Platinum Equity’s Acquisition Of Livingston International


Simpson Thacher is representing Livingston International Inc. (Livingston) in its announced sale to Platinum Equity (Platinum). The financial terms of the transaction have not been disclosed.

The transaction is expected to close in the first half of 2019, subject to satisfaction of customary closing conditions.

Founded in 1945, Livingston is an international trade-services firm based in Toronto, Ontario, Canada, which specializes in customs brokerage, freight forwarding and trade consulting. It is Canada’s largest customs broker and the third-largest entry filer in the United States. Founded in 1995, Platinum is a global investment firm with approximately $13 billion of assets under management.

Livingston International focuses on customs brokerage and trade compliance, offering international trade consulting, global trade management and freight forwarding. It provides clarity in a world of trade complexity, so businesses can grow further, faster and smarter. Livingston employs approximately 3,200 associates at more than 100 key border points, sea ports, airports and other strategic locations across North America, Europe and Asia.

The Simpson Thacher team includes Michael Wolfson (Picture), James Parry and Christopher Scavone (M&A); Andrew Blau, Eric Wolf and Aria Mahboubi (ECEB); Nancy Mehlman, Jodi Schneider and Pierce Pandolph (Tax); Adam Shapiro, Ryan Bekkerus and Benjamin Heriaud (Credit); Lori Lesser and Alysha Sekhon (IP); Krista McManus (Real Estate); Peter Guryan, Ellen Frye and Nathaniel Bronstein (Antitrust); Adeeb Fadil and Noreen Lavan (Environmental); and Steven DeLott (Insurance).

Involved fees earner: Ryan Bekkerus – Simpson Thacher & Bartlett; Andrew Blau – Simpson Thacher & Bartlett; Nathaniel Bronstein – Simpson Thacher & Bartlett; Steven DeLott – Simpson Thacher & Bartlett; Adeeb Fadil – Simpson Thacher & Bartlett; Ellen Frye – Simpson Thacher & Bartlett; Peter Guryan – Simpson Thacher & Bartlett; Benjamin Heriaud – Simpson Thacher & Bartlett; Noreen Lavan – Simpson Thacher & Bartlett; Lori Lesser – Simpson Thacher & Bartlett; Aria Mahboubi – Simpson Thacher & Bartlett; Krista McManus – Simpson Thacher & Bartlett; Nancy Mehlman – Simpson Thacher & Bartlett; James Parry – Simpson Thacher & Bartlett; Christopher Scavone – Simpson Thacher & Bartlett; Alysha Sekhon – Simpson Thacher & Bartlett; Eric Wolf – Simpson Thacher & Bartlett; Michael Wolfson – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Livingston International;

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Author: Ambrogio Visconti