Platinum Equity to take majority stake in Italy's Trime

Platinum Equity signed a definitive agreement for a majority stake in Trime, an Italian manufacturer of mobile lighting towers, generators and security towers. The founder and management will reinvest. Terms were not disclosed, and closing is expected by early 2027.

Why it matters: Platinum aims to accelerate Trime's U.S. growth, citing infrastructure, data center and power generation demand.