News

April 30, 2020 | Philanthropy

Brooklyn Nets Owner Joe Tsai, and Detroit Pistons Owner Tom Gorres usually compete against each other during the NBA season but now they find themselves fighting against a common opponent, COVID-19. The two are teaming up to donate and deliver 350,000 KN95 masks and 100,000 medical goggles to Detroit. Mayor Duggan said the donation will help more than just first responders.

April 13, 2020 | Philanthropy

Thanks to Pistons owner Tom Gores, essential workers in the city of Detroit will benefit from a windfall of thousands of masks to aid in the fight against the coronavirus pandemic.

April 3, 2020 | Philanthropy

The Pistons are stepping up their donations to local food bank Forgotten Harvest, which, amid the coronavirus crisis, has seen its demand for meals skyrocket. The Pistons, along with Wayne County and several corporate partners, announced this week a $375,000 grant for Forgotten Harvest.

January 10, 2020 | Business

Beverly Hills-based private equity firm Platinum Equity has raised $10 billion for its latest flagship fund. The Platinum Equity Capital Partners V fund was oversubscribed, according to the company, surpassing its $8 billion target and hitting the $10 billion hard cap

January 3, 2020 | The Pistons

From the moment Tom Gores purchased the Detroit Pistons in 2011, he’s been consistent in his expectations. The Pistons are going to compete for the playoffs.