Tom Gores

Tom Gores General Information

Description

Mr. Tom Gores is the Founder and serves as Chairman and Chief Executive Officer at Platinum Equity. Mr. Gores serves as Managing Partner at York Ventures and is the owner of Detroit Pistons Basketball Company. He is an Angel Investor. Tom Gores founded Platinum Equity in 1995 and his guidance, core philosophies and strong principles drive the strategic development and direction of both the firm and its portfolio. Early in his career, Mr. Gores was an active investor in smaller businesses, where companies often trade principally on their good word and ability to follow through on what they promise. Here he developed his principles of empowerment, hard work and integrity. As he delivered on commitments made to deal partners, investment bankers and lenders, Mr. Gores' ability to continually execute larger transactions grew exponentially and made Platinum Equity one of the premier private equity firms in the world, recognized as one of Forbes' Largest Private Companies within just 4 years of being founded. When it comes to his business, Mr. Gores applies philosophies of swift and thorough diligence, sound acquisitions, effective management, and driving value through honest, intelligent operational improvement rather than financial engineering. M&A&O®, his pioneering vision of combining traditional M&A with operational insight, was the direct result of the combination of these philosophies.