Citing Platinum Equity’s $11.4 billion in revenue and series of acquisitions in 2008 despite the global economic downturn, the LA Business Journal once again named Platinum the largest private company in Los Angeles.
This entry marks Platinum’s fifth consecutive year on the top of the LA Business Journal list of largest private companies in LA. Platinum’s first entry on the list dates back to 1999, when Platinum posted a staggering 13,900% revenue growth.
“Platinum Equity retained its hold on the No. 1 spot”
In addition to Platinum’s regular appearances on the LABJ list, founder Tom Gores has also regularly ranked on the LABJ list of Wealthiest Angelinos.