Koch Equity Development invests $450 million for minority stake in Jostens
Platinum Equity portfolio company Jostens, the Minneapolis provider of custom class jewelry, graduation products, and yearbooks, announced a nearly $640 million recapitalization in connection with a $450 million strategic equity investment from an affiliate of Koch Equity Development LLC, the principal investing and acquisition arm of Koch, Inc., and a debt refinancing transaction. The equity investment is subject to consummation of the debt refinancing....
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