Platinum Equity has acquired R&B, a prominent appliance distributor, to enhance its operational capabilities and expand its market presence while ensuring the Burggraf family's continued leadership.

Target Overview

R&B is a prominent company in the appliance distribution industry, recognized for its extensive selection of appliance brands. The company focuses on providing a diverse range of kitchen and laundry products, which includes refrigerators, ranges, dishwashers, as well as washers and dryers. R&B primarily operates through dealer, builder, and property management channels, catering to multi-family, single-family, and light commercial markets.

With an impressive 57-year history, R&B has cultivated a diversified business model that presents further opportunities for expansion and increased market presence. Platinum Equity Co-President Jacob Kotzubei acknowledged the Burggraf family's achievements and emphasized the company's entrepreneurial spirit, which positions R&B favorably for future growth. Platinum Equity is committed to enhancing the company’s operational efficiency while maintaining its founder-led culture.

Industry Overview

The appliance distribution sector is critical in today's fast-evolving marketplace, characterized by a growing consumer demand for high-quality appliances integrated with modern technology. In the United States, the industry is experiencing steady growth, driven