MidOcean Partners vs Platinum Equity

MidOcean Partners Expands Credit Team with Key New Hires

Addition of these professionals provides further expertise across credit investing, trading and CLO operations

Platinum Navigates Challenging Four-Year Path to Create Value in Unical Aviation Exit

Platinum Equity detailed the operational transformation and exit of aircraft-parts supplier Unical Aviation to Satair following a four-year turnaround. Acquired in 2021, Unical was restructured through modern ERP and auto-quoting systems, relocation to Arizona, an add-on acquisition of ecube, and an 80 to 90 million dollar investment in Airbus NEO teardowns. The combined business achieved 298 million dollars in 2024 revenue across seven international sites before completing the divestiture earlier in the year.

• Platinum Equity acquired Unical Aviation in 2021 and finalized its divestiture to Satair earlier in 2026.
• Unical relocated between 600,000 and 700,000 square feet of inventory and approximately 95 million parts from California to Arizona during the turnaround.
• Automated quoting software doubled Unical's monthly response volume and generated approximately $2.5 million per month in revenue without human intervention.

Platinum Equity Navigates Challenging Four-Year Path to Create Value in Unical Aviation Exit

Platinum Equity has detailed the operational turnaround and successful divestiture of aircraft parts supplier Unical Aviation to Satair following a four-year holding period. Acquired in 2021, Unical underwent extensive modernization, including an ERP overhaul, automated quoting systems, facility relocation, and the strategic add-on of ecube. Across seven operational sites globally, Unical and ecube reported a combined 2024 revenue of $298 million with more than 400 employees.

• Platinum Equity acquired Unical Aviation in 2021 and subsequently divested it to Satair earlier in 2026.
• Unical and strategic add-on ecube generated a combined 2024 revenue of $298 million across seven sites in North America, Spain, and the UK with over 400 employees.
• The operational turnaround included deploying an automated quoting system that doubled quote response capacity and generated roughly $2.5 million monthly without human intervention.

Platinum Equity Completes Sale of Global Environmental Services Business Urbaser to Blackstone and EQT for $6.6 Billion

Platinum Equity announced on September 22, 2026 that it has completed the sale of Urbaser, a Madrid-based global environmental infrastructure platform, to Blackstone and EQT in a transaction valued at approximately $6.6 billion (€5.6 billion). Platinum Equity had acquired Urbaser in October 2021 from China Tianying Inc. for about $4.2 billion (€3.5 billion) and retained Urbaser's Argentina waste management business as part of the deal. The sale follows a multi-year transformation involving €1.6 billion of investment, 20 add-on acquisitions, and 13 divestitures.

• Platinum Equity completed the sale of Urbaser to Blackstone and EQT on September 22, 2026 for approximately $6.6 billion (€5.6 billion).
• Urbaser is headquartered in Madrid, Spain, serves more than 60 million people globally, and provides municipal and industrial waste collection, management, and treatment services.
• Platinum Equity originally acquired Urbaser in October 2021 from China Tianying Inc. for approximately $4.2 billion (€3.5 billion).