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Platinum Equity Acquires Jeld-Wen Australasia Windows And Doors Business

Platinum Equity Acquires Jeld-Wen Australasia Windows And Doors Business

07/02/23, 10:31 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgbeverly hills
Industry
financial services
building material
building material
Platinum Equity announced today that the acquisition of the JELD-WEN Australasia windows, doors and related building products business from JELD-WEN Holding, Inc. for approximately $461 million has been completed.

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.