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Press Releases • December 18, 2017

Platinum Equity to Acquire Husky Injection Molding Systems

LOS ANGELES (Dec. 18, 2017) – Platinum Equity announced today that it has signed a definitive agreement to acquire Husky Injection Molding Systems from Berkshire Partners and OMERS Private Equity for $3.85 billion. The transaction is subject to regulatory approval and is expected to close in the second quarter of 2018. “This is another marquee investment that demonstrates how Platinum’s differentiated approach continues to scale,” said Platinum Equity CEO Tom Gores. “We have the capacity and the resources necessary to handle transactions of any size and complexity anywhere in the ...

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Press Releases • December 08, 2017

Platinum Equity Sells Keen Transport to Wallenius Wilhemsen Logistics

Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS ANGELES (Dec. 8, 2017) –Platinum Equity today announced it has sold Keen Transport to Wallenius Wilhelmsen Logistics ASA (WWL).  Financial terms of the transaction were not disclosed. Keen Transport is a national provider of heavy-haul logistics and transportation services for the construction, mining and agriculture equipment markets. WWL, based in Oslo, Norway, is a global logistics operator serving the manufacturing industry with special focus on vehicles, mining and co...

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Press Releases • October 31, 2017

Platinum Equity Completes Acquisition of Pattonair

Acquisition of UK-based aerospace and defense business expands Platinum Equity’s European portfolio and underscores continued commitment to investing in the region LONDON (October 31, 2017) –Platinum Equity today announced it has completed its acquisition of global aerospace and defense supply chain provider Pattonair from Exponent Private Equity.  Financial terms of the transaction were not disclosed. Headquartered in Derby, UK, Pattonair is a leading global supply chain provider boasting a 40-year legacy of excellence and innovation in the sector. The company supports blue chip en...

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Press Releases • October 26, 2017

Platinum Equity Completes Sale of NILCO to U.S. LUMBER

Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS ANGELES (Oct. 26, 2017) – Platinum Equity today announced it has completed the sale of NILCO to U.S. LUMBER GROUP.  Financial terms of the transaction were not disclosed. NILCO, headquartered in Hartville, Ohio, is a wholesale distributor of specialty building materials and industrial products in the Midwestern and Northeastern United States. U.S. LUMBER, based in Atlanta, is a distributor of specialty building products in the Southern and Eastern United States.  During Plat...

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Press Releases • September 17, 2017

Platinum Equity to Sell NILCO to U.S. LUMBER

Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS ANGELES (Sept. 17, 2017) –Platinum Equity today announced it has signed a definitive agreement to sell NILCO to U.S. LUMBER GROUP.  Financial terms of the transaction were not disclosed. The sale is expected to close during the fourth quarter, subject to regulatory approval and certain closing conditions. NILCO, headquartered in Hartville, Ohio, is a wholesale distributor of specialty building materials and industrial products in the Midwestern and Northeastern United St...

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Press Releases • August 28, 2017

Platinum Equity Completes Acquisition of United Site Services

LOS ANGELES (August 28, 2017) –Platinum Equity today announced it has completed the acquisition of United Site Services (USS).  Financial terms of the transaction were not disclosed. United Site Services, based in Westborough, Mass., is a leading provider of portable restrooms, temporary fence and related site services. The company serves customers throughout the United States through a network of more than 80 locations and the largest fleet of portable sanitation equipment in the country. United Site Services has completed a number of acquisitions over the past several years and its ...

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