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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...
Latest Article
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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August 30, 2022
Why Detroit Pistons owner and Platinum Equity founder Tom Gores hopes basketball camps can be ‘foundation of success’ for kids
Jeremiah West was eager to volunteer at the five-day basketball camp recently held in the Petosky-Otsego neighborhood in Detroit.He fondly remembers when he was taught to play by older kids as a youth.“The camp keeps the kids active and teaches them the fundamentals of basketball,” West said of the early August camp that also allowed West to give back to his community. “Some of the kids don’t have a hoop at home so they come here, play ba... Read more
Jeremiah West was eager to volunteer at the five-day basketball camp recently held in the Petosky-Otsego neighborhood in Detroit.He fondly remembers w... Read more
Jeremiah West was eager to volunteer at the five-day basketball camp recently held in the Petosky-Otsego neighborhood. Read more
August 23, 2022
Aventiv Technologies Launches New Website Dedicated to Providing Information, Resources, and Support to Families and Friends of Incarcerated Individuals
“This new site is part of Aventiv’s larger transformation to better serve the families and friends who support their incarcerated loved ones” – Dave Abel, Aventiv CEODALLAS, August 23, 2022 — Aventiv Technologies, the leading corrections technology company driving efforts to better serve incarcerated individuals through rehabilitative justice, today announced the launch of a website dedicated to providing information, resources, and s... Read more
... Read more
“This new site is part of Aventiv’s larger transformation to better serve the families and friends who support t. Read more
August 12, 2022
Club Car president discusses company’s future as a ‘lifestyle brand’
EVANS, Ga. – Queen Elizabeth’s mode of transportation recently at the Royal Horticultural Society's Chelsea Flower Show drew considerable media attention.At the age of 95, she was driven in a $75,000, state-of-the art golf cart with all-weather capability. The cart came equipped with cream leather seats with reclining capability. Cup holders, a heated windscreen and Bluetooth capability were among the other features for the luxury vehicle.The... Read more
EVANS, Ga. – Queen Elizabeth’s mode of transportation recently at the Royal Horticultural Society's Chelsea Flower Show drew considerable media at... Read more
EVANS, Ga. – Queen Elizabeth’s mode of transportation recently at the Royal Horticultural Society's Chelsea Flowe. Read more
August 11, 2022
How Ball Metalpack $1.35 billion divestiture shows Platinum Equity can be a ‘trusted partner’ to corporate sellers
Stakeholders give insight into how good relations and trust are vital when it comes to corporate partnershipsWhen Platinum Equity and Ball Corporation sold Ball Metalpack to Sonoco for approximately $1.35 billion, it marked a successful exit for a Platinum-sponsored partnership with a corporate seller.The sale came after a comprehensive three-year transformation program where Ball Metalpack, the sustainable steel container manufacturer based i... Read more
Stakeholders give insight into how good relations and trust are vital when it comes to corporate partnershipsWhen Platinum Equity and Ball Corporati... Read more
Stakeholders give insight into how good relations and trust are vital when it comes to corporate partnershipsWhen Pla. Read more
August 11, 2022
Solenis To Acquire Clearon Corp. and Combine Pool Businesses
Acquisition will expand Solenis’ product offering and strengthen its ability to supply cost-effective, sustainable solutions for recreational pool and spa customers, providing clean, clear, safer water. WILMINGTON, Del. and SOUTH CHARLESTON, W.Va. (USA) — Solenis and Clearon Corp. have announced that Solenis has entered into a definitive agreement to acquire Clearon. This acquisition will enable Solenis to expand its portfolio of products for... Read more
Acquisition will expand Solenis’ product offering and strengthen its ability to supply cost-effective, sustainable solutions for recreational pool a... Read more
Acquisition will expand Solenis’ product offering and strengthen its ability to supply cost-effective, sustainable . Read more
August 03, 2022
How Game Taco CEO’s ‘passion play’ lands significant partnership with FanDuel
With engaging games like Grand Slam Superstar, Wheel of Fortune on FanDuel app, Game Taco aiming to grow ‘an audience in really a revolutionary way’ Grand Slam Superstar has a prominent location, tucked in the right corner, when the FanDuel Faceoff app is fully loaded on an iPhone. As the name implies, Grand Slam Superstar is a skill-based game where the user scores highest by hitting as many grand slams as possible over the course of 9... Read more
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With engaging games like Grand Slam Superstar, Wheel of Fortune on FanDuel app, Game Taco aiming to grow ‘an audien. Read more
July 28, 2022
Platinum Equity to Acquire High Temperature Solutions Business from Imerys for €930 Million
Proposed Carveout from Paris-based Specialty Materials Leader Adds to Global Buyout Firm’s Momentum in Europe LOS ANGELES and PARIS (July 28, 2022) – Platinum Equity today announced that it has entered into exclusive negotiations to acquire Imerys SA’s High Temperature Solutions business (HTS) in a transaction valued at approximately €930 million. The proposed transaction, which is subject to the fulfillment of customary closing conditio... Read more
Proposed Carveout from Paris-based Specialty Materials Leader Adds to Global Buyout Firm’s Momentum in Europe LOS ANGELES and PARIS (July 28, 2022)... Read more
Proposed Carveout from Paris-based Specialty Materials Leader Adds to Global Buyout Firm’s Momentum in Europe LOS . Read more
July 18, 2022
Peli Products Germany GmbH Acquires Manufacturing capabilities in Germany
The purchase accelerates its Expansion Strategy with further manufacturing capacity for the European marketsBarcelona – July 18, 2022 — Peli Products Germany GmbH, a subsidiary of Pelican Products, Inc., the global leader in the design and manufacture of high-performance protective cases, temperature-controlled packaging solutions and advanced portable lighting systems, announces the acquisition of HVB Kunststofftechnik GmbH’s injection and... Read more
The purchase accelerates its Expansion Strategy with further manufacturing capacity for the European marketsBarcelona – July 18, 2022 — Peli Produ... Read more
The purchase accelerates its Expansion Strategy with further manufacturing capacity for the European marketsBarcelona. Read more
June 29, 2022
Ryerson CEO praises economic promise of American manufacturing at ground-breaking event for subsidiary
Ryerson CEO Eddie Lehner told a crowd of elected officials, dignitaries and construction workers earlier this month that well-paying manufacturing jobs are key to the American economy, according to the Chicago Tribune. He made the remarks came during a ground-breaking ceremony for wholly owned subsidiary Central Steel & Wire. "I am going to say it three times for good luck," Lehner said. "Manufacturing, manufacturing, manufacturing." ... Read more
Ryerson CEO Eddie Lehner told a crowd of elected officials, dignitaries and construction workers earlier this month that well-paying manufacturing job... Read more
Ryerson CEO Eddie Lehner told a crowd of elected officials, dignitaries and construction workers earlier this month t. Read more
June 20, 2022
Platinum Equity to Acquire Majority Interest in Global Intimate Apparel Company Hop Lun
Investment in Hong Kong-based lingerie and swimwear company led by Platinum’s Singapore investment team LOS ANGELES and SINGAPORE, June 20, 2022 — Platinum Equity announced today the signing of a definitive agreement to acquire a controlling stake in international fashion lingerie and swimwear company Hop Lun from company founder Erik Ryd. Financial terms were not disclosed. Founded by Mr. Ryd in 1992 and headquartered in Hong Kong, Hop... Read more
Investment in Hong Kong-based lingerie and swimwear company led by Platinum’s Singapore investment team LOS ANGELES and SINGAPORE, June 20, 2022 ... Read more
Investment in Hong Kong-based lingerie and swimwear company led by Platinum’s Singapore investment team LOS ANGE. Read more
