Platinum Equity to acquire XD Connects from Rivean Capital.

Platinum Equity, a private equity firm, agreed to acquire XD Connects, a designer and value-added supplier of corporate gifts and custom-branded merchandise from Rivean Capital. Financial terms were not disclosed. "Platinum Equity has a lot of experience helping companies build scaled, resilient B2B services and distribution platforms. This investment aligns with our M&A&O® playbook of partnering with strong operators and supporting the next phase of their development through operational excellence and transformative M&A. XD Connects is a highly strategic addition to our investment in the European custom-branded merchandise space that helps create a differentiated platform in a fragmented market with significant opportunities for growth," Louis Samson, Platinum Equity Co‑President.