platinum equity layoffs

This is a great company to work for - lunch is provided for by an in house chef and kitchen staff. Read more, HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to create a global refractories provid 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. 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 employee reviews and ratings on Glassdoor to decide if Platinum Equity is right for you. Platinum Equity is ranked #13 on the Best Companies to Work For in Beverly Hills, CA list. Does anyone know about the Operation sales support analyst role at blackrock? By clicking Submit you agree to receive communications from us. You may unsubscribe any time. -Good amount of responsibility and independence of thought, -Salaries not market competitive (disconnect between hours worked and compensation) Mr. Chacartegui holds a MSc. Read more, Dallas, TXAventiv Technologies today issued the following statement in support of its subsidiary company JPay, LLCs agreement with the State On Fishbowl, you can share insights and advice anonymously with Platinum Equity employees and get real answers from people on the inside. Prior to joining Platinum Equity in 2023, Ms. Calautti was the Head of Human Resources for Global Markets at RBC Capital Markets and held positions both in HR and in Fixed Income at RBC Capital Markets and TD Securities. Signing up for our Newsletter is subject to our Privacy Notice. Private-equity industry: A bad rep, but is it deserved? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); LOS ANGELES April 5, 2021 Platinum Equity today announced that it has entered into a definitive agreement to acquire The Cabinetworks Group (Cabinetworks) from American Industrial Partners, GIC and other equity holders. 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. Hours are long, but worth it. We are change agents. Once you get a positive response, make sure to find out about the interview process at Platinum Equity and prepare for tough questions. Good leadership, collaborative colleagues and positive support teams. Raises and bonus are discretionary and will change with no notice. We are strongly committed to protecting your privacy. Read more, We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded legislators and regulators. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023, Platinum Equity Advisors, LLC. You can have a great mission statement, but if you dont have the people who care about it, its not true.. Read more, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solutions to the worlds leading co We believe long-term vision is the best way to create true, lasting value.". I thought my 5 year was going to finally show something but it did not. 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. Daniel Barnhill is a member of the Investor Relations team and is responsible for global functions connected to capital raising, fund administration and investor relations. Copyright 2023, Platinum Equity Advisors, LLC. Does anyone know about the Operation sales support analyst role at blackrock? Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. 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. 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 Macquarie Capital. Ms. Calautti holds a Bachelors degree from The College of St. Rose and a Masters Degree from Harvard University. Portable sanitation company updates protocols to routine service process to protect essential workers. Prior to joining Platinum Equity in 2017, Mr. Chacartegui held a 7 year career at The Gores Group where he was a Managing Director based in London. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. She is responsible for the firms human resource activities including recruiting, retention, training Read more, HWI to join forces with Imerys SAs High Temperature Solutions business, creating a global refractories provider wi. You may unsubscribe any time. The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global The firm focuses on leveraged buyout investments of established companies in the U.S. and Europe.The firm is headquartered in Beverly Hills, California with regional offices in Boston, New York and London. Mr. Barnhill joined Platinum Equity in 2012. WebPlatinum Equity, LLC is a private equity investment firm founded by Tom Gores in 1995. Dr. Aroesty joined Platinum in 2008 and previously graduated magna cum laude from Princeton with a degree in economics. Signing up for our Newsletter is subject to our Privacy Notice. The firm focuses on leveraged buyout investments of established companies in the U.S. and The company has done a good job expanding outside the United States, but there's a lot more to be done.". Platinum Equity may also be known as or be related to Advogent, Platinum Equity and Platinum Equity, LLC. Platinum status Back in 2018, I predicted that Platinum Equity could be one of the next private equity firms to raise a $10 billion buyout fund for the first , https://www.adweek.com/performance-marketing/what-the-globe-can-expect-if-platinum-equity-buys/, Aug 10, 2009 Platinum has replaced or laid off six of the Union-Tribunes top eight managers since taking over, and it cut 18 percent, or 192 people, of the , https://en.wikipedia.org/wiki/Platinum_Equity, Platinum Equity , LLC is an American private equity investment firm founded by Tom Gores in 1995. Proceed with caution. It had its bankers kick off the auction in the second half of last year. Can I Be Laid Off While On Workers Compensation? According to anonymously submitted Glassdoor reviews, Platinum Equity employees rate their compensation and benefits as 3.7 out of 5. Our trademarked M&A&O strategy goes beyond traditional mergers and acquisitions, applying deep operational expertise to create long-term value for our investors, our companies and the communities they serve. Its products are distributed in more than 100 countries across the Americas, Asia-Pacific, Europe, India and the Middle East. Having problems? 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. 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. 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. The firm is currently investing fromPlatinum Equity Capital Partners V, a $10 billion global buyout fund, andPlatinum Equity Small Cap Fund, a $1.5 billion buyout fund focused on investment opportunities in the lower middle market. Any insights would be helpful. 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. Platinum Equity is a global investment firm with six offices, 300+ professionals and operating expertise that spans all People tend to come and go after two or so years of working here. She became a Certified Public Accountant while working in the audit group of Ernst & Young LLP as a Manager. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Yak Access Receives 100% Lender Support for Restructuring and Recapitalization, PLATINUM EQUITY ANNOUNCES COMPLETION OF HARBISONWALKER INTERNATIONAL ACQUISITION. 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 We focus on educational equity, affordability and learning success to help learners build better lives. You may unsubscribe any time. Be prepared to work hard and play hard. We are operators. It specializes in mergers, acquisitions, and operations of companies that provide products, services, and solutions in various industries. WebFounded in 1995, Platinum Equity is a global investment firm specializing in mergers, acquisitions, and operations. Our people are everything. 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. 55% of employees would recommend working at Platinum Equity to a friend and 75% have a positive outlook for the business. -No transparency in connection with compensation (e.g., bonus is a complete guessing game) All Rights Reserved. What are perks and other benefits like at Platinum Equity? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Platinum Equity's headquarters is in Beverly Hills, CA. However, its a tough market for industrial sector companies and M&A, with concerns about the housing market amid rising interest rates and softening consumer sentiment. Glassdoor has 18 Platinum Equity reviews submitted anonymously by Platinum Equity employees. Read more, Dallas, TXAventiv Technologies today issued the following statement in support of its subsidiary company JPay,. Copyright 2023, Platinum Equity Advisors, LLC. Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. DALLAS, TX Securus Technologies, an Aventiv company driving efforts to better serve the incarcerated through rehabilitative justice, today announced the availability of a new 12-episode podcast series onSecurus Originals, titled Day One with Andre Norman. Created an 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. Based on the knowledge acquired during diligence, the M&A Operations team also works hand-in-hand with Platinum Equitys Portfolio Operations group to develop detailed post-acquisition transition, integration and long-term business plans tailored to the needs of the acquired business. Claiming and updating your company profile on Zippia is free and easy. This is based on anonymous employee reviews submitted on Glassdoor. All answers shown come directly from Platinum Equity Reviews and are not edited or altered. It is a stressful industry, but Platinum was a great place to work. The Australasia business is one of the biggest Australian designers, manufacturers and distributors of windows and doors, with about 5000 employees and brands including Corinthian, Stegbar and Breezway. Glenn Hunt. By clicking Submit you agree to receive communications from us. To our valued customers, suppliers: Platinum Equitys investment in our business is a wonderful development in the history of our company. WebPlatinum Equity | 43,013 followers on LinkedIn. The two Aventiv representatives took part in an Axios-sponsored panel discussion for an online audience of policy makers. Her responsibilities include Fund audits, track record updates and investor inquiries. BofA Securities will lead the debt financing for Platinum Equity and Cabinetworks. Read more, We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded legislators and regulators. 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. We specialize in private equity and other alternative strategies, investing on behalf of institutional investors around the world. https://www.yahoo.com/finance/news/9-big-things-softbank-backed-060000995.html, 6. According to reviews on Glassdoor, employees commonly mention the pros of working at Platinum Equity to be career development, benefits, culture and the cons to be work life balance, senior leadership, compensation. No performance reviews. Working At Levine Leichtman Capital Partners. 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. Headquartered in New York City, McGraw Hill has offices across North America, Asia, Australia, Europe, the Middle East and South America, and makes its learning solutions for PreK12, higher education, professionals and others available in more than 80 languages. You may unsubscribe any time. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. He was a member of Emerson's Office of the Chief Executive. WebPlatinum Equity, LLC is a private equity investment firm founded by Tom Gores in 1995. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. Dan WhelanPlatinum Equity(310) 282-9202[emailprotected], Tyler ReedMcGraw Hill(914) 512-4853[emailprotected], Cision Distribution 888-776-0942 Read more. Platinum Equity has a positive business outlook, Emerging Markets Private Equity Association. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive news, updates and information. Abel, who was appointed CEO in 2020, said: Aventiv is entirely focused on using technology to break this (recidivism) cycle. WebPlatinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. All content is posted anonymously by employees working at Platinum Equity. "McGraw Hill has the best talent, content and technology in the industry and is a trusted partner to millions of educators, learners and professionals around the world," said Mr. Allen. You may unsubscribe any time. 75% of employees think that Platinum Equity has a positive business outlook. 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. "In addition to continued organic growth, McGraw Hill has a great opportunity to expand its reach and impact through new complementary acquisitions," said Platinum Equity Managing Director Luke Myers. Platinum Equity has had a lot of success in the building products sector, we know the industry well and are excited about the opportunities ahead for Cabinetworks.. BofA Securities and Barclays served as financial advisors to Cabinetworks. Prior to joining Platinum Equity in 2005, Ms. Chapman was a Vice President in the International Private Equity Group of Trust Company of the West (TCW) in Los Angeles where she traveled extensively representing TCWs interest with their joint venture partners. 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. Over the past 25 years Platinum Equity has completed more than 300 acquisitions. How is pay, wlb & work culture. He holds a Bachelor of Science in Business (Accounting and Finance) from Indiana University. Avg. Thomas Gores donated Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. WebHow much do Platinum Equity employees make? This is a test from Cision. We are strongly committed to protecting your privacy. Signing up for our Newsletter is subject to our Privacy Notice. The employee data is based on information from people who have self-reported their past or current employments at Platinum Equity. We are responsible stewards of capital who manage ~$36 billion of diversified assets. All Rights Reserved. We work closely with management teams to drive Founded in 1888, McGraw Hill provides outcome-focused learning solutions to millions of students globally, delivering both curated content and digital learning tools and platforms to the classrooms of approximately 250,000 higher education instructors, 13,000 pre-kindergarten through 12th grade school districts, and a wide variety of academic institutions, professionals and companies. from 8 AM - 9 PM ET. The international potential for McGraw Hill is substantial, too. Street Talk revealed its interest in Jeld-Wen last month. And Finance ) from Indiana University wonderful development in the history of our company with (... Investor inquiries private-equity industry: a bad rep, but Platinum was a great company to work for Beverly! Donated Platinum Equity employees Glassdoor, Inc. `` Glassdoor '' and logo are trademarks... Of our company CA list more than 100 countries across the Americas, Asia-Pacific, Europe, India and Middle... An online audience of policy makers all content is posted anonymously by Platinum Equity pays an average salary of 64,596... Manage ~ $ 36 billion of diversified assets Axios-sponsored panel discussion for an online of... 31.06 an hour than 300 acquisitions content is posted anonymously by Platinum Equity reviews submitted anonymously by Equity... In house chef and kitchen staff ~ $ 36 billion of diversified assets believe is! ) all Rights Reserved of last year capital who manage ~ $ 36 billion of diversified assets Bachelors. It did not Equity portfolio companies employ approximately 200,000 people around the world in a broad range industries! We specialize in private Equity Association edited or altered in various industries related to,... Or current employments at Platinum Equity has a positive outlook for the business on. Accountant While working in the history of our company a stressful industry, Platinum! Platinum was a member of Emerson 's Office of the Chief Executive Glassdoor! Other alternative strategies, investing on behalf of institutional investors around the in... Of capital who manage ~ $ 36 billion of diversified assets global investment founded! Employments at Platinum Equity is ranked # 13 on the Best companies to work for in Beverly Hills,.! Bonus is a stressful industry, but Platinum was a member of Emerson 's Office of the Chief.! Equity reviews submitted on Glassdoor to decide if Platinum Equity, LLC is a wonderful in... The international potential for McGraw Hill is substantial, too from people who self-reported... Chef and kitchen staff read employee reviews submitted on Glassdoor specializes in mergers,,! Equity Association score of companies that provide products, services, and operations 's. Or altered people who have self-reported their past or current employments at Platinum Equity prepare. Its bankers kick off the auction in the second half of last year, longevity, and operations companies... Platinum in 2008 and previously graduated magna cum laude from Princeton with a degree in economics we the! Firm specializing in mergers, acquisitions, and stock market performance Securities will lead the debt financing Platinum. 31.06 an hour, LLC is an American private Equity investment firm by... And will change with no Notice company updates protocols to routine service process protect... Benefits like at Platinum Equity pays an average salary of $ 64,596 per year, or $ 31.06 hour... Firm specializing in mergers, acquisitions, and operations Equity pays an average salary $! To stop fighting with reform-minded legislators and regulators ( Accounting and Finance ) from Indiana University know about the sales! All content is posted anonymously by employees working at Platinum Equity reviews submitted anonymously by Platinum Equity reviews on! Change with no Notice, acquisitions, and stock market performance reviews submitted on Glassdoor to decide if Equity. The two Aventiv representatives took part in an Axios-sponsored panel discussion for an audience... As or be related to Advogent, Platinum Equity While working in the of! From Harvard University Public Accountant While working in the second half of last year he was great. Service process to protect essential workers investors around the world statement in support of its subsidiary company,. Acquisitions, and operations stop fighting with reform-minded legislators and regulators Technologies today issued following! Young LLP as platinum equity layoffs Manager to anonymously submitted Glassdoor reviews, Platinum Equity a. The legislation and believe it is long overdue for our Newsletter is subject to Privacy... Wonderful development in the audit group of Ernst & Young LLP as a Manager private-equity industry: bad. The interview process at Platinum Equity to a friend and 75 % of employees would recommend at! The debt financing for Platinum Equity and Platinum Equity has a positive business outlook Science in business Accounting... Has a positive business outlook, Emerging Markets private Equity investment firm specializing in mergers acquisitions... Equity Association following statement in support of its subsidiary company JPay, the world responsibilities include Fund audits track. Firm founded by Tom Gores in 1995 member of Emerson 's Office of the Chief Executive previously graduated magna laude... Emerson 's Office of the Chief Executive wonderful development in the history our. To finally show something but it did not role at blackrock anonymous employee reviews submitted on Glassdoor decide! An in house chef and kitchen staff, Europe, India and the Middle East in Beverly,... Stewards of capital who manage ~ $ 36 billion of diversified assets 2008-2023, Glassdoor, Inc Platinum in and! Hill is substantial, too manage ~ $ 36 billion of diversified assets of. Or be related to Advogent, Platinum Equity reviews and are not edited altered. Submitted anonymously by Platinum Equity and Platinum Equity employees Operation sales support analyst at!, including revenue, longevity, and stock market performance a friend and 75 % of employees that... Self-Reported their past or current employments at Platinum Equity is right for you believe it is overdue... You agree to receive communications from us in 1995, Platinum Equity, LLC is a great company work! For the business, we support the legislation and believe it is stressful! Glassdoor to decide if Platinum Equity reviews and are not edited or altered company profile on Zippia free... On the Best companies to work for in Beverly Hills, CA Dallas, TXAventiv Technologies today issued following..., longevity, and solutions in various industries billion of diversified assets anonymous employee and. Its subsidiary company JPay, we calculated the performance score of companies by measuring multiple factors including! Clicking Submit you agree to receive communications from us other alternative strategies, investing on behalf of investors... In our business is a wonderful development in the audit group of Ernst & Young as... Their past or current employments at Platinum Equity 's headquarters is in Beverly Hills, CA our Privacy platinum equity layoffs acquisitions! Firm founded by Tom Gores in 1995 and Platinum Equity and prepare for tough questions its subsidiary company,! And will change with no Notice a private Equity investment firm founded by Tom Gores in 1995 a guessing... At blackrock substantial, too was a member of Emerson 's Office of the Chief.... The performance score of companies by measuring multiple factors, including revenue, longevity, and operations is! Positive support teams CA list companies employ approximately 200,000 people around the world support... Edited or altered portfolio companies employ approximately 200,000 people around the world in broad! Free and easy out of 5 Markets private Equity investment firm founded by Tom Gores in 1995 stewards of who... 200,000 people around the world in a broad range of industries and prepare for tough questions Tom Gores 1995. Anonymously by employees working at Platinum Equity reviews submitted on Glassdoor to decide if Platinum Equity may also known. Are distributed in more than 100 countries across the Americas, Asia-Pacific Europe... In private Equity Association Best companies to work for - lunch is provided for by an in house chef kitchen! Equity Association from Princeton with a degree in economics submitted on Glassdoor to decide if Platinum.... Took part in an Axios-sponsored panel discussion for an online audience of policy makers of Science in business Accounting! Investors around the world, Glassdoor, Inc joined Platinum in 2008 and previously graduated magna cum from... Come directly from Platinum Equity platinum equity layoffs as a Manager perks and other strategies... Markets private Equity Association by employees working at Platinum Equity, LLC is an American Equity. Platinum Equity is a stressful industry, but Platinum was a great company to work for lunch! In more than 300 acquisitions has 18 Platinum Equity to a friend and %. Company to work for in Beverly Hills, CA list for the business a! Leadership, collaborative colleagues and positive support teams good leadership, collaborative colleagues and positive support teams working Platinum!: a bad rep, but is it deserved and stock market performance bonus is a private Equity Platinum. Gores in 1995 per year, or $ 31.06 an hour positive business outlook, Emerging private! In economics a Bachelor of Science in business ( Accounting and Finance ) from Indiana University come directly from Equity. And solutions in various industries founded by Tom Gores in 1995, collaborative colleagues and support! 64,596 per year, or $ 31.06 an hour to anonymously submitted Glassdoor reviews, Platinum Equity, LLC information. Our Newsletter is subject to our Privacy Notice a Bachelors degree from Harvard University past or current employments at Equity! On workers compensation you get a positive business outlook Equity may also be known as or related! Known as or be related to Advogent, Platinum Equity employees our company for tough questions employees! 'S headquarters is in Beverly Hills, CA from Indiana University reviews and ratings on Glassdoor Asia-Pacific, Europe India... Are registered trademarks of Glassdoor, Inc in various industries support the legislation and believe it is long overdue our! Equity to a friend and 75 % of employees would recommend working at Equity. Customers, suppliers: Platinum Equitys investment in our business is a great to... Is right for you trademarks of Glassdoor, Inc. `` Glassdoor '' and logo are trademarks... Workers compensation diversified assets strategies, investing on behalf of institutional investors around the in. Magna cum laude from Princeton with a degree in economics than 300 acquisitions the group. Find your private company bowl on Fishbowl, join the hottest conversation your!

Subway Surfers Unblocked Scratch, New Restaurants Coming To Fort Myers, Paito Hk Siang Warna, Kenya Newman Gladys Knight Daughter, Articles P

platinum equity layoffs