News

Platform Partners Announces the Hiring of Jeremy Newsom

Platform Partners LLC (“Platform”) is pleased to announce the addition of Jeremy Newsom as Executive Vice President. Mr. Newsom will lead Platform’s initiative to invest in junior capital, including senior / preferred equity and subordinated debt with minority ownership in companies primarily located in the Southern U.S.
A seasoned investment professional with 17 years of banking and financial experience, Mr. Newsom joins Platform from Amegy Bank (“Amegy”),
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Platform Partners Completes Acquisition of Beneplace, LLC

AUSTIN, April 18, 2017 / PRNewswire / — Platform Partners LLC (“Platform”), a private company headquartered in Houston, announced that it completed the acquisition of Beneplace, LLC (“Beneplace”), a leading marketer and distributor of voluntary employee benefits and employee discount programs serving Fortune 1000 companies, large associations and government agencies.
Founded in 1995, Beneplace is one of the fastest-growing voluntary benefit companies and currently serves employers and institutions in the U.S.,
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Platform Partners Provides Follow-On Investment in SmartSky Networks

An investor syndicate organized by Platform Partners, LLC (“Platform”), WP Global Partners, Tiger Infrastructure Partners, and Meritage Funds (the “Investor Group”) announced on July 15th their follow-on investment in SmartSky Networks LLC (“SmartSky” or the “Company”).
Established in 2011, SmartSky is creating the first 4G-LTE based, Air-to-Ground communications network in the U.S. to provide next generation in-flight (or Wi-Fi) connectivity to the aviation industry.
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Platform Partners Completes the Sale of Evergreen Industrial Services to The Sterling Group

Houston, Texas – June 20, 2016 – Platform Partners, LLC (“Platform”), a private investment firm based in Houston, Texas, announced it has completed the sale of Evergreen Industrial Services (“Evergreen”) to funds managed by The Sterling Group. Headquartered in La Porte, TX, Evergreen is a leading provider of industrial cleaning solutions to the downstream and midstream energy sectors.
“Evergreen is a perfect example of Platform’s investment strategy – to partner with exceptional entrepreneurs to build industry leaders and create value for all the shareholders,” said Brad Morgan,
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Platform Exits Investment in Landmark Aviation

In February 2016, BBA Aviation acquired Landmark Aviation for $2.1 billion, culminating a successful, 10 year investment for Platform Partners in Landmark. This acquisition represented a major expansion of Signature Flight Support (Signature), a BBA Aviation company, and the world’s largest FBO network.
At exit, Landmark owned and operated 75 FBOs that were complementary to Signature’s existing network of 133 wholly owned and affiliate global locations.
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ALM First Financial Advisors Successfully Completes Ownership Transition

November 12th, 2015.  ALM First Financial Advisors, LLC is pleased to announce the recapitalization of the Company with financing provided by the ALM First management team and Platform Partners, LLC. Emily Hollis, ALM First’s current CEO and Founder, will continue to lead the company in partnership with the existing senior management team.
Emily Hollis, CEO, said, “We are excited to partner with Platform Partners at this important stage in ALM First’s history.
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Platform Partners Helps SmartSky Networks Take Off

An investor syndicate organized by Platform Partners, LLC (“Platform”), Tiger Infrastructure Partners, and Meritage Funds announced on October 23rd their investment in SmartSky Networks LLC (“SmartSky” or the “Company”).
Established in 2011, SmartSky is creating the first 4G-LTE based, Air-to-Ground communications network in the U.S. to provide next generation in-flight (or Wi-Fi) connectivity to the aviation industry. The Company intends to use the proceeds from this growth equity financing to conduct an end-to-end system demonstration on a multi-site network,
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