Platinum Equity Completes Acquisition of Tangent Technologies
On July 31, 2026, Platinum Equity announced the completion of its acquisition of Tangent Technologies. Based in Aurora, Illinois, Tangent is a leading manufacturer of high-performance synthetic materials used across outdoor living, marine, decking, fencing, and infrastructure markets. The company's products are made from recycled feedstock and offer durability, low maintenance, and aesthetic appeal as alternatives to traditional building materials. Tangent operates with a vertically integrated manufacturing platform that includes significant recycling capabilities, supporting sustainability initiatives while enabling cost efficiency. Its R&D efforts have led to the development of valuable intellectual property, including an exclusive patented woodgrain product line combining synthetic performance with natural aesthetics. Gibson, Dunn & Crutcher LLP and Alston & Bird LLP provided legal and financing counsel for Platinum Equity on this transaction. Platinum Equity is a global investment firm founded in 1995 by Tom Gores, managing approximately $48 billion across around 60 operating companies globally.
Topics: acquisition manufacturing sustainability