Profile of Platinum Equity plus list of recent M&A deals in December!


Here is today’s list of M&A deals that closed recently:

  • Amgen, Inc Acquired deCODE genetics
  • Golden Gate Capital Acquired Ex Libris
  • Gores Technology Group LLC Acquired Harris Broadcast Communications
  • Group 1 Automotive, Inc Acquired Rivertown Ford
  • Heartland Financial USA, Inc. Acquired Heritage Bank
  • Hertzbach & Company, P.A. Acquired Connor & Loubier CPAS, LLC
  • InComm Acquired Adility
  • Intermec Inc. Acquired Honeywell International Inc
  • Laurus Corporation Acquired Sofitel
  • The Clark Group Inc. Acquired Preprint Logistics Management Inc
  • VizStar, Inc Acquired Kimberly Parry Corporation
  • William Lyon Homes Acquired Village Homes

If you have a great deal (i.e. great vs. good), let me introduce you to one of my friends that is a partner in Venture Capital, Private Equity, or other type of investor.  Based on the Gores Technology Group LLC deal, I picked his brother’s company Platinum Equity to profile.  Contact me at jdm.networking.com to let me tell you why I love this private equity firm and how Roger House can fast track your deal to get done in under 45 days!

PROFILE OF PLATINUM EQUITY:

Platinum Equity

KEY CONTACT ROGER HOUSE (from Platinum’s website):

Roger House established and currently oversees all of Platinum’s new acquisition screening efforts and its department of associates. He is responsible for driving growth through acquisitions, analyzing and assessing opportunities, managing the transaction process and working with the Business Development department to coordinate overall M&A&O  strategy.

Prior to joining Platinum Equity in 1997, Mr. House was an executive in the office products industry. Mr. House also provided consultation and project management services to Platinum Equity Chairman and CEO Tom Gores in the formal establishment of Platinum.

Mr. House graduated from Pennsylvania State University with a B.S. in Finance.

RECENT PLATINUM EQUITY DEAL (from press release):

Peoria, Ill. – Catepillar Inc (NYSE: CAT) and Platinum Equity announced today that Platinum Equity’s acquisition of a majority interest in Caterpillar Logistics Services has been completed. Caterpillar will retain a 35 percent equity stake in the business. The overall transaction is valued at approximately $750 million.

Caterpillar Logistics Services is the third party logistics division of Caterpillar’s wholly owned subsidiary, Caterpillar Logistics Inc. (Cat Logistics). Platinum intends to establish the business as a standalone company under a new brand that will be announced at a later date.

Read More: http://www.platinumequity.com/news/697/caterpillar-completes-sale-of-third-party-logistics-business-to-platinum-equity

NEW FUND UPDATE:

Platinum Equity , the Los Angeles-based buyout firm that owns a stake in the Detroit Pistons , has closed on $1.75 billion so far for its third buyout fund, according to two people with knowledge of the fund.

Read More: http://finance.fortune.cnn.com/tag/platinum-equity/

LEARN MORE ABOUT PLATIUM EQUITY: http://www.platinumequity.com/

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Author: JD Morris

Learn more about JD Biography on LinkedIn: http://www.linkedin.com/in/jdmorris

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