Platinum Equity Sells Compart Systems To Shanghai Wanye Enterprises News provided by Share this article Share this article LOS ANGELES, Dec. 22, 2020 /PRNewswire/ -- Platinum Equity announced today that it sold Compart Systems Pte Ltd. ("Compart" or the "Company") to Shanghai Wanye Enterprises Co., Ltd. ("Wanye") in a transactions valued at approximately $398 million. Compart, headquartered in Singapore with primary operations in China and Malaysia, is a supplier of high-precision, machined metal components including valves, fittings, sensors, and related components for a range of industries. Platinum Equity is a Los Angeles-based global private equity firm focused on acquiring businesses that can benefit from the firm's operational expertise. The Compart investment was led by Platinum Equity's Singapore office.