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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August 26, 2011
Detroit Pistons and PNC Bank Renovate Preschool Exhibit at Detroit Children's Museum
The Detroit Pistons and presenting sponsor PNC Bank cut the ribbon on a newly renovated preschool area inside the Detroit Children's Museum. The back-to-school themed event featured Pistons ambassadors, mascot Hooper, and voice of the Pistons George Biaha. Youth at the event also received back-to-school packages from the Pistons and PNC Bank. "The educational and interactive activities enhance the museum space," commented Dennis Sampier, vice president of community relations for the Detroit Pistons. "We look forward to the general public enjoying the newly renovated area." PNC Regional P...
Read moreAugust 10, 2011
Four Winns Debuts 2012 Product Line
North American and international boat dealers and distributor retailers got their first look at the new 2012 Four Winns line this week at the Four Winns dealer conference. The company's segment-redefining 20-foot-and-above models headlined the event, four brand-new models were presented, and many models across the line saw refinements. "We are aggressively attacking the recreational segment in order to bring a distinctive level of separation between Four Winns and our competitors," said Roch Lambert, Group President of Rec Boat Holdings, a subsidiary of PBH Marine Group of which Four Winns ...
Read morePress Releases • August 10, 2011
Platinum Equity Announces Pending Sale of AEES to PKC Group
The PKC Group today signed an agreement for the purchase of AEES companies from Platinum Equity. AEES is one of the leading North American wiring harness manufacturers for heavy- and medium-duty trucks and it also has a significant position in light vehicle wiring harnesses. In addition, AEES provides components and wires to other contract manufacturers. AEES' customers include most major auto and truck makers and has operations in USA, Mexico, Brazil, and Ireland. In June of 2011, AEES employed 13,800 people worldwide. During the past years, AEES and Platinum Equity successfully implemente...
Read morePress Releases • August 09, 2011
Platinum Equity Acquires Quark
Los Angeles, CA and Denver, CO – Platinum Equity announced today that it has acquired Quark, a provider of publishing software for professional designers and enterprise organizations. "Quark is a legendary brand that helped create the desktop publishing market and is now helping organizations transform how they publish content both to print and digital media," said Brian Wall, partner at Platinum who led the team pursuing the acquisition. "Quark is committed to its loyal and dedicated user base and we are enthusiastic about the company's new products which are gaining traction and generat...
Read morePress Releases • August 03, 2011
Schutt Sports Named Official Helmet for Lone Star Conference Softball
In a multi-year agreement, Schutt Sports has been named the official helmet of softball's NCAA Division II Lone Star Conference. “The Lone Star Conference schools are right in the middle of softball country,” said Dianne Baker, national promotions manager for Schutt Sports. “This deal gives us great exposure in some key markets and puts our best equipment on some of the best players in the country.” Through the agreement, Schutt will showcase its new AiR Maxx T softball batter's helmet. The helmet is engineered using Schutt's TPU cushioning technology, the same technology Schutt ...
Read morePress Releases • August 01, 2011
Platinum Equity Company American Commercial Lines Announces New Leadership
Jeffersonville, IN – One of the largest and most diversified inland marine transportation companies in the United States and a Platinum Equity company, American Commercial Lines (ACL), announced today the new leadership of Mark Knoy as President and Chief Executive Officer and David Huls as Senior Vice President and Chief Financial Officer. Mark Knoy, a veteran to the industry after spending seventeen years with AEP River Operations, LLC, a subsidiary of American Electric Power Co., Inc, will continue within the same industry. Under Knoy’s leadership, AEP River Operations grew to become...
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