Posttranslational histone modifications serve critical roles in gene regulation by determining the functional status of chromatin. Histone‐modifying enzymes often work in large multiprotein complexes. A paper in this issue of The EMBO Journal describes a new chromatin‐modifying complex called PEAT that acts via histone deacetylation. The PEAT complex is involved in heterochromatin formation and gene repression but also appears to have a locus‐specific activating role, possibly through promoting histone acetylation.