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Mad Engine (pictured) found a new investor in Platinum Equity, a Los Angeles firm that recently acquired a controlling stake in the San Diego-headquartered apparel and accessories company. Photo courtesy of Mad Engine

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Platinum Equity Takes Controlling Stake in Mad Engine

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It was announced on Jan. 4 that Platinum Equity, a Los Angeles–headquartered investment firm, acquired a controlling stake in Mad Engine, a San Diego–based apparel and accessories company that designs, produces and distributes licensed, branded and private-label products.

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