Associated tags: Telecommunications, Platinum, Transport, Platinum Equity, Financial services, Telecommunication
Locations: UNITED STATES, NORTH CAROLINA, CA, BOARDMAN, COOK, ARIZONA, NEW MEXICO, CALIFORNIA, MICHIGAN
LOS ANGELES, March 22, 2024 /PRNewswire/ -- Platinum Equity announced today a significant investment in TAK Communications, a national provider of communications and broadband infrastructure services. Financial terms were not disclosed.
Key Points:
- Firm to partner with TAK's current shareholders and management team, which will continue as equity partners in the business
LOS ANGELES, March 22, 2024 /PRNewswire/ -- Platinum Equity announced today a significant investment in TAK Communications, a national provider of communications and broadband infrastructure services.
- Headquartered in Sioux Falls, South Dakota, TAK provides fiber and broadband network services, last-mile connectivity and on-premises technology deployment solutions for the broadband and telecommunications industries.
- "TAK has built an impressive business with national scale that today provides full end-to-end capabilities across the network deployment value chain," said Platinum Equity Co-President Jacob Kotzubei.
- "The broadband communications services space is highly fragmented, and TAK has significant room to grow both organically and through additional acquisitions," said Platinum Equity Managing Director Dan Krasner.
LOS ANGELES, March 21, 2024 /PRNewswire/ -- Platinum Equity issued the following statement today regarding the matter of M.M.
Key Points:
- LOS ANGELES, March 21, 2024 /PRNewswire/ -- Platinum Equity issued the following statement today regarding the matter of M.M.
- v. King:
"The complaint against Platinum Equity and its executives is both misguided and misdirected.
- Platinum wholeheartedly supports efforts to reform business practices in the corrections services industry and has invested heavily in those efforts through its investment in Securus Technologies and its parent Aventiv Technologies.
- "Platinum believes that the company's telephone and video products provide an important connection between the incarcerated and their friends and families, but those products are not intended as a replacement for in-person visitation."
Retrieved on:
Thursday, February 29, 2024
WINSTON-SALEM, N.C., Feb. 29, 2024 /PRNewswire/ -- The Cook & Boardman Group LLC ("Cook & Boardman" or "C&B"), the leading specialty distributor of commercial entry solutions and systems integration services has announced the acquisition of Lanmor Services, Inc and Lanmor Services of Nevada, LLC. Terms of the transaction were not disclosed.
Key Points:
- WINSTON-SALEM, N.C., Feb. 29, 2024 /PRNewswire/ -- The Cook & Boardman Group LLC ("Cook & Boardman" or "C&B"), the leading specialty distributor of commercial entry solutions and systems integration services has announced the acquisition of Lanmor Services, Inc and Lanmor Services of Nevada, LLC.
- We are thrilled to welcome Kip and his team to the Cook & Boardman family of companies," said David Eisner, Chief Executive Officer of C&B."
- Adding our 20+ years of combined security integrator experience along with the synergies of the 2 businesses, Cook & Boardman will further as the nation's fastest growing providers of integrated security solutions."
- Platinum Equity acquired a majority interest in Cook & Boardman in 2023.
Retrieved on:
Thursday, February 1, 2024
The company serves the biotech, higher education, hospitality, healthcare and retail markets on the west coast.
Key Points:
- The company serves the biotech, higher education, hospitality, healthcare and retail markets on the west coast.
- "We are thrilled to welcome Discovery Door to the Cook & Boardman family of companies," said David Eisner, Chief Executive Officer of C&B.
- "Discovery has earned customers' respect and loyalty by providing quality products and best-in-class installation services," noted company founder, Kevin Wilsey.
- The company will continue to operate under the Discovery name and customer contacts will remain unchanged as a result of the acquisition.
Butter,
Platinum Equity,
Johnson & Johnson,
Horizon Organic,
Milk,
Meat,
Acquisition,
Organic milk,
Wallaby,
Alston & Bird,
Platinum,
Kohler Co.,
Organic,
Ball Corporation,
Morgan Lewis,
Emerson Electric,
Conagra Brands,
Cheese,
Food,
USDA,
Growth,
Yogurt,
Seafood,
Dairy LOS ANGELES, Jan. 1, 2024 /PRNewswire/ -- Platinum Equity today announced the signing of a definitive agreement to acquire Horizon Organic and Wallaby from Danone.
Key Points:
- LOS ANGELES, Jan. 1, 2024 /PRNewswire/ -- Platinum Equity today announced the signing of a definitive agreement to acquire Horizon Organic and Wallaby from Danone.
- The proposed acquisition also includes the Wallaby brand, an Australian-inspired Greek-style yogurt made with organic milk and premium ingredients.
- "Horizon Organic is an iconic name in dairy that is well recognized and beloved by consumers," said Platinum Equity Co-President Louis Samson.
- "Premium offerings, including organic and value-added products, are driving the growth in the dairy milk category," said Platinum Equity Managing Director Adam Cooper.
Medical Supplies,
Biotechnology,
Banking,
Technology,
Manufacturing,
Professional Services,
Health,
Other Technology,
Packaging,
Finance,
Chemicals,
Plastics,
Hygiene,
Non-executive director,
Platinum Equity,
Gibson Dunn,
Bain Capital,
Select or special committee (United States Congress),
Acquisition,
Platinum,
Wachtell, Lipton, Rosen & Katz,
Centerview Partners,
VWAP,
Goldman Sachs,
Committee,
Willkie Farr & Gallagher,
Kirkland & Ellis,
Water,
Special,
BofA Securities,
LLP,
Record,
Security (finance),
Solenis,
Diversey Solenis (“Solenis”) and Diversey Holdings, Ltd. (“Diversey” or the “Company”) (NASDAQ: DSEY) today announced they have entered into a definitive merger agreement under which Solenis will acquire Diversey in an all-cash transaction valued at an enterprise value of approximately $4.6 billion.
Key Points:
- Solenis (“Solenis”) and Diversey Holdings, Ltd. (“Diversey” or the “Company”) (NASDAQ: DSEY) today announced they have entered into a definitive merger agreement under which Solenis will acquire Diversey in an all-cash transaction valued at an enterprise value of approximately $4.6 billion.
- Headquartered in Wilmington, Delaware, Solenis is a leading manufacturer of specialty chemicals used in water-intensive industries, which was acquired by Platinum Equity in 2021.
- Diversey is a leading provider of hygiene, infection prevention and cleaning solutions based in Fort Mill, South Carolina.
- Bain Capital, which invested in Diversey in 2017 and subsequently took the Company public in 2021, is currently the largest shareholder of Diversey.
LOS ANGELES, March 2, 2023 /PRNewswire/ -- Platinum Equity announced today that veteran dealmakers Jacob Kotzubei and Louis Samson have been appointed co-presidents of the global investment firm.
Key Points:
- LOS ANGELES, March 2, 2023 /PRNewswire/ -- Platinum Equity announced today that veteran dealmakers Jacob Kotzubei and Louis Samson have been appointed co-presidents of the global investment firm.
- Mr. Kotzubei and Mr. Samson, each with more than 25 years of M&A experience, are currently partners and members of the firm's investment committee.
- Platinum Equity was ranked in the top 2% among 563 private equity firms globally in the 2022 HEC-Dow Jones Large Buyout Performance Ranking published on February 8, 2023 .
- "Our goal is to be one of the most consistent and successful private equity firms in the world," Mr. Gores said.
Retrieved on:
Monday, February 20, 2023
Acquisition,
Platinum Equity,
Temperature,
Growth,
Willkie Farr & Gallagher,
Kirkland & Ellis,
Platinum,
HWI,
LOS,
Renewable energy,
Management,
Financial services,
Calderys LOS ANGELES, Feb. 20, 2023 /PRNewswire/ -- Platinum Equity announced today that the previously announced acquisition of HarbisonWalker International (HWI) by way of a merger agreement, has been completed. HWI is a supplier of refractory products and services in North America.
Key Points:
- HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and expanded reach
LOS ANGELES, Feb. 20, 2023 /PRNewswire/ -- Platinum Equity announced today that the previously announced acquisition of HarbisonWalker International (HWI) by way of a merger agreement, has been completed.
- In January, Platinum Equity announced the closing of the acquisition of Imerys SA's High Temperature Solutions business, which is now operating under the Calderys brand going forward.
- Platinum Equity said it will seek additional opportunities to help the combined company grow.
- Kirkland & Ellis provided legal counsel to Platinum Equity on the acquisition of HWI and Willkie Farr provided financing counsel to Platinum Equity on the transaction.
BAM,
Strategic planning,
Interim,
U.S. Department of Commerce Office of Security,
Telecommunication,
U.S. Department of Defense Strategy for Operating in Cyberspace,
Mergers and acquisitions,
International relations,
KPMG,
CIO,
Energy policy of the Barack Obama administration,
DEI,
Commerce,
Princeton University,
Leadership,
Princeton School of Public and International Affairs,
Platinum Equity,
Uncertainty,
Minority Business Development Agency,
Enterprise software,
Pennsylvania Public School Employees' Retirement System,
Merrill (company),
Presidency of Barack Obama,
Private equity,
CEO,
Technology,
Growth,
Transport,
ESG,
AB,
Financial services,
Security (finance),
Platinum LOS ANGELES, May 9, 2022 /PRNewswire/ -- Platinum Equity announced today that Alex Do has joined the firm as a Managing Director responsible for global functions related to strategic planning, investor capital development and other firm leadership initiatives.
Key Points:
- LOS ANGELES, May 9, 2022 /PRNewswire/ -- Platinum Equity announced today that Alex Do has joined the firm as a Managing Director responsible for global functions related to strategic planning, investor capital development and other firm leadership initiatives.
- "We have known Alex for many years and have tremendous respect for him as an investor, advisor, leader and public servant," said Tom Gores, founder, chairman and CEO of Platinum Equity.
- "I couldn't be more excited to join Platinum Equity at this crucial period of both opportunity and uncertainty in the global markets.
- The firm is currently investing from Platinum Equity Capital Partners V , a $10 billion global buyout fund, and Platinum Equity Small Cap Fund , a $1.5 billion buyout fund focused on investment opportunities in the lower middle market.
Auctus,
SJ,
Leadership,
Stock,
Beauty,
Market capitalization,
S. "Sundi" Sundaresh,
CA,
COVID-19,
Acquisition,
National,
O'Melveny & Myers,
Marketing,
Telecommunication,
Platinum Equity,
State,
Platinum,
Technology,
Attitude,
R,
LR,
Health,
William Wells (general),
Transport,
PNC Financial Services,
Financial services,
Retail,
Renewable energy,
Distribution (marketing),
Bookkeeping,
Supermarket,
Region LOS ANGELES and BROOKLYN, N.Y., March 4, 2022 /PRNewswire/ -- 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.
Key Points:
- LOS ANGELES and BROOKLYN, N.Y., March 4, 2022 /PRNewswire/ --Platinum Equity portfolio company L&R Distributors announced today the acquisition of SJ Creations ("SJ") from the company's founders.
- SJ Creations founders Sundi and Rich Yousko will remain involved with the business going forward.
- L&R CEO Marc Bodner said SJ Creations is a great fit for L&R.
- The SJ Creations acquisition represents the 12th buy-side transaction Platinum Equity's Small Cap team has completed in the last twelve months.
