PLATINUM EQUITY PORTFOLIO COMPANY L&R DISTRIBUTORS ACQUIRES SJ CREATIONS
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Friday, March 4, 2022
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LOS ANGELES and BROOKLYN, N.Y., March 4, 2022 /PRNewswire/ -- Platinum Equity portfolio company L&R Distributors announced today the acquisition of SJ Creations ("SJ") from the company's founders. Financial terms were not disclosed.
Key Points:
- LOS ANGELES and BROOKLYN, N.Y., March 4, 2022 /PRNewswire/ --Platinum Equity portfolio company L&R Distributors announced today the acquisition of SJ Creations ("SJ") from the company's founders.
- SJ Creations founders Sundi and Rich Yousko will remain involved with the business going forward.
- L&R CEO Marc Bodner said SJ Creations is a great fit for L&R.
- The SJ Creations acquisition represents the 12th buy-side transaction Platinum Equity's Small Cap team has completed in the last twelve months.