Platinum Equity To Acquire Club Car From Ingersoll Rand For $1.7 Billion
LOS ANGELES, April 12, 2021 /PRNewswire/ — Platinum Equity announced today it has entered into a definitive agreement to acquire Club Car from Ingersoll Rand (NYSE:IR) in a transaction valued at approximately $1.7 billion. The acquisition, subject to standard closing conditions, is expected to be completed by the third quarter of 2021. Founded in 1958 and headquartered in Augusta, Georgia, Club Car
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