Platinum Equity announced recently that veteran dealmakers Jacob Kotzubei and Louis Samson have been appointed co-presidents of the global investment firm. The two will continue to report to Platinum’s Founder and CEO Tom Gores.
Mr. Kotzubei and Mr. Samson, each with more than 25 years of M&A experience, are currently partners and members of the firm’s investment committee. Mr. Gores said their elevation would help accelerate the growth of the firm and expansion of its investment capabilities.
“Jacob and Louis have been integral to our success over the years, and their leadership has been instrumental in creating momentum for our investment business and value for our investors,” Mr. Gores said.
Mr. Gores said the appointments would help accommodate Platinum Equity’s evolution and robust growth trajectory and help the firm cement its position as one of the most successful private equity firms in the world. Platinum Equity was ranked in the top 2% among 563 private equity firms globally in the 2022 HEC-Dow Jones Large Buyout Performance Ranking published on February 8, 2023.
“Our goal is to be one of the most consistent and successful private equity firms in the world,” Mr. Gores said. “We are in a uniquely strong position to continue expanding, and I am confident that Jacob and Louis will help take the firm to new heights.”