News
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...
Latest Article
Latest Article
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...
Latest Article
Latest Article
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...
Latest Article
October 14, 2015
Platinum Equity to Sell DMS Health Technologies to Digirad Corporation
Successful Investment Underscores Platinum Equity’s Continued Strength in the Lower Middle MarketLos Angeles (Oct. 14, 2015) – Platinum Equity today announced it has signed a definitive agreement to sell DMS Health Technologies (“DMS Health”) to Digirad Corporation (NASDAQ: DRAD). The transaction is expected to close by the end of 2015.Headquartered in Fargo, North Dakota, DMS Health provides mobile diagnostic imaging and related sales ... Read more
Successful Investment Underscores Platinum Equity’s Continued Strength in the Lower Middle MarketLos Angeles (Oct. 14, 2015) – Platinum Equity tod... Read more
Successful Investment Underscores Platinum Equity’s Continued Strength in the Lower Middle MarketLos Angeles (Oct. . Read more
October 01, 2015
Platinum Equity Completes Acquisition of Worldwide Flight Services
LOS ANGELES (Oct. 1, 2015) – Platinum Equity today announced it has completed the acquisition of Worldwide Flight Services from LBO France. WFS is one of the world's largest cargo handlers and a leading global provider of ground handling and technical services. Financial terms were not disclosed.Bastian Lueken, head of Platinum Equity’s European investment team, said: “We are excited about the prospects for WFS and are working with the mana... Read more
LOS ANGELES (Oct. 1, 2015) – Platinum Equity today announced it has completed the acquisition of Worldwide Flight Services from LBO France. WFS is o... Read more
LOS ANGELES (Oct. 1, 2015) – Platinum Equity today announced it has completed the acquisition of Worldwide Flight S. Read more
October 01, 2015
American Commercial Lines to Acquire AEP River Operations
Acquisition Expected to Create Strong Synergies and Reunite ACL Management Team with Business It Helped BuildJeffersonville, IN, Oct. 1, 2015 – American Commercial Lines (ACL) announced today it has signed a definitive agreement to acquire AEP River Operations from American Electric Power (NYSE: AEP).AEP River Operations is a commercial inland barge company delivering approximately 45 million tons of products annually. The company is based in... Read more
Acquisition Expected to Create Strong Synergies and Reunite ACL Management Team with Business It Helped BuildJeffersonville, IN, Oct. 1, 2015 – Amer... Read more
Acquisition Expected to Create Strong Synergies and Reunite ACL Management Team with Business It Helped BuildJefferso. Read more
September 03, 2015
The Citizen Hotel Joins Autograph Collection Hotels™ Global Portfolio
Sacramento, California (PRWEB)September 03, 2015The Citizen hotel in Sacramento, California, which was recently acquired by Platinum Equity, is the latest addition to Autograph Collection Hotels, Marriott International’s exclusive portfolio of properties recognized for celebrating individuality.“Our goal is to give guests of the Citizen an upscale luxury experience with a location convenient to all that downtown Sacramento has to offer,” sa... Read more
Sacramento, California (PRWEB)September 03, 2015The Citizen hotel in Sacramento, California, which was recently acquired by Platinum Equity, is the la... Read more
Sacramento, California (PRWEB)September 03, 2015The Citizen hotel in Sacramento, California, which was recently acqui. Read more
June 01, 2015
Platinum Equity Completes Sale of Bridge Terminal Transport Services
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS ANGELES (June 1, 2015) – Platinum Equity announced today the sale of Bridge Terminal Transportation Services (BTT) to XPO Logistics, Inc. (NYSE: XPO) has been completed. Financial terms of the transaction were not disclosed.BTT is a leading marine drayage provider with a network of 28 terminals and 27 container yards throughout th... Read more
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS ANGELES (June 1, 2015) – Platinu... Read more
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS ANG. Read more
May 22, 2015
Maxim Crane Works Acquires Crane Rental Corporation
Pittsburgh, PA -- May 22, 2015 -- Maxim Crane Works announced today it has acquired Orlando, Fla.-based Crane Rental Corporation, a provider of heavy hauling, specialized rigging and crane services in the Southeast United States. Financial terms of the transaction were not disclosed.CRC provides operated and bare crane, rigging and lifting services from three locations in Florida and one in Alabama. The company's fleet includes primarily Crawler,... Read more
Pittsburgh, PA -- May 22, 2015 -- Maxim Crane Works announced today it has acquired Orlando, Fla.-based Crane Rental Corporation, a provider of heavy ... Read more
Pittsburgh, PA -- May 22, 2015 -- Maxim Crane Works announced today it has acquired Orlando, Fla.-based Crane Rental . Read more
May 21, 2015
Chevrolet Detroit Belle Isle Grand Prix Partners With Tom Gores and Platinum Equity to Light Up MacArthur Bridge and Scott Fountain Lagoon
Belle Isle Bridge Lighting Powered by Platinum Equity from Platinum Equity on Vimeo.Installation of All New LED Lights Improves Visibility and Safety on Belle IsleDetroit – (May 21, 2015) – The Chevrolet Detroit Belle Isle Grand Prix today announced that thanks to a $50,000 donation from Tom Gores and Platinum Equity, all of the broken and aging lights and fixtures lining the MacArthur Bridge have been replaced with high-efficiency LED techno... Read more
Belle Isle Bridge Lighting Powered by Platinum Equity from Platinum Equity on Vimeo.Installation of All New LED Lights Improves Visibility and Safety ... Read more
Belle Isle Bridge Lighting Powered by Platinum Equity from Platinum Equity on Vimeo.Installation of All New LED Light. Read more
May 15, 2015
Platinum Equity CFO Mary Ann Sigler Tells 2015 USC Accounting Graduates: “Be Creative, Be Relevant, Be Ethical”
Los Angeles – (May 15, 2015) – Platinum Equity CFO and CCO Mary Ann Sigler today delivered the commencement address at the University of Southern California’s Leventhal School of Accounting graduation ceremony. Ms. Sigler, who earned a Master’s degree in Business Taxation from USC in 1980, talked about what she has learned over her 35-year career in public accounting and private equity and offered some advice to the 2015 graduating class... Read more
Los Angeles – (May 15, 2015) – Platinum Equity CFO and CCO Mary Ann Sigler today delivered the commencement address at the University of Southern ... Read more
Los Angeles – (May 15, 2015) – Platinum Equity CFO and CCO Mary Ann Sigler today delivered the commencement addre. Read more
May 15, 2015
Maxim Crane Works Acquires Indianapolis-Based Poindexter Crane Services
Transaction Strengthens Maxim's Midwestern Presence as Company Pursues Growth in Market Ripe with Add-On OpportunitiesPITTSBURGH--May 15, 2015 - Maxim Crane Works announced today it has acquired Indianapolis, Ind.-based Poindexter Transportation, Inc.'s crane services division. Financial terms of the transaction were not disclosed.Maxim CEO Bryan Carlisle said the acquisition is a strategic move designed to expand Maxim's existing Indiana operati... Read more
Transaction Strengthens Maxim's Midwestern Presence as Company Pursues Growth in Market Ripe with Add-On OpportunitiesPITTSBURGH--May 15, 2015 - Maxim... Read more
Transaction Strengthens Maxim's Midwestern Presence as Company Pursues Growth in Market Ripe with Add-On Opportunitie. Read more
May 11, 2015
Platinum Equity Completes Acquisition of PrimeSource Building Products from ITOCHU
LOS ANGELES (May 11, 2015) – Platinum Equity today announced it has completed the acquisition of PrimeSource Building Products, Inc. from ITOCHU Corporation. Financial terms were not disclosed.PrimeSource, headquartered in Irving, Texas, is the largest distributor of construction fasteners and one of the largest distributors of non-lumber building products in North America. Platinum Equity is a global private equity firm currently investing fr... Read more
LOS ANGELES (May 11, 2015) – Platinum Equity today announced it has completed the acquisition of PrimeSource Building Products, Inc. from ITOCHU Cor... Read more
LOS ANGELES (May 11, 2015) – Platinum Equity today announced it has completed the acquisition of PrimeSource Buildi. Read more
