Platinum Equity Acquires Controlling Stake in SVP Worldwide

Platinum Equity Acquires Controlling Stake in Mad Engine

January 4, 2021

Consumer Products

Platinum Equity acquired a controlling stake in Mad Engine from affiliates of the company's current ownership group, with existing shareholders and management retaining a meaningful minority interest and remaining in leadership roles. Mad Engine is a global designer, manufacturer and distributor of licensed, branded and private-label apparel and accessories sold through major retailers and e-commerce channels; Platinum Equity said it will support scaling the business and expanding operations.

Platinum Equity Affiliate Acquires Wesco Aircraft and Combines It with Pattonair

January 9, 2020

Aerospace & Defense

An affiliate of Platinum Equity completed the acquisition of Wesco Aircraft Holdings Inc. for approximately $1.9 billion and immediately combined Wesco with Platinum Equity portfolio company Pattonair. The combination creates a roughly $2.4 billion, global aerospace supply-chain and distribution business headquartered in Valencia, California, with operations across 17 countries and more than 4,000 employees to expand scale, product breadth and supply‑chain capabilities.

Platinum Equity Acquires Sunrise Medical from Nordic Capital

October 16, 2024

Medical Devices

Platinum Equity has signed a definitive agreement to acquire Sunrise Medical Group, a Germany-headquartered global manufacturer and distributor of assistive mobility products, from Nordic Capital. The buyout (expected to close in Q3 2024) positions Platinum to pursue a buy-and-build strategy to expand Sunrise's geographic footprint—particularly in North America—and to accelerate product and operational investments.

Visioneering, Inc. (3P Equity Partners) Acquires Plasco Tooling and Engineering Corporation

December 15, 2017

Manufacturing

Visioneering, Inc., a portfolio company of family office 3P Equity Partners, has acquired the assets of Plasco Tooling and Engineering Corporation. The deal adds Plasco’s composite tooling, fixtures and patented stretch form die technology and 42,000 ft2 manufacturing capability in Romeo, Michigan to Visioneering’s aerospace tooling platform to expand capabilities in the aerospace and defense market.

Platinum Equity Acquires Co-Controlling Stake in US LBM from Bain Capital

October 16, 2023

Building Products

Platinum Equity has signed a definitive agreement to acquire a co-controlling stake in US LBM from existing investor Bain Capital Private Equity, with Bain and Platinum holding equal ownership and joint board governance. US LBM will remain led by founder and CEO L.T. Gibson and will continue pursuing national expansion and strategic acquisitions to grow its specialty building materials distribution platform; financial terms were not disclosed.

Platinum Equity Acquires Augusta Sportswear Brands and Founder Sport Group

January 9, 2024

Consumer Products

Platinum Equity has acquired Augusta Sportswear Brands and Founder Sport Group, two U.S.-based suppliers of team uniforms, performance apparel and fanwear serving youth and recreational sports markets. The private transactions (terms undisclosed) will combine the complementary brand portfolios and capabilities to expand product offerings, improve supply-chain efficiency and accelerate customization technologies like sublimation printing.