Platinum Equity Acquires Majority Interest in Kohler Energy from Kohler Co.

Platinum Equity Acquires Lonza's Water Care Business

February 28, 2019

Manufacturing

Platinum Equity completed the acquisition of Lonza's water care business in a transaction valued at approximately $630 million. Headquartered in Alpharetta, Georgia, the business operates six production facilities across North America, South America and EMEA and supplies consumer pool-care brands and industrial/municipal water treatment solutions; Platinum Equity will operate it as a standalone platform and will announce a new corporate identity.

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 PlayPower from Littlejohn & Co.

November 3, 2025

Manufacturing

Platinum Equity has completed the acquisition of PlayPower, a designers and manufacturer of recreational and outdoor living systems, from Littlejohn & Co. PlayPower is headquartered in Huntersville, North Carolina and operates manufacturing and distribution networks across North America and Europe; financial terms were not disclosed. Platinum Equity intends to support PlayPower's organic growth and pursue complementary acquisitions to expand the company's family of brands.

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.

Abry Partners Acquires Majority Stake in Franklin Energy Group from Kohlberg & Company

August 1, 2019

Energy

Abry Partners, a Boston-based private equity firm, will purchase majority ownership of Franklin Energy Group from Kohlberg & Company and other stockholders. Franklin Energy, headquartered in Port Washington, Wisconsin, is a vertically integrated provider of demand-side management, energy efficiency program implementation, product fulfillment and customer engagement software for utilities; Abry said it will support the company's continued growth and capability expansion.

Platinum Equity Acquires The HC Companies

August 3, 2023

Manufacturing

Platinum Equity has completed the acquisition of The HC Companies, a North American manufacturer of horticultural containers headquartered in Twinsburg, Ohio. Platinum Equity plans to invest in growth and operations, using HC as a platform for organic expansion and add-on acquisitions across adjacent product categories and geographies.