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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.
On June 1, 2011, Gores and Platinum Equity bought Palace Sports and Entertainment (PS&E) (the parent company of the Pistons and their former arena, The Palace of Auburn Hills) becoming the third owner in the franchise's 70-year history.
Tom Gores Pistons Owner Page. Tom Gores on Forbes. Tom Gores founded Platinum Equity and his guidance, core philosophies, and strong principles drive the strategic development and direction of the firm.
- Chairman & CEO
- Platinum Equity
Platinum Equity is a private equity firm, founded by Tom Gores, with experience in acquiring assets from Fortune 500 companies, executing complex carve-outs, public to private transactions, and more.
1 day ago · In August 2015 he purchased Platinum's stake, giving him 100% of the team's equity. Gores bankrolled a new $90 million headquarters and training center for the Pistons. It opened in September...
Tom Gores founded Platinum Equity in 1995 and his guidance, core philosophies, and strong principles drive the strategic development and direction of both Platinum and its portfolio, as well as his ownership of the NBA’s Detroit Pistons.
Tom Gores is chairman and CEO of Platinum Equity, a private equity firm in Los Angeles specializing in mergers, acquisitions and operations of companies.
