Platinum Equity acquires Infratech in industrial services deal
What's the deal? Platinum EquityDealroom has a profile for this one. Try Dealroom →, the Beverly Hills-based private equity firm, has announced the acquisition of InfratechDealroom has a profile for this one. Try Dealroom →. Details on the financial terms of the transaction were not disclosed.
The deal adds Infratech's infrastructure and technology services to Platinum Equity's portfolio of operationally focused businesses.
The signal: Platinum Equity, classified as an investment fund on Dealroom, has long focused on acquiring and operationally improving businesses across industrial verticals. With Infratech listed as an early-growth-stage company, the deal fits a familiar PE playbook — targeting sub-scale industrial services firms with room for operational optimisation and bolt-on expansion as infrastructure spending accelerates.
Read more: prnewswire.com