Investment Summary

Platinum Equity Invests In R&B Wholesale Distributors

On February 4, 2025, private equity firm Platinum Equity invested in distribution company R&B Wholesale Distributors

Investment Highlights
  • This is Platinum Equity’s 13th transaction in the Distribution sector.
  • This is Platinum Equity’s 119th transaction in the United States.
  • This is Platinum Equity’s 18th transaction in California.

Investment Summary

Date 2025-02-04
Target R&B Wholesale Distributors
Sector Distribution
Investor(s) Platinum Equity
Deal Type Growth Capital
Advisor(s) Raymond James - Investment Banking (Financial)

Target

R&B Wholesale Distributors

Ontario, California, United States
R&B Wholesale Distributors is a distributor of major home appliances. R&B Wholesale Distributors was founded in 1968 and is based in Ontario, California.

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Investor(S) 1

Investor

Platinum Equity

Beverly Hills, California, United States

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 151 of 152
Sector (Distribution) 13 of 13
Type (Growth Capital) 5 of 5
State (California) 18 of 18
Country (United States) 119 of 119
Year (2025) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-04 Livingston International

Toronto, Ontario, Canada

Livingston International focuses on customs brokerage and trade compliance, offering international trade consulting, global trade management, and freight forwarding. Livingston International was founded in 1945 and is based in Toronto, Ontario.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-12 Heroux-Devtek

Longueuil, Quebec, Canada

Heroux-Devtek is a Canadian company serving the Aerospace market segment specializing in the design, development, manufacture repair, and overhaul of related systems and components. Héroux-Devtek supplies both the commercial and military sectors of the Aerospace segment with landing gear systems, including spare parts, repair and overhaul services, and airframe structural components. Héroux-Devtek was founded in 1942 and is based in Longueuil, Canada.

Buy -