Platinum Equity to buy Livingston International
Summary
LOS ANGELES, Feb. 21, 2019 (GLOBE NEWSWIRE) — Platinum Equity announced today it has signed a definitive agreement to acquire Livingston International. Livingston is an international trade-services firm based in Toronto, Ontario, Canada, which specializes in customs brokerage, freight forwarding and trade consulting. “Livingston has a unique business model and offers a compelling value proposition in the transportation and logistics sector,” said Platinum Equity Principal Jason Price. “With Platinum’s support, we will continue to execute on our customer-centric growth strategy, which focuses on offering best-in-class customs brokerage, trade compliance and logistics services to more than 30,000 businesses in the U.S., Canada and around the world.” 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.