Alec Gores

Bio

Alec Gores is the founder, Chairman and Chief Executive Officer of The Gores Group, a Los Angeles based private equity firm focused on acquiring controlling interest in mature and growing businesses which benefit from the firm's operating experience and expertise and its flexible capital base.Under his leadership, The Gores Group is continuing to implement that successful strategy by acquiring businesses with enterprise values in the $200 million to $ 3 billion range, focusing on creating value and working with management to create an entrepreneurial environment as a foundation for sustainable growth. This philosophy has served the firm well. Since 1987 over 70 businesses have been successfully acquired. The current portfolio includes over twelve companies world-wide with combined annual revenues in the billions of dollars. Mr. Gores began his career as a self-made entrepreneur and operating executive. In 1978, he self-funded and founded Executive Business Systems (EBS), a developer and distributor of vertical business software systems. Within seven years, EBS had become a leading value-added reseller in Michigan and employed over 200 people. In 1986, CONTEL purchased EBS and Mr. Gores subsequently began acquiring and operating non-core businesses from major corporations and building value in those entities, a decision that ultimately led to the founding of what has evolved into The Gores Group. Mr. Gores holds a degree in computer science from Western Michigan University and lives in the Los Angeles area.