December 14, 2020

Beverly Hills-based Platinum Equity has announced plans to acquire Irvine-based Ingram Micro Inc. in a deal valued at $7.2 billion. The private equity giant will purchase Ingram — a major electronics distributor — from a subsidiary of Chinese aviation and shipping conglomerate HNA Group Co. Ltd. The deal is expected to close sometime in the first six months of 2021, according to Platinum Equity.

December 7, 2020

Preview Nesco entered into a definitive agreement to acquire Custom Truck One Source (CTOS) for a purchase price of $1.475 billion. Nesco and CTOS are providers of specialized truck and heavy equipment solutions, including rental, sales and aftermarket parts and service.