Just in and great news for another manufacturer in this poor housing economy. We wish them success.
Dear Customer:
I am pleased to inform you that Platinum Equity has acquired Prestige Window Fashions. This is an exciting development that will create significant opportunity for our company as we forge a stronger partnership with you, our valued customer.
Platinum Equity is an investment firm with a unique focus on business operations and they have made it clear that ensuring a seamless transition and maintaining the highest levels of customer service are top priorities. Our teams are now working through the transition and we will keep you informed of developments in the weeks ahead. Our immediate focus is to maintain normal operations with an emphasis on delivering quality products.
In the meantime, I thought it would be helpful to provide you with some background information about Platinum, its business approach, and some of the firm’s experience.
Platinum is a global acquisition firm headquartered in Los Angeles with principal offices in Boston, New York and London. Founded by financier Tom Gores and privately held, the firm has completed nearly 100 acquisitions with more than $27.5 billion in aggregate annual revenue at the time of acquisition.
The firm has consistently demonstrated its commitment to helping its portfolio of businesses deliver world-class products and services to a global customer base. Platinum operates companies in a broad array of business markets, including telecommunications, logistics, chemical manufacturing, steel services, industrial fastening systems and automotive aftermarket products.
Further information about Platinum Equity is available at platinumequity.com.
Thank you for your continued support of Prestige Window Fashions, especially during this past year’s challenging times. As we move forward, we will make every commitment necessary in building a long and productive relationship with you.
Should you have any questions, please contact your Account Executive who will be able to provide you with additional information.
Regards,
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Joel S Botwick
President
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