Platinum Equity to acquire De Wave Group from Xenon Private Equity.

Platinum Equity agreed to acquire De Wave Group, a marine contractor that specializes in cruise ship interiors, from Xenon Private Equity, a lower mid-market private equity firm. Financial terms were not disclosed. "The company's exceptional design, engineering and technical capabilities, combined with its high quality standards and global reach, have led to impressive long-term customer relationships and a strong track record of growth," Louis Samson, Platinum Equity Partner.