PLATINUM EQUITY INVESTS IN HVAC/R DISTRIBUTOR GLOBAL, THE SOURCEHow many SEC teams are actually in playoff contention? Just three teams in the league have two or fewer losses after a . Does that mean the SEC is down to just three playoff possibilities? Or does a three-loss team have a shot? We wouldn’t write off the three-loss teams. Especially Texas A&M. The Aggies can get an automatic berth with a win over Texas and a win over Georgia in the SEC title game. And both Alabama and Ole Miss have wins over Georgia. However, we think there will be just three SEC teams in the bracket in Tuesday’s set of College Football Playoff rankings. Here’s how we think the bracket will look after getting . The Ducks were off in Week 13 and are the only undefeated team remaining at the top level of college football. Texas got a win over a Kentucky team that couldn’t make the most of any opportunities it had. Quinn Ewers suffered an ankle injury in the win and the Longhorns hope it’s minor heading into that big matchup with the Aggies. Miami did what it needed to against Wake Forest. A win in Week 14 puts the Hurricanes in the ACC title game against SMU. Ashton Jeanty eclipsed the 2,000-yard mark but also suffered what appeared to be a left ankle injury. Jeanty was able to return to the game, however, and Boise State survived Wyoming’s upset bid for a 17-13 win. The Sun Devils are in the best position of any team tied atop the Big 12. Arizona State has the tiebreaker advantage over everyone else and is in the Big 12 title game with a win over Arizona. The Sun Devils should also be the highest-ranked Big 12 team in the rankings on Tuesday night. Ohio State will stay at No. 2 in the rankings after , but it is stuck with the No. 5 seed at the moment. The Buckeyes will get a rematch with the Ducks for the Big Ten title with a win over Michigan. The Hoosiers are the main beneficiary of the chaos in the SEC. Had Alabama and Ole Miss gotten wins, it’d be easy to see the committee dropping Indiana from the field this week. Instead, the Hoosiers have to feel really good about their chances. A win over Purdue should be enough for a playoff berth. We think Notre Dame could jump ahead of Penn State in the rankings after . The Irish are a very complete team at the moment and have a nine-game win streak after their stunning Week 2 loss to Northern Illinois. SMU should find itself in the field for the first time after an easy win over Virginia that clinched a spot in the ACC title game. SMU is also on a nine-game win streak since its Week 2 loss to BYU. Here’s a situation to ponder: Does SMU get in as an at-large team at 11-2 if it loses to Miami in the ACC title game? The Nittany Lions got out of Minnesota with a 26-25 win. Like Indiana, Penn State will feel great about its playoff chances with a win over Maryland in the regular-season finale. Don’t start thinking about a rematch between the Vols and Bulldogs just yet. This is probably going to change. Georgia has clinched a spot in the SEC title game and will play either Texas or Texas A&M on Dec. 7. There are still a range of seeds for the Bulldogs. Tennessee was the biggest playoff beneficiary of the losses in the SEC. After falling outside the bracket a week ago, the Vols are back in and should make the playoff with a win over Vanderbilt.
MONTREAL - Police say they’ve arrested several people following an anti-NATO protest that included two car fires and left some businesses with smashed windows. Montreal police say they made at least three arrests following a demonstration that began late afternoon Friday. Police say that during the march, smoke bombs were deployed, metal barriers were thrown into the street and windows of businesses and at the convention centre were smashed. Delegates from NATO member states and partner countries are in Montreal this weekend to discuss issues including support for Ukraine, climate change and the future of the alliance. The protest was planned by the groups Divest for Palestine and the Convergence of Anti-Capitalist Struggles, who did not immediately respond to requests for comment Saturday. Foreign Affairs Minister Mélanie Joly condemned the protests in a Saturday morning post on social media platform X, saying that “rioting is not peaceful protest and has no place in Montreal or anywhere in Canada.” “Those who spread hate and antisemitism, use violence, loot and destroy property must be condemned and held accountable,” she added. Police spokesperson Manuel Couture says the demonstrators were completely dispersed at around 7 p.m.MITCHELL — The Mitchell boys and girls basketball teams will host their annual "Meet the Kernels" intrasquad scrimmage on Saturday, Dec. 7, at the Christen Family Athletic Center on the campus of Dakota Wesleyan University. The event is free to the public, but the teams request that attendees bring a package of Gatorade or Powerade for athletes to use for road games later this season. ADVERTISEMENT A rolling schedule begins at 5 p.m. with the ninth-grade boys scrimmage, followed by the 10th and 11th grade boys scrimmage at 5:30 p.m. The varsity girls scrimmage is tentatively scheduled for 6:10 p.m., followed by the varsity boys scrimmage at 7:15 p.m. The MHS girls open the 2024-25 season on Friday, Dec. 13 hosting Vermilion at the Corn Palace. The Kernel boys will debut on Tuesday, Dec. 17 at Watertown, with their home opener taking place after three road games, a Saturday, Dec. 28 matchup against Orono (Minn.) at the Hoop City Classic at the Palace.
Interest in secondary passports for Americans has surged since Trump's reelection. Global citizenship firms said clients are especially concerned about LGBTQ+ rights and the economy. They also said that they often see spikes in interest around elections. has been on the rise over the last year — and global citizenship firms have reported another surge since Donald Trump's reelection. "We are beyond busy at the moment," Judi Galst, who manages global citizen firm Henley & Partners' New York office, told Business Insider the day after the election. Phone calls and online inquiries to the firm were "constant" on the morning after Election Day, she said. The firm said it saw a 392% increase in inquiries from US nationals during election week compared to the week prior. Other firms operating in the space, like that it received between 110 and 120 inquiries on the day following the election — about five times its typical number. Google searches for "secondary passports" spiked in the days after. Reaz Jafri is a New York-based immigration attorney at Withers and the CEO of citizenship consulting firm Dasein. He said that, in addition to wanting an option B, clients want to move their assets offshore. People are concerned about , and how that could impact the economy and the US dollar, he added. Leading up to the election, the firm helped a number of clients set up accounts in Europe and move assets offshore, which Jafri said can take about two months. "It's not to evade taxes or hide their money, it's just to keep it out of the reach of the US government," Jafri said, adding that clients want to ensure their wealth isn't held solely in US banks if restrictions are put in place. Jafri also said the election has raised concerns within the LGBTQ+ community. Since Trump's reelection, Jafri said he's had three same-sex couples reach out to him because of worries about what will happen with same-sex marriage. Another client, he said, had already been considering a secondary passport because he has a transgender child and is concerned about their rights under the new administration. Galst reported similar concerns from clientele. There has been a "sort of particular trauma in certain conversations" with people who are transgender or gay, Galst said, adding that she has not felt that in conversations with clients in the past. Micha-Rose Emmett, CEO of London-based citizenship consultancy firm CS Global Partners, said she's been in the industry for nearly 20 years and has been through a number of US elections. Elections, especially those since 2016, seem to be accompanied by "people getting anxious" about which political party is going to win and searching for alternatives, she told BI. "It peaks for a couple of weeks or maybe a couple of months and then everything goes back to normal," Emmett said. Concerns about a new administration impact people from both sides of the political spectrum. Leading up to the 2020 election, Jafri said there was an increase in interest from his clientele's Republican contingent. They were concerned about Elizabeth Warren or a similar candidate coming into the presidency and the impact it would have from "a tax policy point of view," he said. Emmett said during these surges, some people do end up going through with the application process. However, they've either been thinking about it for a while or there's an investment opportunity that coincides with the political situation, she said. For super high net worth individuals it's not purely a political decision," Emmett said. "I think there are a lot of other factors." require extensive paperwork and can cost a minimum of $200,000 per application, with the more expensive locations costing $1 million for a couple. They also don't happen overnight. Some programs can take two years to process applications. Galst said that many people seeking these passports are thinking about retirement and creating generational opportunities. Others are looking to diversify their assets. She said one client told her he spent $1 million on insurance — and this was another line item. "I don't agree with the headlines that everyone's leaving the United States," Galst said, adding that 90% of her clients don't want to leave the country, they just want an insurance policy. Galt said she anticipates a lot of conversations happening over Thanksgiving, especially since these decisions can impact a family. Read the original article onGlobal to join forces with Motors & Armatures; Philip Windham named CEO of growing HVAC/R platform LOS ANGELES , Dec. 6, 2024 /PRNewswire/ -- Platinum Equity announced today a significant investment in Global, the Source ("Global"), a leading master distributor of HVAC/R components, and its subsidiary AmRad Manufacturing LLC. The transaction marks Platinum Equity's second investment in the HVAC/R industry this year. In July, the firm invested in Motors & Armatures Inc. (MARS). Global and MARS, which have a longstanding history, will now join forces, helping strengthen the product and service offerings for both companies. Founded in 1982 and based in Universal City, Texas , Global is a leading master distributor of HVAC/R components such as capacitors, relays, transformers, contactors, disconnects, whips, and more. Global serves HVAC/R wholesalers throughout the United States. The company has vertically integrated design and manufacturing operations, including via its AmRad Manufacturing LLC subsidiary located in Palm Coast, Florida , which proudly manufactures USA -made capacitors and Turbo 200® products. MARS, based in Hauppauge, New York , is a leading distribution platform for HVAC/R parts, supplies and equipment in North America , and has been the exclusive sub-distributor for select Global products since 2012. "The partnership between MARS and Global is a natural one as both companies have worked together for decades," said Global Owner and President Dickie Sirotiak. "The investment from Platinum will allow us to introduce more products to market while continuing to maintain the outstanding service levels that both MARS and Global customers demand." In connection with the Global investment, Platinum Equity announced an integrated leadership structure for the combined platform: Sirotiak will remain president of Global and will continue to oversee operations in Texas and Florida . He and his family will also remain shareholders in the business. Philip Windham has been named CEO, overseeing MARS and Global. Windham joins from Nortek Global HVAC, where he served as President and CEO since 2016. Eddie Chernoff, who has served as president and CEO of MARS since 1982, will be transitioning to Executive Chairman, serving in an ongoing advisory capacity. "We are thrilled to welcome Global to our growing platform," said Chernoff. "This move brings together two great family-owned businesses and will strengthen our position as a category leader in electronic components for the HVAC/R aftermarket." Chernoff praised Windham as a great fit to lead the combined platform. "Philip brings 25 years of industry experience to the job," said Chernoff. "He is passionate about developing people and building high-performance teams. He has a customer-centric mindset and I'm confident he's the right leader to guide these businesses into their next phase of growth." Windham said he's excited about the new role. "Both the Sirotiak and Chernoff families have built impressive businesses over the past several decades, becoming true leaders in the HVAC/R industry," said Windham. "I am honored to continue their legacies and work with both teams to expand our reach within the industry." Platinum Equity expects to continue pursuing additional opportunities to invest in the industry. "We are optimistic about the prospects for growth in the sector and will work with MARS and Global to add more value for their customers," said Platinum Equity Co-President Jacob Kotzubei and Managing Director Dan Krasner in a joint statement. "We will partner with the leadership team to identify and pursue additional opportunities to diversify and increase scale, both organically and through strategic M&A." Financial terms of the Global investment were not disclosed. O'Melveny & Myers served as legal counsel to Platinum Equity and MARS. About Platinum Equity Founded in 1995 by Tom Gores , Platinum Equity is a global investment firm with more than $48 billion of assets under management and a portfolio of approximately 60 operating companies that serve customers around the world. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O ® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 28 years Platinum Equity has completed more than 450 acquisitions. Contact : Dan Whelan Platinum Equity [email protected] SOURCE Platinum EquityAwareness campaign to be intensified with digital technology: DC
PLATINUM EQUITY INVESTS IN HVAC/R DISTRIBUTOR GLOBAL, THE SOURCEOKEMOS — Even very good teams need a bounce or two to go their way to make it all the way to the promised land, but when every one goes in the opposite direction, it can end up being a long day. Related Articles High School Sports | Resilient St. Mary’s squad headed to Ford Field with 28-27 OT semifinal win over Groves High School Sports | PHOTOS: Football State Semifinals – Flat Rock vs Pontiac Notre Dame Prep High School Sports | Photo gallery from the Division 2 football semifinal between Orchard Lake St. Mary’s and Birmingham Groves High School Sports | Everest Collegiate completes unbeaten season, fends off OLL to repeat as D4 champs High School Sports | Photo gallery from Everest Collegiate vs. St. Joseph Our Lady of the Lake in the D4 volleyball state final None of the bounces in Saturday’s Division 1 semifinal went the way of the Rochester Adams Highlanders, who were outscored 20-0 in the second half, as No. 4-ranked Hudsonville rolled to a 27-7 win at Okemos High School. “I thought we got the fumble down there, on the first drive — it was clearly out. They didn’t see it. We’ve still got to make a stop. And then fumble on the one going in ... We had two of our top guys get hurt in the second quarter, and without those guys who have been so important for us all season, kind of threw our chemistry off on offense, a little bit,” Adams coach Tony Patritto said. “We didn’t make plays in second half, and they did. And, you know, it happens sometimes.” The Hudsonville Eagles (12-1) will take on Detroit Cass Tech (11-2) in the D1 finals at Ford Field next Saturday. The Technicians beat Detroit Catholic Central, 17-14, in the other D1 semifinal. For Adams (10-3), it was the first loss in seven games, since the Highlanders found themselves 4-2 after back-to-back road losses to Lake Orion and Oxford, by a total of four points, shunting them out of contention for the OAA Red title. The two teams went into halftime tied at 7-7, but it could’ve been a bit different, if a couple of those bounces had gone Adams’ way. Hudsonville ground out a 14-play drive to open the game, but one play before the capper, it appeared the Highlanders had forced a fumble. When the ball stayed with the Eagles, one play later, they punched it in with a 1-yard touchdown run by quarterback Griffin Baker, the first of four he accounted for on the day. After the Highlanders tied it at 7-7 on a 39-yard pass from Nolan Farris to Tommy Offer, the Highlanders had a chance to go up a score after stopping the Eagles on downs near midfield, with a 30-yard Farris run getting Adams into the red zone. But a fumble the other way gave the ball back to the Eagles on their own 1 — the same spot as the other miscue — and the half ended in a deadlock. Adams turned it over on downs at midfield to open the second half, and the Eagles used the short field to take a 14-7 lead on a 5-yard Baker run. On the final play of the third quarter, Hudsonville linebacker Ethan Carter got in the passing lane and tipped an interception to himself to set up another short field, and a 1-yard Baker TD run, making it 21-7 with 10:26 to play. After another Adams drive stalled on downs with 8:03 to go, Hudsonville took six minutes off the clock before scoring again on a 5-yard pass from Baker to Jack Wills on fourth-and-goal, making it 27-7 with 1:55 to go. The Adams offense spluttered much of the day, getting behind the sticks, and then in long down-and-distance plays, the Eagles would go to a ‘Radar’ defense, with no down linemen, bringing blitzers from all angles. “We saw it on film, watched it, and we felt really good about our game plan against it — and really didn’t cause any problems for us at all, to be perfectly candid. We just had breakdowns in offense in the second half against their regular defense, and that put us in third-and-long where they can do that,” Patritto said. “And then we, you know, clearly, we had some backups in trying to make plays. And I give our kids a credit, they didn’t quit, and our kids really grinded to the end.” Adams was looking for its third title-game appearance, and second in four seasons. This one may have been a bit less expected, though, considering that the Highlanders lost their starting quarterback to injury in that two-game midseason stretch. That’s why Patritto told the Highlanders “I love you to freakin’ death,” in the postgame meeting, after reminding them that they’d more than upheld the standard at Adams. “We’re picked to take second-to-last in our league. We don’t have any four- or five-stars. Our quarterback (Ryland Watters) goes down in the middle of the season. He’s just an amazing player and next-man-up mentality. But really, ultimately, it’s like no one cares who gets the ball. No one cares who gets the glory. What a pleasure to be around, because it’s so rare in today’s society. So you hit the nail right on the head. I’m so proud to be associated with these kids because they were selfless, and they didn’t care what people thought, and they just did their best to try to win,” Patritto said. “Honestly, that’s kind of the standard here. And I gotta give credit to the kids, the players that come to our program and have just kind of embraced that, and they’re the ones that carry it forward. So they’re all so memorable. I love these kids so much, but this is a special season.”