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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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April 04, 2022
Platinum Equity Portfolio Company Ingram Micro Completes Sale of Majority of Commerce & Lifecycle Services Business
Sale allows Ingram Micro to increase focus on growth of core technology and cloud businessesLOS ANGELES (April 4, 2022) – Platinum Equity confirmed today that the main closing of the sale of most of portfolio company Ingram Micro’s Commerce & Lifecycle Services Business (“CLS”) to CMA CGM Group has been completed. The transaction was valued at approximately $3 billion.The main closing involved the divestiture of CLS operations in Eur... Read more
Sale allows Ingram Micro to increase focus on growth of core technology and cloud businessesLOS ANGELES (April 4, 2022) – Platinum Equity confirmed... Read more
Sale allows Ingram Micro to increase focus on growth of core technology and cloud businessesLOS ANGELES (April 4, 20. Read more
April 03, 2022
Cision Completes Acquisition of Streem
Streem brand, platform, and local service continue in Australia and New Zealand (ANZ) marketManagement team retained with long-term growth mandateStreem joins PR Newswire, Brandwatch, and Falcon.io brands to activate full-service offering for Cision across ANZSYDNEY and CHICAGO, April 3, 2022 /PRNewswire/ -- Global communications intelligence company Cision announced today that it has completed the acquisition of realtime media monitoring... Read more
Streem brand, platform, and local service continue in Australia and New Zealand (ANZ) marketManagement team retained with long-term growth mandate... Read more
Streem brand, platform, and local service continue in Australia and New Zealand (ANZ) marketManagement team retai. Read more
April 01, 2022
Platinum Equity Portfolio Company Paramount Global Surfaces Acquires Stone Source
Acquisition of National Tile and Stone Distributor Strengthens PGS Offering in Growing Commercial Flooring MarketLOS ANGELES and MIAMI (April 1, 2022) – Platinum Equity portfolio company Paramount Global Surfaces (“PGS”) announced today the acquisition of Stone Source from a group of investors led by Founders Equity. Financial terms were not disclosed.Headquartered in New York, Stone Source distributes natural stone, ceramic tile and oth... Read more
Acquisition of National Tile and Stone Distributor Strengthens PGS Offering in Growing Commercial Flooring MarketLOS ANGELES and MIAMI (April 1, 2022... Read more
Acquisition of National Tile and Stone Distributor Strengthens PGS Offering in Growing Commercial Flooring MarketLOS. Read more
March 04, 2022
Platinum Equity Portfolio Company L&R Distributors Acquires SJ Creations
LOS ANGELES and BROOKLYN (March 4, 2022) – Platinum Equity portfolio company L&R Distributors announced today the acquisition of SJ Creations (“SJ”) from the company’s founders. Financial terms were not disclosed.Headquartered in Encinitas, California, SJ is a health, beauty and personal care products company focused on everyday and specialty bath, body and skin care products sold in major retailers under owned brands or private lab... Read more
... Read more
LOS ANGELES and BROOKLYN (March 4, 2022) – Platinum Equity portfolio company L&R Distributors announced today t. Read more
February 28, 2022
How the Oregon Tool Disaster Response Team assists communities in removing tree debris following storms
When it made landfall last summer, Hurricane Ida downed trees throughout Louisiana, which created hazardous situations in an area accustomed to the dangers of violent storms. Shortly afterward dispatching a team of to assist relief efforts, Oregon Tool representatives received an e-mail from a Hammond, La., resident thanking the company’s Disaster Response Team for its chainsaw support after the Category 4 storm caused an estimated $18 bil... Read more
When it made landfall last summer, Hurricane Ida downed trees throughout Louisiana, which created hazardous situations in an area accustomed to the d... Read more
When it made landfall last summer, Hurricane Ida downed trees throughout Louisiana, which created hazardous situatio. Read more
February 17, 2022
Aventiv Technologies Formally Launches Independent Advisory Board of Experts and Advocates in Reentry, Rehabilitation, Education
DALLAS, February 17, 2022 -- Aventiv Technologies, the leading technology company empowering rehabilitative justice by pioneering the development and deployment of educational platforms as a rehabilitation tool for the incarcerated, today announced the formal launch of a Corporate Advisory Board to help fulfill its aggressive, multi-year commitments to transformation.The board comprises 11 leaders representing a diverse cross-section of consti... Read more
DALLAS, February 17, 2022 -- Aventiv Technologies, the leading technology company empowering rehabilitative justice by pioneering the development a... Read more
DALLAS, February 17, 2022 -- Aventiv Technologies, the leading technology company empowering rehabilitative justic. Read more
February 15, 2022
Sale of PAE to Amentum Completes Platinum Equity’s Exit of Mission-Critical Solutions Provider
Investment helped establish Platinum’s playbook in government services sector where firm seeks new opportunities to put capital to work LOS ANGELES (February 15, 2022) — Platinum Equity confirmed today that following the approximately $1.9 billion sale of PAE Incorporated to an affiliate of Amentum Government Services Holdings LLC that closed this morning, the firm has fully exited its investment in the government services provider that it ... Read more
Investment helped establish Platinum’s playbook in government services sector where firm seeks new opportunities to put capital to work LOS ANGELE... Read more
Investment helped establish Platinum’s playbook in government services sector where firm seeks new opportunities t. Read more
January 27, 2022
Platinum Equity and Ball Corporation Complete Sale of Ball Metalpack to Sonoco for $1.35 Billion
LOS ANGELES and WESTMINSTER, Colo., January 27, 2022 — Platinum Equity announced today that the sale of Ball Metalpack to Sonoco (NYSE: SON) in a transaction valued at approximately $1.35 billion has been completed. Ball Metalpack, based in Broomfield, Colorado, manufactures sustainable steel containers for aerosol products, food, household consumables, pet food, nutritional and other products in the United States. It was formed as a joint vent... Read more
LOS ANGELES and WESTMINSTER, Colo., January 27, 2022 — Platinum Equity announced today that the sale of Ball Metalpack to Sonoco (NYSE: SON) in a tr... Read more
LOS ANGELES and WESTMINSTER, Colo., January 27, 2022 — Platinum Equity announced today that the sale of Ball Metalp. Read more
January 24, 2022
Platinum Equity to Acquire Leaders Romans Group
Acquisition of UK Property Services Business Adds to Global Buyout Firm’s Momentum in Europe LOS ANGELES (January 24, 2022) – Platinum Equity announced today the signing of a definitive agreement to acquire Leaders Romans Group (‘LRG’), one of the UK’s largest property services firms, from Bowmark Capital. Financial terms were not disclosed. LRG specializes in residential property lettings, sales and associated professional service... Read more
Acquisition of UK Property Services Business Adds to Global Buyout Firm’s Momentum in Europe LOS ANGELES (January 24, 2022) – Platinum Equity... Read more
Acquisition of UK Property Services Business Adds to Global Buyout Firm’s Momentum in Europe LOS ANGELES (Janu. Read more
January 24, 2022
Platinum Equity lands largest deals in firm history to highlight bustling 2021
Platinum produces landmark year featuring 17 deals valued at more than $1 billion each, with investments in familiar sectors, industry leaders and familiar brands1The distribution of vaccines and other medical advances brought hope, but COVID-19 still dominated global headlines throughout 2021. However, the M&A markets easily surpassed pre-pandemic levels and reached all-time highs.Under that backdrop, Platinum Equity delivered a landmark yea... Read more
Platinum produces landmark year featuring 17 deals valued at more than $1 billion each, with investments in familiar sectors, industry leaders and fam... Read more
Platinum produces landmark year featuring 17 deals valued at more than $1 billion each, with investments in familiar . Read more
