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New Deal


Announced

Completed

Platinum Equity completed the acquisition of L&R Distributors.

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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Acquisition

Friendly

general distributor

Private

Single Bidder

Majority

Private Equity

wholesale distribution

United States

Diversified Retailers

Completed

Synopsis

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Platinum Equity, a private equity firm, completed the acquisition of L&R Distributors, a wholesale distributor of consumer products. Financial terms were not disclosed. "Platinum is the perfect partner to help us take L&R to the next level. Platinum has a lot of experience in the distribution space and a well-defined playbook for helping companies like ours maximize their potential," Marc Bodner, L&R Distributors CEO.

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