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Synopsis
Platinum Equity, a private equity firm, completed the $120m investment in Yak Access, a construction services company. Financial terms were not disclosed. "I continue to appreciate the unanimous support of Platinum Equity and our lenders, as well as the cooperation of Yak's vendors and customers throughout this process and the hard work of our employees. With ample liquidity from Friday's transaction, Yak is strongly positioned to capture burgeoning demand for its best-in-class services," Jonathan Duhon, Yak Access CEO.
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