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Platinum Equity thinks the companies it buys are just precious. The investment firm typically seeks to acquire units that large corporations are looking to divest; these companies usually have established brands and customer bases, and most importantly, recurring revenues. Platinum Equity also looks for acquisitions as strategic add-ons to its portfolio companies, which have operations worldwide. It focuses on such sectors as manufacturing, distribution, and communications. Founder and CEO Tom Gores, who started Platinum Equity in 1995, is the brother of Alec Gores, who founded another investment firm, Gores Technology Group. The company has made more than 80 acquisitions since its founding.
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| | | Contact Information | |
Address: |
360 N. Crescent Dr., South Bldg.
Beverly Hills, CA 90210
| | Phone: | 310-712-1850 | | Fax: | 310-712-1848 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2008): | 27500.00 M | | Revenue Growth (1 yr): | 103.70% | | Employees (2008): | 60,000 | | Employee Growth (1 yr): | 20.00% |
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Key People
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Chairman and CEO:
Tom T. Gores
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Partner:
Philip Norment
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Partner:
David M. Anglin
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