Platinum Equity: 14 Years hence
Private equity investment firm Platinum Equity was founded in 1995 by Beverly Hills billionaire Tom Gores. Fourteen years hence, the M&A&O® firm has gone global, with the world headquarters in Los Angeles, California and regional offices in London, New York, and Boston. Through the years, Platinum Equity has solidified its revenue base with swift and successful financial acquisitions of underperforming businesses or non-core assets. Using the M&A&O strategy, it purchases companies and guarantees its recovery and profitability by carefully charting its strategic course and monitoring its operations until it is empowered to stand alone. Since its foundation, the firm has collected an aggregate revenue of $27.5 billion.
Tom Gores deserves credit for Platinum Equity’s achievements. As its chairman and CEO, Gores oversees strategy and operations of the global firm. Backed by extensive acquisitions experience, he has inspired dedication and excellence among the 45,000 employees that make up Platinum’s team. Part of Platinum’s unique corporate culture is a solid professional infrastructure composed of 100 M&A&O experts who execute seamless business transactions from acquisition to operations. As the firm has expanded with every acquisition, additional services have been created, more employees absorbed, and offices put up to meet its growing needs. In 2008, Platinum Equity was named 19th largest private company in the United States by Forbes Magazine.
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