Platinum Equity Acquires Deluxe Entertainment's Distribution Business

Deluxe Acquires Sony New Media Solutions (Sony NMS)

April 1, 2021

Media & Entertainment

Deluxe has acquired Sony New Media Solutions (Sony NMS), a subsidiary of Sony Electronics Inc., in a transaction to combine digital media supply chain platforms and capabilities. Terms were not disclosed; Deluxe — backed by Platinum Equity — will integrate NMS into its portfolio to expand distribution, localization and cloud-based media services for studios and streaming platforms.

Deluxe Media Inc. Acquires Post Haste Digital

January 30, 2022

Media & Entertainment

Deluxe Media Inc., backed by Platinum Equity, acquired Post Haste Digital to expand its English dubbing capacity and broaden mastering and audio services amid growing demand for localized content. The acquisition adds three operating facilities in Los Angeles/Burbank and multiple dubbing and mixing stages to Deluxe's existing global localization footprint.

Platinum Equity Acquires Pelican Products

December 31, 2021

Manufacturing

Platinum Equity has completed its acquisition of Pelican Products, a Torrance, California-based manufacturer of high-performance protective cases, portable lighting systems and temperature-controlled packaging (Peli BioThermal). The deal, purchased from Behrman Capital, positions Pelican as a platform for growth under Platinum Equity with management, led by CEO Phil Gyori, remaining in place; financial terms were not disclosed.

Platinum Equity Acquires Cision Ltd. for $2.7B

January 31, 2020

Cloud & SaaS

Platinum Equity, through an affiliate, completed an all-cash acquisition of Cision Ltd. for approximately $2.7 billion. Cision, a provider of earned-media software and services, will become a privately held company as Platinum Equity plans to invest in product development, customer experience and operational improvements.

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.

Management-Led Investor Group Acquires DolEx Dollar Express from Palladium Equity Partners

January 27, 2020

Financial Services

Palladium Equity Partners has completed the sale of the parent company of DolEx Dollar Express, Inc. to a group of investors that includes company management. DolEx, a Duluth, Georgia-based provider of remittance and retail financial services operating roughly 525 branches and over 2,700 agent locations across the U.S., Puerto Rico, U.S. Virgin Islands and Europe, was sold with terms undisclosed; Stephens Inc. advised DolEx while Advanced Capital Partners advised the acquiring investors.