Alec Gores seems to have always had big dreams, and many of them appear to be coming true. His company Gores Group, LLC., a private equity firm, takes companies that are in trouble, underperforming, or in need of their expertise and resources, and turns them into something better. They add to the world about them, rather than take away from it. I like what they do. Recently, they have acquired and partnered with The Clark Group, Inc., and made it a private company.
Skip Fischer, Chief Executive Officer of Clark, stated, “I am confident that The Gores Group’s financial resources and operational expertise will provide us with an enhanced ability to pursue our organic growth strategies — including new market segment development and deeper penetration internationally, as well as to target strategic acquisitions.”
Victor Otley, Managing Director for Gores, stated, “The existing management team, led by CEO Skip Fischer, has done an exceptional job forging a strong reputation with Clark’s loyal customers by continuing its unrelenting focus on service excellence. We are pleased to be partnering with this dedicated management team to leverage its market position and accelerate growth. We fully support the management team’s passion for print media and will collaborate with them to bring state-of-the-art logistics technology and innovative services to Clark’s customers in the U.S. and abroad.”
Fischer added, “The Clark management team is excited and extremely optimistic about our future. The Gores Group has a superb history of supporting the businesses it acquires and it fully understands the challenges facing the magazine and book industry. Together, we share the view that by investing in the Clark brand we can expand our service offerings for the benefit of our current and future customers.”
I look forward to the continued success that Gores Group, LLC., and their partners have shown.
I have a dream of forming a partnership that includes Alec Gores and Gores Group, LLC. Together with Ross Gibson, Lou Meisinger, and others, I have a vision of doing great things in TV, radio, print, film, and in other areas. I expect this dream to come true.
I believe in the Seven Steps. Great things have happened in my life because of them. Great things will continue to happen as I live them, and other correct principles.