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Press Releases • March 23, 2012

DoubleTree by Hilton Carson in South Bay of Los Angeles Celebrates Completion of Multi-Million-Dollar, Hotel-Wide Transformation

Carson, CA - The DoubleTree by Hilton Carson, located at the crossroads of the South Bay in greater Los Angeles, has completed a multi-million hotel transformation project, which includes comprehensive upgrades throughout the hotel's guest rooms, public areas, function space and dining outlets. Centrally located within a 25-minute drive of downtown Los Angeles and Long Beach, the hotel is a proud sponsor of the Home Depot Center Sports and Entertainment Complex (home of the LA Galaxy and U.S. National Soccer Team), which is located less than two miles from the hotel. "The comprehensive make...

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Press Releases • March 01, 2012

Platinum Equity Completes Acquisition of DMS Health Technologies

Los Angeles, CA – Platinum Equity announced today that it has completed the acquisition of DMS Health Technologies from Otter Tail Corporation. Platinum did not disclose terms of the agreement. "We are excited about the potential for DMS Health Technologies and look forward to helping the company evolve and continue to thrive under Platinum's ownership," said Brian Wall, the partner at Platinum Equity whose team is leading the DMS acquisition. DMS Health Technologies provides mobile, interim, and fixed-site diagnostic imaging solutions to hospitals, clinics, and other medical providers...

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Press Releases • February 24, 2012

Platinum Equity Company Ryerson Expands into South America

Chicago, IL – Ryerson Inc., a leading distributor and processor of metals in North America and China, announced today that it has expanded into South America for the first time by acquiring a 50% stake in Açofran Aços e Metais LTDA (“Açofran”), a steel service center based in São Paulo, Brazil. Financial terms of the transaction were not disclosed. “We continue exploring ways to expand our global footprint and diversify our portfolio,” said Ryerson President and CEO Mike Arnold.  “Brazil is a large and growing market and this investment provides Ryerson an important foothol...

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Press Releases • February 23, 2012

Platinum Equity Company Data2Logistics Global Expansion Increases in Europe

Fort Myers, FL – Global freight bill advisor and processor Data2Logistics announces additional representation in Europe as a component of the company's further global expansion, increasing the company's continental footprint. Included in Data2Logistics's European expansion are Jos van der Meulen and Johan Kool as Business Development Managers in the Benelux region, Reinhold Säckl as Country Manager in Germany and Peter Hodgson as Country Manager in the UK. Each will be presenting Data2Logistics' transportation cost-savings portfolio of freight bill auditing, processing payment, and advisory...

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Press Releases • February 07, 2012

Platinum Equity Company Truesense Imaging Announces Company Name as an Independent Operation

Rochester, NY – Truesense™ Imaging, a leading provider of high-performance image sensors for commercial, industrial, and professional imaging applications, today formally announced its new corporate identity. Formerly the Image Sensor Solutions (ISS) division of Eastman Kodak Company, Truesense Imaging was acquired by Platinum Equity through a transaction with Kodak that closed on November 7, 2011 and Truesense is now operating as an independent company. Truesense Imaging, as part of the Platinum Equity portfolio, will continue to provide the industry's broadest range of image sensor devic...

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Press Releases • February 06, 2012

Platinum Equity to Acquire DMS Health Care Technologies

Los Angeles, CA – Platinum Equity announced today that it has signed a definitive agreement to acquire DMS Health Technologies from Otter Tail Corporation. Platinum did not disclose terms of the agreement. The transaction is subject to regulatory approval and certain closing conditions. “DMS Health Technologies has a great reputation and we share the company’s commitment to the highest levels of customer service,” said Brian Wall, the partner at Platinum Equity whose team is leading the DMS acquisition. “We look forward to working with the company’s highly-qualified employees, v...

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