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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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November 01, 2021
Platinum Equity Completes Sale of Multi-Color Corporation
LOS ANGELES (November 1, 2021) – Platinum Equity announced today the sale of Multi-Color Corporation (MCC), a global leader in label solutions, has been completed. Financial terms of the transaction were not disclosed.“MCC’s success was the result of a strong partnership with MCC’s management team and a lot of hard work by talented employees throughout the organization,” said Platinum Equity Partner Louis Samson. “We worked together t... Read more
LOS ANGELES (November 1, 2021) – Platinum Equity announced today the sale of Multi-Color Corporation (MCC), a global leader in label solutions, has ... Read more
LOS ANGELES (November 1, 2021) – Platinum Equity announced today the sale of Multi-Color Corporation (MCC), a globa. Read more
November 01, 2021
McGraw Hill Completes Acquisition of Edtech Pioneer Achieve3000
New York, NY (November 1, 2021) – McGraw Hill today closed its previously-announced transaction to acquire Achieve3000, a recognized leader in differentiated instruction and learning acceleration for PreK-12 students in all 50 states and 48 countries.“Achieve3000 and its product portfolio are wonderful complements to our PreK-12 business,” said Simon Allen, CEO of McGraw Hill. “With this acquisition, we will continue to expand our efforts... Read more
New York, NY (November 1, 2021) – McGraw Hill today closed its previously-announced transaction to acquire Achieve3000, a recognized leader in diffe... Read more
New York, NY (November 1, 2021) – McGraw Hill today closed its previously-announced transaction to acquire Achieve3. Read more
November 01, 2021
Platinum Equity Forms Continuation Fund to Support Continued Growth of United Site Services
Transaction includes reinvestment from existing shareholders, and commitments from new investors including Fortress Investment Group, Landmark Partners and Blackstone Strategic PartnersLOS ANGELES – November 1, 2021 – Platinum Equity announced today the closing of a continuation fund vehicle in connection with the acquisition of United Site Services (USS), the largest provider of portable sanitation and related site services in the United St... Read more
Transaction includes reinvestment from existing shareholders, and commitments from new investors including Fortress Investment Group, Landmark Partne... Read more
Transaction includes reinvestment from existing shareholders, and commitments from new investors including Fortress . Read more
October 25, 2021
Platinum Equity Portfolio Company Petmate To Combine With Cosmic Pet
Transaction creates industry leading platform with robust scale and breadth of product offering across pet supply categoriesLOS ANGELES, Oct. 25, 2021 /PRNewswire/ -- Platinum Equity announced today the acquisition of Cosmic Pet, a leading designer, marketer and distributor of pet products, including toys, beds, collars and leashes, treats, feeders and bowls, and other accessories. Cosmic Pet will be combined with Platinum Equity portfolio com... Read more
Transaction creates industry leading platform with robust scale and breadth of product offering across pet supply categoriesLOS ANGELES, Oct. 25, 202... Read more
Transaction creates industry leading platform with robust scale and breadth of product offering across pet supply cat. Read more
October 25, 2021
Platinum Equity to Sell Orbit Irrigation to Husqvarna Group
Divestiture of Smart Watering Technology Solutions Provider Follows Successful Transformation ProgramSale Adds to Momentum of Platinum Equity’s Small Cap Investment PlatformLOS ANGELES (October 26, 2021) – Platinum Equity announced today the signing of a definitive agreement to sell Orbit Irrigation to Husqvarna Group in a transaction valued at approximately $480 million. Orbit will become part of Husqvarna Group’s Gardena Division.The tr... Read more
Divestiture of Smart Watering Technology Solutions Provider Follows Successful Transformation ProgramSale Adds to Momentum of Platinum Equity’s Sm... Read more
Divestiture of Smart Watering Technology Solutions Provider Follows Successful Transformation ProgramSale Adds to Mo. Read more
October 22, 2021
Platinum Equity Acquires Global Environmental Services Business Urbaser from China Tianying for $4.2 Billion
Acquisition of Madrid-Based Integrated Waste Management Company Adds to Global Buyout Firm’s Momentum in EuropeLOS ANGELES and MADRID (October 21, 2021) – Platinum Equity today announced that it has completed the acquisition of Urbaser, one of the world’s largest providers of environmental services, from China Tianying Inc. for an enterprise value of approximately $4.2 billion (€3.5 billion).Urbaser is a leading global environmental mana... Read more
Acquisition of Madrid-Based Integrated Waste Management Company Adds to Global Buyout Firm’s Momentum in EuropeLOS ANGELES and MADRID (October 21, ... Read more
Acquisition of Madrid-Based Integrated Waste Management Company Adds to Global Buyout Firm’s Momentum in EuropeLOS. Read more
October 22, 2021
Biscuit International announces the proposed acquisition of Continental Bakeries
Biscuit International (the “Group”) has reached an agreement to acquire Continental Bakeries from its current shareholders.Continental Bakeries joining the Biscuit International family represents a transformational and strategic acquisition that will bring together complementary product portfolios and geographical footprints and strengthen Biscuit International’s position as a leader of the European private label biscuit market.Completion o... Read more
Biscuit International (the “Group”) has reached an agreement to acquire Continental Bakeries from its current shareholders.Continental Bakeries jo... Read more
Biscuit International (the “Group”) has reached an agreement to acquire Continental Bakeries from its current sha. Read more
October 21, 2021
$4.2 billion Urbaser deal adds to Platinum Equity’s European momentum
Managing Director Igor Chacartegui talks about the importance of trust, relationships and ESG in Platinum’s latest European buyoutUrbaser is a global environmental management company focused on sustainability and innovation, with 50,000 employees serving more than 70 million people in 25 countries.With an enterprise value of $4.2 billion, Urbaser is another cornerstone deal in Platinum Equity’s global portfolio of operating companies.The acq... Read more
Managing Director Igor Chacartegui talks about the importance of trust, relationships and ESG in Platinum’s latest European buyoutUrbaser is a globa... Read more
Managing Director Igor Chacartegui talks about the importance of trust, relationships and ESG in Platinum’s latest . Read more
October 19, 2021
Platinum Equity to Acquire Pelican Products
LOS ANGELES (October 19, 2021) – Platinum Equity announced today the signing of a definitive agreement to acquire Pelican Products, a global leader in the design and manufacture of high-performance protective cases and rugged gear for professionals and outdoor enthusiasts, and temperature-controlled supply chain solutions for the healthcare industry.Financial terms were not disclosed. The transaction is expected to be completed by the end of t... Read more
LOS ANGELES (October 19, 2021) – Platinum Equity announced today the signing of a definitive agreement to acquire Pelican Products, a global leader... Read more
LOS ANGELES (October 19, 2021) – Platinum Equity announced today the signing of a definitive agreement to acquire . Read more
October 18, 2021
Platinum Equity Acquires Oregon Tool
Acquisition will help Oregon Tool fuel innovation and propel global growthPORTLAND, OR (October 18, 2021) – Platinum Equity announced today that the acquisition of Oregon Tool has been completed. Oregon Tool is a global manufacturer and distributor of aftermarket-driven professional grade cutting tools, outdoor equipment accessories and parts. Financial terms were not disclosed.Oregon Tool is the world’s #1 manufacturer of saw chain and guid... Read more
Acquisition will help Oregon Tool fuel innovation and propel global growthPORTLAND, OR (October 18, 2021) – Platinum Equity announced today that th... Read more
Acquisition will help Oregon Tool fuel innovation and propel global growthPORTLAND, OR (October 18, 2021) – Platin. Read more
