RP Wang Investment

One of Platinum Equity’s portfolio companies has merged with another, as Pomeroy IT Solutions and OAO Technology Solutions have become one, in order to create a single global IT solutions provider with more wide ranging service offerings and a much bigger global reach.

Sources from inside Platinum Equity have nothing but positives to say about the merger. The thought running through the offices at the moment is that the combination makes great business sense. It will mean more and better opportunities for the clients both companies already hold, and Business partners and working staff are all set to benefit too.

Platinum equity, run by Chairman and CEO Tom Gores is an internationally renowned acquisition firm who focus on purchasing companies and getting the best out of them. The main industries targeted are Information Technology, Logistics and Distribution, and various Industrials. Forbes declares them to be one of the very largest private companies in the United States. Tom Gores founded the operation in 1995 and since then the operations has acquired over 100 companies which is estimated to have generated well in excess of $27.5 Billion annual revenue.

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