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New Deal


Announced

Completed

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

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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Domestic

United States

Private

Private Equity

Friendly

Majority

Single Bidder

Acquisition

Containers and Packaging

Completed

protective case

Synopsis

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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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