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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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February 15, 2006
Platinum Equity Signs Definitive Agreement to Acquire PNA Group, Inc. from TUI AG
Acquisition Will Expand Platinum’s Holdings in Steel Services SectorLOS ANGELES (February 15, 2006) – Platinum Equity announced today that it has signed a definitive agreement to acquire PNA Group, Inc., a leading processor and distributor of steel products with annual revenue of approximately $1.2 billion.The seller is TUI AG, the largest travel and tourism company in Europe, which has been divesting non-core industrial holdings in order to ... Read more
Acquisition Will Expand Platinum’s Holdings in Steel Services SectorLOS ANGELES (February 15, 2006) – Platinum Equity announced today that it has ... Read more
Acquisition Will Expand Platinum’s Holdings in Steel Services SectorLOS ANGELES (February 15, 2006) – Platinum Eq. Read more
January 18, 2006
Platinum Equity Acquires Boyd Coddington Wheels; Hires Robert Swelgin to Lead American Racing
Investment firm continues building presence in automotive aftermarket LOS ANGELES (January 17, 2006) – Platinum Equity announced today that it has acquired Boyd Coddington specialty wheels from NRG Motorsports, Inc., a manufacturer and international distributor of automotive aftermarket parts and accessories. Platinum also announced an executive appointment involving its flagship company in the automotive aftermarket, naming Robert Swelgin as t... Read more
Investment firm continues building presence in automotive aftermarket LOS ANGELES (January 17, 2006) – Platinum Equity announced today that it has a... Read more
Investment firm continues building presence in automotive aftermarket LOS ANGELES (January 17, 2006) – Platinum Equ. Read more
January 05, 2006
Platinum Equity Completes Sale of ACR Logistics to Kuehne + Nagel International
Operational Performance and Enterprise Value Grew Dramatically Under Platinum Ownership LOS ANGELES (October 17, 2005) – Platinum Equity announced today that it has agreed to sell portfolio company ACR Logistics to Kuehne + Nagel International AG, one of world’s largest logistics companies. The agreement values ACR Logistics at nearly €500 million euros. The transaction, which is subject to regulatory approval, is expected to ... Read more
Operational Performance and Enterprise Value Grew Dramatically Under Platinum Ownership LOS ANGELES (October 17, 2005) – Platinum Equity a... Read more
Operational Performance and Enterprise Value Grew Dramatically Under Platinum Ownership LOS ANGELES (Octobe. Read more
January 04, 2006
Platinum Equity Appoints CEO and CFO for its New Company, Turf Care Supply Corp.
Chief Executive Officer is William J. Milowitz; Chief Financial Officer is Richard C. NiheiLOS ANGELES (January 5, 2006) – Platinum Equity announced today that William J. Milowitz has been appointed as Chief Executive Officer and Richard C. Nihei has been appointed Chief Financial Officer of Turf Care Supply Corp., the firm’s newly created manufacturer and distributor of professional turf care products and supplies.Turf Care Supply was establ... Read more
Chief Executive Officer is William J. Milowitz; Chief Financial Officer is Richard C. NiheiLOS ANGELES (January 5, 2006) – Platinum Equity announced... Read more
Chief Executive Officer is William J. Milowitz; Chief Financial Officer is Richard C. NiheiLOS ANGELES (January 5, 20. Read more
January 03, 2006
Platinum Equity's Matrix Telecom Completes Acquisition of Global Crossing's Small Business Group
Transaction Includes Long-term Carrier Services AgreementLOS ANGELES (January 3, 2006) – Platinum Equity announced today that its portfolio company Matrix Telecom, Inc. has completed the acquisition of Global Crossing’s Small Business Group (SBG), which provides voice and data products to small- and medium-sized enterprise customers in the United States.In addition, Global Crossing and Matrix announced they have executed a long-term carrier s... Read more
Transaction Includes Long-term Carrier Services AgreementLOS ANGELES (January 3, 2006) – Platinum Equity announced today that its portfolio company ... Read more
Transaction Includes Long-term Carrier Services AgreementLOS ANGELES (January 3, 2006) – Platinum Equity announced . Read more
January 03, 2006
Platinum Equity Names Ross Young as Peak Technologies President and CEO
LOS ANGELES (January 4, 2005) – Platinum Equity announced today that senior executive Ross Young has been appointed president and CEO of Platinum company PEAK Technologies, an international provider of automated identification and data collection systems and enterprise mobility solutions. Platinum completed the acquisition of PEAK Technologies on December 22, 2005.Young most recently served as vice president of portfolio operations for Platinum... Read more
LOS ANGELES (January 4, 2005) – Platinum Equity announced today that senior executive Ross Young has been appointed president and CEO of Platinum co... Read more
LOS ANGELES (January 4, 2005) – Platinum Equity announced today that senior executive Ross Young has been appointed. Read more
December 28, 2005
Platinum Equity Completes Acquisition of Peak Technologies
LOS ANGELES (December 23, 2005) – Platinum Equity announced today that it has completed the acquisition of PEAK Technologies, an international provider of automated identification and data collection (AIDC) systems and enterprise mobility solutions, from R. R. Donnelley & Sons Company. The transaction was announced on October 21, 2005. PEAK Technologies, based in Columbia, MD, designs and implements data collection and ... Read more
LOS ANGELES (December 23, 2005) – Platinum Equity announced today that it has completed the acquisition of PEAK Technologies, an international p... Read more
LOS ANGELES (December 23, 2005) – Platinum Equity announced today that it has completed the acquisition of PEAK T. Read more
December 21, 2005
Platinum Equity Completes Acquisition of ESM Group
Degussa AG Divests Provider of Products and Services to the Steel IndustryLOS ANGELES (December 21, 2005) – Platinum Equity announced today that it has completed the acquisition of ESM Group Inc., a leading provider of products and services to the steel industry headquartered in Amherst, N.Y.The seller is Degussa AG, a global specialty chemicals manufacturer based in Germany. ESM Group was part of the metallurgy business that Degussa designated... Read more
Degussa AG Divests Provider of Products and Services to the Steel IndustryLOS ANGELES (December 21, 2005) – Platinum Equity announced today that it ... Read more
Degussa AG Divests Provider of Products and Services to the Steel IndustryLOS ANGELES (December 21, 2005) – Platinu. Read more
November 21, 2005
Merry X-Ray Acquires SourceOne Healthcare Technologies
LOS ANGELES (November 21, 2005) – Merry X-Ray Corporation, a nationwide leader in medical imaging technology and service, has acquired SourceOne Healthcare Technologies from Platinum Equity, the companies announced today. Financial terms were not disclosed.Merry X-Ray executives said the acquisition of SourceOne would expand their reach as one of the leading providers of radiology imaging solutions to hospitals and health care centers across No... Read more
LOS ANGELES (November 21, 2005) – Merry X-Ray Corporation, a nationwide leader in medical imaging technology and service, has acquired SourceOne Hea... Read more
LOS ANGELES (November 21, 2005) – Merry X-Ray Corporation, a nationwide leader in medical imaging technology and se. Read more
October 24, 2005
Platinum Equity Signs Definitive Agreement to Acquire ESM Group Inc. from Degussa AG
Company Provides Products and Services to the Steel Industry; Agreement is Platinum’s Third Transaction Announcement in the Past Week LOS ANGELES (October 24, 2005) – Platinum Equity announced today that it has signed a definitive agreement to acquire ESM Group Inc., a leading provider of products and services to the steel industry headquartered in Amherst, N.Y. The seller is Degussa AG, the global market leader in specialty chemicals based i... Read more
Company Provides Products and Services to the Steel Industry; Agreement is Platinum’s Third Transaction Announcement in the Past Week LOS ANGELES (O... Read more
Company Provides Products and Services to the Steel Industry; Agreement is Platinum’s Third Transaction Announcemen. Read more
