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New Deal


Announced

Completed

Platinum Equity completed the acquisition of the distribution business of Deluxe Entertainment.

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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Domestic

Private

Single Bidder

United States

entertainment retailer

Acquisition

Friendly

Entertainment

Private Equity

Majority

Disposal

Completed

Synopsis

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Platinum Equity, a private equity firm, completed the acquisition of the distribution business of Deluxe Entertainment, an American content creation company. Financial terms were not disclosed. "Platinum is an excellent home for Deluxe and this investment represents a strong commitment to our history and to the entertainment industry at a critical time in our business. With Deluxe as part of the Platinum family, the company will have the support it needs to move into ever more innovative ways to serve the creative community," Cyril Drabinsky, Deluxe Distribution CEO.

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