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Announced

Completed

Platinum Equity completed the acquisition of Pelican Products from Behrman Capital.

Synopsis

Platinum Equity, a global investment firm, completed the acquisition of Pelican Products, a provider of high-performance protective cases and rugged gear for professionals and outdoor enthusiasts, and temperature-controlled supply chain solutions, from Behrman Capital, a private equity firm. Financial terms were not disclosed. "The Pelican brand is well known for its commitment to durability, safety, and superior product performance and innovation. We look forward to working with the company's management team and deploying our operational and M&A resources in support of the next phase of Pelican's growth and expansion," Matthew Louie, Platinum Equity Managing Director.

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