Why Platinum Equity Acquired ‘Proud’ Family-Owned Italian Pesto Sauce Producer Polli
In 1872, Fausto Polli opened a small store front selling canned vegetables in the heart of Milan. Since that humble b...
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August 10, 2020
CEO: How public-private partnerships are ‘essential’ in the transformation of Aventiv/Securus
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Read moreAugust 06, 2020
With B-hyve tech and Platinum Equity support, Orbit is ‘changing the way the world waters’
In April, the New York Times published a product review of 13 different smart sprinkler controllers, timely information with the country seeing a surge in do-it-yourself projects related to stay-at-home orders because of the COVID-19 pandemic. The controllers are designed to help customers from underground irrigation systems by monitoring local weather and soil conditions, improving landscapes and conserving water. The Times gave the B-hyve smart indoor sprinkler controller top honors when it comes to value. “(It) is the least expensive smart controller you can buy and yet offers ma...
Read moreJuly 24, 2020
Securus Technologies Debuts the JP6S, the Most Evolved Tablet Constructed to Improve the Wellbeing of Incarcerated Individuals
DALLAS, July 22, 2020 /PRNewswire/ -- Securus Technologies today unveiled the company's next generation tablet for use in correctional facilities, the JP6S. The JP6S is the industry's most evolved tablet specifically constructed to improve quality of life for incarcerated individuals and the device will be available beginning this month as an upgrade option for the more than 300,000 incarcerated individuals who currently access the industry-leading JP5 and SecureView devices. As the pioneers of tablet technology, the Securus organization introduced the first corrections-grade tablet...
Read moreJuly 24, 2020
Aventiv Technologies Transformation Advancing With New Additions To Leadership Team
Company Has Now Added New Members to Senior Leadership Team From Outside Traditional Corrections Sector Aventiv Technologies continues to deliver on its promise to transform the company by bringing in individuals from outside of the traditional corrections space to broaden and diversify the perspective of its corporate leadership team. Over the past year, the company has hired seven new individuals to its executive team in addition to new president and CEO Dave Abel. The new leadership brings expertise in the consumer products, technology, financial services and education sectors and will a...
Read morePress Releases • July 01, 2020
Platinum Equity Acquires L&R Distributors
Transaction represents the firm’s third Small Cap acquisition in the last four months LOS ANGELES (July 1, 2020) – Platinum Equity today announced the acquisition of L&R Distributors from affiliates of the company’s founders. Financial terms were not disclosed. Headquartered in Brooklyn, New York, L&R is a growing wholesale distributor of consumer products servicing more than 17,000 retail locations throughout the United States. L&R specializes in large SKU-count categories such as cosmetics, hair care products, stationary, office supplies and toys, and operates three d...
Read morePress Releases • July 01, 2020
Platinum Equity Expands Entertainment Portfolio with Acquisition of Deluxe Entertainment's Distribution Business
Firm recruits former CEO Cyril Drabinsky to return and lead business at a pivotal time for an industry disrupted by coronavirus crisis LOS ANGELES (July 1, 2020) – Platinum Equity today announced the acquisition of Deluxe Entertainment Services Inc.’s distribution business (“Deluxe”). Financial terms were not disclosed. Deluxe Entertainment’s creative businesses are not included in the acquisition. Former Deluxe CEO Cyril Drabinsky, who left the company in 2016 to found CineVizion, is returning to lead the business as CEO under Platinum Equity’s ownership. As part of the tra...
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