Announced
Completed
Financials
Tags
Financial Data and Systems
trade services
Canada
Acquisition
Single Bidder
trade-services
Private
Private Equity
Completed
Cross Border
Majority
Friendly
Synopsis
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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