and other products. EDGE primarily serves independent music retailers, public libraries and college book stores.Financial terms of the EDGE acquisition were not disclosed.EDGE provides one-stop access to more than 140,... Read more
Coral Springs, FL – Platinum Equity and The Gores Group announced today that Alliance Entertainment has acquired EDGE Entertainment Distribution, a ... Read more
Coral Springs, FL – Platinum Equity and The Gores Group announced today that Alliance Entertainment has acquired ED. Read more
March 07, 2011
American Commercial Lines Awarded Membership in the Louisiana Environmental Leadership Program
JEFFERSONVILLE, IN – American Commercial Lines Inc. announced today that it has been awarded membership in the Louisiana Environmental Leadership Program (ELP). Membership in the voluntary program, led by the Louisiana Department of Environmental Quality, is awarded to businesses, federal entities, municipalities, and academic and community organizations based upon commitment to the program's core principles and submission of pollution prevent... Read more
JEFFERSONVILLE, IN – American Commercial Lines Inc. announced today that it has been awarded membership in the Louisiana Environmental Leadership Pr... Read more
JEFFERSONVILLE, IN – American Commercial Lines Inc. announced today that it has been awarded membership in the Loui. Read more
March 05, 2011
San Diego Union-Tribune: Mission Valley Makeover
SD Metro Magazine features The San Diego Union-Tribune on its March, 2011 cover, highlighting the venerable newspaper's new life since being acquired by Platinum Equity. Citing the tough challenges faced by the Union-Tribune and Platinum since the acquisition, SD Metro reports publisher Ed Moss and editor Jeff Light appear to have no doubts about the Union-Tribune being back on the right track.Quoted in SD Metro, Ed Moss says, "We tell [new recru... Read more
SD Metro Magazine features The San Diego Union-Tribune on its March, 2011 cover, highlighting the venerable newspaper's new life since being acquired ... Read more
SD Metro Magazine features The San Diego Union-Tribune on its March, 2011 cover, highlighting the venerable newspaper. Read more
March 01, 2011
Platinum Equity Acquires Nampak Cartons and Healthcare Packaging Business in Europe
Los Angeles, CA —Platinum Equity announced today that it has completed the acquisition of Nampak Cartons and Nampak Healthcare from South Africa-based Nampak Limited [JSE:NPK].Nampak Cartons produces cartons for the food and beverage sectors from two sites in the United Kingdom and one in Holland. Nampak Healthcare manufactures cartons, leaflets, labels, and blister pack foils for the pharmaceutical industry from 11 sites across Europe.“The... Read more
Los Angeles, CA —Platinum Equity announced today that it has completed the acquisition of Nampak Cartons and Nampak Healthcare from South Africa-b... Read more
Los Angeles, CA —Platinum Equity announced today that it has completed the acquisition of Nampak Cartons and Namp. Read more
February 22, 2011
Schutt Sports: Business Booming for Once-Troubled Company
Since being acquired by Platinum Equity, business at Schutt Sports is booming. Acquired by Platinum Equity out of a lengthy and troubling bankruptcy, the re-energized company is refocused on its core businesses of manufacturing and reconditioning sports safety equipment, including football helmets.Emerging from the uncertainty of bankruptcy, the Schutt Sports helmet reconditioning facility recently signed a multi-year lease and is creating new jo... Read more
Since being acquired by Platinum Equity, business at Schutt Sports is booming. Acquired by Platinum Equity out of a lengthy and troubling bankruptcy, ... Read more
Since being acquired by Platinum Equity, business at Schutt Sports is booming. Acquired by Platinum Equity out of a l. Read more
February 11, 2011
Platinum Equity Company Schutt Sports Gets Boost
Schutt Sports, now part of the Platinum Equity portfolio, is reported by the St. Louis Post Dispatch to be poised to regain its footing after a lengthy bankruptcy triggered by a patent dispute.Acquired by Platinum in December 2010, Schutt Sports makes sports safety equipment such as helmets worn by a third of all NFL players (Green Bay quarterback Aaron Rodgers wore a Schutt helmet in the Super Bowl), bases for Major League Baseball, and a vari... Read more
Schutt Sports, now part of the Platinum Equity portfolio, is reported by the St. Louis Post Dispatch to be poised to regain its footing after a length... Read more
Schutt Sports, now part of the Platinum Equity portfolio, is reported by the St. Louis Post Dispatch to be poised to . Read more
February 03, 2011
Platinum Equity Company Ulticom Names Bruce Swail CEO
Mt Laurel, New Jersey – Ulticom, Inc. today announced the appointment of Bruce D. Swail as Chief Executive Officer (CEO), effective immediately.Ulticom is a premier provider of signaling software that enables telecommunications network equipment and service providers to deploy services within wireless, IP, and wireline networks. Ulticom was acquired by Platinum Equity in December 2010.Mr. Swail joins Ulticom from US Robitics, a leading provider... Read more
Mt Laurel, New Jersey – Ulticom, Inc. today announced the appointment of Bruce D. Swail as Chief Executive Officer (CEO), effective immediately.Ulti... Read more
Mt Laurel, New Jersey – Ulticom, Inc. today announced the appointment of Bruce D. Swail as Chief Executive Officer . Read more
January 13, 2011
Acument Keeps Operations in Metro Detroit, 50 Hires Planned This Year
DETROIT, MI (metromode)--The transformation of Acument over the past few years typifies what Detroit auto suppliers experienced: loss of work and shrinking operations. Today, however, Acument is a promising sign of things to come.Acument, a Platinum Equity portfolio company, recently struck a deal with the Michigan Economic Development Corp to expand its Sterling Heights, Holly, and Fenton plants. It expects to hire 50 people in Metro Detroit t... Read more
DETROIT, MI (metromode)--The transformation of Acument over the past few years typifies what Detroit auto suppliers experienced: loss of work and shri... Read more
DETROIT, MI (metromode)--The transformation of Acument over the past few years typifies what Detroit auto suppliers e. Read more
