Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Find a Great First Job to Jumpstart Your Career, Learn How to State Your Case and Earn Your Raise, Platinum Equity thinks the companies it owns are just precious. Does anyone know about the Operation sales support analyst role at blackrock? WebPlatinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. I thought my 5 year was going to finally show something but it did not. However, there's a significant range between what the company pays the top 10 percent and the bottom 10 percent of earners. We are excited to work with Simon Allen and all of McGraw Hill's talented employees to continue investing in growth and innovation.". He also has responsibilities related to post-transition monitoring and oversight of operational performance at certain portfolio companies. 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. All Rights Reserved. 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. The firm focuses on leveraged buyout investments of established Copyright 2023, Platinum Equity Advisors, LLC. Read more, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solu. Signing up for our Newsletter is subject to our Privacy Notice. Business Based on 6 salaries Vice President 3 salaries Managing Director 1 salary View More Administrative Based on 5 salaries Executive Assistant 5 salaries View More Legal 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. Private-equity industry: A bad rep, but is it deserved? 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. 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. 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 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. How is their IT department for roles like Director or VP? She became a Certified Public Accountant while working in the audit group of Ernst & Young LLP as a Manager. I thought my 5 year was going to finally show something but it did not. Here are further demographic highlights of the leadership team: The Platinum Equity executive team is 24% female and 76% male. You may unsubscribe any time. 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. 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. Pros Type Investor Status Active Founded 1995 HQ Beverly Hills, CA, US | view all locations Website Met with several senior members of the firm across various organizations/roles. 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? With the We specialize in private equity and other alternative strategies, investing on behalf of institutional investors around the world. About McGraw HillMcGraw Hill is a learning science company that delivers personalized learning experiences that drive results for students, parents, educators and professionals. School memorabilia manufacturer pivots to providing for essential workers. COVID-19 response illustrates one way the company is driving business transformation and industry reform to make products more accountable Portable sanitation company teams up with King County (Wash.) to protect those unable to adhere to social distancing guidelines, Company joins industry-wide effort that combines resources and expertise to increase production of personal protective equipment, Scottish companys assistance critical in the production of protective visors for healthcare workers. 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. platinum equity platinum equity co platinum equity corp platinum equity inc platinum equity llc platinum equity llc Platinum Equity Global Presence Search All Employees Proceed with caution. A successful leveraged buyout firm grows the economy. Awesome benefits and perks if you are in the "in" group. Employees rate Platinum Equity 3.8 out of 5 stars based on 18 anonymous reviews on Glassdoor. Help other job seekers by rating Platinum Equity. There was another example of the value Platinum Equity can provide to founder-owned businesses.The firm and its por Read more, HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and e. WebLindsay Calautti is the Global Head of Human Resources for Platinum Equity Advisors. You can get in trouble for knowing too much and get in trouble for not knowing enough. The company has done a good job expanding outside the United States, but there's a lot more to be done.". The announcement was made by Chris Reynolds, Deluxes Executive Vice President and General Manager of Worldwide Localization and Fulfillment. WebPlatinum is one of the best special situations investment firms in the world and has a great team and leadership. At Platinum Equity, we invest in companies we believe in and work hard to unlock their potential. Find out more about, 55% of Platinum Equity employees would recommend working there to a friend, Great company - lots of benefits but high turnover, Great fast moving environment requiring lots of responsibility and initiative, Emerging Markets Private Equity Association. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2021. BofA Securities and Barclays served as financial advisors to Cabinetworks. The firm focuses on leveraged buyout investments of established companies in the U.S. and The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global By R.J. King - April 6, 2021 Platinum Equity has acquired The Cabinetworks Group in Ann Arbor. Recent News and Discussions About Platinum Equity Layoffs Private-equity industry: A bad rep, but is it deserved? Find out more about salaries and benefits at Platinum Equity. 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. Read more, HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to create a global refractories provid 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. The hospitals new operator, Platinum Health, agreed to buy them in April for $2 and laid off the last employees in early September. You may unsubscribe any time. Overall, 55% of employees would recommend working at Platinum Equity to a friend. People tend to come and go after two or so years of working here. 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. Overall, 55% of employees would recommend, Work Here? We believe long-term vision is the best way to create true, lasting value. 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. This is based on anonymous employee reviews submitted on Glassdoor. Save my name, email, and website in this browser for the next time I comment. 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. 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. Does anyone know about the Operation sales support analyst role at blackrock? It had its bankers kick off the auction in the second half of last year. Benefits information above is provided anonymously by current and 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 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. 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. Read more, Dallas, TXAventiv Technologies today issued the following statement in support of its subsidiary company JPay, LLCs agreement with the State -No transparency in connection with compensation (e.g., bonus is a complete guessing game) 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. Raises and bonus are discretionary and will change with no notice. Good leadership, collaborative colleagues and positive support teams. 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. 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. While the deals yet to be agreed, the exclusive talks are a pretty good sign Platinum has seen off rival contenders for the unit, including Australias Allegro Funds, to be homing in on a deal. GIC invests through funds and directly in companies, partnering with its fund managers and management teams to help world-class businesses achieve their objectives. 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, Acquisition expands McGraw Hills position as a leading provider of trusted medical learning resources to students . Our people are everything. 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. He holds a Bachelor of Science in Business (Accounting and Finance) from Indiana University. Read more, HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and expanded reachLOS ANGELES (Februar document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. 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. On Fishbowl, you can share insights and advice anonymously with Platinum Equity employees and get real answers from people on the inside. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. Tell me about your prior experience in private equity. WebPlatinum Equity is a private equity firm that focuses on buyout investments of established companies. 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. Can I Be Laid Off While On Workers Compensation? 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. The time off that the company gives is not equal to other companies in the same industry. The companys leading position in the cabinets space, combined with Platinum Equitys operational toolkit and M&A resources, make Cabinetworks a great fit for our portfolio., Todd Golditch, a Managing Director at Platinum Equity, said: We are thrilled to partner with CEO Joe Gross and the entire Cabinetworks team. 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. Read more, HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to cr. WebWebsite: www.platinumequity.com Headquarters: Beverly Hills, CA Size: 10000+ Employees Founded: 1995 Type: Company - Private Industry: Investment & Asset Management from 8 AM - 9 PM ET. Verify your email to use filters. Read more, 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 transactions in Europe, a result of Platinum Equitys commitment to the continent. You may unsubscribe any time. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. Signing up for our Newsletter is subject to our Privacy Notice. https://www.latimes.com/business/la-xpm-2012-jan-12-la-fi-private-equity-20120112-story.html, Jan 12, 2012 The cost savings from the 192 layoffs announced that day, and 150 or so others over the next year, helped Beverly Hills-based Platinum Equity , Transaction provides substantial capital to fuel next phase of M&A-driven growth and expansion LOS ANGELES December 20, 2021 Platinum Equity portfolio , https://www.forbes.com/sites/mayrarodriguezvalladares/2019/10/30/private-equity-firms-have-caused-painful-job-losses-and-more-are-coming/, Oct 30, 2019 In fact, private equity firms cause significant unemployment. Be prepared to work hard and play hard. Geoff Anfuso is responsible for debt capital placement and related corporate finance activity for new and existing portfolio companies. By clicking Submit you agree to receive communications from us. Prior to joining Platinum Equity in 2022, Mr. Anfuso worked at New State Capital Partners. This rating has been stable over the past 12 months. 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. 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. Hours are long, but worth it. Read more, Dallas, TXAventiv Technologies today issued the following statement in support of its subsidiary company JPay,. Any insights would be helpful. 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. Ali Bajwa is responsible for managing the transition of newly acquired companies into Platinum Equitys portfolio. 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 "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. 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. He is member of the group responsible for the acquisitions and operations of Platinum Equitys hotel platform. This is based on 16 anonymously submitted reviews on Glassdoor. Dr. Aroesty joined Platinum in 2008 and previously graduated magna cum laude from Princeton with a degree in economics. 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. 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. The question is whether it can hit Jeld-Wens price expectations. Free lunch and brunch Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. Help us make this company more transparent. 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 Closing conditions and is expected to close in the world in a broad range of industries Glassdoor,... Stars based on 18 anonymous reviews on Glassdoor invests through funds and directly in companies partnering... Free lunch and brunch Platinum Equity, we invest in companies, partnering with its fund managers management. Webplatinum is one of the best way to create true, lasting value operate under Calderys brand and combine pending. Advisors to Cabinetworks real answers from people on the inside balance, 3.0 for culture values! Bad rep, but there 's a significant range between what the company pays the top 10 percent the... 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