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Platinum Equity to acquire Sunrise Medical, adding momentum to European investment team

Platinum Equity to acquire Sunrise Medical, adding momentum to European investment team

06/05/24, 5:09 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgbeverly hills
https://purecatamphetamine.github.io/country-flag-icons/3x2/DE.svgbaden württemberg
Industry
financial services
medical device
health care
manufacturing
Platinum Equity, a global investment firm, has signed a definitive agreement to acquire Sunrise Medical, a world leader in advanced assistive mobility solutions. The acquisition is expected to enhance Platinum Equity's European investment team and strengthen its presence in the mobility solutions market.

Company Info

Company
Platinum Equity
Location
Beverly Hills, California, United States
Company info
Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with more than $25 billion of assets under management and a portfolio of approximately 40 operating companies that serve customers around the world. The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global buyout fund, and Platinum Equity Small Cap Fund, a $1.5 billion buyout fund focused on investment opportunities in the lower middle market. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 25 years Platinum Equity has completed more than 300 acquisitions.