Latest News and Press Releases

Want to stay updated on the latest news?

Sign into Reader Account Create Reader Account

February 23, 2016 10:00 ET | Source: FlintNOW Foundation

Magic Johnson Joining Tom Gores and FlintNOW Foundation to Expand Education Opportunities for Kids in Flint

LOS ANGELES, CA--(Marketwired - February 23, 2016) - Tom Gores, Chairman and CEO of Platinum Equity and owner of the Detroit Pistons, announced today that Earvin "Magic" Johnson is joining...
January 29, 2016 16:44 ET | Source: Platinum Equity

Pistons Owner Initiates Flow of Funds to Flint

LOS ANGELES, CA--(Marketwired - January 29, 2016) - Detroit Pistons Owner Tom Gores announced today the first grants from a $10 million campaign to address the crisis in Flint, Michigan,...
January 28, 2016 09:00 ET | Source: Platinum Equity

Tom Gores Pledges $10 Million for Flint Relief Efforts

FLINT, MI--(Marketwired - January 28, 2016) - Tom Gores, Chairman and CEO of Platinum Equity and owner of the Detroit Pistons, announced today a private sector campaign to raise at least $10...
January 11, 2016 02:55 ET | Source: Platinum Equity

Worldwide Flight Services to Acquire Consolidated Aviation Services

LOS ANGELES, CA--(Marketwired - January 11, 2016) - Worldwide Flight Services (WFS), one of the world's leading cargo handlers and providers of ground handling and technical services, announced...
December 07, 2015 11:54 ET | Source: BlueLine Rental

BlueLine Rental Names Former Aggreko, United Rentals Executive Asterios Satrazemis as CEO

WOODLANDS, TX--(Marketwired - Dec 7, 2015) - BlueLine Rental, a provider of small- to medium-sized construction rental equipment, today announced the appointment of Asterios Satrazemis as CEO,...
October 26, 2015 07:05 ET | Source: Platinum Equity

Platinum Equity to Sell Information Technology Solutions Provider Pomeroy

LOS ANGELES, CA--(Marketwired - Oct 26, 2015) - Platinum Equity announced today it has signed a definitive agreement to sell Pomeroy to Tolt Solutions, a portfolio company of Clearlake Capital...
October 24, 2015 15:50 ET | Source: EpiPals

EpiPals Expands Reach Into Michigan in Support of Children With Severe Food Allergies

DETROIT, MI--(Marketwired - Oct 24, 2015) - EpiPals, a non-profit organization founded by Catherina and Amanda Gores, daughters of Detroit Pistons Owner Tom Gores, hosted a fundraiser today at...
October 14, 2015 06:06 ET | Source: Platinum Equity

Platinum Equity to Sell DMS Health Technologies to Digirad Corporation

LOS ANGELES, CA--(Marketwired - Oct 14, 2015) - Platinum Equity today announced it has signed a definitive agreement to sell DMS Health Technologies ("DMS Health") to Digirad Corporation (NASDAQ:...
October 01, 2015 03:12 ET | Source: Platinum Equity

Platinum Equity Completes Acquisition of Worldwide Flight Services

LOS ANGELES, CA--(Marketwired - Oct 1, 2015) - Platinum Equity today announced it has completed the acquisition of Worldwide Flight Services from LBO France. WFS is one of the world's largest cargo...
September 22, 2015 19:00 ET | Source: PrimeSource

PrimeSource Names Building Products Industry Veteran George Judd CEO

DALLAS, TX--(Marketwired - Sep 22, 2015) - PrimeSource Building Products, Inc., the largest distributor of construction fasteners and one of the largest distributors of non-lumber building products...