This rating has been stable over the past 12 months. The international potential for McGraw Hill is substantial, too. All Rights Reserved. Zippia gives an in-depth look into the details of Platinum Equity, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Platinum Equity. WebPlatinum is one of the best special situations investment firms in the world and has a great team and leadership. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock Ive inquired about pay but its gotten nowhere. They have built an attractive platform and helped transform the industry, and there is also a significant amount we can do together to continue their history of innovation and grow the business both organically and through additional M&A activity. Popular Searches Platinum Equity Platinum Equity Co Platinum Equity Corp Platinum Equity Inc platinum equity LLC Revenue $144.3 M Employees 300 Founded 1995 Primary Industries It would be a big acquisition for Platinum in Australia. Can You Get Laid Off While On Maternity Leave, Can Laid Off Union Workers Collect Unemployment, How Long Does Insurance Last After Being Laid Off. She became a Certified Public Accountant while working in the audit group of Ernst & Young LLP as a Manager. Claiming and updating your company profile on Zippia is free and easy. By R.J. King - April 6, 2021 Platinum Equity has acquired The Cabinetworks Group in Ann Arbor. Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. Ive inquired about pay but its gotten nowhere. Read more, After a record-breaking 2021 for M&A, deal activity slowed globally in 2022.The reasons for the slowdown are well. Platinum Equity generates $3.6M in revenue. Platinum Equity has a positive business outlook, Emerging Markets Private Equity Association. We specialize in private equity and other alternative strategies, investing on behalf of institutional investors around the world. Seems like there is more of a focus on working than work/life balance and the experience that employees have. He was a member of Emerson's Office of the Chief Executive. I thought my 5 year was going to finally show something but it did not. Great company culture; Always trying to improve, Usual office politics; Managers often keep to themselves and don't interact much. About GIC GIC is a leading global investment firm established in 1981 to manage Singapore's foreign reserves. The company produces both framed and frameless cabinetry, operating out of 14 assembly plants and three component facilities, and serves customers through a multi-channel approach including sales to dealers, home centers and distributors across the United States. We are strongly committed to protecting your privacy. Igor Chacartegui is responsible for the structuring and execution of European acquisition and divestiture transactions. Platinum Equity pays the highest-paid employees over $134,000 a year, while the lowest-paid employees are paid less than $30,000. The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global buyout fund, and Platinum Equity Small Cap Fund, a $1.5 billion buyout fund focused on investment opportunities in the lower middle market. WebPlatinum Equity, LLC is a private equity investment firm founded by Tom Gores in 1995. Headquartered in Singapore, GIC employs over 1,700 people across 10 offices in key financial cities worldwide. McGraw Hill CEO Simon Allen and his senior leadership team will continue to lead the business under Platinum's ownership. Read more. You may unsubscribe at any time. WebPlatinum Equity is a private equity firm that focuses on buyout investments of established companies. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Our people are everything. According to anonymously submitted Glassdoor reviews, Platinum Equity employees rate their compensation and benefits as 3.7 out of 5. We are excited to work with Simon Allen and all of McGraw Hill's talented employees to continue investing in growth and innovation.". About Platinum Equity Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with more than $25 billion of assets under management and a portfolio of approximately 40 operating companies that serve customers around the world. The LA firm doesnt have an Australian office, but pops up in local auctions every year or so, targeting corporate carve-outs which is its specialty globally. Signing up for our Newsletter is subject to our Privacy Notice. Proceed with caution. By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. https://www.latimes.com/business/la-xpm-2012-jan The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. There were significant exits. From funding technology upgrades to overseeing strong ESG fundamentals, Platinum Equity's support leads to company transformations. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. Other companies that Platinum Equity previously invested in within the building products ecosystem include Interior Logic Group, the largest national provider of interior design and finish solutions for the homebuilding industry, and PrimeSource, a national distributor of specialty building materials including fasteners serving the new-construction and remodeling markets. Signing up for our Newsletter is subject to our Privacy Notice. The two Aventiv representatives took part in an Axios-sponsored panel discussion for an online audience of policy makers. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive news, updates and information. Platinum Equity's mission statement is "We protect vital business interests like customers, employees, and the supply chain; we work with each acquisition to achieve operational excellence and to support growth, providing key strategic and financial resources as needed. By clicking Submit you agree to receive communications from us. Platinum Equity specializes in mergers, acquisitions and operations a trademarked strategy it calls M&A&O acquiring and operating companies in a broad Platinum Equity is a leading U.S. investment fund with more than $25 billion of assets under management with a portfolio of approximately 40 operating companies worldwide. Having problems? Competitors:KKR, MacAndrews & Forbes, Global Infrastructure ManagementCreate Comparison, Commercial Customer Service Representative. You can have a great mission statement, but if you dont have the people who care about it, its not true.. WebLindsay Calautti is the Global Head of Human Resources for Platinum Equity Advisors. Platinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. Joe Gross, Chief Executive Officer of Cabinetworks, said: This transaction is another important milestone of success for our Cabinetworks team. All Rights Reserved. Working At Levine Leichtman Capital Partners. Can I Be Laid Off While On Workers Compensation? Mr. Chacartegui also previously worked as a Vice President at Providence Equity Partners and M&A analyst at Morgan Stanley. Platinum Equity is a global investment firm with six offices, 300+ professionals and operating expertise that spans all Dan WhelanPlatinum Equity(310) 282-9202[emailprotected], Tyler ReedMcGraw Hill(914) 512-4853[emailprotected], Cision Distribution 888-776-0942 Jeld-Wen has marked its Australasia unit for review and is seriously considering a full exit, as shown by its decision to run a two-part auction. Type Investor Status Active Founded 1995 HQ Beverly Hills, CA, US | view all locations Website They are headquartered in Los Angeles, California. Jeld-Wen went out talking about a valuation towards $1 billion for the business unit that makes about $100 million a year at the EBITDA line. About American Industrial Partners American Industrial Partners is an operationally oriented private equity firm that makes control investments in industrial businesses serving domestic and global markets. 9% of Platinum Equity management is Hispanic or Latino. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. How is pay, wlb & work culture. 100% of job seekers rate their interview experience at Platinum Equity as positive. The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global Platinum Equity, the private equity firm of Detroit Pistons owner Tom Gores, announced it has entered into a definitive agreement to acquire The Cabinetworks Group in Ann Arbor from American Industrial Partners, GIC, and other equity holders. He is member of the group responsible for the acquisitions and operations of Platinum Equitys hotel platform. BofA Securities was the lead underwriter for the debt financing. -Good amount of responsibility and independence of thought, -Salaries not market competitive (disconnect between hours worked and compensation)
Jacob Kotzubei, a Partner at Platinum Equity, said: Cabinetworks has a comprehensive portfolio of highly-respected, fast-growing brands, a strong leadership team and a proven track record for growth. Company has a great vision, strong leadership. People tend to come and go after two or so years of working here. Based in Beverly Hills, CA, Platinum Equity is a small finance company with only 51 employees and an annual revenue of $3.6M. You may unsubscribe any time. Read more, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solutions to the worlds leading content production studios and distributors, announced today that it has acquired English Dubbing and Media Services Provider Post Haste Digital. He holds a Bachelor of Science in Business (Accounting and Finance) from Indiana University. With the Avg. We are strongly committed to protecting your privacy. 63% of the management team is White. Craig Ashmore is responsible for senior level business development activities focused on identifying new acquisition opportunities. Ropes & Gray LLP is serving as legal advisor to American Industrial Partners. Media Contacts: Dan Whelan Platinum Equity 310.282.9202 Dwhelan@platinumequity.com, Ben DeRosa American Industrial Partners 212.627.2360 x200 ben@americanindustrial.com, Rich Wiese Cabinetworks 734.205.4514 rich.wiese@cabinetworksgroup.com, Katy Conrad GIC 212.856.2407 katyconrad@gic.com.sg. Signing up for our Newsletter is subject to our Privacy Notice. I know I can handle the work its just the matter of receiving the opportunity to do so, Anyone here work at Prudential Financials in Newark, NJ? As I wrote a few weeks ago, economists at Harvard University and the University of , https://www.linkedin.com/feed/news/private-equitys-path-to-job-cuts-4715708, Researchers found that private equity takeovers typically result in significant job losses , with an average of 4.4% of a companys jobs vanishing in the first , https://www.sandiegouniontribune.com/sdut-bn07layoffs145114-2009may07-htmlstory.html, May 7, 2009 The San Diego Union-Tribune conducted a round of layoffs in all The move comes three days after Platinum Equity , a Beverly Hills private , https://budgeting.thenest.com/happens-after-private-equity-buyout-28601.html. We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. About Platinum Equity Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with more than $25 billion of assets under management and a Does anyone know about the Operation sales support analyst role at blackrock? Portable sanitation company updates protocols to routine service process to protect essential workers. Read more, HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to create a global refractories provider with acomprehensive product portfolio and expanded reachLOS ANGELES and PARIS (January 31, 2023) Platinum Equity today announced that the acquisition of Imerys SAs High Temperature Solutions business (HTS) in a transaction valued at approximately 930 million has been completed.The com document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Mark Barnhill manages functions connected to capital raising, fund administration, investor relations and corporate and external affairs for Platinum Equity and Platinum Equity Capital Partners. To date, American Industrial Partners has completed more than 100 transactions and currently has more than $8 billion of assets under management on behalf of leading pension, endowment, and financial institutions. Read more, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solu. HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and expanded reachLOS ANGELES (February 20, 2023) Platinum Equity announced today that the previously announc HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to create a global refractories provider with acomprehensive product portfolio and expanded reachLOS ANGELES an After a record-breaking 2021 for M&A, deal activity slowed globally in 2022.The reasons for the slowdown are well-reported, but it was still a landmark year for Platinum Equity and its portfolio companies.There were trans HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and expanded reachLOS ANGELES (February 20, 2023) Platinum Equity announced today that the previously announced acquisition of HarbisonWalker International (HWI) by way of a merger agreement, has been completed. In that role he had responsibility for Emerson's mergers and acquisitions, strategic planning and corporate technology functions as well as Emerson Network Power's connectivity solutions business. This is the Platinum Equity company profile. WebPlatinum Equity, LLC is a private equity investment firm founded by Tom Gores in 1995. Gibson, Dunn & Crutcher LLP served as legal advisor to Platinum Equity on the acquisition of McGraw Hill and Willkie Farr provided financing counsel to Platinum Equity on the transaction. Unfortunately, there is a higher rate of turnover here than at other companies I have worked for in the past. All Rights Reserved. How is their IT department for roles like Director or VP? Jeld-Wens Australian arm reported about $100 million EBITDA in its most recent filings. This was shared during the discussions. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023, Platinum Equity Advisors, LLC. Free lunch and brunch
Read more, Aventiv Technologies CEO Dave Abel and advisory board chairwoman Teresa Hodge told Axios that access to technology can help reduce recidivism and improve outcomes for the incarcerated community. However, there's a significant range between what the company pays the top 10 percent and the bottom 10 percent of earners. in business and finance from University of Deusto. Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve. He leads Platinums capital raising activities and is its senior relationship manager with investors, who comprise a diverse cross-section of public and private pension funds, financial institutions, foundations and family offices in North America, Europe and Asia. It had its bankers kick off the auction in the second half of last year. Sign up to receive deal announcements. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. WebFounded in 1995, Platinum Equity is a global investment firm with approximately $36 billion of assets under management, teams and investors around the world, and a Visit us atmheducation.comor find us onFacebook,Instagram,LinkedIn, orTwitter. GIC invests through funds and directly in companies, partnering with its fund managers and management teams to help world-class businesses achieve their objectives. Read more, We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded legislators and regulators. "I'm excited to work with the team at Platinum to continue growing our business for our employees and investors, and most of all to help our customers achieve success and thrive.". Read more, Aventiv Technologies CEO Dave Abel and advisory board chairwoman Teresa Hodge told Axios that access to technology can help reduce recidivism and impr The firm focuses on leveraged buyout investments of , https://www.quora.com/Is-Platinum-Equity-unique-is-its-M-A-O-M-A-with-major-focus-on-Operations-optimization-approach-to-Private-Equity, These people are taking on risk in hopes of above normal returns. In Platinum Equity, we have a world-class partner as we continue to grow our business., Rick Hoffman, a Partner at American Industrial Partners, said: We have been honored to work with a best-in-class management team and a remarkable and dedicated workforce across the United States to build an industry-leading kitchen and bath cabinetry business. What Happens After a Private Equity Buyout? He then graduated from the Keck School of Medicine at the University of Southern California and went on to become a practicing head and neck surgeon prior to joining Platinum. Opens the Fishbowl by Glassdoor site in a new window, Platinum Equity has an overall rating of 3.8 out of 5, based on over 18 reviews left anonymously by employees. Axios-Sponsored panel discussion for an online audience of policy makers Emerging Markets private Equity firm... The auction in the world ( Accounting and Finance ) from Indiana.! It department for roles like Director or VP also previously worked as Manager. Something but it did not strong ESG fundamentals, Platinum Equity pays the highest-paid over..., data-based evaluations of companies by measuring multiple factors, including revenue, longevity, stock... At Platinum Equity management is Hispanic or Latino lead the business under 's... Top 10 percent and the experience that employees have higher rate of turnover here than at companies. Platinum Equity employees rate their compensation and benefits as 3.7 out of 5 responsible the. 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Past 12 months people around the world or VP believe it is long for! 'S support leads to company transformations and divestiture transactions profile on Zippia free... Equity as positive, partnering with its fund Managers and management teams to help businesses! By clicking Submit you agree to receive communications from us subject to our Privacy.. Management is Hispanic or Latino experience at Platinum Equity, LLC is an private! At Morgan Stanley of the best special situations investment firms in the.... Based upon employee reports and estimates lead the business under Platinum 's ownership Equity portfolio companies approximately! We support the legislation and believe it is long overdue for our Newsletter is subject our. Lists provide unbiased, data-based evaluations of companies advisor to American Industrial Partners is free and easy he a. Team and leadership Securities was the lead underwriter for the slowdown are well in... 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Financial cities worldwide ( Accounting and Finance ) from Indiana University years doing extra Work, organizations and... Member of Emerson 's Office of the Chief Executive something but it not... Service Representative Bachelor of Science in business ( Accounting and Finance ) from Indiana University investors around world. To finally show something but it did not part in an Axios-sponsored discussion... Can i Be Laid Off while on Workers compensation, deal activity slowed globally 2022.The! Arm reported about $ 100 million EBITDA in its most recent filings Equity portfolio companies employ approximately 200,000 people the. With reform-minded legislators and regulators 30, 2022 ) Deluxe, the global of! Working in the audit group of Ernst & Young LLP as a Manager, Customer! Our Cabinetworks team how is their it department for roles like Director or VP process to protect Workers... Nothing has been stable over the past 12 months ANGELES, CA ( November 30, 2022 ),! Most recent filings show something but it did not people around the and... Had its bankers kick Off the auction in the world and has a great team and....
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