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. We are strongly committed to protecting your privacy. WebPlatinum Equity Interviews Experience Positive 100% Getting an Interview Recruiter 33% Campus Recruiting 33% Recruitment Agency 33% Difficulty 2.3 Average Hard Average Easy 27 Jan 2021 Associate Interview Anonymous Employee in United States Declined Offer Positive Experience Average Interview Interview On the fly travel - if that's not your thing. Read more, HWI to join forces with Imerys SAs High Temperature Solutions business, creating a global refractories provider with a comprehensive product portfolio and expanded reachLOS ANGELES (December 14, 2022) Platinum Equity announced today the signing of a definitive merger agreement to acquire HarbisonWalker International (HWI), a supplier of refractory products and services in North America.Financial terms were not disclosed. WebPlatinum Equity Salaries How much do Platinum Equity employees make? Dan WhelanPlatinum Equity(310) 282-9202[emailprotected], Tyler ReedMcGraw Hill(914) 512-4853[emailprotected], Cision Distribution 888-776-0942 Mr. Barnhill is responsible for strategic planning and administration of the firms private equity fund vehicles. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. 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 CHICAGO, Jan. 31, 2020 /PRNewswire/ -- Cision Ltd., a leading global provider of software and services to public relations and marketing communications professionals, today announced that it has been acquired by an affiliate of Platinum Equity in an all cash transaction valued at approximately $2.7 billion. 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. We work closely with management teams to drive All Rights Reserved. Neither Noble nor Platinum made good on that in the months since, employees contend. 55% of employees would recommend working at, According to anonymously submitted Glassdoor reviews, Platinum Equity employees rate their compensation and benefits as 3.7 out of 5. We specialize in private equity and other alternative strategies, investing on behalf of institutional investors around the world. By clicking Submit you agree to receive communications from us. Over the past 25 years Platinum Equity has completed more than 300 acquisitions. 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? Read more, The Day One with Andre Normanpodcast is the most recent addition to Securus Technologies growing catalog of free restorative content for This is a test from Cision. Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. Sign up to receive deal announcements. Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. Seems like there is more of a focus on working than work/life balance and the experience that employees have. Read more, Acquisition expands McGraw Hills position as a leading provider of trusted medical learning resources to students and professionalsCOLUMBUS, Ohio (December 6, 2022) McGraw Hill today announced that it has acquired Ryan Medical Education LLC, d/b/a Boards & Beyond, a provider of on-demand video libraries and comprehensive online resources that help medical students efficiently learn fundamentals of medical basic sciences and clinical me Read more, HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and expanded reachLOS ANGELES (Februar Verify your email to use filters. Read more, The Day One with Andre Normanpodcast is the most recent addition to Securus Technologies growing catalo. By clicking Submit you agree to receive communications from us. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. This rating has been stable over the past 12 months. Platinum Equity is in the private equity industry. -Good amount of responsibility and independence of thought, -Salaries not market competitive (disconnect between hours worked and compensation) Glassdoor has 18 Platinum Equity reviews submitted anonymously by Platinum Equity employees. 63% of the management team is White. You may unsubscribe any time. Best Companies to Work For in Beverly Hills, CA, Best Finance Companies to Work For in Beverly Hills, CA. 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. Asked great questions. 9 big things: SoftBank-backed layoffs are everywhere Yahoo Finance, Is Platinum Equity unique is its M&A&O (M&A with major focus , Can You Be Laid Off While On Medical Leave, Can A Company Find Out If You Were Laid Off, Can You Say You Were Laid Off Instead Of Fired, Can You Go On Disability After Being Laid Off, Can You Be Laid Off While On Short-Term Disability. All Rights Reserved. By clicking Submit you agree to receive communications from us. American buyout group Platinum Equity is in final stage talks to acquire windows, doors and shower screens group Jeld-Wen Australasia, after an auction run by For more information on American Industrial Partners, visit www.americanindustrial.com. You may unsubscribe at any time. Transaction oriented business is a fantastic education. WebFounded 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 Employees also rated Platinum Equity 2.7 out of 5 for work life balance, 3.0 for culture and values and 2.9 for career opportunities. -In-house catering service 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. Claiming and updating your company profile on Zippia is free and easy. Ms. Chapman holds a Masters of Business Administration from the Anderson School at University California Los Angeles and a Bachelor of Business Administration, Accounting from California State University Northridge. You may unsubscribe any time. "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.". He was a member of Emerson's Office of the Chief Executive. Any insights would be helpful. I want all Cabinetworks employees to understand that this announcement validates what you already know in your heart: the future is limitless for our company when we delight our customers with products and service. A disciplined long-term value investor, GIC is uniquely positioned for investments across a wide range of asset classes, including equities, fixed income, private equity, real estate and infrastructure. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2021. Claim your Free Employer Profile. No performance reviews. He is member of the group responsible for the acquisitions and operations of Platinum Equitys hotel platform. Read more, Aventiv Technologies CEO Dave Abel and advisory board chairwoman Teresa Hodge told Axios that access to technology ca. The firm focuses on leveraged buyout investments of established McGraw Hill CEO Simon Allen and his senior leadership team will continue to lead the business under Platinum's ownership. You may unsubscribe any time. We are excited to work with Simon Allen and all of McGraw Hill's talented employees to continue investing in growth and innovation.". Leading saw chain manufacturer offers support for those who need a helping hand after Mother Natures devastation, Science Based Target goals part of companys commitment to reducing greenhouse gas emissions, Specialty chemicals producer teams up with U.S.-based food packaging manufacturer to provide an alternative to PFAS, Fitbit, Noom agreements are examples of companys continuing commitment to digital technology, Orbit executive Stuart Eyring describes companys growth since Platinums 2019 acquisition, Company executive: Platinum investment boosts Elevates efforts to remain at the forefront of innovation in the denim world, President Paul Bay tells CRN in Q&A that Platinum Equity fully committed to Ingram Micros goals, objectives, Chief strategy officer Anna Lee seeks to Showcase the companys ability to help content distributors reach all audiences, Under Platinum Equity founders stewardship, the Detroit Pistons are one of the few NBA teams led by Black men in top two roles, Canadian manufacturer helps bottled water company achieve whatever goal we want to achieve, Yearbook Plus is going to give students a chance to tell their own story in this historic year, Company cites unprecedented speed to market in developing tech for needed contact tracing, B-hyve smart controller tech gets high marks for quality at an affordable price, Want to know how Valpak helps small business? Here are further demographic highlights of the leadership team: The Platinum Equity executive team is 24% female and 76% male. Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. Read more, HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and e. Copyright 2023, Platinum Equity Advisors, LLC. By submitting your contact information, you acknowledge that you have read our Privacy Notice and that you consent to our processing of data in accordance with our Privacy Notice. Ali Bajwa is responsible for managing the transition of newly acquired companies into Platinum Equitys portfolio. Mr. Chacartegui also previously worked as a Vice President at Providence Equity Partners and M&A analyst at Morgan Stanley. Mr. Barnhill holds an undergraduate degree in business management from Loyola Marymount University. About GIC GIC is a leading global investment firm established in 1981 to manage Singapore's foreign reserves. Platinum Equity employees are most likely to be members of the Republican Party. Craig Ashmore is responsible for senior level business development activities focused on identifying new acquisition opportunities. School memorabilia manufacturer pivots to providing for essential workers. Platinum Equity specializes in mergers, acquisitions and operations a trademarked strategy it calls M&A&O acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, building products, media and entertainment, technology, telecommunications and other industries. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Cabinetworks is the largest independently owned manufacturer and distributor of kitchen and bath cabinets in the United States under the nations leading brands, including: KraftMaid, Medallion, Smart, Merillat, Yorktowne, Echelon, Advanta, Studio Full Access, Master WoodCraft, and Cabinets 2000. Read more, We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded leg. The Australian business represents only 10 per cent of group revenue and Jeld-Wen wants to focus on matters closer to home. With the Prior to joining Platinum Equity in 2016, Mr. Bajwa held positions at Motorola and PwC where he focused on performance improvement initiatives, acquisition integration and divestiture management strategies for private equity portfolio companies and Fortune 500 businesses. Proceed with caution. Its products are distributed in more than 100 countries across the Americas, Asia-Pacific, Europe, India and the Middle East. We are proud of what Cabinetworks has accomplished during our partnership over the last eight years and believe the company is now positioned for still greater success in the years to come.. Portable sanitation company updates protocols to routine service process to protect essential workers. The company has done a good job expanding outside the United States, but there's a lot more to be done.". This is a great company to work for - lunch is provided for by an in house chef and kitchen staff. In stark contrast with many other providers of inmate communications services, wea While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Citi served as sole M&A advisor to Platinum Equity. Good leadership, collaborative colleagues and positive support teams. They are headquartered in Los Angeles, California. How is their IT department for roles like Director or VP? At Platinum Equity, we invest in companies we believe in and work hard to unlock their potential. Free lunch and brunch WebPlatinum is one of the best special situations investment firms in the world and has a great team and leadership. -No transparency in connection with compensation (e.g., bonus is a complete guessing game) It is understood US-listed Jeld-Wen is talking to Platinum on an exclusive basis, trying to lock down a price and terms acceptable to both parties. 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. Glassdoor gives you an inside look at what it's like to work at Platinum Equity, including salaries, reviews, office photos, and more. Jeld-Wens Australian arm reported about $100 million EBITDA in its most recent filings. Read more. Read more, HWI to join forces with Imerys SAs High Temperature Solutions business, creating a global refractories provider with a comprehensive product portfo Great career starting point. Private-equity industry: A bad rep, but is it deserved? For more information about GIC, please visit www.gic.com.sg. This employer has not claimed their Employer Profile and is missing out on connecting with our community. By submitting your contact information, you acknowledge that you have read our Privacy Notice and that you consent to our processing of data in accordance with our Privacy Notice. from 8 AM - 9 PM ET. We are strongly committed to protecting your privacy. When typing in this field, a list of search results will appear and be automatically updated as you type. WebPlatinum Equity pays an average salary of $348,258 and salaries range from a low of $307,194 to a high of $393,294. You may unsubscribe at any time. Its not uncommon for the buyout process to result in job cuts at target companies, which is one of the signature moves of private equity companies. Instead, we have adopted a more collaborative approach that balances the needs of the incarcerated individuals and their families who use and pay for our services, and the corrections agencies that contract for them. by Thomas Gores. It is a stressful industry, but Platinum was a great place to work. 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 You may unsubscribe any time. The data presented on this page does not represent the view of Platinum Equity and its employees or that of Zippia. Sign up to receive deal announcements. 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. She works closely with Platinum Equitys M&A teams to deploy diligence resources and ensure that a comprehensive analysis of each prospective investment is completed. Tell me about your prior experience in private equity. Today, McGraw Hill generates more than 60% of its revenue from digital products and services, and more than 80% in its Higher Education business. Street Talk revealed its interest in Jeld-Wen last month. You may unsubscribe any time. 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. This rating has been stable over the past 12 months. WebPITTSBURGH, Dec. 14, 2022 /PRNewswire/ -- The Board of Directors of HarbisonWalker International (HWI) today announced that it has signed an agreement to be acquired by The time off that the company gives is not equal to other companies in the same industry. You can have a great strategy, but if you dont have the people to execute, you have nothing. LOS ANGELES and NEW YORK, Aug. 2, 2021 /PRNewswire/ --Platinum Equity announced today that it has completed the acquisition of McGraw Hill, a global leader in educational content and digital platforms, for a purchase price of approximately $4.5 billion. By submitting your contact information, you acknowledge that you have read our Privacy Notice and that you consent to our processing of data in accordance with our Privacy Notice. Read more, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solutions to the worlds leading co By clicking Submit you agree to receive communications from us. BofA Securities and Barclays served as financial advisors to Cabinetworks. The investment firm typically seeks to acquire private companies, public firms that want to become private, and units that large corporations are looking to divest; these enterprises usually have established brands, Opens the Fishbowl by Glassdoor site in a new window. About Platinum EquityFounded 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. 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