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SYDNEY ‑ JELD-WEN, a U.S.-based, publicly traded manufacturer of windows and doors, decided to divest its Australasian business in 2022, which set off a competitive sales process. The process was a chance for Platinum Eq...
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Platinum Equity Invests in TAK Communications
March 22, 2024
Firm to partner with TAK’s current shareholders and management team, which will continue as equity partners in the business Transaction extends momentum of Platinum Equity’s Small Cap team LOS ANGELES (March 22, 202...
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Platinum Equity Completes Sale of Yak Access to United Rentals for $1.1 Billion
March 15, 2024
LOS ANGELES (March 15, 2024) – Platinum Equity announced today that the sale of Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC (collectively, “Yak”) to United Rentals, Inc. (NYSE...
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December 20, 2023
Cabinetworks Group introduces new $8 million corporate headquarters, brings 110 new jobs to Detroit suburb
LIVONIA, Mich. - With various local and state officials on hand, Cabinetworks Group officially opened its new $8 million corporate headquarters in December. CEO John Barkhouse and Chief Human Resource Officer Jo Ann Morelli did the honors, cutting the red ribbon in front of employees assembled over two floors on the site that was once a call center for a local healthcare company. Cabinetworks Group previously resided in an oversized and agi... Read more
LIVONIA, Mich. - With various local and state officials on hand, Cabinetworks Group officially opened its new $8 million corporate headquarters in Dec... Read more
LIVONIA, Mich. - With various local and state officials on hand, Cabinetworks Group officially opened its new $8 mill. Read more
December 19, 2023
Platinum Equity Portfolio Company Hop Lun Acquires Rainbow West Apparel
LOS ANGELES and HONG KONG (Dec. 18, 2023) – Platinum Equity portfolio company Hop Lun, one of the world’s largest designers and manufacturers of undergarments and swimwear, announced today the acquisition of Rainbow West Apparel (“RW Designs”), a woman and minority-owned swimwear company based.Founded in 1993 as a family-owned business, RW Designs is a Los Angeles-based company that has served as a premier private label design house and m... Read more
LOS ANGELES and HONG KONG (Dec. 18, 2023) – Platinum Equity portfolio company Hop Lun, one of the world’s largest designers and manufacturers of u... Read more
LOS ANGELES and HONG KONG (Dec. 18, 2023) – Platinum Equity portfolio company Hop Lun, one of the world’s largest. Read more
December 12, 2023
BlueCrest introduces OttoMate, a collaborative robot, which aims to increase productivity and reduce labor-intensive tasks in mailrooms
BlueCrest recently unveiled OttoMate, its first collaborative robot, which is engineered to work alongside human workers to automate various tasks in the mailing industry. In response to prevailing labor challenges in the mailing market, which include high turnover rates causing disruptions in recruitment, BlueCrest developed OttoMate. “With the introduction of OttoMate, we hope to leverage our intellectual property and industry know-how ... Read more
BlueCrest recently unveiled OttoMate, its first collaborative robot, which is engineered to work alongside human workers to automate various tasks in ... Read more
BlueCrest recently unveiled OttoMate, its first collaborative robot, which is engineered to work alongside human work. Read more
December 06, 2023
Platinum Equity Sells Valpak to AmatoMartin
LOS ANGELES (Dec. 4, 2023) – Platinum Equity announced the sale of marketing and advertising solutions provider Valpak to AmatoMartin, a privately held investment holding company.Valpak, based in St. Petersburg, Florida, is a leader in omnichannel media and direct marketing solutions for local businesses and national brands. The company is trusted by 34,000 businesses to drive lead generation and brand awareness through direct mail and digital ... Read more
LOS ANGELES (Dec. 4, 2023) – Platinum Equity announced the sale of marketing and advertising solutions provider Valpak to AmatoMartin, a privately h... Read more
LOS ANGELES (Dec. 4, 2023) – Platinum Equity announced the sale of marketing and advertising solutions provider Val. Read more
November 30, 2023
Platinum Equity’s acquisition of Tarter Farm and Ranch another example of ability to tailor solutions for founder-owned businesses seeking outside investment
Tarter Farm and Ranch Equipment is a well-known brand that provides mission-critical products for farmers and ranchers in the U.S. The company is also the latest example of Platinum Equity providing a divestiture solution for a founder-owned company. Following similar acquisition paths as current portfolio companies like L&R, Arrow International and Hop Lun, Tarter also required a degree of understanding that there is a personal dynamic... Read more
Tarter Farm and Ranch Equipment is a well-known brand that provides mission-critical products for farmers and ranchers in the U.S. The company is a... Read more
Tarter Farm and Ranch Equipment is a well-known brand that provides mission-critical products for farmers and rancher. Read more
November 16, 2023
Club Car provides fleet of solar-powered vehicles at the Ryder Cup for the first time in event history
Club Car provides fleet of solar-powered vehicles at the Ryder Cup for the first time in event historyFor the first time in Ryder Cup history, most of the event fleet cars were solar powered.And Club Car, the Georgia-based golf cart and utility vehicle manufacturer, provided the vehicles.Club Car shipped and assembled a fleet of 550 cars to assist with the staging and support of the event held earlier this year. The biennial event pitting the bes... Read more
Club Car provides fleet of solar-powered vehicles at the Ryder Cup for the first time in event historyFor the first time in Ryder Cup history, most of... Read more
Club Car provides fleet of solar-powered vehicles at the Ryder Cup for the first time in event historyFor the first t. Read more
November 06, 2023
Kohler Co. to Establish Energy Division as Independent Business with Platinum Equity as Majority Interest Partner, Accelerating Long-Term Growth Strategies for both Organizations
Standalone business providing energy resilience solutions expected to benefit from Platinum Equity’s carve-out experience and operational expertise LOS ANGELES (Nov. 6, 2023) – Kohler Co. today announced the strategic decision to set Kohler Energy up as a separate, independent business with Platinum Equity engaged as the majority investment partner. Kohler will continue to stay invested in the Energy business following the closing and remain... Read more
... Read more
Standalone business providing energy resilience solutions expected to benefit from Platinum Equity’s carve-out expe. Read more
November 01, 2023
Platinum Equity’s involvement in the Malibu Triathlon helps Children’s Hospital Los Angeles raise money for pediatric cancer research
MALIBU, Calif. – Platinum Equity associate Lindsay Saldebar knows firsthand the impact Children’s Hospital Los Angeles has on the community. That’s why when she learned that Platinum Equity’s annual involvement in the Malibu Triathlon helps to raise money for the hospital, she just had to participate. “My (family member) was treated at Children’s Hospital at a young age,” Saldebar said. “It’s a cause that is near and dear ... Read more
MALIBU, Calif. – Platinum Equity associate Lindsay Saldebar knows firsthand the impact Children’s Hospital Los Angeles has on the community. Th... Read more
MALIBU, Calif. – Platinum Equity associate Lindsay Saldebar knows firsthand the impact Children’s Hospital Los An. Read more
October 16, 2023
Platinum Equity to Acquire Co-Controlling Stake in US LBM
Platinum Equity and Existing Investor Bain Capital to Have Equal Ownership and Shared Commitment to Support Company’s Evolution as the Most Trusted Partner to Builders Across the Country LOS ANGELES (October 16, 2023) – Platinum Equity announced today the signing of a definitive agreement to acquire a co-controlling stake in US LBM, a leading distributor of specialty building materials in the United States, from Bain Capital Private Equity (... Read more
Platinum Equity and Existing Investor Bain Capital to Have Equal Ownership and Shared Commitment to Support Company’s Evolution as the Most Trusted ... Read more
October 02, 2023
Platinum Equity to Acquire Majority Interest in the Cook & Boardman Group from Littlejohn
LOS ANGELES (September 29, 2023) – Platinum Equity announced today the signing of a definitive agreement to acquire a majority interest in The Cook & Boardman Group (“Cook & Boardman” or “C&B”) from Littlejohn & Co., LLC (“Littlejohn”). Littlejohn will remain a significant minority shareholder. Financial terms of the transaction were not disclosed. Established in 1955 and based in Winston-Salem, North Carolina, Coo... Read more
LOS ANGELES (September 29, 2023) – Platinum Equity announced today the signing of a definitive agreement to acquire a majority interest in The Cook ... Read more
LOS ANGELES (September 29, 2023) – Platinum Equity announced today the signing of a definitive agreement to acquire. Read more
