April 13, 2021

Editor’s Note:The following is an excerpt of a news release distributed by Platinum Equity Monday from Los Angeles, California.This is the 3rd private equity takeover of headquartered Augusta companies in the last 90 days to include TaxSlayer and Recteq Grills. Platinum Equity announced today it has entered into a definitive agreement to acquire Club Car from Ingersoll Rand (NYSE:IR) in a transaction valued at approximately $1.7 billion. The acquisition, subject to standard closing conditions, is expected to be completed by the third quarter of 2021. Founded in 1958 and headquartered in Augusta, Georgia, Club