SMART Global Holdings Acquires Artesyn Embedded Computing Business from Platinum Equity

Advanced Energy Acquires Artesyn's Embedded Power Business from Platinum Equity

May 15, 2019

Manufacturing

Advanced Energy Industries, Inc. has signed a definitive agreement to acquire the Embedded Power business of Artesyn Embedded Technologies from Platinum Equity for approximately $400 million. The divestiture (sale of a business unit) expands Advanced Energy's power-conversion product portfolio and brings Artesyn's AC-DC and DC-DC power supply offerings into Advanced Energy's precision power platform; the deal was expected to close in H2 2019 pending regulatory approvals.

SMART Global Holdings Acquires Stratus Technologies from Siris Capital

June 29, 2022

IT Services

SMART Global Holdings, Inc. (SGH) has acquired Stratus Technologies from affiliates of Siris Capital Group for $225 million in cash plus an earn-out of up to $50 million based on post-close gross profit performance. Stratus will operate within SGH's Intelligent Platform Solutions group, with Dave Laurello continuing to lead the business and support SGH's expansion of high-availability Edge, Core, and Cloud computing offerings.

Spectra A&D Holdings (Vance Street Capital) Acquires Galleon Embedded Computing AS

August 16, 2021

Aerospace & Defense

Spectra A&D Holdings, a portfolio company of Vance Street Capital, has acquired Oslo-based Galleon Embedded Computing AS in an add-on transaction to expand Spectra's C5ISR and embedded computing product portfolio for aerospace and defense customers. The acquisition broadens Spectra's proprietary offerings (servers, NAS, data recorders, board-level solutions) and extends the platform's international reach into Europe.

Virtium Acquires Embedded Artists AB

December 10, 2024

Manufacturing

Virtium, a PE-backed industrial memory and storage solutions provider, has acquired Embedded Artists AB, a Sweden-based developer of system-on-module (SOM), AI accelerator and connectivity modules for Edge AI and industrial applications. The deal expands Virtium's compute, edge AI, connectivity and software capabilities and supports global manufacturing scale via Virtium's U.S. and Vietnam facilities.

Platinum Equity Acquires Ingram Micro for $7.2 Billion

July 7, 2021

Transportation

Platinum Equity completed the acquisition of Ingram Micro Inc. from HNA Technology Co., Ltd. The buyout, announced July 2021, values the world’s largest technology distributor at $7.2 billion enterprise value and positions Platinum to accelerate Ingram Micro’s cloud, logistics and solutions strategies while providing financial and operating support for growth initiatives.

Hg Acquires Stake in smartTrade Technologies from Keensight Capital and Pléiade Venture

April 24, 2020

Software

Hg has entered into an agreement to acquire stakes in smartTrade Technologies from Keensight Capital and Pléiade Venture. The investment will support smartTrade's R&D and global growth as a leading provider of multi-asset electronic trading solutions; smartTrade's management will remain invested alongside Hg.