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 ...
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November 01, 2009
Platinum Equity Portfolio Company San Diego Union-Tribune Gets Sunny New Look
The San Diego Union-Tribune gave its 14-year-old web site, www.signonsandiego.com a makeover that included a new design, improved navigation, and compelling new content from a wide range of partners. The upgrades were the first steps in a transformation that included local bloggers and other community-driven content. By combining the power of local news with easy online access, the Union-Tribune transcended its role as a news source and became a lifestyle choice and desired online destination for the San Diego community. The paper estimates that 2.6 million unique users visit its site each ...
Read moreOctober 30, 2009
Platinum Equity Portfolio Company San Diego Union-Tribune Partners With KGTV/Channel 10
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Read morePress Releases • September 25, 2009
Pomeroy IT Solutions, Inc. Announces Agreement to be Acquired by Platinum Equity for $6.50 Per Share
HEBRON, KY September 25 -- Pomeroy IT Solutions, Inc. (Nasdaq: PMRY), an information technology ("IT") solutions provider (the "Company"), announced today that it has entered into a definitive merger agreement to be acquired by affiliates of private equity firm Platinum Equity, LLC. Under the terms of the merger agreement, Platinum Equity, through its affiliates, will acquire all of the outstanding common stock of the Company for $6.50 per share. The Company also announced that, immediately prior to entering into the merger agreement with Platinum Equity's affiliates, the Company terminated...
Read morePress Releases • July 01, 2009
Platinum Equity Acquires Geesinknorba from Oshkosh Corporation
LOS ANGELES, CA (July 1, 2009) – Platinum Equity today announced it has completed the acquisition of The Geesink Norba Group from Oshkosh Corporation (NYSE:OSK). The company, which has recently been rebranded GEESINKNORBA, is based in Emmeloord, The Netherlands, and is a leading European manufacturer of refuse collection vehicles (RCVs). “GEESINKNORBA is an established business with talented employees and long-standing relationships with valued customers,” said Tom Gores, Platinum Equity Chairman and CEO. “The company has an extraordinary opportunity to thrive as an independent busi...
Read moreJune 25, 2009
Platinum Equity Portfolio Company Maxim Acquires Barnhart Crane and Rigging Assets
Amid calls by industry and government for more infrastructure projects, Platinum portfolio company Maxim Crane Works LP purchased the assets of Barnhart Crane and Rigging. Maxim specializes in the rental and sales of lift equipment including hydraulic truck cranes, rough terrain cranes, crawler cranes, tower cranes, conventional truck cranes, and boom trucks. The acquisition added to Maxim’s expansion of its fleet of 230- to 300-ton sized crawlers. It also represented Maxim’s increased leadership role in a consolidating industry. Platinum acquired Maxim in July 2008 in a public-to-pr...
Read moreJune 16, 2009
Platinum Equity Buys Wire Harness Business From Alcoa
Platinum bought Alcoa’s wire harness and electrical distribution business in June 2009; Alcoa put the division up for sale in January 2009. The business was the largest component of Alcoa’s electrical and electronic solutions division, with over 17,000 employees and a presence in 13 countries across the globe. Platinum bought Alcoa’s wire harness and electrical distribution business in June 2009; Alcoa put the division up for sale in January 2009. Full story at altassets.com......
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