Divestiture • Distribution

Platinum Equity Acquires Deluxe

On July 1, 2020, private equity firm Platinum Equity acquired distribution company Deluxe from Deluxe Entertainment Services Group

Acquisition Context
  • This is Platinum Equity’s 8th transaction in the Distribution sector.
  • This is Platinum Equity’s 87th transaction in the United States.
  • This is Platinum Equity’s 10th transaction in California.

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M&A Deal Summary

Date July 1, 2020
Target Deluxe
Sector Distribution
Buyer(s) Platinum Equity
Sellers(s) Deluxe Entertainment Services Group
Deal Type Divestiture

Target Company

Deluxe

Burbank, California, United States
Deluxe provides localization, mastering, distribution, platform and fulfillment services to the world’s leading content production studios. Deluxe is based in Burbank, California.
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Buyer Overview 1

Buyer

Platinum Equity

Beverly Hills, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 50.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Platinum Equity's headquarters in Beverly Hills, California.
Platinum Equity's headquarters in Beverly Hills, California.

Platinum Equity is a private equity firm focused on acquiring divestitures of larger public companies primarily in North America and Europe. Historically, Platinum targeted technology/software related businesses, however, the firm has since branched out beyond tech and will consider acquisitions in a broad range of industries including chemicals, communications, logistics, healthcare, automotive, industrial products, and business services. Platinum Equity was formed in 1995 by Tom Gores and is based in Beverly Hills, California.


Deal Context for Buyer #
Overall 110 of 156
Sector: Distribution 8 of 15
Type: Divestiture 52 of 59
State: California 10 of 14
Country: United States 87 of 121
Year: 2020 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-01 L&R Distributors

Brooklyn, New York, United States

L&R Distributors is a distributor of over 30,000 health & beauty care, general merchandise, and cosmetics products, serving over 17,000 points of distribution within the supermarket, drug, independent and mass classes trade across the United States. L&R Distributors was founded in 1956 and is based in Brooklyn, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-13 PrimeSource

Irving, Texas, United States

PrimeSource is a provider of construction fastening solutions and specialty branded hardware. The Company’s product offering spans more than 52,000 SKUs, including construction fasteners, cabinet knobs & pulls, functional hardware, insulation, roofing products, drawers, and organizers, among others. PrimeSource was formed in 1990 and is based in Irving, Texas.

Sell -

Seller Profile 1

SELLER

Deluxe Entertainment Services Group

Hollywood, California, United States

Category Company
Founded 1915
Sector Media
DESCRIPTION

Deluxe Entertainment Services Group Inc. is a worldwide entertainment services provider and includes the world's largest processor of film for the motion picture industry.


Deal Context for Seller #
Overall 1 of 2
Sector: Distribution 1 of 1
Type: Divestiture 1 of 2
State: California 1 of 2
Country: United States 1 of 2
Year: 2020 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-31 Sfera Studios

Santa Monica, California, United States

Sfera Studios LLC is a cloud based localization platform and distributed services firm. Sfera Studios LLC was established in 2011 and is headquartered in Santa Monica, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-06 Company 3

Santa Monica, California, United States

Company 3 LLC is a comprehensive post-production facility for features, commercials, and music videos. Company 3 offers solutions-based services ranging from color correction, Digital Intermediate (DI) and file-based workflows to visual effects and online services. Company 3 was formed in 1997 and is based in Santa Monica, California.

Sell -