Oct 1, 2023ACQUISITIONUnited States Bain Capital sells stake in US LBM to Platinum Equity
Bain Capital Private Equity agreed to sell a stake in US LBM, a specialty building materials distributor, to Platinum Equity, giving both firms equal ownership. The transaction is expected to close by Q1 2024.
Productsspecialty building materials
“Bain Capital and Platinum Equity will have equal ownership stakes and joint board governance.”kirkland.com
- 5 sources
- kirkland.comKirkland Advises Bain Capital Private Equity and US LBM on Sale of Stake in US LBM to Platinum Equity | News | Kirkland & Ellis LLPOct 1, 2023
- news.uslbm.comUS LBM ANNOUNCES JOINT OWNERSHIP AGREEMENT WITH BAIN CAPITAL PRIVATE EQUITY AND PLATINUM EQUITYOct 16, 2023
- whbl.comKohler Energy Agrees to Acquisition by Platinum Equity | 1330 & 101.5 WHBLKevin ZimmermannNov 6, 2023
- bloomberg.comKohler Announces Kohler Energy Unit, With Platinum Equity as Majority Partner - BloombergKiel Porter, Gillian Tan, Ryan GouldNov 6, 2023
- news.bloomberglaw.comPlatinum Equity Agrees to Buy Kohler’s Generators Division
Summarized from public sources; check the original articles before acting on it.