You can have a great strategy, but if you dont have the people to execute, you have nothing. All those workers who were laid off were . Thomas Gores donated Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock Platinum Equity generates $3.6M in revenue. 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. 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. 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 was a member of Emerson's Office of the Chief Executive. Portable sanitation company updates protocols to routine service process to protect essential workers. Save my name, email, and website in this browser for the next time I comment. On the fly travel - if that's not your thing. Based in Beverly Hills, CA, Platinum Equity is a small finance company with only 51 employees and an annual revenue of $3.6M. 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. Stephanie Chapman is the Chief Accountant for Platinum Equitys funds. You may unsubscribe at any time. WebWebsite: www.platinumequity.com Headquarters: Beverly Hills, CA Size: 10000+ Employees Founded: 1995 Type: Company - Private Industry: Investment & Asset Management 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. Verify your email to use filters. Dan WhelanPlatinum Equity(310) 282-9202[emailprotected], Tyler ReedMcGraw Hill(914) 512-4853[emailprotected], Cision Distribution 888-776-0942 This rating has been stable over the past 12 months. Overall, 55% of employees would recommend, Work Here? The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global Can I Be Laid Off While On Workers Compensation? Platinum Equity specializes in mergers, acquisitions and operations a trademarked strategy it calls M&A&O acquiring and operating companies in a broad He also has responsibilities related to post-transition monitoring and oversight of operational performance at certain portfolio companies. Prior to joining Platinum Equity in 2014, Mr. Ashmore was Executive Vice President of Planning and Development at Emerson (NYSE:EMR). Private Equity Firms Have Caused Painful Job Losses And , Private equitys path to job cuts LinkedIn. 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. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. We specialize in private equity and other alternative strategies, investing on behalf of institutional investors around the world. Free lunch and brunch 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. 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. Sign up to receive deal announcements. WebPlatinum Equity pays an average salary of $348,258 and salaries range from a low of $307,194 to a high of $393,294. Abel, who was appointed CEO in 2020, said: Aventiv is entirely focused on using technology to break this (recidivism) cycle. 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. It specializes in mergers, acquisitions, and operations of companies that provide products, services, and solutions in various industries. 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. WebPlatinum Equity Employee Directory Platinum Equity corporate office is located in 360 N Crescent Dr, Beverly Hills, California, 90210, United States and has 392 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. Raises and bonus are discretionary and will change with no notice. WebPlatinum Equity is a private equity firm that focuses on buyout investments of established companies. 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. 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. WebPlatinum Equity Interviews Experience Positive 100% Getting an Interview Recruiter 33% Campus Recruiting 33% Recruitment Agency 33% Difficulty 2.3 Average Hard Average Easy 27 Jan 2021 Associate Interview Anonymous Employee in United States Declined Offer Positive Experience Average Interview Interview To get a job at Platinum Equity, browse currently open positions and apply for a job near you. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Seems like there is more of a focus on working than work/life balance and the experience that employees have. Craig Ashmore is responsible for senior level business development activities focused on identifying new acquisition opportunities. 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. 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. Read more, HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to cr. Neither Noble nor Platinum made good on that in the months since, employees contend. 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. I thought my 5 year was going to finally show something but it did not. You can have a great mission statement, but if you dont have the people who care about it, its not true.. 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. 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. Mr. Barnhill is responsible for strategic planning and administration of the firms private equity fund vehicles. Platinum Equity specializes in mergers, acquisitions and operations a trademarked strategy it calls M&A&O acquiring and operating companies in a broad 55% of Platinum Equity employees would recommend working there to a friend based on Glassdoor reviews. WebPlatinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. Dr. Aroesty joined Platinum in 2008 and previously graduated magna cum laude from Princeton with a degree in economics. Hours are long, but worth it. This is the Platinum Equity company profile. 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. 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. For more information about GIC, please visit www.gic.com.sg. Signing up for our Newsletter is subject to our Privacy Notice. Platinum Equity pays the highest-paid employees over $134,000 a year, while the lowest-paid employees are paid less than $30,000. It is a stressful industry, but Platinum was a great place to work. We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. 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, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solu. Awesome benefits and perks if you are in the "in" group. 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. $30,400 to the Democratic Party. According to anonymously submitted Glassdoor reviews, Platinum Equity employees rate their compensation and benefits as 3.7 out of 5. 63% of the management team is White. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. 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. 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. This is a great company to work for - lunch is provided for by an in house chef and kitchen staff. Help using this website - Accessibility statement. 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. "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. This was shared during the discussions. He is member of the group responsible for the acquisitions and operations of Platinum Equitys hotel platform. For more information on American Industrial Partners, visit www.americanindustrial.com. Joe Gross, Chief Executive Officer of Cabinetworks, said: This transaction is another important milestone of success for our Cabinetworks team. Commercial Customer Service Representative. 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 Benefits information above is provided anonymously by current and We are strongly committed to protecting your privacy. Highly volatile environment. perks include free tickets to sports events and breakfast buffets every first friday of the month. We are strongly committed to protecting your privacy. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. You may unsubscribe any time. At Platinum Equity, we invest in companies we believe in and work hard to unlock their potential. On the fly travel - if that's not your thing. Signing up for our Newsletter is subject to our Privacy Notice. Platinum Equity is in the private equity industry. Platinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. The company has done a good job expanding outside the United States, but there's a lot more to be done.". Recent News and Discussions About Platinum Equity Layoffs Private-equity industry: A bad rep, but is it deserved? Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. 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. 55% of employees would recommend working at Platinum Equity to a friend and 75% have a positive outlook for the business. We are responsible stewards of capital who manage ~$36 billion of diversified assets. 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. Copyright 2023, Platinum Equity Advisors, LLC. All Rights Reserved. from 8 AM - 9 PM ET. 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. 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