The firm has a diversified capital base that includes the assets of its portfolio companies, and capital commitments from institutional investors in the firm's private equity fund vehicles, Platinum Equity Capital Partners and Platinum Equity Capital Partners II. Forbes magazine ranked it number 19 on its 2008 list of the largest private companies in the United States.
It was founded by billionaire Tom Gores in 1995 and is headquartered in Beverly Hills, California.
Platinum Equity is a private equity investment firm focusing on leveraged buyout investments in US middle-market companies.
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