News

February 15, 2023 | Business

Platinum Equity CEO Tom Gores to Crain’s Detroit: Our development efforts ‘based on a lot of collaboration’

Shortly before a news conference to announce a $2.5 billion investment in the city of Detroit, Platinum Equity CEO Tom Gores revealed to Crain’s Detroit Business that substantive “community development really focuses on the conditions in an environment for people to be successful.” The comments came shortly before a recent news conference in Detroit where
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February 9, 2023 | The Pistons

How Tom Gores’ decision to move Detroit Pistons downtown was unofficial catalyst to sweeping $2.5 billion development partnership with Henry Ford Health, Michigan State University

Detroit’s New Center area is not a destination neighborhood. But through a significant partnership between Platinum Equity founder and CEO Tom Gores, Henry Ford Health and Michigan State University, New Center could be on its way to being one of Detroit’s premier neighborhood hubs. At a Wednesday morning news conference at the Henry Ford Detroit
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February 1, 2023 | The Pistons

Detroit Pistons owner Tom Gores on team playing in Paris: ‘Experiences like these can really help strengthen bonds and bring people together’

PARIS – French Emperor Napoleon III, the last monarch of France, ordered the construction of a new opera house in 1861. Fourteen years later – after the fall of the French Empire in 1870 – the Palais Garnier opened. The gorgeous building has become one of the most famed venues in the world and it’s
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December 28, 2022 | Philanthropy

How Platinum Equity Founder and CEO Tom Gores delivered the ‘gift of joy’ to Detroit, Flint children

After purchasing the Detroit Pistons in 2011, Platinum Equity founder and CEO Tom Gores promised to leverage the NBA franchise’s platform for philanthropic efforts in his home state of Michigan. He is still living up to that pledge with continuous holiday philanthropy centered on matters of child wellness and community services in the Flint and
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December 28, 2022 | Flint Now

How Platinum Equity Founder and CEO Tom Gores delivered the ‘gift of joy’ to Detroit, Flint children

After purchasing the Detroit Pistons in 2011, Platinum Equity founder and CEO Tom Gores promised to leverage the NBA franchise’s platform for philanthropic efforts in his home state of Michigan. He is still living up to that pledge with continuous holiday philanthropy centered on matters of child wellness and community services in the Flint and
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