Platinum Equity to Invest in Grand Appliance
Leading Midwest appliance distributor to join forces with Platinum-backed R&B Wholesale Distributors LOS ANGELES (Jul...
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July 01, 2026
Platinum Equity to Invest in Grand Appliance
Leading Midwest appliance distributor to join forces with Platinum-backed R&B Wholesale Distributors LOS ANGELES (July 1, 2026) – Platinum Equity today announced a definitive agreement to invest in Grand Appliance (“Grand”), a leading Midwest retailer and distributor of appliances and consumer electronics. Founded in 1930, Grand is a fourth-generation family-owned business built on trusted relationships, a commitment to service, and operational excellence. The company operates 31 retail locations and five distribution centers across Wisconsin, Illinois, Indiana and Iowa, servin...
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