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The Gores Group

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The Gores Group

The Gores Group, LLC is a private equity firm specializing in acquiring and partnering with mature and growing businesses. The company was founded in 1987 by its CEO and chairman, Alec E. Gores.

Headquartered in Beverly Hills, California, with an office in Boulder, Colorado, and is investing from Gores Capital Partners III, L.P. and Gores Small Capitalization Partners, L.P., which have approximately $1.5 billion and $300 million in capital commitments, respectively. Since 1987, Gores has successfully acquired and operated more than 80 companies.

The company's portfolio as of 2021, includes technology, telecommunications, business services, industrial, media and entertainment and consumer products companies.

In 1978, Alec Gores founded Executive Business Systems, a hardware and software distributor, which he sold eight years later to establish what has become the Gores Group today.

Gores closed its first institutional private equity fund, Gores Capital Partners, L.P., in November 2003 with $400 million of committed capital. The firm's second fund, Gores Capital Partners II, L.P. held a final closing in June 2007 with $1.3 billion of committed capital.

Current (2024)

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Beginning in 2015, Gores Holdings was announced, specializing in special-purpose acquisition companies (SPACs). It was credited with starting the SPAC revival with their first SPAC transaction in Hostess Brands. Gores is considered one of the most prolific investors in the SPAC space, having created 13 SPACs, more than any other single investor, and The Gores Group is considered a premier SPAC sponsor.

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