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Platinum Equity Completes Acquisition of Covad Communications Group, Inc.

LOS ANGELES and SAN JOSE, CA (April 15, 2008) – Platinum Equity announced today it has completed the acquisition of Covad Communications Group, Inc., a leading national provider of integrated voice and data communications. The total value of the transaction is approximately $470 million. The acquisition was a public-to-private transaction in which an affiliate of […]

Thomas W. Ehardt Appointed CEO of Advogent Group

PISCATAWAY, NJ (January 30, 2008) – Thomas W. Ehardt, a senior executive with more than 25 years experience leading healthcare marketing and education businesses, has been named Chief Executive Officer of the Advogent Group. Advogent, a Platinum Equity company, provides communications and educational solutions to the pharmaceutical, biotechnology and medical device industries, including publication planning, […]

Platinum Equity Completes Acquisition of Ryerson Inc.

Takes Company Private in Transaction Valued at Approximately $2 Billion LOS ANGELES (October 19, 2007) – Platinum Equity announced today that it has completed the acquisition of Ryerson Inc., one of the largest metal service centers in North America with annual revenue of approximately $6 billion. The acquisition was a public-to-private transaction in which Platinum […]

Ryerson to be Acquired by Platinum Equity for $34.50 Per Share in Cash

Chicago, IL, July 24, 2007 –Ryerson Inc. (NYSE: RYI) today announced that it has entered into a definitive merger agreement to be acquired by Platinum Equity, a leading private equity firm, in a transaction valued at approximately $2.0 billion. Under the terms of the agreement, an affiliate of Platinum Equity will acquire all of the […]

Court Square Capital Partners Agrees to Acquire CompuCom Systems

Transaction Valued at Approximately $628 Million DALLAS, Texas, July 9, 2007 – CompuCom Systems, Inc. (“CompuCom”) announced today that CHR Holding Corporation, an affiliate of Platinum Equity and parent company of CompuCom Systems, Inc., has entered into a definitive agreement pursuant to which IIM Acquisition Corp., an affiliate of Court Square Capital Partners (“Court Square”), […]

Platinum Equity Completes Weyerhaeuser Acquisition and Relaunches Business as Broadleaf Logistics Co

Platinum Equity Completes Weyerhaeuser Acquisition and Relaunches Business as Broadleaf Logistics Co LOS ANGELES (June 5, 2007) – Platinum Equity announced today that it has completed the acquisition of Weyerhaeuser Company’s wholesale products distribution centers in Canada and established the distribution business as a standalone company named Broadleaf Logistics Company. In conjunction with the acquisition, […]

Platinum Equity Completes Acquisition of Strategic Distribution, Inc.

LOS ANGELES–(BUSINESS WIRE)–Platinum Equity announced today that it has completed the acquisition of Strategic Distribution, Inc., which provides supply chain management solutions for industrial and institutional customers in the United States, Canada, and Mexico. The acquisition is a public-to-private transaction and Strategic Distribution Inc. has been delisted from the NASDAQ exchange, with each share of […]

Weyerhaeuser to Sell Canadian and Certain U.S. Building Materials Distribution Assets

FEDERAL WAY, Wash. (February 16, 2007) – Weyerhaeuser Company (NYSE: WY) today reaffirmed its commitment to sharpen the focus of its portfolio by announcing its intent to sell its Canadian and select U.S. building materials distribution centers. “The sale of these distribution centers is part of our ongoing effort to sharpen the focus of our […]

Delphi Selects Platinum Equity as Lead Bidder in Sale of Steering and Halfshaft Business

TROY, Mich. – Delphi Corporation (PINKSHEETS: DPHIQ) announced today that it is working to finalize a Master Sale and Purchase Agreement with Platinum Equity regarding the sale of Delphi’s global steering and halfshaft business. Delphi announced in March 2006 that, while it recognized the steering business as strategic, it intended to explore a sale of […]