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Deal announced Dec 2024 Verified

Platinum Equity invests in Global, the Source and AmRad

Platinum Equity invested in Global, the Source and AmRad to form an integrated HVAC/R platform with MARS.

“Platinum Equity has made a strategic investment in Global, the Source, a master distributor of HVAC/R components, and its AmRad Manufacturing subsidiary, joining the company with Motors & Armatures (MARS) to form an integrated HVAC/R platform.”

Entities

Platinum Equity · Sponsor AmRad Manufacturing · Subsidiary Global, the Source · Platform Motors & Armatures (MARS) · Mentioned
HVACRefrigeration

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.