Alec Gores is the Founder, Chairman and Chief Executive Officer of The Gores Group, a global investment firm focused on acquiring controlling interests in mature and growing businesses which can benefit from the firm’s operating experience and flexible capital base.
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 today.
Under his leadership, The Gores Group has continued to acquire businesses in need of operational and financial resources, while creating value and working with management to establish an entrepreneurial environment as a foundation for sustainable growth. This philosophy has served the firm well. Since 1987 over 80 businesses have been successfully acquired. The current portfolio includes over 20 active companies world-wide with combined annual revenues of over $7 billion.
Mr. Gores holds a degree in computer science from Western Michigan University and lives in the Los Angeles area.