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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Press Releases • November 07, 2018
Platinum Equity to Acquire Jostens from Newell Brands
LOS ANGELES (Nov. 7, 2018) – Platinum Equity today announced it has signed a definitive agreement to acquire Jostens from Newell Brands in a transaction valued at approximately $1.3 billion. The acquisition is expected to be completed in the fourth quarter, subject to customary closing conditions, including regulatory approval. Jostens, based in Minneapolis, MN, is a trusted partner in the academic and achievement channel, providing products, programs and services that help its customers celebrate important moments. The company's products comprise yearbooks, publications, jewelry and cons...
Read morePress Releases • November 02, 2018
Interior Logic Group Completes Acquisition of Coleman Floor Company
IRVINE, CA November 2, 2018 – Interior Logic Group, Inc. (“ILG”) announced today the acquisition of Coleman Floor Company (“Coleman”), a design center services and flooring installation business, from BMC Stock Holdings, Inc. (NASDAQ:BMCH) effective November 1st. The acquisition increases ILG’s scale in the Mid-Atlantic and the Carolinas and demonstrates ILG’s investment of time, energy and resources to serve the homebuilder community in the region. Financial terms were not disclosed. Coleman offers flooring product and installation services to homebuilder customers, primarily...
Read morePress Releases • November 01, 2018
Lonza Further Strengthens Focus on Its Healthcare Continuum Strategy by Signing Agreement to Divest Water Care Business to Platinum Equity
Basel (CH) and Los Angeles, California (USA), Nov. 1 -- Lonza and Platinum Equity jointly announced today that Platinum Equity has entered into a definitive agreement with Lonza to acquire Lonza's Water Care business and operations for USD 630 million. The inclusion of the French business in this transaction is still under discussion. With headquarters in Alpharetta, GA (USA), Water Care has six manufacturing facilities in key regions, including North America, South America, EMEA and South Africa, with sales locations in all regions globally and with approximately 1,200 employees. The busin...
Read morePress Releases • October 31, 2018
United Rentals Completes Acquisition of BlueLine and Updates Guidance to Reflect the Combination
STAMFORD, CONN (October 31, 2018) – United Rentals, Inc. (NYSE: URI) today announced that it has completed its previously announced acquisition of BlueLine from Platinum Equity for a total purchase price of approximately $2.1 billion in cash.(1) The company used a combination of newly issued debt and bank borrowings to fund the transaction and related expenses. The acquisition expands United Rentals' equipment rental capacity in many of the largest metropolitan areas in North America, including both U.S. coasts, the Gulf South and Ontario. The company gains a well-diversified customer ba...
Read morePress Releases • October 22, 2018
PLI Card Marketing Acquires Harvard Card Systems
Transaction marks company’s first add-on since Platinum Equity acquired PLI four months ago Backed by Platinum Equity Small Cap Fund, PLI’s growth through acquisition expected to continue LAS VEGAS (Oct. 22, 2018) – Platinum Equity portfolio company PLI Card Marketing Solutions announced today that it has acquired Harvard Card Systems, a leader in the card printing and gift card manufacturing industry. Terms of the transaction were not disclosed. Founded in 1996 and headquartered in City of Industry, CA, Harvard produces a broad range of plastic card products for more than 2,500 ...
Read morePress Releases • October 16, 2018
Platinum Equity Agrees to Sell Exterion Media
Proposed Sale Adds to Global Buyout Firm’s European Momentum LOS ANGELES (Oct. 16, 2018) – Platinum Equity today announced it has signed a definitive agreement to sell Exterion Media to British media and entertainment group Global. The deal is expected to close in Q1 2019 subject to regulatory approval and certain customary closing conditions. Terms of the transaction were not disclosed. Exterion Media is a leading European out-of-home media company that was created when Platinum Equity acquired the assets of CBS Outdoor International in 2013. The business provides both traditional a...
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