Platinum Equity Mergers and Acquisitions Summary

Private Equity Profile

In the last 3 years, Platinum Equity has acquired 25 companies.

Platinum Equity’s most common sectors for investment are business services (9%) and distribution (9%). The Firm’s most common investment types include divestiture (48%) and secondary buyout (19%). In total, Platinum Equity has invested in 29 US states and 13 different countries. Its largest (disclosed) acquisition occurred in 2020 when it acquired Ingram Micro for $7.2B.

In the last 3 years, Platinum Equity has exited 18 companies. The Firm’s most common exit type is trade sale (48%). Platinum Equity’s largest (disclosed) exit occurred in 2016 when it sold Bway for $2.4B.

Join Mergr to view Platinum Equity’s full profile and discover more mega-sized private equity firms just like it.

M&A Summary

  • M&A Total Activity179
    • M&A Buy Activity112
    • M&A Sell Activity67
  • Total Sectors Invested 38
  • Total Countries Invested 13
  • M&A Buy/Sell Connections 92
  • M&A Advisors 40

Platinum Equity

360 North Crescent Drive,
Beverly Hills, California 90210
United States
(310) 712-1850
www.platinumequity.com
dboutry@platinumequity.com

Platinum Equity is a private equity firm focused on acquiring divestitures of larger public companies primarily in North America and Europe. Historically, Platinum targeted technology/software related businesses, however, the firm has since branched out beyond tech and will consider acquisitions in a broad range of industries including chemicals, communications, logistics, healthcare, automotive, industrial products, and business services. Platinum Equity was formed in 1995 by Tom Gores and is based in Beverly Hills, California.


Investment Criteria

Sectors of Interest: Agriculture, Automotive, Building Materials, Business Services, Chemicals, Communications, Construction, Consumer Products, Consumer Services, Distribution, Electrical Equipment, Electronics, Environmental, Food, Healthcare Services, Information Technology, Internet Software and Services, Leisure, Machinery, Manufacturing, Marine, Marketing, Metals/Mining, Packaging, Plastics, Publishing, Renewable Energy, Retail, Semiconductors, Software, Technology Hardware, Test/Measurement Equipment, Transportation, Utilities

Target Transaction Types: Buyout (LBO, MBO, MBI), Divestiture, Going Private, Special Situations/Distressed, Secondary Buyout

Geographic Preferences: East US, Midwest US, South US, West US, Canada, United Kingdom, Western Europe, Eastern Europe, Scandinavia, Asia/Pacific, Australia/New Zealand

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size - 2,000
Enterprise Value 100 10,000
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (6.6/yr) # 79 8 10 9 5 1 112
vol $11.9B $3.9B $6.2B $5.2B $7.2B $34.4B
Sell (4.0/yr) # 47 2 9 4 4 1 67
vol $6.0B $2.2B $398M $1.6B $10.2B
  179

Most Recent M&A

Company Date Value Type
Interior Logic Group, Inc. 2021-02-01 1.6B USD Secondary Buyout
Irvine, California · www.interiorlogicgroup.com
Mad Engine LLC 2021-01-04 - Buyout (LBO, MBO, MBI)
San Diego, California · www.madengine.com
Compart Systems Pte Ltd. 2020-12-22 398M USD Add-on Acquisition
Singapore, Singapore · www.compartsys.com
Ingram Micro, Inc. 2020-12-09 7.2B USD Divestiture
Irvine, California · www.ingrammicro.com
PrimeSource Building Products, Inc. 2020-11-13 - Secondary Buyout
Irving, Texas · www.primesourcebp.com
L&R Distributors, Inc. 2020-07-01 - Buyout (LBO, MBO, MBI)
Brooklyn, New York · www.lrdist.com
Deluxe Entertainment Services Group, Inc. - distribution business 2020-07-01 - Divestiture
Hollywood, California
Vertiv Co. 2020-02-10 - Merger
Columbus, Ohio · www.vertivco.com
American Commercial Lines, Inc. 2020-02-04 - Bankruptcy
Jeffersonville, Indiana · www.bargeacbl.com
Centerfield Media Holdings LLC 2020-01-21 - Secondary Buyout
Los Angeles, California · www.centerfield.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
BlueCrest, Inc. 2018-04-30 BCC Software LLC 2020-12-22 1
Danbury, Connecticut · www.bluecrestinc.com Rochester, New York · www.bccsoftware.com
Orbit Irrigation Systems 2019-02-06 Bond Manufacturing - Garden Business 2020-06-01 1
North Salt Lake, Utah · www.orbitonline.com Antioch, California
Transworld Systems, Inc. 2014-07-14 Alltran Financial LP 2019-12-03 4
Lake Forest, Illinois · www.tsico.com Houston, Tennessee
Pattonair 2017-08-21 Wesco Aircraft Holdings, Inc. 2019-08-09 1
Derby, United Kingdom · www.pattonair.com Valencia, California · www.wescoair.com
Artesyn Embedded Technologies, Inc. 2013-11-22 Artesyn Embedded Technologies, Inc. - Embedded Computing Business 2019-07-09 2
Tempe, Arizona · www.artesyn.com Tempe, Arizona
Multi-Color Corp. 2019-02-25 WS Packaging, Inc. 2019-07-01 1
Batavia, Ohio · www.multicolorcorp.com Green Bay, Wisconsin · www.wspackaging.com
Artesyn Embedded Technologies, Inc. 2013-11-22 Artesyn Embedded Technologies, Inc. - Embedded Power Business 2019-05-15 1
Tempe, Arizona · www.artesyn.com Tempe, Arizona
Transworld Systems, Inc. 2014-07-14 Credit Bureau of Lancaster County, Inc. - Collection Division Portfolio 2019-05-07 3
Lake Forest, Illinois · www.tsico.com Lancaster, Pennsylvania
Transworld Systems, Inc. 2014-07-14 Altisource Portfolio Solutions S.A. - Financial Services Business 2019-03-29 2
Lake Forest, Illinois · www.tsico.com , United States
Elevate Textiles, Inc. 2016-10-24 American & Efird LLC 2018-02-26 1
Greensboro, North Carolina · www.elevatetextiles.com Mount Holly, North Carolina · www.amefird.com

M&A by Sector

Sector Current # Value All-time # Value
Business Services 5 (12%) - 10 (9%) -
Distribution 5 (12%) 7.2B (31%) 9 (8%) 7.2B (21%)
Transportation 1 (2%) - 8 (7%) 1.5B (4%)
Packaging 3 (7%) 2.5B (11%) 7 (6%) 3.9B (11%)
Information Technology - - 7 (6%) 254M (1%)
Manufacturing 3 (7%) - 6 (5%) 630M (2%)
Marketing 3 (7%) - 5 (4%) 225M (1%)
Communications - - 5 (4%) -
Automotive 1 (2%) - 4 (4%) -
Machinery 2 (5%) 4.2B (18%) 3 (3%) 4.3B (12%)
Metals/Mining - - 3 (3%) 2.0B (6%)
Technology Hardware 1 (2%) - 3 (3%) 90M (< 1%)
Building Materials 1 (2%) - 3 (3%) -
Marine 1 (2%) - 3 (3%) -
Electrical Equipment - - 2 (2%) 4.0B (12%)
Software 1 (2%) 2.7B (12%) 2 (2%) 2.7B (8%)
Medical Products 1 (2%) 2.1B (9%) 2 (2%) 2.1B (6%)
Consumer Products 1 (2%) 1.3B (6%) 2 (2%) 1.3B (4%)
Leisure 2 (5%) 1.3B (6%) 2 (2%) 1.3B (4%)
Publishing 1 (2%) 323M (1%) 2 (2%) 323M (1%)
Apparel/Textiles 2 (5%) - 2 (2%) -
Chemicals - - 2 (2%) -
Construction - - 2 (2%) -
Environmental - - 2 (2%) -
Food 2 (5%) - 2 (2%) -
Safety/Security - - 2 (2%) -
Defense - - 1 (1%) 1.0B (3%)
Consumer Services 1 (2%) 630M (3%) 1 (1%) 630M (2%)
Utilities 1 (2%) 520M (2%) 1 (1%) 520M (2%)
Test/Measurement Equipment 1 (2%) 323M (1%) 1 (1%) 323M (1%)
Aerospace 1 (2%) - 1 (1%) -
Agriculture - - 1 (1%) -
Beverages 1 (2%) - 1 (1%) -
Electronics - - 1 (1%) -
Energy Services and Equipment 1 (2%) - 1 (1%) -
Plastics - - 1 (1%) -
Real Estate - - 1 (1%) -
Renewable Energy 1 (2%) - 1 (1%) -
Total 43 $23.1B 112 $34.4B

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 30 (70%) 17.7B (76%) 89 (79%) 28.7B (83%)
  California 6 (14%) 9.6B (42%) 12 (11%) 9.6B (28%)
  Illinois 2 (5%) 2.7B (12%) 6 (5%) 5.5B (16%)
  Texas 2 (5%) - 6 (5%) 254M (1%)
  Ohio 1 (2%) 2.5B (11%) 6 (5%) 6.7B (19%)
  Pennsylvania 1 (2%) 520M (2%) 6 (5%) 520M (2%)
  Georgia 1 (2%) 630M (3%) 5 (4%) 1.9B (5%)
  Michigan 1 (2%) - 5 (4%) 630M (2%)
  Minnesota 1 (2%) 1.3B (6%) 4 (4%) 1.3B (4%)
  Florida 1 (2%) - 4 (4%) -
  New Jersey 1 (2%) - 3 (3%) 90M (< 1%)
  North Carolina 1 (2%) - 3 (3%) -
  New York 1 (2%) - 3 (3%) -
  Massachusetts 1 (2%) - 3 (3%) -
  Indiana - - 3 (3%) 777M (2%)
  Iowa 2 (5%) - 2 (2%) -
  Colorado 1 (2%) - 2 (2%) -
  Arizona 1 (2%) - 2 (2%) -
  Wisconsin - - 2 (2%) 51M (< 1%)
  Maryland - - 2 (2%) -
  Connecticut 1 (2%) 361M (2%) 1 (1%) 361M (1%)
  Utah 1 (2%) - 1 (1%) -
  Tennessee 1 (2%) - 1 (1%) -
  Oklahoma 1 (2%) - 1 (1%) -
  Nevada 1 (2%) - 1 (1%) -
  Mississippi 1 (2%) - 1 (1%) -
  Virginia - - 1 (1%) 1.0B (3%)
  North Dakota - - 1 (1%) -
  Louisiana - - 1 (1%) -
  Kentucky - - 1 (1%) -
United Kingdom 2 (5%) 1.3B (6%) 4 (4%) 1.5B (4%)
Canada 2 (5%) 3.9B (17%) 3 (3%) 3.9B (11%)
  Ontario 2 (5%) 3.9B (17%) 2 (2%) 3.9B (11%)
  British Columbia - - 1 (1%) -
Singapore 2 (5%) - 3 (3%) -
Australia 2 (5%) 323M (1%) 2 (2%) 323M (1%)
Italy 2 (5%) - 2 (2%) -
Spain 1 (2%) - 2 (2%) -
Netherlands - - 2 (2%) -
France 1 (2%) - 1 (1%) -
Hong Kong 1 (2%) - 1 (1%) -
Germany - - 1 (1%) -
Belgium - - 1 (1%) -
Mexico - - 1 (1%) -
Domestic 30 (70%) 17.7B (76%) 89 (79%) 28.7B (83%)
Cross-border 13 (30%) 5.5B (24%) 23 (21%) 5.7B (17%)
Total 43 $23.1B 112 $34.4B

Acquisitions by Deal Type

Type Current # Value All-time # Value
Divestiture 20 (47%) 12.4B (57%) 53 (47%) 17.6B (54%)
Secondary Buyout 10 (23%) 3.9B (18%) 21 (19%) 6.1B (19%)
Buyout (LBO, MBO, MBI) 8 (19%) - 15 (13%) -
Going Private 4 (9%) 5.6B (25%) 11 (10%) 8.7B (27%)
Special Situations/Distressed - - 4 (4%) 33M (< 1%)
Stake Purchase - - 3 (3%) -
Recapitalization 1 (2%) - 2 (2%) -
Growth Capital - - 1 (1%) -
Merger - - 1 (1%) -
Venture - - 1 (1%) -
Total 43 $21.8B 112 $32.4B

Exits by Deal Type

Type Total # Value
Secondary Sale 20 (30%) 2.2B (22%)
Trade Sale - Public Company 19 (28%) 5.5B (54%)
Trade Sale 15 (22%) 2.5B (25%)
Merger 6 (9%) -
Bankruptcy 2 (3%) -
IPO 2 (3%) -
Sold to Management 2 (3%) -
Shut Down 1 (1%) -
Total 67 $10.2B

Top M&A Advisors

Financial Deals
Goldman Sachs Investment Banking Division
 6
Rothschild Global Advisory
 3
Lincoln International
 2
Legal Deals
Latham & Watkins
 21
Bingham McCutchen LLP
 6
Gibson, Dunn & Crutcher LLP
 5

Deal Values

buy # Total
> $1B 11 $29.2B
$100M to $1B 11 $5.0B
< $100M 3 $174M
TOTAL $34.4B
Largest Ingram Micro, Inc.
$7.2B (2020-12-09)
sell # Total
> $1B 4 $7.2B
$100M to $1B 10 $2.9B
< $100M 2 $128M
TOTAL $10.2B
Largest Bway Corp.
$2.4B (2016-06-13)

M&A Connections

Deals
Acquired from
Investor(s)
20%
22 (20%)
Strategic(s)
46%
51 (46%)
Exited to
Investor(s)
30%
20 (30%)
Strategic(s)
52%
35 (52%)

Investor Summary

Size

Mega

PE Assets

23.0B USD

Established

1995

Specialist/Generalist

Generalist

Leadership

Tom Gores

Founder, Chairman & CEO

Mary Ann Sigler

CFO

Bob Wymbs

Partner

Bryan Kelln

Partner

Jacob Kotzubei

Partner

 Subscribe to unlock this and 160,954
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.1K Private Equity Firms
  • 149K M&A Transactions
  • 157K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.2K M&A Advisors
    (Investment Banks and Law Firms)
  • 47K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Mergr

Product

Company

Legal