Platinum Equity to Acquire Global Environmental Services Business Urbaser from China Tianying for $4.2 Billion
Acquisition of Madrid-Based Integrated Waste Management Company
Adds to Global Buyout Firm s Momentum in Europe
LOS ANGELES and MADRID (June 6, 2021) - Platinum Equity today announced that it has entered into a definitive agreement to acquire Urbaser, one of the world s largest providers of environmental services, from China Tianying Inc. for an enterprise value of approximately $4.2 billion (€3.5 billion). The sale is expected to be completed during the third quarter of 2021, subject to China Tianying shareholder and customary regulatory approvals.
Urbaser is a leading global environmental management company oriented towards sustainability and innovation, serving more than 70 million people in 25 countries through a network of more than 50,000 employees. Currently, it is responsible for cleaning more than 8 million kilometers of streets in different cities around the
Platinum Equity Portfolio Company Mad Engine To Combine With Fifth Sun, Creating Premier Omnichannel Provider Of Licensed Apparel And Accessories
Combination to create industry leading platform built to meet increasing demand from licensors and retailers for digital solutions and direct-to-garment / print-on-demand products
News provided by
Share this article
Share this article
LOS ANGELES, May 20, 2021 /PRNewswire/ Platinum Equity announced today the signing of a definitive agreement to acquire a controlling stake in Fifth Sun from company founder Dan Gonzales. The acquisition will be made through Platinum Equity portfolio company Mad Engine.
The transaction is expected to be completed during the second quarter of 2021. Financial terms were not disclosed.
/PRNewswire/ Platinum Equity today announced the signing of an agreement to acquire Game Taco, a premier skill-based mobile gaming platform that joins.
Platinum Equity To Create Premier Skill-Based Game Platform Through Acquisitions Of Game Taco And WorldWinner prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Share this article
Share this article
LOS ANGELES, April 12, 2021 /PRNewswire/ Platinum Equity announced today it has entered into a definitive agreement to acquire Club Car from Ingersoll Rand (NYSE:IR) in a transaction valued at approximately $1.7 billion. The acquisition, subject to standard closing conditions, is expected to be completed by the third quarter of 2021.
Founded in 1958 and headquartered in Augusta, Georgia, Club Car is a global manufacturer of golf cars, utility, personal transportation and other low-speed vehicles, including all-electric models, and related aftermarket parts and services. The business has been owned by Ingersoll Rand since 1995. Club Car is an iconic golf brand that for more than 60 years has set the industry standard for quality and innovation, said Platinum Equity Chairman and CEO Tom Gores. We appreciate Ingersoll Rand s confidence in our ability to build on that legacy and support Club Car s continued growth and expansion as a standal