LOS ANGELES--(BUSINESS WIRE)--The Gores Group, a global investment firm focused on acquiring controlling interests in mature and growing businesses, today announced that Scott Honour, a Senior Managing Director, is retiring from the firm to focus on public service and charitable activities.
“Over the last decade, I’ve been privileged to be able to help create value for our investors. I've reached the stage in my life when I want to be in Minnesota to focus on public service activities and charitable work,” Honour stated. “I’m grateful to Alec Gores and the terrific team at The Gores Group for providing me with this opportunity. I know they’ll continue to deliver incredible value to their clients and investors, and that the firm is well positioned for ongoing success.”
“Scott was a valuable member of our team who made significant contributions to the growth of our business and our continuing success. He will be missed,” said Alec Gores, Founder and Chairman of The Gores Group. “We wish him well as he engages in his new endeavors in his native Minnesota.”
About the Gores Group
The Gores Group, LLC is 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. The firm combines the operational expertise and detailed due diligence capabilities of a strategic buyer with the seasoned M&A team of a traditional financial buyer. The Gores Group, which was founded in 1987 by Alec E. Gores, has become a leading investor having demonstrated over time a reliable track record of creating value in its portfolio companies alongside management. Headquartered in Los Angeles, The Gores Group maintains offices in Boulder, CO, and London. For more information, please visit www.gores.com.