Platinum Equity Restructures Elcoteq Debt
Platinum Equity, the Los Angeles-based private equity firm, struck a deal to provide debt funding and additional equity to Elcoteq. Specifics on the transaction were not publicized. Elcoteq and Platinum are also negotiating about further debt financing amounting to up to 80 million euros. Elcoteq's electronic manufacturing segment provides engineering, manufacturing and demand & supply services.
30 June 2011•3 mins read
