Platinum Equity Exits MARS Investment via Heat Controller Sale

The sale of Heat Controller marks Platinum Equity's final exit from its Motors & Armatures (MARS) investment portfolio. This follows a prior divestiture of the MARS parts division for $650 million in 2025.

“This sale marks Platinum Equity’s final exit from its Motors & Armatures investment, following a prior divestiture of the MARS parts division for $650 million in 2025.”

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