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New Deal


Announced

Completed

Platinum Equity completed the acquisition of The HC Companies from Wingate Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Acquisition

Majority

Friendly

containers

Containers and Packaging

Domestic

Private

Private Equity

Single Bidder

Completed

Synopsis

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Platinum Equity, an investment firm, completed the acquisition of The HC Companies, a manufacturer of horticultural containers, from Wingate Partners, a private equity firm. Financial terms were not disclosed. "HC has earned a well-deserved reputation for innovation, quality and customer service, and the company offers one of the most comprehensive product lines in the industry. We are excited to work with the HC management team and to continue investing in the company's long-term strategic plans," Jacob Kotzubei, Platinum Equity Co-President.

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