Jostens Announces $640 Million Dividend Recap
Koch Equity Development invests $450 million, will own minority stake in the business LOS ANGELES (November 12, 2024)...
Press Releases • January 03, 2006
Transaction Includes Long-term Carrier Services Agreement LOS ANGELES (January 3, 2006) – Platinum Equity announced today that its portfolio company Matrix Telecom, Inc. has completed the acquisition of Global Crossing’s Small Business Group (SBG), which provides voice and data products to small- and medium-sized enterprise customers in the United States. In addition, Global Crossing and Matrix announced they have executed a long-term carrier services agreement under which Global Crossing will provide a full suite of voice, data and IP services to Matrix and its customers. SBG’s cu...
Read morePress Releases • January 03, 2006
LOS ANGELES (January 4, 2005) – Platinum Equity announced today that senior executive Ross Young has been appointed president and CEO of Platinum company PEAK Technologies, an international provider of automated identification and data collection systems and enterprise mobility solutions. Platinum completed the acquisition of PEAK Technologies on December 22, 2005. Young most recently served as vice president of portfolio operations for Platinum Equity, a position he held for the past four years. During this time, Young assumed senior leadership roles with newly acquired companies, guided...
Read morePress Releases • December 28, 2005
LOS ANGELES (December 23, 2005) – Platinum Equity announced today that it has completed the acquisition of PEAK Technologies, an international provider of automated identification and data collection (AIDC) systems and enterprise mobility solutions, from R. R. Donnelley & Sons Company. The transaction was announced on October 21, 2005. PEAK Technologies, based in Columbia, MD, designs and implements data collection and printing solutions for warehousing, manufacturing, distribution and field-based operations. From printing and bar code data collection products to complete tu...
Read morePress Releases • December 21, 2005
Degussa AG Divests Provider of Products and Services to the Steel Industry LOS ANGELES (December 21, 2005) – Platinum Equity announced today that it has completed the acquisition of ESM Group Inc., a leading provider of products and services to the steel industry headquartered in Amherst, N.Y. The seller is Degussa AG, a global specialty chemicals manufacturer based in Germany. ESM Group was part of the metallurgy business that Degussa designated as non-core and divested in four modules in order to focus on the company’s core specialty chemicals business. ESM provides a variety of...
Read morePress Releases • November 21, 2005
LOS ANGELES (November 21, 2005) – Merry X-Ray Corporation, a nationwide leader in medical imaging technology and service, has acquired SourceOne Healthcare Technologies from Platinum Equity, the companies announced today. Financial terms were not disclosed. Merry X-Ray executives said the acquisition of SourceOne would expand their reach as one of the leading providers of radiology imaging solutions to hospitals and health care centers across North America. “The acquisition of SourceOne not only enables us to strengthen our national presence, but also assures our continued growth and...
Read morePress Releases • October 24, 2005
Company Provides Products and Services to the Steel Industry; Agreement is Platinum’s Third Transaction Announcement in the Past Week LOS ANGELES (October 24, 2005) – Platinum Equity announced today that it has signed a definitive agreement to acquire ESM Group Inc., a leading provider of products and services to the steel industry headquartered in Amherst, N.Y. The seller is Degussa AG, the global market leader in specialty chemicals based in Dusseldorf, Germany. ESM Group was part of the metallurgy business that Degussa designated as non-core and divested in four modules in orde...
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