About company
They are a newly organized blank check company. While they may pursue an acquisition opportunity in any business industry or sector, they intend to capitalize on the ability of their management team to identify, acquire and manage a business that can benefit from their operational expertise, as members of their management team have done in diverse sectors, including industrials, technology, telecommunications, media and entertainment, business services, healthcare and consumer products. This operationally- oriented investment approach has served The Gores Group well since its founding in 1987. They believe that their management team is well positioned to identify operationally-oriented acquisition opportunities in the marketplace and that their contacts and transaction sources, ranging from owners and directors of private and public companies, private equity funds, investment bankers, lenders, attorneys, accountants and other trusted advisors across various sectors, will allow them to generate attractive acquisition opportunities. Their team is led by Alec Gores, their Chairman, who has more than 35 years of experience as an entrepreneur, operator and private equity investor. Over the course of his career, Mr. Gores and his team have invested in more than 120 portfolio companies through varying macroeconomic environments with a consistent, operationally-oriented investment strategy.