Platinum Equity seeks buyer for Keystone Automotive-sources

Newswire

By Soyoung Kim and Greg Roumeliotis NEW YORK, Jan 29 (Reuters) - Private equity firm Platinum Equity is exploring a sale of Keystone Automotive Operations, which makes specialty auto parts such as grill guards, roof racks and superchargers that make cars faster and sleeker, three sources familiar with the matter said. Platinum Equity, which acquired Keystone through an out-of-court debt restructuring in 2011, has hired investment banks Baird and UBS to run a sale process that ...

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