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Platinum Equity Snapshot
Platinum Equity thinks the companies it owns are just precious. The investment firm typically seeks to acquire private companies, public firms that want to become private, and units that large corporations are looking to divest; these enterprises usually have established brands and customer bases, and most importantly, recurring revenues. Platinum Equity also looks for acquisitions as strategic add-ons to its portfolio companies, which have operations worldwide. Founder and CEO Tom Gores, who started Platinum Equity in 1995, is the brother of Alec Gores, who founded another investment firm, Gore Technology Group (now The Gores Group).
