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Press Releases • February 04, 2025

Platinum Equity Invests in R&B Wholesale Distributors

Leading regional home appliance distributor looking to expand its reach Transaction extends momentum of Platinum Equity’s Small Cap team LOS ANGELES (February 4, 2025) – Platinum Equity announced today a significant investment in R&B Wholesale Distributors, Inc., a leading distributor of home appliances in the southwestern United States. Financial terms of the transaction were not disclosed. Headquartered in Ontario, California, R&B was founded in 1968 by Bob Burggraf and is a leading distributor of major home appliances in California, Arizona, Nevada, and New Mexico. ...

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Press Releases • February 04, 2025

Platinum Equity Sells Livingston to Purolator

North American full-service customs brokerage firm divested following multi-year transformation campaign Platinum Equity to continue pursuing opportunities to expand its portfolio of Canadian investments LOS ANGELES (February 4, 2025) – Platinum Equity announced today the sale of Livingston International, an international trade services firm specializing in customs brokerage, freight forwarding and trade consulting, to Purolator, Inc., a leading integrated freight, package and logistics solutions provider. Financial terms of the transaction were not disclosed. Established in 1945...

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