M&A Deal Summary

Platinum Equity Acquires Transworld Systems

On July 14, 2014, private equity firm Platinum Equity acquired business services company Transworld Systems from Expert Global Solutions

Acquisition Highlights
  • This is Platinum Equity’s 8th transaction in the Business Services sector.
  • This is Platinum Equity’s 55th transaction in the United States.
  • This is Platinum Equity’s 4th transaction in Illinois.

M&A Deal Summary
Date 2014-07-14
Target Transworld Systems
Sector Business Services
Buyer(s) Platinum Equity
Sellers(s) Expert Global Solutions
Deal Type Divestiture

Target

Transworld Systems

Lake Forest, Illinois, United States
Transworld Systems is a provider of technology-enabled Business Process Outsourcing (BPO) and Accounts Receivable Management (ARM) in North America.

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Buyer(S) 1

Buyer

Platinum Equity

Beverly Hills, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1995
PE ASSETS 48.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Platinum Equity's headquarters in Beverly Hills, California.
Platinum Equity's headquarters in Beverly Hills, California.

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.

DEAL STATS #
Overall 64 of 150
Sector (Business Services) 8 of 11
Type (Divestiture) 35 of 59
State (Illinois) 4 of 6
Country (United States) 55 of 118
Year (2014) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-09 Wheel Pros

Greenwood Village, Colorado, United States

Wheel Pros is a designer, marketer, and distributor of branded automotive aftermarket wheels, performance tires, and accessories. Wheel Pros was founded in 1995 and is based in Greenwood Village, Colorado.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-07 Ryerson

Chicago, Illinois, United States

Ryerson is a processor and distributor of metals with operations in the United States, Mexico, Canada, China and Brazil. The company serves a variety of industries, including customers making products or equipment for construction, packaging, oil and gas and truck trailers. Founded in 1842, Ryerson is headquartered in the United States and employs approximately 3,700 employees in more than 100 locations. Ryerson Holding was founded in 1842 and is based in Chicago, Illinois.

Sell -

Seller(S) 1

SELLER

Expert Global Solutions

Horsham, Pennsylvania, United States
Category Company
Sector Business Services
DESCRIPTION

Expert Global Solutions, Inc. provides business process outsourcing (BPO) solutions to a diversified client base. Expert Global Solutions’s services include accounts receivables management and customer relationship management. Expert Global is based in Horsham, Pennsylvania.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Mergr

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