M&A Deal Summary

Platinum Pari-Mutuel Group Acquires TBX Group

On September 21, 2016, Platinum Pari-Mutuel Group acquired electrical equipment company TBX Group

Acquisition Highlights
  • This is Platinum Pari-Mutuel Group’s 1st transaction in the Electrical Equipment sector.
  • This is Platinum Pari-Mutuel Group’s 1st transaction in the United States.
  • This is Platinum Pari-Mutuel Group’s 1st transaction in Texas.

M&A Deal Summary
Date 2016-09-21
Target TBX Group
Sector Electrical Equipment
Buyer(s) Platinum Pari-Mutuel Group
Deal Type Add-on Acquisition

Target

TBX Group

Houston, Texas, United States
TBX Group, Inc. is a provider of vehicles as well as heavy construction equipment for export. Procurements of all kinds and shipping to any destination in the world.

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Buyer(S) 1

Buyer

Platinum Pari-Mutuel Group

Reno, Nevada, United States
Category Company
Founded 2011
Sector Software
DESCRIPTION

Platinum Pari-Mutuel Group, Inc. is a software development company specializing in development of an online experience designed to enable users to follow and share information regarding the fast paced global financial marketplace and to compete against each other in a traditional racing format.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
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