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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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November 16, 2012
Contego Packaging Agrees to the Sale of its European Cartons Business to Graphic Packaging
Contego Packaging announced today that it has signed a definitive agreement to sell its food and beverage Cartons business to Graphic Packaging Holding Company. The Cartons business includes operations in the UK, the Netherlands and Ireland with sites in Leeds, Gillingham, Hoogerheide, and Portlaiose.The ownership and growth strategy of the Healthcare business of the Contego Packaging Group remains unchanged and continues to remain focused on exp... Read more
Contego Packaging announced today that it has signed a definitive agreement to sell its food and beverage Cartons business to Graphic Packaging Holdin... Read more
Contego Packaging announced today that it has signed a definitive agreement to sell its food and beverage Cartons bus. Read more
November 05, 2012
Platinum Equity Completes Acquisition of BWAY Parent Company, Inc.
Atlanta, GA – BWAY Parent Company, Inc., a leading North American supplier of general line rigid containers, announced today it has been acquired by an affiliate of Platinum Equity in a transaction valued at approximately $1.24 billion. The transaction, first announced October 2, 2012, closed today."We are excited about this next step in the evolution of our company as we transition to new ownership," said Kenneth Roessler, BWAY President and C... Read more
Atlanta, GA – BWAY Parent Company, Inc., a leading North American supplier of general line rigid containers, announced today it has been acquired by... Read more
Atlanta, GA – BWAY Parent Company, Inc., a leading North American supplier of general line rigid containers, announ. Read more
November 01, 2012
Caterpillar Logistics Services Becomes Neovia
Chicago, IL -- November 1, 2012 – The business formerly known as Caterpillar Logistics Services today announced a new name and corporate brand identity, Neovia. Neovia provides third-party logistics solutions to the automotive, industrial, mining, aerospace and defense industries. Platinum Equity, a Los Angeles-based private equity firm, acquired a majority interest in the company from Caterpillar Inc. in July. Caterpillar retained a 35 percen... Read more
Chicago, IL -- November 1, 2012 – The business formerly known as Caterpillar Logistics Services today announced a new name and corporate brand ident... Read more
Chicago, IL -- November 1, 2012 – The business formerly known as Caterpillar Logistics Services today announced a n. Read more
October 02, 2012
BWAY Parent Company, Inc. to be Acquired by Platinum Equity
Atlanta, GA – BWAY Parent Company, Inc, a leading North American supplier of general line rigid containers through its primary operating subsidiary, BWAY Corporation, announced today that it has entered into a definitive agreement to be acquired by an affiliate of Platinum Equity in a transaction valued at approximately $1.24 billion."We are very excited about this transaction with Platinum Equity. Platinum brings to BWAY a strong operational a... Read more
Atlanta, GA – BWAY Parent Company, Inc, a leading North American supplier of general line rigid containers through its primary operating subsidiary,... Read more
Atlanta, GA – BWAY Parent Company, Inc, a leading North American supplier of general line rigid containers through . Read more
August 15, 2012
Hilton Worldwide Recognizes 2011 Hotel Development Award Winners for North America
MCLEAN, VA - Hilton Worldwide today announced the winners of its annual development awards for North America in the categories of Lifetime Achievement, Developer of the Year, Best Conversion, Deal of the Year and Outstanding Achievement. Recipients are awarded based on criteria that includes unique hotels developed, total number and quality of hotels, impact on community and fastest construction time."Our success is due, in part, to the critical ... Read more
MCLEAN, VA - Hilton Worldwide today announced the winners of its annual development awards for North America in the categories of Lifetime Achievement... Read more
MCLEAN, VA - Hilton Worldwide today announced the winners of its annual development awards for North America in the c. Read more
August 01, 2012
Caterpillar Completes Sale of Third-Party Logistics Business to Platinum Equity
Peoria, Ill. – Caterpillar Inc (NYSE: CAT) and Platinum Equity announced today that Platinum Equity’s acquisition of a majority interest in Caterpillar Logistics Services has been completed. Caterpillar will retain a 35 percent equity stake in the business. The overall transaction is valued at approximately $750 million.Caterpillar Logistics Services is the third party logistics division of Caterpillar’s wholly owned subsidiary, Caterpillar... Read more
Peoria, Ill. – Caterpillar Inc (NYSE: CAT) and Platinum Equity announced today that Platinum Equity’s acquisition of a majority interest in Caterp... Read more
Peoria, Ill. – Caterpillar Inc (NYSE: CAT) and Platinum Equity announced today that Platinum Equity’s acquisition. Read more
July 31, 2012
Image Sensors from Truesense Imaging Enable Mars Science Laboratory To Capture High Definition Images From Mars
Rochester, NY – When NASA's Mars Science Laboratory (MSL) rover Curiosity lands on Mars this weekend, image sensors from Truesense Imaging will be on board to capture high definition color images from the surface of the Red Planet.Curiosity, scheduled to land during the early morning hours of August 6 (U.S. Eastern time), is designed to assess whether Mars ever had an environment able to support life by deploying the most advanced set of scient... Read more
Rochester, NY – When NASA's Mars Science Laboratory (MSL) rover Curiosity lands on Mars this weekend, image sensors from Truesense Imaging will be o... Read more
Rochester, NY – When NASA's Mars Science Laboratory (MSL) rover Curiosity lands on Mars this weekend, image sensors. Read more
June 26, 2012
Schutt Sports' Helmets: Protecting the Yolk
With player safety a leading concern among football players at all levels of play, Pro Football Weekly devoted an in-depth three-part article to the football helmet industry: manufacturing challenges, the major industry players, and NOCSAE (National Operating Committee on Standards for Athletic Equipment) testing. Platinum Equity portfolio company Schutt Sports is one of the four companies profiled for its innovative approach to impact absorption... Read more
With player safety a leading concern among football players at all levels of play, Pro Football Weekly devoted an in-depth three-part article to the f... Read more
With player safety a leading concern among football players at all levels of play, Pro Football Weekly devoted an in-. Read more
June 21, 2012
Keystone Automotive Operations Announces Opening of Portland, Oregon Warehouse Operations
Exeter, PA – Keystone Automotive Operations, Inc. announced today that the company is again expanding its operations, in order to serve its customers better in the Pacific Northwest and Western Canada. The company has been very actively growing over the past few years and will be opening its fifth warehouse in the Portland Metropolitan Area. As part of Keystone's recent acquisition of NTP Distribution, Inc. (a leading Wholesale Distributor of... Read more
Exeter, PA – Keystone Automotive Operations, Inc. announced today that the company is again expanding its operations, in order to serve its custom... Read more
Exeter, PA – Keystone Automotive Operations, Inc. announced today that the company is again expanding its operati. Read more
June 08, 2012
Diversified Machine Announces New Leadership
Wixom, MI – Diversified Machine Inc. (DMI), a vertically-integrated supplier of fully engineered chassis and powertrain components and modules to the automotive industry, today announced the appointment of Robert J. Remenar as CEO. Mr. Remenar, 56, replaces former DMI Chairman and CEO Bruce Swift who stepped down in March.“We conducted a thorough and comprehensive search for a leader with the right combination of experience, ambition and inte... Read more
Wixom, MI – Diversified Machine Inc. (DMI), a vertically-integrated supplier of fully engineered chassis and powertrain components and modules to th... Read more
Wixom, MI – Diversified Machine Inc. (DMI), a vertically-integrated supplier of fully engineered chassis and powert. Read more
