Platinum Equity L.L.C.

Private Company, Headquarters Location
360 N Crescent Dr., Beverly Hills, CA 90210-4874, United States
(310)712-1850, (310)712-1848 fax, http://www.peh.com

Primary SIC: Investors, Not Elsewhere Classified, Primary NAICS: Miscellaneous Financial Investment Activities
Description: Finance: Venture capital company with interests in a variety of technology-related businesses, including software, information systems, data communications and networking, call centers and help desks. More

Founded in 1995, Platinum Equity Holdings is an investment corporation that focuses on acquiring and operating high tech companies. Primary acquisitions involve companies that are a wholly owned subsidiary or a division of a Fortune 1000 corporation. When seeking companies for acquisition, Platinum's selection criteria includes businesses that generate between $20 million and $500 million in revenues with an industry focus of applications software, computer systems, hardware service, information management and communications. Platinum Equity Holdings' corporate office is located in Los Angeles and international headquarters is located in London. They currently own stakes in approximately 15 companies and provide worldwide coverage in North America, Europe, Asia-Pacific and Latin America. Their portfolio of operations include worldwide product support personnel, service locations in 24 countries, information systems engineers and consultants, established marketing and distribution channels, and more than 40,000 product licenses installed worldwide. In August 1999, Platinum acquired TimePlex Group from Schroeder Ventures. With this acquisition of TimePlex, Platinum is considered the premier global provider of field services and network solutions. Other representative equity acquisitions included in Platinum's portfolio of companies are TeleService Resources, Atesseract, Milgo Solutions, Synertech, Ins-Site Insurance Solutions, ProfitKey International, Starnine, Pilot Software, DCA Services, David Corporation Forsight Software, and Manac Solutions, Platinum's top competitors include Apollo Advisors, KKR, and Clayton, Dubilier.