Tom Gores: Delivering Consistent Gains at Platinum Equity

November 17, 2009

Since day one, Platinum Equity’s chairman and CEO Tom Gores has used his business acumen, technical knowledge and acquisitions expertise strategically to fuel the firm’s growth. Since the time he founded Los Angeles, California-based Platinum Equity in 1995 until present, Gores worked hard to turn the firm into America’s 27th largest private company with offices in London, Boston, and New York.

Tom Gores heads Platinum Equity, an M&A&O® (Mergers, Acquisitions, and Operations) firm. Platinum Equity specializes in creating new value out of hard hit and underperforming companies. A majority of the companies in its client roster were acquired with blue chip companies including General Electric, Ryerson, Weyerhaeuser, Hays Plc, Cardinal Health, TUI AG, Textron, CompuCom, Alcatel, Motorola, Kemper Services, Lucent Technologies, AT&T, Fujitsu and IBM. Platinum Equity’s growth has been a direct result of revenue generated organically from its operations and key company acquisitions that have generated additional customers, services, and employees.

Tom Gores complements the firm’s consistent growth with an expansion of its services and workforce. Platinum Equity now has more than 45,000 employees that contribute to seamless management of its portfolio companies and in the execution of swift and productive acquisitions. Since its foundation, the firm has posted aggregate revenue of over $27.5 billion.

Trilegiant Corp Presents Clever Clubhouse

November 3, 2009

The Trilegiant Corporation, a top membership-driven supplier of manifold assistances, has the Clever Clubhouse program as one of its popular offerings. This program is a family-based membership club that provides children with the chance to be educated in a secured and self-contained online setting. The Clubhouse, which earned an Education World’s A-Plus Seal of Approval and the Teacher’s Choice Award, was developed by professors and child-improvement experts for kids between the age of three and eight.

As reported by Grunwald Associates, an independent research and consultancy business, 78% of children reside in homes that have access to the Web. This statistic marks a 70% increase since 2000. In addition, 81% of parents, who have kids between the ages two to eight, point out the academic value of the Internet. These facts firmly affirm the Internet to be a robust educational tool that parents can introduce to their kids.

Since parents would only want their children to have the best things in life, now they will have the opportunity to give their kids a more convenient, fun, and interactive way of learning that lets them discover and learn new things. The Affinion Group subsidiary Trilegiant Corp with its Clever Clubhouse program lets parents monitor their children’s learning.

Naveen Jain Giving Hope to Hopelink

March 20, 2009

Intelius founder Naveen Jain has been a notable supporter of philanthropic causes relating to healthcare, education, youth issues, and family concerns. Jain has a thirsty passion for helping people and communities, and his philanthropic leadership resonates within his company and among his employees, encouraging them to devote some of their money, time and effort to children, individuals, and families in need. A concrete example of Naveen Jain’s charitable efforts is his strong commitment to help Hopelink, a nonprofit organization that provides aid to low-income people and help them become self-sufficient. Hopelink has been serving children, seniors, and low-income and homeless families, as well as those with disabilities in the north and east King County since 1973. The organization offers numerous programs such as housing, adult education, food, transportation and interpreter services, emergency financial assistance, and family development. In 2008, Naveen Jain and Intellius collaborated with Hopelink’s Reaching Out Luncheon and End Summer Hunger Campaign. In the “Reaching Out” issue of Hopelink’s quarterly newsletter, Naveen Jain and his wife Anu were recognized as donors of the Avondale Park Campaign, a project intended to solve the problem of homelessness in the north and east King County. Hopelink’s End Summer Hunger Campaign 2008, which ran from April 1 to July 1, fed 11,000 children from low-income families in the north and east King County. The campaign is an annual food drive that invites businesses, schools, neighbors, and community groups to help address hunger and homelessness in the community. Intelius served as a campaign sponsor for the 2008 campaign. Naveen Jain and Anu Jain are included in Hopelink’s leadership donor association, Part of the Solution. The couple belongs to the level of “Building Dreams,” having donated more than $25,000. Intelius is also part of Hopelink’s Business Alliance, having given more than $25,000 from 2007 to 2008.