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

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.