Platinum Equity Acquires De Wave Group

Platinum Equity to Sell De Wave Group to Renaissance Partners

September 12, 2026

Industrial Services

Platinum Equity has signed a definitive agreement to sell De Wave Group, an Italy-based provider of integrated marine interior and technical systems for cruise and yacht industries. The transaction is expected to close by the end of 2026 following regulatory approvals and terms were not disclosed.

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.

Platinum Equity Acquires The Cabinetworks Group

April 5, 2021

Building Products

Platinum Equity has entered into a definitive agreement to acquire The Cabinetworks Group from American Industrial Partners, GIC and other equity holders. Cabinetworks is the largest independently owned U.S. manufacturer and distributor of kitchen and bath cabinets, operating multiple manufacturing and component facilities and employing approximately 8,000 people; Platinum plans to grow the business organically and via M&A.

Altamont Capital Partners Acquires Assets of WAVE Electronics, Inc.

March 18, 2021

Logistics & Distribution

Altamont Capital Partners has acquired certain assets of WAVE Electronics, Inc., a U.S. distributor of connected-home, audio/video, and residential security products with nine branches. The investment provides liquidity to support WAVE’s operations, expand inventory, and fund growth initiatives (including potential footprint expansion and acquisitions), while WAVE’s senior management will remain in place.

Platinum Equity Acquires Majority Stake in Iberconsa from Portobello Capital

March 7, 2019

Food & Beverage

Platinum Equity agreed to acquire and completed the purchase of a majority stake in Grupo Ibérica de Congelados, S.A. (Iberconsa) from Portobello Capital and affiliates of the company's founding families; financial terms were not disclosed. Headquartered in Vigo, Spain, Iberconsa is a vertically integrated global provider of frozen seafood with an owned fleet of ~45 vessels, five processing plants and four cold storage facilities, and Platinum plans to support further growth through operational improvements and M&A while CEO Alberto Freire remains in place.

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.