In 1995 by Tom Gores founded Platinum Equity, a private equity investment firm which focuses on leveraged buyout investments in American middle-market companies. Platinum Equity is now headquartered in Beverly Hills, CA. With regional offices in Boston, New York, and London. Platinum Equity was ranked number 19 on Forbes magazine’s list of the largest private companies in the U.S in 2008. Tom Gores has an estimated current net worth of $2.2 billion dollars, he was ranked by Forbes’ in 2009 as one of the richest Americans and the 334th-richest person in the world.
Tom Gores has set an example with his M&A&O (mergers, acquisitions and operations) approach and operation knowledge. Tom Gores developed a philosophy of “managed entrepreneurship” which is a principle critical to his success in creating new value in all Platinum-owned companies. Gores uses unique acquisition strategies which are responsible for the multi-billion-dollar revenue base of Platinum Equity. Tom Gores set an example with his M&A&O (mergers, acquisitions and operations) organization and operation knowledge. He is also involved in philanthropic activities. He currently serves on the board of trustees for Los Angeles City Museum of Art (LACMA). He has previosuly served on the board of directors at St. Joseph’s Hospital and UCLA Medical Center. Follow Tom Gores on Twitter to know more about this great person.