Gores Completes One of Biggest Investments from Fund III
January 14, 2015
The Gores Group's recent acquisition of US Farathane marked one of the firm's largest investments out of its $2.1 billion Gores Capital Partners III, which closed in 2011. The deal was sourced on a proprietary basis through a relationship with Evergreen Capital Partners, a co-investor in the transaction along with company management. US Farathane is a designer and manufacturer of plastic injection-molded components for the North American automotive industry; it has more than 2,500 employees and reports annual sales of over $450 million.