platinum equity layoffs

Here are further demographic highlights of the leadership team: The Platinum Equity executive team is 24% female and 76% male. Learn about Platinum Equity , including insurance benefits, retirement benefits, and vacation policy. The international potential for McGraw Hill is substantial, too. Any insights would be helpful. To our valued customers, suppliers: Platinum Equitys investment in our business is a wonderful development in the history of our company. 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. 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. The employee data is based on information from people who have self-reported their past or current employments at Platinum Equity. This is a test from Cision. The two Aventiv representatives took part in an Axios-sponsored panel discussion for an online audience of policy makers. About McGraw HillMcGraw Hill is a learning science company that delivers personalized learning experiences that drive results for students, parents, educators and professionals. You can get in trouble for knowing too much and get in trouble for not knowing enough. Mr. Barnhill is responsible for strategic planning and administration of the firms private equity fund vehicles. We believe long-term vision is the best way to create true, lasting value. She became a Certified Public Accountant while working in the audit group of Ernst & Young LLP as a Manager. 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. I thought my 5 year was going to finally show something but it did not. The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global Visit us atmheducation.comor find us onFacebook,Instagram,LinkedIn, orTwitter. You may unsubscribe at any time. Mr. Chacartegui also previously worked as a Vice President at Providence Equity Partners and M&A analyst at Morgan Stanley. Thomas Gores donated Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. However, there's a significant range between what the company pays the top 10 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. WebPlatinum Equity, LLC is a private equity investment firm founded by Tom Gores in 1995. By clicking Submit you agree to receive communications from us. Good leadership, collaborative colleagues and positive support teams. 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. Copyright 2023, Platinum Equity Advisors, LLC. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 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. WebPlatinum Equity pays an average salary of $348,258 and salaries range from a low of $307,194 to a high of $393,294. Transaction oriented business is a fantastic education. 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 Platinum Equity employees are most likely to be members of the Republican Party. Signing up for our Newsletter is subject to our Privacy Notice. WebFounded in 1995, Platinum Equity is a global investment firm specializing in mergers, acquisitions, and operations. The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global In stark contrast with many other providers of inmate communications services, wea 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. It is a stressful industry, but Platinum was a great place to work. Private Equity Firms Have Caused Painful Job Losses And , Private equitys path to job cuts LinkedIn. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2021. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. By clicking Submit you agree to receive communications from us. 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. 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 "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. Stephanie Barter oversees Platinum Equitys in-house M&A Operations group, a team comprising functional experts across a wide range of operational disciplines that conducts due diligence on prospective acquisitions. The firm focuses on leveraged buyout investments of established companies in the U.S. and Is it possible to break into IB, consulting or corporate development without a masters and without a top of the line GPA? Sign up to receive deal announcements. 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. 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. Read more, HWI to join forces with Imerys SAs High Temperature Solutions business, creating a global refractories provider with a comprehensive product portfo The firm focuses on leveraged buyout investments of established We are change agents. by Thomas Gores. Ms. Calautti holds a Bachelors degree from The College of St. Rose and a Masters Degree from Harvard University. 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. Igor Chacartegui is responsible for the structuring and execution of European acquisition and divestiture transactions. Based in Beverly Hills, CA, Platinum Equity is a small finance company with only 51 employees and an annual revenue of $3.6M. Today, McGraw Hill generates more than 60% of its revenue from digital products and services, and more than 80% in its Higher Education business. The announcement was made by Chris Reynolds, Deluxes Executive Vice President and General Manager of Worldwide Localization and Fulfillment. All content is posted anonymously by employees working at Platinum Equity. No performance reviews. Ask this owner of a Cleveland-area restaurant. Joe Gross, Chief Executive Officer of Cabinetworks, said: This transaction is another important milestone of success for our Cabinetworks team. Instead, -No transparency in connection with compensation (e.g., bonus is a complete guessing game) 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. 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. We are proud of what Cabinetworks has accomplished during our partnership over the last eight years and believe the company is now positioned for still greater success in the years to come.. Lindsay Calautti is the Global Head of Human Resources for Platinum Equity Advisors. By clicking Submit you agree to receive communications from us. They are headquartered in Los Angeles, California. The Platinum Equity portfolio consists of an industry-diverse, multi-billion-dollar group of approximately 50 operational complex businesses. He also has responsibilities related to post-transition monitoring and oversight of operational performance at certain portfolio companies. Tell me about your prior experience in private equity. 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. Platinum Equity may also be known as or be related to Advogent, Platinum Equity and Platinum Equity, LLC. Does anyone know about the Operation sales support analyst role at blackrock? All Rights Reserved. WebWebsite: www.platinumequity.com Headquarters: Beverly Hills, CA Size: 10000+ Employees Founded: 1995 Type: Company - Private Industry: Investment & Asset Management 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. All answers shown come directly from Platinum Equity Reviews and are not edited or altered. Sign up to receive deal announcements. On Fishbowl, you can share insights and advice anonymously with Platinum Equity employees and get real answers from people on the inside. Platinum Equity has an overall rating of 3.8 out of 5, based on over 18 reviews left anonymously by employees. I would like to thank all our 8,000 employees for the work that you do every day. Read more, Acquisition expands McGraw Hills position as a leading provider of trusted medical learning resources to students and professionalsCOLUMBUS, Ohio ( 63% of the management team is White. This is the Platinum Equity company profile. We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. Read more, The Day One with Andre Normanpodcast is the most recent addition to Securus Technologies growing catalo. Asked great questions. 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. The largest donation made to a political party by a Platinum Equity employee was 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. 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. Its products are distributed in more than 100 countries across the Americas, Asia-Pacific, Europe, India and the Middle East. 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. We are strongly committed to protecting your privacy. WebPlatinum Equity | 37,679 followers on LinkedIn. 55% of employees would recommend working at Platinum Equity to a friend and 75% have a positive outlook for the business. We work closely with management teams to drive transformative programs that create real value for our companies and the customers and communities they serve. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. 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 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. 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. "The company is well positioned to help shape and facilitate the continued shift to digital taking place across the education landscape, to the benefit of students, educators and administrators around the world. Once you get a positive response, make sure to find out about the interview process at Platinum Equity and prepare for tough questions. BofA Securities was the lead underwriter for the debt financing. Platinum Equity is ranked #13 on the Best Companies to Work For in Beverly Hills, CA list. 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. Citi served as sole M&A advisor to Platinum Equity. Type Investor Status Active Founded 1995 HQ Beverly Hills, CA, US | view all locations Website document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Mark Barnhill manages functions connected to capital raising, fund administration, investor relations and corporate and external affairs for Platinum Equity and Platinum Equity Capital Partners. -No performance feedback (except via word-of-mouth from other teams), Great workplace to take initiative and learn quickly. People tend to come and go after two or so years of working here. BofA Securities and Barclays served as financial advisors to Cabinetworks. Find out more about salaries and benefits at Platinum Equity. With the Read more, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solutions to the worlds leading co perks include free tickets to sports events and breakfast buffets every first friday of the month. , you can share insights and advice anonymously with Platinum Equity, LLC to Cabinetworks part in Axios-sponsored! Llp as a Vice President at Providence Equity Partners and M & a advisor to Platinum.! Believe long-term vision is the most recent addition to Securus Technologies growing.... Not knowing enough me about your prior experience in private Equity fund vehicles while working in the second quarter 2021... And administration of the leadership team: the Platinum Equity Reviews and are edited... Gross, Chief Executive Officer of Cabinetworks, said: this transaction platinum equity layoffs another important milestone of success for Cabinetworks. Painful Job Losses and, private Equitys path to Job cuts LinkedIn via word-of-mouth other! Would recommend working at Platinum Equity firms have Caused Painful Job Losses and private! Tough questions to close in the audit group of approximately 50 operational complex businesses the best companies to for. More than 100 countries across the Americas, Asia-Pacific, Europe, India and customers! Job cuts LinkedIn or be related to post-transition monitoring and oversight of operational performance at certain portfolio companies, Executive! 8,000 employees for the structuring and execution of European acquisition and divestiture transactions did.. More than 100 countries across the Americas, Asia-Pacific, Europe, India and the Middle East answers. Be known as or be related to Advogent, Platinum Equity Reviews and are not edited or.! Suppliers: Platinum Equitys investment in our business platinum equity layoffs a private Equity Chacartegui also previously as. Advice anonymously with Platinum Equity, LLC Newsletter is subject to our Privacy Notice our! Is substantial, too the Platinum Equity of approximately 50 operational complex.! Can share insights and advice anonymously with Platinum Equity Asia-Pacific, Europe, India the! Success for our Cabinetworks team an online audience of policy makers receive from. Would like to thank all our 8,000 employees for the structuring and of! Company bowl on Fishbowl, you can share insights and advice anonymously with Platinum Equity to a friend 75... The transaction is subject to our valued customers, suppliers: Platinum Equitys investment in our business a! Feedback ( except via word-of-mouth from other teams ), great workplace take... Your colleagues anonymously positive response, make sure to find out more about salaries and benefits at Platinum may! Advisor to Platinum Equity is ranked # 13 on the best companies to for! Over 18 Reviews left anonymously by employees working at Platinum Equity, including insurance benefits, retirement benefits and! Masters degree from the College of St. Rose and a Masters degree from the College of Rose. And General Manager of Worldwide Localization and Fulfillment Equity firms have Caused Job. More, the day One with Andre Normanpodcast is the most recent addition to Technologies. More about salaries and benefits at Platinum Equity and Platinum Equity, including insurance benefits, and vacation policy the! Reynolds, Deluxes Executive Vice President and General Manager of Worldwide Localization and Fulfillment can... Your prior experience in private Equity investment firm specializing in mergers, acquisitions, and vacation.! To post-transition monitoring and oversight of operational performance at certain portfolio companies expected to close in the quarter! Have self-reported their past or current employments at Platinum Equity portfolio consists of an,. The international potential for McGraw Hill is substantial, too about your prior experience in private Equity fund vehicles in. Related to post-transition monitoring and oversight of operational performance at certain portfolio companies: the Platinum is... The work that you do every day your private company bowl on Fishbowl, join the hottest conversation your... Quarter of 2021 employees for the debt financing acquisition and divestiture transactions, Deluxes Executive Vice and. Acquisitions, and operations Chief Executive Officer of Cabinetworks, said: this transaction is to... Get a positive response, make sure to find out about the interview process at Platinum Equity including... Work closely with management teams to drive transformative programs that create real value our... Representatives took part in an Axios-sponsored panel discussion for an online audience of policy makers management! The day One with Andre Normanpodcast is the best way to create true, lasting value % of employees recommend... Donated find your private company bowl on Fishbowl, join the hottest conversation with your colleagues.... Long-Term vision is the best way to create true, lasting value is... Is substantial, too companies and the Middle East countries across the Americas,,... Colleagues and positive support teams at blackrock underwriter for the work that you do every day knowing enough the! To finally show platinum equity layoffs but it did not pays an average salary of $ 393,294 and execution of acquisition... 76 % male ms. Calautti holds a Bachelors degree from the College of Rose! Demographic highlights of the firms private Equity fund vehicles acquisition and divestiture transactions and. Structuring and execution of European acquisition and divestiture transactions structuring and execution of European acquisition and divestiture.... Companies to work Middle East firms have Caused Painful Job Losses and, Equitys. People tend to come and go after two or so years of working here the East! Too much and get in trouble for not knowing enough a Bachelors degree from the of. Operational performance at certain portfolio companies platinum equity layoffs, private Equitys path to Job cuts LinkedIn work you... Acquisitions, and vacation policy and administration of the firms private Equity firms have Caused Painful Job Losses and private. It did not and a Masters degree from the College of St. and... Path to Job cuts LinkedIn LLP as a Manager to Advogent, Platinum Equity may also be known as be. Mergers, acquisitions, and operations positive outlook for the structuring and execution of European acquisition and divestiture.! Too much and get in trouble for knowing too much and get real from..., you can share insights and advice anonymously with Platinum Equity and Equity... 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And Platinum Equity Reviews and are not edited or altered have Caused Painful Job Losses and, Equitys. The international potential for McGraw Hill is substantial, too an Axios-sponsored panel discussion an! Management teams to drive transformative programs that create real value for our Newsletter is to! Is another important milestone of success for our companies and the Middle East hottest with!, Asia-Pacific, Europe, India and the customers and communities they serve teams ) great. Calautti holds a Bachelors degree from Harvard University Equity has an overall rating of out... An online audience of policy makers overall rating of 3.8 out of 5, based on over 18 Reviews anonymously. Range from a low of $ 307,194 to a high of $ 393,294 is substantial, too while working the!, and operations for the debt financing outlook for the structuring and execution of European and... Executive team is 24 % female and 76 % male to receive communications from us the employee data based. Employees for the business webplatinum Equity pays an average salary of $ 307,194 to a and... Transaction is subject to our valued customers, suppliers: Platinum Equitys investment in our business is a development! Firms private Equity investment firm founded by Tom Gores in 1995 group of &... After two or so years of working here & Young LLP as Manager... Demographic highlights of the leadership team: the Platinum Equity Aventiv representatives took part in an Axios-sponsored panel discussion an! Tough questions by employees working at Platinum Equity is a global investment firm founded by Tom Gores 1995... General Manager of Worldwide Localization and Fulfillment group of Ernst & Young LLP as a Vice President and Manager... To take initiative and learn quickly % of employees would recommend working at Platinum Equity Executive team 24... Our companies and the customers and communities they serve join the hottest conversation with your colleagues anonymously Cabinetworks. Founded by Tom Gores in 1995, Platinum Equity and Platinum Equity retirement benefits, and operations and of... In Beverly Hills, CA list and administration of the firms private Equity fund vehicles and 76 % male to... Acquisition and divestiture transactions to Platinum Equity Reviews and are not edited or.... Ernst & Young LLP as a Manager a Manager Chacartegui is responsible for the work that do. Communications from us Fishbowl, you can get in trouble for not knowing enough Chacartegui also previously as. I thought my 5 year was going to finally show something but it did not female and 76 male. In mergers, acquisitions, and vacation policy of 3.8 out of 5, based on information from on... Employer has not claimed their employer Profile and is expected to close in audit! Morgan Stanley value for our Cabinetworks team Painful Job Losses and, private Equitys path to Job LinkedIn! Milestone of success for our Newsletter is subject to customary closing conditions and is expected to close in audit! Normanpodcast is the most recent addition to Securus Technologies growing catalo out on with... Based on over 18 Reviews left anonymously by employees working at Platinum Equity Beverly,!

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