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 • March 12, 2011
Platinum Equity Company Turf Care Supply Corporation to be Featured on Upcoming Episode of American Farmer
Brunswick, OH -- Turf Care Supply Corporation, one of the nation's largest providers of agronomic services and blended products to the professional turf, ornamental, and grass seed industries, announced today that they will be featured in an upcoming episode of American Farmer. The episode will focus on granular and liquid fertilizers, as well as granular control products, including insecticides, pre-emergent herbicides, post-emergent herbicides and fungicides. These products play a major role in crop production and crop protection, from the fields to our plates. Broadcast is scheduled for ...
Read morePress Releases • March 11, 2011
Platinum Equity Company Alliance Entertainment Acquires Edge Entertainment Distribution
Coral Springs, FL – Platinum Equity and The Gores Group announced today that Alliance Entertainment has acquired EDGE Entertainment Distribution, a wholesale distributor of pre-recorded music and movie titles, related accessories and other products. EDGE primarily serves independent music retailers, public libraries and college book stores. Financial terms of the EDGE acquisition were not disclosed. EDGE provides one-stop access to more than 140,000 titles of compact discs, DVD and Blu-Ray movies, and other entertainment-related accessory products. Alliance was acquired by a joint ...
Read morePress Releases • March 07, 2011
American Commercial Lines Awarded Membership in the Louisiana Environmental Leadership Program
JEFFERSONVILLE, IN – American Commercial Lines Inc. announced today that it has been awarded membership in the Louisiana Environmental Leadership Program (ELP). Membership in the voluntary program, led by the Louisiana Department of Environmental Quality, is awarded to businesses, federal entities, municipalities, and academic and community organizations based upon commitment to the program's core principles and submission of pollution prevention and waste reduction goals to improve and preserve Louisiana's environment. Progress in achieving these goals is tracked annually, and membership ...
Read morePress Releases • March 05, 2011
San Diego Union-Tribune: Mission Valley Makeover
SD Metro Magazine features The San Diego Union-Tribune on its March, 2011 cover, highlighting the venerable newspaper's new life since being acquired by Platinum Equity. Citing the tough challenges faced by the Union-Tribune and Platinum since the acquisition, SD Metro reports publisher Ed Moss and editor Jeff Light appear to have no doubts about the Union-Tribune being back on the right track. Quoted in SD Metro, Ed Moss says, "We tell [new recruits] that you can come in here and you can really build your own dynamics and help us build a new model for the newspaper industry. We can do it q...
Read morePress Releases • March 01, 2011
Platinum Equity Acquires Nampak Cartons and Healthcare Packaging Business in Europe
Los Angeles, CA —Platinum Equity announced today that it has completed the acquisition of Nampak Cartons and Nampak Healthcare from South Africa-based Nampak Limited [JSE:NPK]. Nampak Cartons produces cartons for the food and beverage sectors from two sites in the United Kingdom and one in Holland. Nampak Healthcare manufactures cartons, leaflets, labels, and blister pack foils for the pharmaceutical industry from 11 sites across Europe. “These are sound businesses with great people and a lot of potential,” said Brian Wall, partner at Platinum who led the team pursuing the acquis...
Read moreFebruary 22, 2011
Schutt Sports: Business Booming for Once-Troubled Company
Since being acquired by Platinum Equity, business at Schutt Sports is booming. Acquired by Platinum Equity out of a lengthy and troubling bankruptcy, the re-energized company is refocused on its core businesses of manufacturing and reconditioning sports safety equipment, including football helmets. Emerging from the uncertainty of bankruptcy, the Schutt Sports helmet reconditioning facility recently signed a multi-year lease and is creating new jobs in Palmer Township, Pennsylvania, as recently reported by WFMZ-TV. Schutt Sports reconditions over 300,000 helmets at its 72,000 square foot...
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