Platinum Equity reports that it has acquired a majority interest in Keystone Automotive Holdings, Inc.

The press release is quoted as saying,

“Keystone has a strong management team, dedicated employees and an unparalleled distribution network,” said Jacob Kotzubei, partner, Platinum Equity, who led the team pursuing the Keystone acquisition. ”With a restructured balance sheet, ample liquidity and the added support of Platinum’s operations team and M&A resources, Keystone is now well positioned for growth and long-term success.”

For the complete press release, click here.