Platinum Equity Acquires Livingston International

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.

Purolator Acquires Livingston International from Platinum Equity

February 4, 2025

Logistics & Distribution

Purolator, Inc. has acquired Livingston International, a Toronto-headquartered customs brokerage, freight forwarding and trade consulting firm, from Platinum Equity. Financial terms were not disclosed; Livingston (founded 1945) employs roughly 2,700 people and is Canada’s largest customs broker. Platinum Equity acquired Livingston in 2019 and has overseen a multi-year transformation of the business.

Palladium Equity Partners Acquires Majority Stake in Source Logistics

November 2, 2023

Logistics & Distribution

Palladium Equity Partners has acquired a majority stake in Source Logistics, a City of Industry, California-based 3PL provider serving Hispanic food & beverage and consumer goods brands. Palladium will invest alongside the company's founders, who will remain in leadership, and plans to support growth through organic investment and add-on M&A while leveraging Source Logistics’ 12 facilities and more than 2.3 million square feet across four states.

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 Ingram Micro for $7.2 Billion

July 7, 2021

Transportation

Platinum Equity completed the acquisition of Ingram Micro Inc. from HNA Technology Co., Ltd. The buyout, announced July 2021, values the world’s largest technology distributor at $7.2 billion enterprise value and positions Platinum to accelerate Ingram Micro’s cloud, logistics and solutions strategies while providing financial and operating support for growth initiatives.

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.