Platinum Equity Acquires Majority Interest in Tarter Farm and Ranch Equipment

Platinum Equity Invests in Motors & Armatures (MARS)

July 17, 2024

Building Products

Platinum Equity has made a significant investment in Motors & Armatures, Inc. (MARS), a 75-year-old HVAC/R parts and equipment distributor headquartered in Hauppauge, New York. The Chernoff family and company management retain a significant ownership stake and CEO Eddie Chernoff will remain in place; Platinum Equity said it will support MARS' growth initiatives, new product introductions and pursue add-on acquisitions.

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

November 6, 2023

Energy

Platinum Equity has closed the transaction to acquire a majority interest in Kohler Energy from Kohler Co., establishing Kohler Energy as an independent, standalone business. Kohler Co. remains an investment partner, Brian Melka will serve as CEO and David Kohler will sit on the board; financial terms were not disclosed. Platinum Equity said it will invest in growth and operational initiatives to accelerate Kohler Energy's position in the global energy resilience market.

Platinum Equity Acquires Farnese Group (Farnese Vini)

April 6, 2020

Food & Beverage

Platinum Equity has completed the acquisition of Farnese Group (also referred to as Farnese Vini) from NB Renaissance Partners. Headquartered in Pescara, Italy, Farnese is a wine producer and distributor that Platinum Equity intends to grow organically and via prospective acquisitions; financial terms were not disclosed.

Platinum Equity Acquires TruckPro

October 16, 2019

Logistics & Distribution

An affiliate of Platinum Equity has acquired TruckPro Holding Corporation from Harvest Partners. TruckPro, headquartered in Memphis, Tennessee, is a leading distributor of heavy-duty truck and trailer parts with more than 150 locations across the United States and Canada; Platinum Equity said it will pursue organic growth and potential acquisitions to expand the business.

Platinum Equity Acquires Oregon Tool

October 18, 2021

Manufacturing

Platinum Equity has completed the acquisition of Oregon Tool (formerly Blount International) from American Securities and P2 Capital Partners. Oregon Tool, a Portland-based global manufacturer and distributor of saw chain, guide bars, lawn mower blades and related aftermarket products with more than 3,200 employees, will be positioned as a platform for growth and further add-on acquisitions under Platinum Equity's ownership.

Platte River Equity Acquires Majority Stake in Turf Care Supply

January 1, 2022

Agriculture

Platte River Equity has made a majority investment in Turf Care Supply, LLC, partnering with the company's management team which rolled a significant equity stake. Turf Care, headquartered in Brunswick, Ohio, is a formulator and blender of coated nitrogen and other fertilizer products (including the Allied Nutrients division) and will work with Platte River to pursue organic growth and acquisition opportunities.