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Tom Gores (born Tewfiq Georgious, [2] Arabic: توفيق جورجيوس; July 31, 1964) [3] is an American billionaire businessman. 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 ...
Platinum Equity was founded in 1995 by Tom Gores. The firm's first acquisition was LSI, a company that generated computer graphics to re-create accidents for courtroom testimony. After purchasing it for $200,000, Platinum Equity focused on serving existing customers and returning the company to profitability. [2]
Alec and Tom Gores are both the founders of their own firms: Alec leads The Gores Group, while Tom is the CEO of Platinum Equity. The pair are also the owners of two of the largest homes in Los ...
Gores, whose net worth is estimated to be $11.8 billion by Bloomberg, is the founder of Platinum Equity. He and the Beverly Hills-based private equity firm bought the Pistons in 2011 before he ...
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 ...
The 60-year-old Gores has a net worth of $11.8 billion, according to Bloomberg. In 1995, he founded Platinum Equity, which has its headquarters in Beverly Hills. Gores' purchase comes after NFL owners on Sept. 1 approved allowing private equity funds to buy stakes in teams. However, this is a purchase by Gores and not affiliated with Platinum ...
The company was acquired in 2017 by Beverly Hills-based private equity firm Platinum Equity, owned by billionaire Tom Gores. [5] In 2019, Platinum Equity announced plans to reorganize the company as a more diverse technology company, and created Aventiv Technologies as Securus' new corporate parent.
The controversy was discussed last week at a Board of Trustees meeting, an attendee told The Times, during which Gores defended the investment and told trustees about how his Platinum Equity firm ...