Robert Loring
Robert Loring is the Founder and Managing Partner of Revolution Capital Group, a global private investment and acquisition firm. The firm was formed by a group of private equity, M&A and operational executives with a shared vision to bring fair value and a wealth of M&A experience to the middle market. With offices in Los Angeles, CA and New York, NY, the partners have worked on over $15 billion in transactions with corporations such as AT&T, BASF, Bayer, General Electric, Hays PLC, IBM, Lucent, Motorola, Universal Group and Williams Communications. Revolution Capital Group invests primarily in divestitures of non-core divisions of large corporations, under-performing businesses, cross border divestitures and operational turnarounds. The firm has experience in acquiring and operating businesses across multiple sectors, including media and publishing, manufacturing, industrials, healthcare products and services, software and IT products and services.
As Founder and Managing Partner, Loring oversees all aspects of the firm’s strategy, including M&A, Operations and Corporate Development. With over a decade of private equity investing experience in both the United States and Europe, Loring has been involved in all aspects of corporate deal-making in a broad array of industries, and has guided over twenty transactions with some of the world’s largest corporations.
Biography
Robert Loring was born in Scituate, MA. He studied English at Boston College, and briefly worked for The Boston Herald before moving to Los Angeles to begin a career in finance.
Loring has been involved with various charitable organizations including the Christian Children’s Fund, Project Save Child and Dana Farber Institute. He currently resides in Beverly Hills, CA with his wife Isabel and their two children.
Business
Prior to founding Revolution Capital Group, Loring worked as Vice President of Mergers and Acquisitions for Platinum Equity LLC in Beverly Hills, CA and more recently held the position of Director for H.I.G. European Capital Partners in London, UK. Loring founded Revolution Capital Group in 2009 with Cyrus Nikou. The firm now employs ten investment professionals and since inception its portfolio has grown to include Tampa Media Group, Lawrence Schiff Silk Mills, The Capital Exchange and Dove Professional Apparel.
Robert Loring and Tampa Media Group
In October 2012, Revolution Capital Group formed the Tampa Media Group. Tampa Media Group’s assets include The Tampa Tribune, fifteen regional newspapers in the Tampa gulf area, and TBO.com which were all acquired from Media General, Inc. (NYSE: MEG) in October 2012. The sale price was $9.5 million, subject to adjustments for working capital and other items. World Media Enterprises, a Berkshire Hathaway company, previously acquired all other newspaper assets from Media General in May 2012. The Tampa Tribune was Media General’s largest and second oldest newspaper before the Revolution and Berkshire Hathaway acquisitions. Loring is the owner and CEO of Tampa Media Group.
The Tampa Tribune has been Tampa’s hometown newspaper since 1895, and TBO.com was one of the first local media internet websites when it launched in 1994. The Tampa Tribune has a circulation of approximately 154,000 daily (408,000 readers), with 257,000 (644,000 readers) on Sundays. The Tampa Tribune won a Pulitzer Prize in 1966 for local investigative specialized reporting.
The Tampa Tribune also operates Hernando Today and Highlands Today, local offshoots of the Tribune located in Brooksville and Sebring, respectively.
The paper's online presence, TBO.com, attracts more than 14 million page views a month.