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Platinum Equity to Sell Artesyn’s Embedded Power Business to Advanced Energy

Beverly Hills-based private equity firm Platinum Equity agreed to sell the Embedded Power business of portfolio company Artesyn Embedded Technologies Inc., to Advanced Energy Industries Inc., in a transaction valued at $400 million.

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L.A.-Based Platinum Equity’s Vertiv Buys MEMS Power Maintenance Business

Los Angeles private equity firm Platinum Equity announced that its portfolio company Vertiv completed the purchase of the maintenance business of MEMS Power Generation, a privately-owned company headquartered in the United Kingdom that specializes in temporary power solutions.

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Platinum Equity Completes $2.1 Billion Acquisition of LifeScan From Johnson & Johnson

Beverly Hills private equity firm Platinum Equity completed its acquisition of LifeScan from Johnson & Johnson for roughly $2.1 billion, with the exception of certain non-U.S. jurisdictions that are each expected to close at a later date.

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