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Tom Gores (born Tewfiq Georgious, [2] Arabic: توفيق جورجيوس; July 31, 1964) [3] is an American billionaire businessman. He is the founder of Platinum Equity, a private equity firm headquartered in Beverly Hills, California. In June 2011, Gores and Platinum Equity became the owners of the National Basketball Association's Detroit ...
*Note: this list includes joint-ventures based in Michigan, subsidiaries of Michigan-based companies also located in Michigan, and companies based in Michigan currently owned or controlled by private equity, venture capital, or other similar entities. Below is a separate list of outside companies with a significant presence in Michigan.
Palace Sports & Entertainment (PS&E) is an American sports and entertainment company owned by Tom Gores. Its largest subsidiary is the Detroit Pistons of the National Basketball Association . The company was founded by Bill Davidson , and traces its roots to Davidson's purchase of the Pistons in 1974.
Nearly 200 Michigan employers have been named Michigan Top Workplaces for 2024. Any organization with 50 or more employees in the state was eligible to participate in the program that identifies ...
Detroit Pistons owner Tom Gores shakes hands with president of basketball operations Trajan Langdon at press conference to introduce Langdon at the Henry Ford Detroit Pistons Performance Center in ...
Gores has invested a lot, moving the team back to Detroit from Auburn Hills, and this year announcing a joint project with Michigan State and Henry Ford Health that calls for $3 billion in local ...
Platinum Equity was founded in 1995 by Tom Gores. The firm's first acquisition was LSI, a company that generated computer graphics to re-create accidents for courtroom testimony. After purchasing it for $200,000, Platinum Equity focused on serving existing customers and returning the company to profitability. [2]
Detroit Pistons owner Tom Gores addressed the media before their home opener on Saturday. Here's what he said. Tom Gores acknowledges past mistakes, embraces patience with Detroit Pistons' rebuild