M&A Deal Summary

Platinum Equity Acquires Mad Engine

On January 4, 2021, private equity firm Platinum Equity acquired apparel/textiles company Mad Engine

Acquisition Highlights
  • This is Platinum Equity’s 2nd transaction in the Apparel/Textiles sector.
  • This is Platinum Equity’s 92nd transaction in the United States.
  • This is Platinum Equity’s 13th transaction in California.

M&A Deal Summary
Date 2021-01-04
Target Mad Engine
Sector Apparel/Textiles
Buyer(s) Platinum Equity
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Lincoln International (Financial)
Buchalter (Legal)

Target

Mad Engine

San Diego, California, United States
Mad Engine is a full-service, global apparel, and accessories company that creates, designs, produces, and distributes a full range of licensed, private label, and branded products. Mad Engine LLC was founded in 1987 and is based in San Diego, California.

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Buyer(S) 1

Buyer

Platinum Equity

Beverly Hills, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1995
PE ASSETS 48.0B 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 STATS #
Overall 115 of 148
Sector (Apparel/Textiles) 2 of 4
Type (Buyout (LBO, MBO, MBI)) 15 of 21
State (California) 13 of 17
Country (United States) 92 of 116
Year (2021) 1 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-22 Compart Systems Pte

Singapore, Singapore

Compart Systems Pte Ltd. is a provider of high-precision, machined metal components including valves, fittings, sensors, and related components, for semiconductor, medical equipment, and other industries. Compart Systems Pte Ltd. is based in Singapore.

Sell $398M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-01 Interior Logic

Irvine, California, United States

Interior Logic is a provider of outsourced design center and installation services to homebuilders for new housing construction, including flooring, cabinets, countertops, other home finishes, as well as repair and remodel services to multi-family property owners. Interior Logic Group is based in Marietta, Georgia.

Sell $1.6B
Mergr

Product

Company

Legal