Cision, a global consumer and media intelligence and communications platform, announced the appointment of Cali Tran as the company’s new Chief Executive Officer. Tran replaces Platinum Equity Managing Director Brandon Crawley, who has been serving as interim CEO. Platinum Equity acquired Cision in 2021. “The persistent evolution of markets, media and social conversations makes it more…
Platinum Equity announced that it has entered into a definitive agreement to acquire McGraw Hill, a global leader in educational content and digital platforms, from funds (the Apollo Funds) managed by affiliates of Apollo Global Management, Inc. (together with its consolidated subsidiaries, “Apollo”) for a purchase price of approximately $4.5 billion. Founded in 1888, McGraw Hill…
Platinum Equity announced that it has entered into a definitive agreement to acquire Urbaser, one of the world’s largest providers of environmental services, from China Tianying Inc. for an enterprise value of approximately $4.2 billion (€3.5 billion). The sale is expected to be completed during the third quarter of 2021, subject to China Tianying shareholder…