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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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November 01, 2009
Platinum Equity Portfolio Company San Diego Union-Tribune Gets Sunny New Look
The San Diego Union-Tribune gave its 14-year-old web site, www.signonsandiego.com a makeover that included a new design, improved navigation, and compelling new content from a wide range of partners.The upgrades were the first steps in a transformation that included local bloggers and other community-driven content. By combining the power of local news with easy online access, the Union-Tribune transcended its role as a news source and became a l... Read more
The San Diego Union-Tribune gave its 14-year-old web site, www.signonsandiego.com a makeover that included a new design, improved navigation, and comp... Read more
The San Diego Union-Tribune gave its 14-year-old web site, www.signonsandiego.com a makeover that included a new desi. Read more
October 30, 2009
Platinum Equity Portfolio Company San Diego Union-Tribune Partners With KGTV/Channel 10
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October 19, 2009
LA Business Journal Lists Platinum Equity as LA's Largest Private Company
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September 25, 2009
Pomeroy IT Solutions, Inc. Announces Agreement to be Acquired by Platinum Equity for $6.50 Per Share
HEBRON, KY September 25 -- Pomeroy IT Solutions, Inc. (Nasdaq: PMRY), an information technology ("IT") solutions provider (the "Company"), announced today that it has entered into a definitive merger agreement to be acquired by affiliates of private equity firm Platinum Equity, LLC. Under the terms of the merger agreement, Platinum Equity, through its affiliates, will acquire all of the outstanding common stock of the Company for $6.50 per share.... Read more
HEBRON, KY September 25 -- Pomeroy IT Solutions, Inc. (Nasdaq: PMRY), an information technology ("IT") solutions provider (the "Company"), announced t... Read more
HEBRON, KY September 25 -- Pomeroy IT Solutions, Inc. (Nasdaq: PMRY), an information technology ("IT") solutions prov. Read more
July 01, 2009
Platinum Equity Acquires Geesinknorba from Oshkosh Corporation
LOS ANGELES, CA (July 1, 2009) – Platinum Equity today announced it has completed the acquisition of The Geesink Norba Group from Oshkosh Corporation (NYSE:OSK). The company, which has recently been rebranded GEESINKNORBA, is based in Emmeloord, The Netherlands, and is a leading European manufacturer of refuse collection vehicles (RCVs).“GEESINKNORBA is an established business with talented employees and long-standing relationships with value... Read more
LOS ANGELES, CA (July 1, 2009) – Platinum Equity today announced it has completed the acquisition of The Geesink Norba Group from Oshkosh Corporatio... Read more
LOS ANGELES, CA (July 1, 2009) – Platinum Equity today announced it has completed the acquisition of The Geesink No. Read more
June 25, 2009
Platinum Equity Portfolio Company Maxim Acquires Barnhart Crane and Rigging Assets
Amid calls by industry and government for more infrastructure projects, Platinum portfolio company Maxim Crane Works LP purchased the assets of Barnhart Crane and Rigging. Maxim specializes in the rental and sales of lift equipment including hydraulic truck cranes, rough terrain cranes, crawler cranes, tower cranes, conventional truck cranes, and boom trucks.The acquisition added to Maxim’s expansion of its fleet of 230- to 300-ton sized crawle... Read more
Amid calls by industry and government for more infrastructure projects, Platinum portfolio company Maxim Crane Works LP purchased the assets of Barnha... Read more
Amid calls by industry and government for more infrastructure projects, Platinum portfolio company Maxim Crane Works . Read more
June 16, 2009
Platinum Equity Buys Wire Harness Business From Alcoa
Platinum bought Alcoa’s wire harness and electrical distribution business in June 2009; Alcoa put the division up for sale in January 2009. The business was the largest component of Alcoa’s electrical and electronic solutions division, with over 17,000 employees and a presence in 13 countries across the globe.Platinum bought Alcoa’s wire harness and electrical distribution business in June 2009; Alcoa put the division up for sale in Januar... Read more
Platinum bought Alcoa’s wire harness and electrical distribution business in June 2009; Alcoa put the division up for sale in January 2009. The busi... Read more
Platinum bought Alcoa’s wire harness and electrical distribution business in June 2009; Alcoa put the division up f. Read more
June 15, 2009
Platinum Completes Acquisition of Wire Harness and Electrical Distribution Business from Alcoa
LOS ANGELES, CA (June 15, 2009) – Platinum Equity today announced it has completed the acquisition of the wire harness and electrical distribution business of Alcoa (NYSE:AA). Financial terms of the acquisition were not disclosed. The transaction was first announced on April 30.The wire harness and electrical distribution business is the largest piece of Alcoa’s Electrical and Electronic Solutions division, and its customers include major dom... Read more
LOS ANGELES, CA (June 15, 2009) – Platinum Equity today announced it has completed the acquisition of the wire harness and electrical distribution b... Read more
LOS ANGELES, CA (June 15, 2009) – Platinum Equity today announced it has completed the acquisition of the wire harn. Read more
May 04, 2009
Platinum Equity Completes Acquisition of San Diego Union-Tribune
BEVERLY HILLS, CA – May 4, 2009 – Platinum Equity announced today that it has completed the acquisition of San Diego’s leading daily newspaper, The San Diego Union-Tribune, from The Copley Press Inc. The transaction was previously announced on March 18.Platinum also announced the appointment of Paul Bridwell as the Union-Tribune’s Chief Restructuring Officer. Pending the appointment of a permanent publisher, Mr. Bridwell will be the senio... Read more
BEVERLY HILLS, CA – May 4, 2009 – Platinum Equity announced today that it has completed the acquisition of San Diego’s leading daily newspaper, ... Read more
BEVERLY HILLS, CA – May 4, 2009 – Platinum Equity announced today that it has completed the acquisition of San Di. Read more
April 30, 2009
Platinum Equity Acquires Canvas Systems LLC
LOS ANGELES, CA (April 30, 2009) – Platinum Equity announced today that it has acquired a majority stake in Canvas Systems LLC, a global supplier of used and refurbished enterprise-class IT equipment and services.Platinum acquired the controlling interest from OHC, LLC, an Atlanta-based company that also owns global IT consulting group Corus360. OHC will maintain a minority interest in Canvas. Terms of the transaction were not disclosed.“Canv... Read more
LOS ANGELES, CA (April 30, 2009) – Platinum Equity announced today that it has acquired a majority stake in Canvas Systems LLC, a global supplier of... Read more
LOS ANGELES, CA (April 30, 2009) – Platinum Equity announced today that it has acquired a majority stake in Canvas . Read more
