Since 1987, Gores has amassed an enviable track record of successful investments, mostly within the broadly defined technology and telecommunications sectors. Historically, Gores focused on divestitures from larger corporate parents, such as Hewlett-Packard, Mattel, AT&T, Computer Sciences, Schlumberger, Texas Instruments, Unisys and Nortel Networks, but has increasingly expanded its targeted transactions to include buyouts of standalone businesses. Given this history, Gores is well-suited and experienced in the extraction issues facing corporate sellers of non-core assets.
While the firm focuses on structuring acquisitions that meet the unique requirements of each seller, the companies that meet our fundamental investment profile - non-core businesses with healthy growth dynamics at attractive valuations - are typically those encountering strategic, operational, financial or organizational challenges.
Given its flexible approach to transactions, Gores views itself as a solution provider to sellers.
Gores' investment strategy is aimed at businesses with substantial revenue, as opposed to early stage or venture investing. Revenues at acquired businesses typically range from $30 million to several billion dollars.