Platinum Equity Acquires Majority Interest in Keystone Automotive Operations, Inc.
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.”