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Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995, headquartered in Beverly Hills, California. The firm focuses on leveraged buyout investments of established companies in the U.S., Europe and Asia.
He is the founder of Platinum Equity, a private equity firm headquartered in Beverly Hills, California. In June 2011, Gores and Platinum Equity became the owners of the National Basketball Association's Detroit Pistons. He became the sole owner in 2015. As of July 2024, his net worth was estimated at $9.1 billion. [4]
Beverly Hills, California-based Platinum Equity acquired Ingram in 2021 from a unit of Chinese aviation and shipping conglomerate HNA Group in a $7.2 billion deal. Founded in 1979, Ingram partners ...
Platinum Equity founder and chairman Tom Gores (Courtesy of Platinum Equity) Platinum Equity started 2020 with a fundraising bang. The firm announced on Tuesday the close of its fifth flagship ...
Private equity firm Platinum Equity’s US$2.1 billion (£1.4 billion)offer to acquire blood glucose monitoring systems maker LifeScan, Inc from US health care products company Johnson & Johnson ...
ITG was sold to private equity firm Platinum Equity in 2016, and later moved its headquarters to its parent company's home city of Beverly Hills. [8] [9] ITG announced layoffs at its Greensboro-based White Oak denim mill in April 2009. [10] ITG closed the White Oak mill entirely on December 31, 2017, after 110 years of operation. [11]
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