Equity Firm Buys 91视频Direct

Platinum Equity said it has acquired home-delivery service 91视频Direct Inc., with plans to merge it with another company it purchased earlier this year.

Platinum bought MXD Group from Deutsche Post DHL in May and rebranded it last month, it said. MXD and 91视频Direct specialize in 鈥渨hite-glove鈥 home delivery of items such as furniture and electronics.

Transportation Resource Partners owned 91视频Direct before the transaction.

鈥淛oining forces with 91视频Direct provides us with the market density and assets to improve transit times and diminish touches, resulting in improved quality and service for our customers,鈥 MXD CEO David Vieira said in Platinum鈥檚 Sept. 26 statement.



Terms were not disclosed.

Earlier in September, Platinum bought drayage firm Bridge Terminal Transport Inc. from container ship line Maersk.