Platinum Equity Invests in TAK Communications

Oak Hill Capital and Pamlico Capital Invest in IdeaTek Telcom and Socket Telecom to Build Midwest Fiber Platform

July 8, 2025

Telecommunications

Oak Hill Capital and Pamlico Capital have made a strategic investment in IdeaTek Telcom and Socket Telecom, combining the two regional fiber internet providers to create a scaled Midwest fiber internet service provider. TPG Peppertree will sell its existing stake while reinvesting alongside the two firms; the combined company will expand fiber networks across Kansas and Missouri with a goal to pass over 500,000 homes in the Midwest by 2028.

TAK Broadband Acquires Gulbranson Services

October 9, 2025

Telecommunications

TAK Broadband has acquired Gulbranson Services, Inc. (GSI), a Victorville, California-based telecommunications contractor that provides drop bury, maintenance and fiber-to-the-home construction services, from founder Bob DeLaHoussaye. The deal is an accretive tuck-in to TAK (which is PE-backed by Platinum Equity) to strengthen TAK's Southern California presence and expand its FTTH construction and maintenance capabilities.

Vector Capital Co-Invests in McGraw Hill Education with Platinum Equity

October 4, 2021

Education

Vector Capital has made a co-investment in McGraw Hill Education alongside existing owner Platinum Equity. The investment will support McGraw Hill's digital transformation and expansion of its courseware and platform offerings (including Connect and ALEKS) as the company integrates additional capabilities such as Achieve3000.

Warren Equity Partners Acquires ADB Companies; ADB Adds ETAK Systems

April 26, 2021

Telecommunications

Warren Equity Partners has acquired ADB Companies, a national provider of telecommunication and utility infrastructure services, from Keeley Companies. In partnership with Warren Equity, ADB completed its first add-on acquisition of ETAK Systems to expand maintenance, power and small-cell capabilities.

Platinum Equity Acquires Pelican Products

December 31, 2021

Manufacturing

Platinum Equity has completed its acquisition of Pelican Products, a Torrance, California-based manufacturer of high-performance protective cases, portable lighting systems and temperature-controlled packaging (Peli BioThermal). The deal, purchased from Behrman Capital, positions Pelican as a platform for growth under Platinum Equity with management, led by CEO Phil Gyori, remaining in place; financial terms were not disclosed.

Lee Equity Partners and Twin Point Capital Acquire Alliance Corporation

September 22, 2021

Telecommunications

Lee Equity Partners and Twin Point Capital have acquired a controlling interest in Alliance Corporation from Ironbridge Equity Partners. Alliance, a Mississauga-based value-added distributor of wireless communications technology with cable termination capabilities and a growing U.S. presence, will be led by existing management who retain a meaningful equity stake.