Platinum Equity completed the acquisition of a majority stake in Mad Engine.

Platinum Equity, a private equity firm, completed the acquisition of a majority stake in Mad Engine, an apparel and accessories printing company. Financial terms were not disclosed. "From its roots as a small, narrowly focused company in San Diego, Mad Engine has grown into one of the world's leading providers of apparel and a trusted partner to many of the world's most iconic brands. The company is a well-established, scalable platform operating in a highly fragmented industry, which creates a perfect opportunity to continue investing in and growing the business. We have great respect for everything Mad Engine has accomplished and our team is excited to help maximize the company's potential," Jacob Kotzubei, Platinum Equity Partner.