WebPlatinum Equity Salaries How much do Platinum Equity employees make? Read more, HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and e. Jeld-Wen has marked its Australasia unit for review and is seriously considering a full exit, as shown by its decision to run a two-part auction. There was another example of the value Platinum Equity can provide to founder-owned businesses.The firm and its por 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 HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and expanded reachLOS ANGELES (February 20, 2023) Platinum Equity announced today that the previously announc HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to create a global refractories provider with acomprehensive product portfolio and expanded reachLOS ANGELES an After a record-breaking 2021 for M&A, deal activity slowed globally in 2022.The reasons for the slowdown are well-reported, but it was still a landmark year for Platinum Equity and its portfolio companies.There were trans HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and expanded reachLOS ANGELES (February 20, 2023) Platinum Equity announced today that the previously announced acquisition of HarbisonWalker International (HWI) by way of a merger agreement, has been completed. Our people are everything. 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. 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 What Happens After a Private Equity Buyout? BofA Securities was the lead underwriter for the debt financing. 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. You may unsubscribe at any time. 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. Commercial Customer Service Representative. Private Equity Firms Have Caused Painful Job Losses And , Private equitys path to job cuts LinkedIn. 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. BofA Securities will lead the debt financing for Platinum Equity and Cabinetworks. 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. 9% of Platinum Equity management is Hispanic or Latino. You may unsubscribe any time. Verify your email to use filters. Platinum Equity is ranked #13 on the Best Companies to Work For in Beverly Hills, CA list. Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. On the fly travel - if that's not your thing. You learn the essentials of the executive assistant role that you can take with you anywhere, Duties and responsibilities aren't always concretely specified, Focus on results and strong team work while allowing individuality. 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. "McGraw Hill is one of the most trusted names in education and has been delivering best-in-class content for more than 130 years," said Platinum Equity Partner Jacob Kotzubei. Any insights would be helpful. BofA Securities and Barclays served as financial advisors to Cabinetworks. 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. "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.". The Platinum Equity portfolio consists of an industry-diverse, multi-billion-dollar group of approximately 50 operational complex businesses. Is it possible to break into IB, consulting or corporate development without a masters and without a top of the line GPA? With the You may unsubscribe any time. Read more, HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to cr. Read more, Dallas, TXAventiv Technologies today issued the following statement in support of its subsidiary company JPay, LLCs agreement with the State of New York Attorney Generals office to provide free stamps to JPay consumers incarcerated at NYSDOCCS and pay a one-time $50,000.00 fine associated with customer service complaints regarding the operability of older generation media tablets at correctional facilities in New York State. Craig Ashmore is responsible for senior level business development activities focused on identifying new acquisition opportunities. 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. in business and finance from University of Deusto. Portable sanitation company updates protocols to routine service process to protect essential workers. 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. WebPlatinum Equity, LLC is a private equity investment firm founded by Tom Gores in 1995. 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. Igor Chacartegui is responsible for the structuring and execution of European acquisition and divestiture transactions. The firm has deep roots in the industrial economy and has been active in private equity investing since 1989. We believe long-term vision is the best way to create true, lasting value.". Transaction oriented business is a fantastic education. 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. All Rights Reserved. The data presented on this page does not represent the view of Platinum Equity and its employees or that of Zippia. All content is posted anonymously by employees working at Platinum Equity. Lindsay Calautti is the Global Head of Human Resources for Platinum Equity Advisors. 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. No performance reviews. Platinum Equity specializes in mergers, acquisitions and operations a trademarked strategy it calls M&A&O acquiring and operating companies in a broad By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. She is responsible for the firms human resource activities including recruiting, retention, training Overall, 55% of employees would recommend working at Platinum Equity to a friend. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. 100% of job seekers rate their interview experience at Platinum Equity as positive. 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. 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. Visit us atmheducation.comor find us onFacebook,Instagram,LinkedIn, orTwitter. Seems like there is more of a focus on working than work/life balance and the experience that employees have. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. Abel, who was appointed CEO in 2020, said: Aventiv is entirely focused on using technology to break this (recidivism) cycle. 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. About McGraw HillMcGraw Hill is a learning science company that delivers personalized learning experiences that drive results for students, parents, educators and professionals. 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. About GIC GIC is a leading global investment firm established in 1981 to manage Singapore's foreign reserves. 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. Here are further demographic highlights of the leadership team: The Platinum Equity executive team is 24% female and 76% male. 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. How is their IT department for roles like Director or VP? In stark contrast with many other providers of inmate communications services, wea Read more, Aventiv Technologies CEO Dave Abel and advisory board chairwoman Teresa Hodge told Axios that access to technology ca. This rating has been stable over the past 12 months. Read more, Dallas, TXAventiv Technologies today issued the following statement in support of its subsidiary company JPay,. Instead, Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. You can have a great strategy, but if you dont have the people to execute, you have nothing. 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. 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. 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. Glassdoor gives you an inside look at what it's like to work at Platinum Equity, including salaries, reviews, office photos, and more. Copyright 2023, Platinum Equity Advisors, LLC. Mr. Chacartegui also previously worked as a Vice President at Providence Equity Partners and M&A analyst at Morgan Stanley. Benefits information above is provided anonymously by current and Ive inquired about pay but its gotten nowhere. WebPlatinum Equity | 37,679 followers on LinkedIn. Save my name, email, and website in this browser for the next time I comment. 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. 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. Having problems? 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? Read more, The Day One with Andre Normanpodcast is the most recent addition to Securus Technologies growing catalog of free restorative content for 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 WebPlatinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. You may unsubscribe any time. 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. 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. I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. He then graduated from the Keck School of Medicine at the University of Southern California and went on to become a practicing head and neck surgeon prior to joining Platinum. We believe long-term vision is the best way to create true, lasting value. How is pay, wlb & work culture. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023, Platinum Equity Advisors, LLC. 55% of Platinum Equity employees would recommend working there to a friend based on Glassdoor reviews. Whats the best way to have a lack of compensation and incentive conversation in your department? Platinum Equity employees are most likely to be members of the Republican Party. HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and expa HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to creat HWI to join forces with Imerys SAs High Temperature Solutions business, creating a global refractories provider with Acquisition expands McGraw Hills position as a leading provider of trusted medical learning resources to students and LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solutio HWI and Calderys to join forces, creating a global refractor HTS to operate under Calderys brand and combine with pending HWI to join forces with Imerys SAs High Temperature Solut Acquisition expands McGraw Hills position as a leading pr LOS ANGELES, CA (November 30, 2022) Deluxe, the global p By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. 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