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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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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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December 13, 2024

Platinum Equity Completes Acquisition of Polli, Italian Producer of Pasta Condiments and Vegetable Preserves

LOS ANGELES (December 13, 2024) – Platinum Equity announced today that the acquisition of a majority stake in F.lli Polli S.p.A. ("Polli"), a leading producer of pasta condiments and vegetable preserves, from affiliates of the founding Polli family has been completed.Financial terms of the transaction were not disclosed. The Polli family retained a minority stake in the business together with CEO Marco Fraccaroli, who will continue to lead the company.Founded in 1872, Polli is an Italian producer of pasta sauces, food in-oil, olives, pickles, and condiments to customers in over 50 countries,...

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December 06, 2024

Platinum Equity Invests in HVAC/R Distributor Global, The Source

Global to join forces with Motors & Armatures;  Philip Windham named CEO of growing HVAC/R platform LOS ANGELES (December 6, 2024) – 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 pro...

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December 02, 2024

Platinum Equity's Credit Team Leads Acquisition Financing for Branding Iron Holdings

LOS ANGELES (Dec. 2, 2024) – Platinum Equity announced today it provided financing to Branding Iron Holdings in connection with Kingswood Capital Management’s recent acquisition of the company. Branding Iron is a leading provider of branded and private label protein products, with a core focus on frozen and refrigerated ground meats. “We are pleased to provide Kingswood and Branding Iron an acquisition financing solution to support their long-term ambitions for the company. We know the business and the sector well and believe our industry experience makes us a valuable long-term pa...

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November 22, 2024

Centerfield Acquires Social Commerce Platform Brainjolt

LOS ANGELES, November 21, 2024 /PRNewswire/ -- Centerfield, a premier technology service for digital customer acquisition, today announced the acquisition of Brainjolt, a social commerce platform that curates and promotes products to its engaged audiences on Meta, Snap and TikTok. Centerfield's digital brands and proprietary platform, Dugout, engage in-market consumers and supercharge customer acquisition for leading brands in home services, insurance, business services, e-commerce, and many other categories. With Brainjolt, Centerfield adds social commerce capabilities to drive additional ...

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