Platinum Equity completed the acquisition of L&R Distributors.

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.