Tom Gores News, Articles, and Updates

FILED UNDER: Dealmaking, News, Portfolio Company

Platinum Equity to Sell The San Diego Union-Tribune to Doug Manchester

November 17, 2011

Platinum Equity announced today it has signed a definitive agreement to sell The San Diego Union-Tribune to MLIM LLC, owned by San Diego entrepreneur Doug Manchester. The transaction is expected to close no later than December 15. Read More »
“I have a natural love of people and I want them to be their best.”
Tom Gores on Balancing Family, Business, and the Detroit Pistons »

FILED UNDER: Articles, News

Forbes Largest Private Companies in America:
Platinum Equity #23

November 16, 2011

For the twelfth consecutive year, Platinum Equity was ranked by Forbes among America's Largest Private Companies, listed at #23 in 2011. Read More »

FILED UNDER: News, Portfolio Company

Platinum Equity Company Ryerson Announces New Salt Lake City Service Center Opening

November 14, 2011

Ryerson Inc., a leading processor and distributor of metals in North America and Asia, recently celebrated the grand opening of their newest service center located in Salt Lake City, Utah. The new 54,000-square-foot facility is centrally located in the heart of the Salt Lake City business district. The facility houses a large offering of long products and serves as the hub for these products for Ryerson branches in the Western United States. In addition Read More »

FILED UNDER: Articles, News, Portfolio Company

“Seats for Soldiers” Free Ticket Offer Continues

November 11, 2011

Palace Sports & Entertainment (PS&E), a Platinum Equity portfolio company, continues its support for the United States Armed Forces with its “Seats for Soldiers” free ticket offer. Read More »

FILED UNDER: Acquisitions, Dealmaking, News

Kodak Sells Image Sensor Business to Platinum Equity

November 7, 2011

Eastman Kodak Company announces its sale completion of its Image Sensor Solutions (ISS) business to Platinum Equity in a move that will sharpen Kodak’s operational focus and strengthen its financial position. Read More »

FILED UNDER: Acquisitions, Dealmaking, News

Platinum Equity Acquires NESCO

October 27, 2011

Platinum Equity and Hammond, Kennedy, Whitney & Company, Inc. ("HKW") jointly announced that Platinum Equity has acquired NESCO, a leading provider of fleet equipment rental, sales, and services. Read More »

FILED UNDER: Articles, News, Portfolio Company

Platinum Equity Company Quark Special Upgrade Program Benefits Owners of Early Versions

October 12, 2011

Quark has created a special upgrade program making the latest version of QuarkXPress available at a discount to all owners of previous versions of the software. Read More »

FILED UNDER: Articles, Dealmaking

Forbes “In My Own Words”: Tom Gores on Buying The Detroit Pistons

September 21, 2011

Others saw a city in decline, a sport at the crossroads. I saw undervalued assets that my hometown needs. Read More »

FILED UNDER: Articles, News, Portfolio Company

Platinum Equity Company Contego Packaging Group Invests in New Portsmouth Facility

September 9, 2011

Contego Packaging Group, a Platinum Equity portfolio company and a pan-European supplier of cartons, leaflets, labels, and foil for the food, beverage, and pharmaceutical industries, is moving to a new, 50,000 square foot carton production facility in Fareham, Hampshire. Read More »

FILED UNDER: News, Portfolio Company

Platinum Equity Company Schutt Sports Becomes Official Helmet for UT-Dallas

August 30, 2011

Schutt Sports, a Platinum Equity Portfolio Company and leading domestic manufacturer of batters helmets in the United States, has been named the Official Batter’s Helmet for the University of Texas – Dallas. The multi-year agreement calls for the Comets softball and baseball teams to wear Schutt batters helmets and catchers gear. Read More »