Private Equity Firm Closes on Livingston International Purchase
Private equity investor Platinum Equity completed its previously announced purchase of Livingston International (see 1902210017), Platinum said in a May 2 news release. Livingston "is the largest pure-play customs brokerage in North America and boasts the widest presence along America's…
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northern border," Platinum said. "It is also the third-largest customs entry filer in the United States. The company serves as a trusted adviser to more than 30,000 businesses globally, facilitating the completion and transmission of customs documentation and ensuring goods are cleared through international borders seamlessly and expediently." Terms of the deal weren't released.