Taft Advises Grand Appliance on Investment by Platinum Equity
Taft is pleased to have served as legal counsel to Grand Appliance in connection with Platinum Equity’s investment in the company.
As part of the transaction, Grand Appliance will enter into a strategic partnership with R&B Wholesale Distributors, a Platinum Equity portfolio company and leading West Coast-based appliance distributor. The combination brings together complementary businesses with established regional footprints, delivery and installation capabilities, and a shared focus on customer service.
Founded in 1930 and family-owned for four generations, Grand Appliance is a leading Midwest retailer and distributor of appliances and consumer electronics. The company operates 31 retail locations and five distribution centers across Wisconsin, Illinois, Indiana, and Iowa, serving retail, builder, contractor, and e-commerce customers.
Read the release here.
Taft’s deal team included Payal Keshvani, Hannah Schuppner, LeRoy Ricksy, and Jackson Willenborg.
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