Platinum Equity Acquires Leaders Romans Group

EQT Holdings to Acquire Platinum Investment Management Limited

October 13, 2026

Financial Services

EQT Holdings entered into a conditional agreement to acquire all issued shares of Platinum Investment Management Limited from Platinum Asset Pty Limited, a wholly owned subsidiary of L1 Group, for nominal consideration. The acquisition is intended to expand Equity Trustees’ responsible-entity footprint and deepen its relationship with L1 Group; completion remains subject to customary conditions and regulatory requirements.

Platinum Equity Acquires Co-Controlling Stake in US LBM from Bain Capital

October 16, 2023

Building Products

Platinum Equity has signed a definitive agreement to acquire a co-controlling stake in US LBM from existing investor Bain Capital Private Equity, with Bain and Platinum holding equal ownership and joint board governance. US LBM will remain led by founder and CEO L.T. Gibson and will continue pursuing national expansion and strategic acquisitions to grow its specialty building materials distribution platform; financial terms were not disclosed.

Platinum Equity Acquires Majority Interest in The Cook & Boardman Group from Littlejohn

September 29, 2023

Building Products

Platinum Equity has signed a definitive agreement to acquire a majority interest in The Cook & Boardman Group from Littlejohn & Co., with Littlejohn remaining a significant minority shareholder. Cook & Boardman, based in Winston-Salem, North Carolina, is a leading distributor of commercial doors, frames, hardware and electronic security integration solutions with more than 70 locations across 21 states; Platinum Equity said it will support the company's continued growth and expansion in safety and security capabilities.

Leaders Romans Group (Bowmark-backed) Acquires Dewhurst Lettings, Portico, Thorgills and Orchards of London

November 23, 2021

Real Estate

Leaders Romans Group (LRG), backed by private equity firm Bowmark Capital, has acquired four UK residential estate and lettings agencies — Dewhurst Lettings, Portico, Thorgills and Orchards of London — as part of its ongoing buy-and-build expansion. The deals strengthen LRG’s presence across the South West and London and continue a long-running consolidation strategy following Bowmark’s investment.

Platinum Equity Acquires Petmate

September 15, 2021

Consumer Products

Platinum Equity has acquired Petmate, a longtime Arlington, Texas-based manufacturer and marketer of pet products, from Olympus Partners. Platinum Equity plans to support Petmate's organic growth and pursue additional M&A to broaden the company's product portfolio and accelerate expansion in e-commerce and retail channels; financial terms were not disclosed.

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.