Platinum Equity Acquires Deluxe Distribution Business
Platinum Equity today announced the acquisition of Deluxe Entertainment Services’ distribution business. Financial terms were not disclosed. Deluxe Entertainment's creative businesses are not included in the acquisition. Former Deluxe CEO Cyril Drabinsky, who left the company in 2016 to found CineVizion, is returning to lead the business as CEO under Platinum Equity's ownership. As part of the transition, CineVizion's assets will be integrated into Deluxe.