Platinum Equity Acquires E&A Scheer (and The Main Rum Company) from The Riverside Company

The Riverside Company Acquires E&A Scheer (Premium Rum Blender)

February 18, 2019

Food & Beverage

The Riverside Company has completed a control investment in E&A Scheer, the Amsterdam-based global blender and bulk supplier of premium rum. Riverside will support Scheer's international growth and leverage its relationships and inventory to accelerate expansion into premium and craft rum segments.

Platinum Equity Acquires L&R Distributors

July 1, 2020

Logistics & Distribution

Platinum Equity has acquired L&R Distributors from affiliates of the company's founders. L&R, a Brooklyn-headquartered wholesale distributor and e‑commerce fulfillment operator serving over 17,000 U.S. retail locations, will continue to be led by CEO Marc Bodner under Platinum Equity ownership as the firm looks to scale the business through organic growth and strategic M&A.

Alto Ingredients Acquires Eagle Alcohol Company

January 14, 2022

Manufacturing

Alto Ingredients, Inc. acquired Eagle Alcohol Company LLC, a St. Louis-based distributor of specialty alcohols, in a transaction announced January 2022. The deal (closed Jan. 14, 2022) was funded with cash on hand for a base purchase price of $14.0 million plus an estimated $1.3 million working capital adjustment and includes up to $14.0 million of contingent consideration; Alto said the acquisition is immediately accretive and expected to increase Adjusted EBITDA by $7–9 million annually.

Platinum Equity Acquires Majority Interest in Kohler Energy from Kohler Co.

November 6, 2023

Energy

Platinum Equity has closed the transaction to acquire a majority interest in Kohler Energy from Kohler Co., establishing Kohler Energy as an independent, standalone business. Kohler Co. remains an investment partner, Brian Melka will serve as CEO and David Kohler will sit on the board; financial terms were not disclosed. Platinum Equity said it will invest in growth and operational initiatives to accelerate Kohler Energy's position in the global energy resilience market.

Platinum Equity Acquires Sunrise Medical from Nordic Capital

October 16, 2024

Medical Devices

Platinum Equity has signed a definitive agreement to acquire Sunrise Medical Group, a Germany-headquartered global manufacturer and distributor of assistive mobility products, from Nordic Capital. The buyout (expected to close in Q3 2024) positions Platinum to pursue a buy-and-build strategy to expand Sunrise's geographic footprint—particularly in North America—and to accelerate product and operational investments.

Platinum Equity Acquires De Wave Group

October 30, 2019

Manufacturing

Platinum Equity has acquired De Wave Group from Xenon Private Equity. Headquartered in Genoa, Italy, De Wave is a marine contractor specializing in cruise ship interiors (new build and refit) with facilities in Italy, Poland, Singapore and the United States; Platinum Equity said it will support organic growth and pursue prospective acquisitions to expand the company's product offering and capabilities.