Platinum Equity’s Acquisition of L&R Distributors

O’Melveny & Myers LLP advised Platinum Equity on the deal.

Platinum Equity completed its acquisition of of L&R Distributors, a growing wholesale distributor of consumer products servicing more than 17,000 retail locations throughout the United States.

L&R operates three distribution centers in Arkansas, California, and New Jersey and specializes in large SKU-count categories such as cosmetics, hair care products, stationary, office supplies, and toys.

Platinum Equity is a global investment firm with approximately $23 billion of assets under management and a portfolio of approximately 40 operating companies that serve customers around the world.

The O’Melveny team advising Platinum Equity was led by David Smith (Picture) and included Nick Loukides, Jeff Kohn and Scott Gleason.

Involved fees earner: Scott Gleason – O’Melveny & Myers LLP; Jeffrey Kohn – O’Melveny & Myers LLP; Nick Loukides – O’Melveny & Myers LLP; David Smith – O’Melveny & Myers LLP;

Law Firms: O’Melveny & Myers LLP;

Clients: Platinum Equity, LLC;

Author: Ambrogio Visconti