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Ownership

Tom Gores is the principal owner of the Detroit Pistons and Palace Sports & Entertainment (PS&E), and the founder and CEO of Platinum Equity, a global investment firm with diversified holdings in entertainment, technology, industrial, manufacturing and distribution operations around the world.

Since acquiring PS&E in June 2011, Gores and his ownership team launched facilities upgrades across PS&E, including a new Pistons locker room and entertainment complex on the event level at The Palace; equipment upgrades at the team’s practice facility; and new branding and infrastructure improvements to both DTE Energy Music Theatre and Meadow Brook Music Festival.