McGraw Hill Acquires Essaypop, Strengthening its Portfolio of Digital Literacy Tools
Interactive, Research-based Writing Solution Will Enhance McGraw Hill’s Personalized Learning Capabilities for K-12 ...
Press Releases • September 01, 2010
Firms Form Joint Venture That Will Operate CD-DVD-Game Distributor as a Standalone Business LOS ANGELES, CA (September 1, 2010) – Platinum Equity and The Gores Group today announced that they have acquired Alliance Entertainment from Source Interlink Companies, Inc. Financial terms of the transaction were not disclosed. Alliance Entertainment is the largest wholesale distributor of CD, DVD and videogame titles in the United States, providing distribution, fulfillment and other services to such retailers as Barnes & Noble, Borders, Amazon.com, Target.com and BestBuy.com. “The...
Read morePress Releases • September 01, 2010
Creates New Communications Powerhouse, Offering a Full Range of Nationwide IP Voice, Security, VPN and Internet Services SAN JOSE, Calif.– (BUSINESS WIRE)--MegaPath, Covad and Speakeasy today announced regulatory approval and the completion of their merger, creating a next generation Managed Services Local Exchange Carrier (MSLEC). The new company will have relationships with more than 85,000 business customers and over 4,500 partners throughout North America. The combined company will be called MegaPath and will operate one of the largest end-to-end facilities-based IP communications n...
Read morePress Releases • August 18, 2010
Boat builder hosts dealers at Open House event in new facility Cadillac, Michigan, August 18, 2010 – Rec Boat Holdings announces the launch of its 2011 model year line up for Glastron Boats, with an Open House event conducted at the new manufacturing facility in Cadillac, Michigan. Dealers from all over North America and International markets attended the series of business meetings with opportunities to meet with the new management team, new plant familiarization tours and introductions to new sales and marketing programs. Along with the transition of production to the new Cadillac, M...
Read morePress Releases • August 03, 2010
DALLAS – August 3, 2010 - Matrix Telecom Inc. ("Matrix"), a Platinum Equity company and provider of voice and data services to small and medium enterprise and residential customers across the United States, today announced it has completed the acquisition of substantially all the customer relationships and assets of Irving-based Comtel Telcom Assets LP, operating as Excel Telecommunications ("Excel") from Denham Capital. Financial terms of the transaction were not disclosed. "We are committed to making Matrix the highest-quality, most affordable choice for wholesale voice services in t...
Read morePress Releases • August 03, 2010
LOS ANGELES, CA--(Marketwire - August 3, 2010) - Platinum Equity today announced that Acument Global Technologies has completed the sale of Acument's Avdel and Global Electronics & Commercial (GEC) business units to Asia Trading Company Limited, a company owned indirectly by funds advised by CVC Asia Pacific and Standard Chartered Private Equity Limited (SCPEL). Terms of the divestiture were not disclosed. Avdel manufactures and markets blind fasteners (rivets) for customers around the world. Avdel is based in London with operations, sales and distribution capabilities in the UK, US, C...
Read morePress Releases • July 29, 2010
FLIPPIN, Ark. (July 29, 2010) – Fishing Holdings, LLC, a premier manufacturer and marketer of fiberglass fishing boats owned by an affiliate of Platinum Equity, announces its acquisition of Triton Boats from Brunswick Corporation. Terms of the transaction are not disclosed.Triton founder Earl Bentz will join Fishing Holdings and resume his role at the helm of Triton Boats. Additionally, several key members of Triton's executive management and sales representative group will remain on board the Triton team and will continue to lead the brand from their Tennessee office."This move cr...
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