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New Deal


Announced

Completed

Platinum Equity completed the acquisition of Livingston International from Sterling Partners and CPPIB.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Financial Data and Systems

trade services

Canada

Acquisition

Single Bidder

trade-services

Private

Private Equity

Completed

Cross Border

Majority

Friendly

Synopsis

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Platinum Equity, a private equity firm, completed the acquisition of Livingston International, an international trade-services firm, from private equity firms Sterling Partners and Canada Pension Plan Investment Board. Financial terms were not disclosed. “Livingston has served as a critical partner to businesses around the world as they react and adapt to changes in the global trade environment. We are excited about the possibilities that lie ahead and look forward to benefiting from Platinum’s dedicated resources and counsel as we continue to focus on providing best-in-class brokerage, freight forwarding and trade management solutions," Dan McHugh, Livingston International CEO.

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