Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. The firm focuses on leveraged buyout investments of established companies in the U.S. and Europe.[1]
The Detroit Pistons are a franchise of the National Basketball Association based in Auburn Hills, Michigan. The team's home arena is The Palace of Auburn Hills. It was originally founded in Fort Wayne, Indiana as the Fort Wayne (Zollner) Pistons as a member of the National Basketball League in 1941, where they won two championships. The club joined the NBA in 1948, moved to Detroit in 1957, and has since won three championships, most recently in 2004.