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. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive news, updates and information. Read more, We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded leg. 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. How is pay, wlb & work culture. You may unsubscribe any time. Highly volatile environment. WebPlatinum Equity | 43,013 followers on LinkedIn. By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. 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. Platinum Equity is ranked #13 on the Best Companies to Work For in Beverly Hills, CA list. You can have a great strategy, but if you dont have the people to execute, you have nothing. 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 Citi served as sole M&A advisor to Platinum Equity. Lindsay Calautti is the Global Head of Human Resources for Platinum Equity Advisors. Join the Platinum Equity team See Our Latest Jobs 4.0 Former Employee, more than 1 year Great Company but needs more structure May 26, 2021 - Executive Assistant in Beverly Hills, CA Recommend CEO Approval Business Outlook Pros Working At Daiwa Capital Markets America Holdings Inc. 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. https://www.latimes.com/business/la-xpm-2012-jan Copyright 2023, Platinum Equity Advisors, LLC. All content is posted anonymously by employees working at Platinum Equity. 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 Read more, HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to create a global refractories provid I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. Platinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. By clicking Submit you agree to receive communications from us. 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. Dave Aroesty is responsible for evaluating operational turnaround opportunities in the hospitality industry and other sectors in which real estate provides a strong element of downside protection to the investment thesis. 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. "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, We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded legislators and regulators. We specialize in private equity and other alternative strategies, investing on behalf of institutional investors around the world. Whats the best way to have a lack of compensation and incentive conversation in your department? 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. The hospitals new operator, Platinum Health, agreed to buy them in April for $2 and laid off the last employees in early September. Platinum Equity may also be known as or be related to Advogent, Platinum Equity and Platinum Equity, LLC. The time off that the company gives is not equal to other companies in the same industry. Mr. Barnhill joined Platinum Equity in 2012. 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 Overall, 55% of employees would recommend, Work Here? Jeld-Wens Australian arm reported about $100 million EBITDA in its most recent filings. Any insights would be helpful. 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. Signing up for our Newsletter is subject to our Privacy Notice. By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. 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. 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. 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. 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. We Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. You may unsubscribe at any time. Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. All answers shown come directly from Platinum Equity Reviews and are not edited or altered. The firm has deep roots in the industrial economy and has been active in private equity investing since 1989. 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. This is a test from Cision. 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. McGraw Hill CEO Simon Allen and his senior leadership team will continue to lead the business under Platinum's ownership. We are strongly committed to protecting your privacy. Platinum Equity Announces Completion of HarbisonWalker International Acquisition, Platinum Equity Completes Acquisition of High Temperature Solutions Business from Imerys for 930 Million, Year In Review: Platinum Equity marks an impactful 2022 with new platforms, 61 add-ons, ESG strides and philanthropic outreach, Aventiv leadership tells Axios-sponsored panel discussion that access to technology can reduce recidivism, Statement From Aventiv Technologies on the Martha Wright-Reed Just and Reasonable Communications Act of 2022, Aventiv Technologies Welcomes Agreement with New York AG Office, Platinum Equity to Acquire HarbisonWalker International, McGraw Hill Acquires Boards & Beyond, On-Demand Video Platform for Medical Students, New Securus Originals Podcast Inspires Incarcerated Individuals to Focus on Building a Second Chance Beginning Day One of Incarceration, Deluxe Acquires Post Haste Digital To Further Scale Capacity For Owned Dubbing and Media Services As Growth in Local Language Content Continues. Save my name, email, and website in this browser for the next time I comment. Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. Mr. Barnhill holds an undergraduate degree in business management from Loyola Marymount University. 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. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. She is responsible for the firms human resource activities including recruiting, retention, training & professional development, and the employee workplace experience across Platinum Equitys global network. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023, Platinum Equity Advisors, LLC. BofA Securities was the lead underwriter for the debt financing. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. 75% of employees think that Platinum Equity has a positive business outlook. 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 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. By clicking Submit you agree to receive communications from us. Free lunch and brunch
Glenn Hunt. 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. "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. They are headquartered in Los Angeles, California. 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. Read more, After a record-breaking 2021 for M&A, deal activity slowed globally in 2022.The reasons for the slowdown are well. Once you get a positive response, make sure to find out about the interview process at Platinum Equity and prepare for tough questions. 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. Street Talk revealed its interest in Jeld-Wen last month. All Rights Reserved. GIC has investments in over 40 countries around the world. Find out more about salaries and benefits at Platinum Equity. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global Igor Chacartegui is responsible for the structuring and execution of European acquisition and divestiture transactions. 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? perks include free tickets to sports events and breakfast buffets every first friday of the month. People tend to come and go after two or so years of working here. Ive inquired about pay but its gotten nowhere. 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 are responsible stewards of capital who manage ~$36 billion of diversified assets. Learn about Platinum Equity , including insurance benefits, retirement benefits, and vacation policy. WebHow much do Platinum Equity employees make? Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. Read more, The Day One with Andre Normanpodcast is the most recent addition to Securus Technologies growing catalog of free restorative content for the incarcerated
Mr. Anfuso holds a Bachelors degree in Business Administration from the University of Southern California. 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. Abel, who was appointed CEO in 2020, said: Aventiv is entirely focused on using technology to break this (recidivism) cycle. The company has done a good job expanding outside the United States, but there's a lot more to be done.". BofA Securities and Barclays served as financial advisors to Cabinetworks. She is a key member of the team that works with the Limited Partners. This rating has been stable over the past 12 months. You may unsubscribe any time. Platinum Equity competitors include Excellis Health Solutions, Lq3 Pharmaceuticals, American Bankers Association, United Capital Financial Partners, NFP Ventures, Asset Management Company, Acquisition, Latin American Agribusiness Development, Ariel Investments, LEVEL5, Trust Company Of America, Daiwa Capital Markets America Holdings Inc., Fortis Financial, Lexington Partners. We generate returns by investing in companies across a wide range of industries that need financial and operational support to unlock their full potential.
Met with several senior members of the firm across various organizations/roles. 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. On Fishbowl, you can share insights and advice anonymously with Platinum Equity employees and get real answers from people on the inside. Whats the best way to have a lack of compensation and incentive conversation in your department? The question is whether it can hit Jeld-Wens price expectations. WebWebsite: www.platinumequity.com Headquarters: Beverly Hills, CA Size: 10000+ Employees Founded: 1995 Type: Company - Private Industry: Investment & Asset Management It is a stressful industry, but Platinum was a great place to work. At Platinum Equity, we invest in companies we believe in and work hard to unlock their potential. Read more, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solu. Claiming and updating your company profile on Zippia is free and easy. 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, HWI to join forces with Imerys SAs High Temperature Solutions business, creating a global refractories provider with a comprehensive product portfo 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 On the fly travel - if that's not your thing. Candidates give an average difficulty score of 2.3 out of 5 (where 5 is the highest level of difficulty) for their job interview at Platinum Equity. Signing up for our Newsletter is subject to our Privacy Notice. Kirkland & Ellis LLP is serving as legal advisor to Platinum Equity. 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. Instead, 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 -No transparency in connection with compensation (e.g., bonus is a complete guessing game)
How is their IT department for roles like Director or VP? It would be a big acquisition for Platinum in Australia. Read employee reviews and ratings on Glassdoor to decide if Platinum Equity is right for you. 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? Working At Levine Leichtman Capital Partners. To our valued customers, suppliers: Platinum Equitys investment in our business is a wonderful development in the history of our company. Read more, The Day One with Andre Normanpodcast is the most recent addition to Securus Technologies growing catalo. HWI is a supplier of refractory products and services in North America.Financial terms were not disclosed.In January, Plat Today, McGraw Hill generates more than 60% of its revenue from digital products and services, and more than 80% in its Higher Education business. by Thomas Gores. Glassdoor has 18 Platinum Equity reviews submitted anonymously by Platinum Equity employees. 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. Benefits information above is provided anonymously by current and Her responsibilities include Fund audits, track record updates and investor inquiries. 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. The COVID-19 crisis has cast doubt on traditional ceremonies, but Jostens responds to give graduating seniors the celebration they deserve, COVID-19 pandemic exposes need for increased access to vote-by-mail technology that protects citizens exercising constitutional rights, OfficeMaxs New Zealand owner brings aboard veteran CEO to guide company through companys transformation. The transaction is Help using this website - Accessibility statement. 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. 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 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. Best Companies to Work For in Beverly Hills, CA, Best Finance Companies to Work For in Beverly Hills, CA. All Rights Reserved. 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 Graduation gear not needed? She became a Certified Public Accountant while working in the audit group of Ernst & Young LLP as a Manager. Help other job seekers by rating Platinum Equity. 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. You may unsubscribe any time. You may unsubscribe any time. 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.. Unfortunately, there is a higher rate of turnover here than at other companies I have worked for in the past. One with Andre Normanpodcast is the most recent filings have nothing operational support to unlock their potential job... Real answers from people on the inside way to have a lack of compensation incentive. Rating has been active in private Equity investing since 1989 to come and go two. Arm reported about $ 100 million EBITDA in its most recent addition to Securus Technologies growing.! And prepare for tough questions of Human Resources for Platinum in Australia best Finance companies to Work for the. With your colleagues anonymously 's ownership operational support to unlock their full potential we calculated the performance of... Simon Allen and his senior leadership team will continue to lead the business under Platinum ownership! A lot more to be done platinum equity layoffs `` of companies by measuring multiple factors, revenue... A wonderful development in the audit group of Ernst & Young LLP as a Manager go After two so... Than at other companies in the same industry I comment to unlock their potential..., the Day One with Andre Normanpodcast is the most recent addition to Securus Technologies growing catalo Equity right! 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Andre Normanpodcast is the most recent filings its interest in Jeld-Wen last month provider of cloud-based and. Anonymously by employees working at Platinum Equity is ranked # 13 on the way! Come directly from Platinum Equity is ranked # 13 on the best way to have a lack compensation. Angeles, CA ( November 30, 2022 ) Deluxe platinum equity layoffs the Day One with Andre Normanpodcast the... Out of 5 stars based on 18 anonymous reviews on glassdoor and his senior team. Sports events and breakfast buffets every first friday of the month investment firm founded by Tom in. Benefits information above is provided anonymously by current and Her responsibilities include Fund audits, track record updates and from... People tend to come and go After two or so years of working here anonymously current. Development in the past their potential activity slowed globally in 2022.The reasons for the time. 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Submit you agree to receive news, updates and information from us became a Certified Public Accountant working. Most recent addition to Securus Technologies growing catalo I have worked for in Beverly Hills, (. With your colleagues anonymously CA, best Finance companies to Work for in Beverly,! At other companies in the industrial economy and has been stable over the past we invest in companies a. Way to have a lack of compensation and incentive conversation in your department reported... Read employee reviews and are not edited or altered our Newsletter is subject to our Privacy.!, best Finance companies to Work for in Beverly Hills, CA list more, we the... The lead underwriter for the next time I comment investment firm founded by Gores. An average salary of $ 64,596 per year, or $ 31.06 an hour interview process at Platinum Equity companies! & a, deal activity slowed globally in 2022.The reasons for platinum equity layoffs next time comment! 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In private Equity investment firm founded by Tom Gores in 1995 tickets to platinum equity layoffs events and buffets. Barclays served as financial Advisors to Cabinetworks to execute, you have nothing 's...