Platinum Equity and Butterfly to Acquire Rise Baking Company
Leading operational private equity firms partner to accelerate Rise’s next chapter of growth LOS ANGELES, CA – Sept...
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Press Releases • September 03, 2015
The Citizen Hotel Joins Autograph Collection Hotels™ Global Portfolio
Sacramento, California (PRWEB)September 03, 2015 The Citizen hotel in Sacramento, California, which was recently acquired by Platinum Equity, is the latest addition to Autograph Collection Hotels, Marriott International’s exclusive portfolio of properties recognized for celebrating individuality. “Our goal is to give guests of the Citizen an upscale luxury experience with a location convenient to all that downtown Sacramento has to offer,” said Michael George, President and CEO of Crescent Hotels & Resorts. “The partnership with Autograph Collection has positioned us to prese...
Read morePress Releases • June 01, 2015
Platinum Equity Completes Sale of Bridge Terminal Transport Services
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS ANGELES (June 1, 2015) – Platinum Equity announced today the sale of Bridge Terminal Transportation Services (BTT) to XPO Logistics, Inc. (NYSE: XPO) has been completed. Financial terms of the transaction were not disclosed. BTT is a leading marine drayage provider with a network of 28 terminals and 27 container yards throughout the contiguous United States. “Our stewardship of BTT demonstrates the value of Platinum Equity’s operationally-focused approach and our co...
Read morePress Releases • May 22, 2015
Maxim Crane Works Acquires Crane Rental Corporation
Pittsburgh, PA -- May 22, 2015 -- Maxim Crane Works announced today it has acquired Orlando, Fla.-based Crane Rental Corporation, a provider of heavy hauling, specialized rigging and crane services in the Southeast United States. Financial terms of the transaction were not disclosed. CRC provides operated and bare crane, rigging and lifting services from three locations in Florida and one in Alabama. The company's fleet includes primarily Crawler, Rough Terrain, All Terrain, fleet platform trailers, dual lane trailers, hydraulic gantry's, Tower and Truck Operated crane equipment. Maxim C...
Read morePress Releases • May 21, 2015
Chevrolet Detroit Belle Isle Grand Prix Partners With Tom Gores and Platinum Equity to Light Up MacArthur Bridge and Scott Fountain Lagoon
Belle Isle Bridge Lighting Powered by Platinum Equity from Platinum Equity on Vimeo. Installation of All New LED Lights Improves Visibility and Safety on Belle Isle Detroit – (May 21, 2015) – The Chevrolet Detroit Belle Isle Grand Prix today announced that thanks to a $50,000 donation from Tom Gores and Platinum Equity, all of the broken and aging lights and fixtures lining the MacArthur Bridge have been replaced with high-efficiency LED technology, improving visibility and safety for visitors to the island. The lights surrounding the lagoon near Scott Fountain are all being replaced a...
Read moreMay 15, 2015
Platinum Equity CFO Mary Ann Sigler Tells 2015 USC Accounting Graduates: “Be Creative, Be Relevant, Be Ethical”
Los Angeles – (May 15, 2015) – Platinum Equity CFO and CCO Mary Ann Sigler today delivered the commencement address at the University of Southern California’s Leventhal School of Accounting graduation ceremony. Ms. Sigler, who earned a Master’s degree in Business Taxation from USC in 1980, talked about what she has learned over her 35-year career in public accounting and private equity and offered some advice to the 2015 graduating class. She implored the approximately 400 students to be creative, be relevant, and above all else, be ethical. Excerpts from Ms. Sigler’s address...
Read morePress Releases • May 15, 2015
Maxim Crane Works Acquires Indianapolis-Based Poindexter Crane Services
Transaction Strengthens Maxim's Midwestern Presence as Company Pursues Growth in Market Ripe with Add-On Opportunities PITTSBURGH--May 15, 2015 - Maxim Crane Works announced today it has acquired Indianapolis, Ind.-based Poindexter Transportation, Inc.'s crane services division. Financial terms of the transaction were not disclosed. Maxim CEO Bryan Carlisle said the acquisition is a strategic move designed to expand Maxim's existing Indiana operations and facilitate continued growth in the region. "Acquiring Poindexter's crane services division will help further strengthen our foothol...
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