Platinum Group Buys Nordquist Sign

Platinum Group, a turnaround PE firm, has acquired Nordquist Sign Company, a designer and fabricator of signage, environment graphics and architectural elements. Equity financing for the deal was provided through the Platinum Group Holdings II fund. Tom Ahonen, managing partner of Platinum Group, will serve as the company's new CEO, while Kevin Yakes, an associate at Platinum Group, will serve as its new COO.