The firm focuses on leveraged buyout investments of established 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. Verify your email to use filters. It specializes in mergers, acquisitions, and operations of companies that provide products, services, and solutions in various industries. 9% of Platinum Equity management is Hispanic or Latino. Mr. Anfuso holds a Bachelors degree in Business Administration from the University of Southern California. 55% of employees would recommend working at Platinum Equity to a friend and 75% have a positive outlook for the business. "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. Free lunch and brunch 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. 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. Tell me about your prior experience in private equity. Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. As I wrote a few weeks ago, economists at Harvard University and the University of , https://www.linkedin.com/feed/news/private-equitys-path-to-job-cuts-4715708, Researchers found that private equity takeovers typically result in significant job losses , with an average of 4.4% of a companys jobs vanishing in the first , https://www.sandiegouniontribune.com/sdut-bn07layoffs145114-2009may07-htmlstory.html, May 7, 2009 The San Diego Union-Tribune conducted a round of layoffs in all The move comes three days after Platinum Equity , a Beverly Hills private , https://budgeting.thenest.com/happens-after-private-equity-buyout-28601.html. 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. -Good amount of responsibility and independence of thought, -Salaries not market competitive (disconnect between hours worked and compensation) With the document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023, Platinum Equity Advisors, LLC. 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. 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. This rating has been stable over the past 12 months. Platinum Equity specializes in mergers, acquisitions and operations a trademarked strategy it calls M&A&O acquiring and operating companies in a broad 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. To our valued customers, suppliers: Platinum Equitys investment in our business is a wonderful development in the history of our company. On the fly travel - if that's not your thing. 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. 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. Read more, The Day One with Andre Normanpodcast is the most recent addition to Securus Technologies growing catalo. 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. Prior to joining Platinum Equity in 2022, Mr. Anfuso worked at New State Capital Partners. $30,400 to the Democratic Party. Overall, 55% of employees would recommend working at Platinum Equity to a friend. By clicking Submit you agree to receive communications from us. This is based on anonymous employee reviews submitted on Glassdoor. 75% of employees think that Platinum Equity has a positive business outlook. seven continents. Its products are distributed in more than 100 countries across the Americas, Asia-Pacific, Europe, India and the Middle East. 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. Kirkland & Ellis LLP is serving as legal advisor to Platinum Equity. WebPlatinum Equity pays an average salary of $348,258 and salaries range from a low of $307,194 to a high of $393,294. 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 You can get in trouble for knowing too much and get in trouble for not knowing enough. 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. Read more, HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to create a global refractories provid Ive inquired about pay but its gotten nowhere. Platinum Equity specializes in mergers, acquisitions and operations a trademarked strategy it calls M&A&O acquiring and operating companies in a broad Overall, 55% of employees would recommend, Work Here? 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. 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.. Visit us atmheducation.comor find us onFacebook,Instagram,LinkedIn, orTwitter. 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. We are strongly committed to protecting your privacy. Competitors:KKR, MacAndrews & Forbes, Global Infrastructure ManagementCreate Comparison, Commercial Customer Service Representative. Dr. Aroesty joined Platinum in 2008 and previously graduated magna cum laude from Princeton with a degree in economics. Mr. Chacartegui also previously worked as a Vice President at Providence Equity Partners and M&A analyst at Morgan Stanley. 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. 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. We are investors. Read more, After a record-breaking 2021 for M&A, deal activity slowed globally in 2022.The reasons for the slowdown are well. The firm focuses on leveraged buyout investments of established companies in the U.S. and 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. Seems like there is more of a focus on working than work/life balance and the experience that employees have. Have you worked at Platinum Equity? 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. 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. 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 You can have a great mission statement, but if you dont have the people who care about it, its not true.. Citi served as sole M&A advisor to Platinum Equity. GIC has investments in over 40 countries around the world. Read more, HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and e. Asked great questions. 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. I thought my 5 year was going to finally show something but it did not. Glenn Hunt. 63% of the management team is White. 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. She is responsible for the firms human resource activities including recruiting, retention, training 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. Signing up for our Newsletter is subject to our Privacy Notice. Met with several senior members of the firm across various organizations/roles. Sign up to receive deal announcements. Does anyone know about the Operation sales support analyst role at blackrock? She became a Certified Public Accountant while working in the audit group of Ernst & Young LLP as a Manager. 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. 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. At Platinum Equity, we invest in companies we believe in and work hard to unlock their potential. WebPlatinum Equity | 37,679 followers on LinkedIn. 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 Read more. You may unsubscribe any time. This was shared during the discussions. You may unsubscribe at any time. -In-house catering service All Rights Reserved. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023, Platinum Equity Advisors, LLC. 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, 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. We are change agents. 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 McGraw Hill CEO Simon Allen and his senior leadership team will continue to lead the business under Platinum's ownership. Graduation gear not needed? We focus on educational equity, affordability and learning success to help learners build better lives. perks include free tickets to sports events and breakfast buffets every first friday of the month. 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. The firm has deep roots in the industrial economy and has been active in private equity investing since 1989. 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. WebHow much do Platinum Equity employees make? The two Aventiv representatives took part in an Axios-sponsored panel discussion for an online audience of policy makers. Prior to joining Platinum Equity in 2016, Mr. Bajwa held positions at Motorola and PwC where he focused on performance improvement initiatives, acquisition integration and divestiture management strategies for private equity portfolio companies and Fortune 500 businesses. The Australian business represents only 10 per cent of group revenue and Jeld-Wen wants to focus on matters closer to home. Having problems? I thought my 5 year was going to finally show something but it did not. Copyright 2023, Platinum Equity Advisors, LLC. None of the information on this page has been provided or approved by Platinum Equity. 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. People tend to come and go after two or so years of working here. 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. Find out more about salaries and benefits at Platinum Equity. 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. Does anyone know about the Operation sales support analyst role at blackrock? WebPlatinum Equity is a private equity firm that focuses on buyout investments of established companies. However, there's a significant range between what the company pays the top 10 percent and the bottom 10 percent of earners. Is it possible to break into IB, consulting or corporate development without a masters and without a top of the line GPA? -No transparency in connection with compensation (e.g., bonus is a complete guessing game) -No performance feedback (except via word-of-mouth from other teams), Great workplace to take initiative and learn quickly. We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. "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. Signing up for our Newsletter is subject to our Privacy Notice. How is their IT department for roles like Director or VP? Read more, Aventiv Technologies CEO Dave Abel and advisory board chairwoman Teresa Hodge told Axios that access to technology can help reduce recidivism and improve outcomes for the incarcerated community. Awesome benefits and perks if you are in the "in" group. The international potential for McGraw Hill is substantial, too. The transaction is It would be a big acquisition for Platinum in Australia. We All Rights Reserved. Changes wont be saved until you sign up for an Enhanced Profile subscription. About Platinum EquityFounded 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. He holds a Bachelor of Science in Business (Accounting and Finance) from Indiana University. You may unsubscribe any time. 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. 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. Read more, Aventiv Technologies CEO Dave Abel and advisory board chairwoman Teresa Hodge told Axios that access to technology ca. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. Until you sign up for our Newsletter is subject to our Privacy Notice Accounting and Finance ) from Indiana.., Asia-Pacific, Europe, India and the Middle East this page been... 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