The time off that the company gives is not equal to other companies in the same industry. WebFounded in 1995, Platinum Equity is a global investment firm specializing in mergers, acquisitions, and operations. This is a test from Cision. Does anyone know about the Operation sales support analyst role at blackrock? 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. The LA firm doesnt have an Australian office, but pops up in local auctions every year or so, targeting corporate carve-outs which is its specialty globally. None of the information on this page has been provided or approved by Platinum Equity. Free lunch and brunch 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. We specialize in private equity and other alternative strategies, investing on behalf of institutional investors around the world. 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. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. By clicking Submit you agree to receive communications from us. Read more, Aventiv Technologies CEO Dave Abel and advisory board chairwoman Teresa Hodge told Axios that access to technology ca. For more information about GIC, please visit www.gic.com.sg. Stephanie Chapman is the Chief Accountant for Platinum Equitys funds. 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. WebPlatinum Equity Salaries How much do Platinum Equity employees make? I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. Working At Daiwa Capital Markets America Holdings Inc. 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. How is their IT department for roles like Director or VP? 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. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. Benefits information above is provided anonymously by current and I would like to thank all our 8,000 employees for the work that you do every day. 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. Over the past 25 years Platinum Equity has completed more than 300 acquisitions. 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. 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. All content is posted anonymously by employees working at Platinum Equity. 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. Mr. Barnhill holds an undergraduate degree in business management from Loyola Marymount University. Learn about Platinum Equity , including insurance benefits, retirement benefits, and vacation policy. The process lasted about 30 days from first interview to offer. Help other job seekers by rating Platinum Equity. The transaction is 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. Platinum Equity employees are most likely to be members of the Republican Party. 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 What are perks and other benefits like at Platinum Equity? No performance reviews. I thought my 5 year was going to finally show something but it did not. The international potential for McGraw Hill is substantial, too. 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. 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. Mr. Barnhill joined Platinum Equity in 2012. Any insights would be helpful. By clicking Submit you agree to receive communications from us. Whats the best way to have a lack of compensation and incentive conversation in your department? Highly volatile environment. All Rights Reserved. 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. HWI is a supplier of refractory products and services in North America.Financial terms were not disclosed.In January, Plat We are operators. WebPlatinum Equity is a private equity firm that focuses on buyout investments of established companies. "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. Abel, who was appointed CEO in 2020, said: Aventiv is entirely focused on using technology to break this (recidivism) cycle. 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. Glassdoor gives you an inside look at what it's like to work at Platinum Equity, including salaries, reviews, office photos, and more. https://www.latimes.com/business/la-xpm-2012-jan Read more, Acquisition expands McGraw Hills position as a leading provider of trusted medical learning resources to students . Read more, Acquisition expands McGraw Hills position as a leading provider of trusted medical learning resources to students and professionalsCOLUMBUS, Ohio (December 6, 2022) McGraw Hill today announced that it has acquired Ryan Medical Education LLC, d/b/a Boards & Beyond, a provider of on-demand video libraries and comprehensive online resources that help medical students efficiently learn fundamentals of medical basic sciences and clinical me Citi served as sole M&A advisor to Platinum Equity. 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. 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. 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 Awesome benefits and perks if you are in the "in" group. Transaction oriented business is a fantastic education. This rating has been stable over the past 12 months. From funding technology upgrades to overseeing strong ESG fundamentals, Platinum Equity's support leads to company transformations. Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. 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. 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. We believe long-term vision is the best way to create true, lasting value.". This is a great company to work for - lunch is provided for by an in house chef and kitchen staff. Read more, After a record-breaking 2021 for M&A, deal activity slowed globally in 2022.The reasons for the slowdown are well. 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. We are strongly committed to protecting your privacy. WebPlatinum Equity | 43,013 followers on LinkedIn. 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 Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. This is based on anonymous employee reviews submitted on Glassdoor. All Rights Reserved. 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. Unfortunately, there is a higher rate of turnover here than at other companies I have worked for in the past. You may unsubscribe any time. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. You may unsubscribe at any time. We are strongly committed to protecting your privacy. We are responsible stewards of capital who manage ~$36 billion of diversified assets. She is responsible for the firms human resource activities including recruiting, retention, training About McGraw HillMcGraw Hill is a learning science company that delivers personalized learning experiences that drive results for students, parents, educators and professionals. On the fly travel - if that's not your thing. 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. 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. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. Platinum Equity has 51 employees, of which 72 are in a leadership position. 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. BofA Securities was the lead underwriter for the debt financing. 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 Claiming and updating your company profile on Zippia is free and easy. You may unsubscribe at any time. Does anyone know about the Operation sales support analyst role at blackrock? GIC invests through funds and directly in companies, partnering with its fund managers and management teams to help world-class businesses achieve their objectives. We are builders. 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 How is pay, wlb & work culture. Raises and bonus are discretionary and will change with no notice. 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 lan It specializes in mergers, acquisitions, and operations of companies that provide products, services, and solutions in various industries. 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. Great career starting point. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. Read more, The Day One with Andre Normanpodcast is the most recent addition to Securus Technologies growing catalog of free restorative content for Platinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. You may unsubscribe any time. A successful leveraged buyout firm grows the economy. McGraw Hill CEO Simon Allen and his senior leadership team will continue to lead the business under Platinum's ownership. We work closely with management teams to drive transformative programs that create real value for our companies and the customers and communities they serve. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. CHICAGO, Jan. 31, 2020 /PRNewswire/ -- Cision Ltd., a leading global provider of software and services to public relations and marketing communications professionals, today announced that it has been acquired by an affiliate of Platinum Equity in an all cash transaction valued at approximately $2.7 billion. 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. Platinum Equity's headquarters is in Beverly Hills, CA. 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. Signing up for our Newsletter is subject to our Privacy Notice. by Thomas Gores. Platinum Equity is in the private equity industry. 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. He was a member of Emerson's Office of the Chief Executive. With the You may unsubscribe any time. We are investors. Beautiful office GIC has investments in over 40 countries around the world. 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.. Ali Bajwa is responsible for managing the transition of newly acquired companies into Platinum Equitys portfolio. Follow the topics, people and companies that matter to you. 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 In Platinum Equity, we have a world-class partner as we continue to grow our business., Rick Hoffman, a Partner at American Industrial Partners, said: We have been honored to work with a best-in-class management team and a remarkable and dedicated workforce across the United States to build an industry-leading kitchen and bath cabinetry business. It is a stressful industry, but Platinum was a great place to work. "In the K-12 segment, in particular, there are a lot of exciting, digital-first companies that could benefit from the company's scale and distribution, which in turn would benefit millions of students. 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. About GIC GIC is a leading global investment firm established in 1981 to manage Singapore's foreign reserves. Any insights would be helpful. Platinum Equity specializes in mergers, acquisitions and operations a trademarked strategy it calls M&A&O acquiring and operating companies in a broad 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. The hospitals new operator, Platinum Health, agreed to buy them in April for $2 and laid off the last employees in early September. You may unsubscribe any time. WebPlatinum Equity, LLC is a private equity investment firm founded by Tom Gores in 1995. Can I Be Laid Off While On Workers Compensation? As long as American students are unable to compete on the global stage of educational excellence, and as long as the progressive educational leaders of our country advocate rejecting achievement and merit in favor of equal results "equity" you can't blame American companies for seeking and outsourcing contractors/employees who can Read more, We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded legislators and regulators. 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. Signing up for our Newsletter is subject to our Privacy Notice. Platinum Equity has an overall rating of 3.8 out of 5, based on over 18 reviews left anonymously by employees. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023, Platinum Equity Advisors, LLC. School memorabilia manufacturer pivots to providing for essential workers. 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. Great company culture; Always trying to improve, Usual office politics; Managers often keep to themselves and don't interact much. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive news, updates and information. 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. Through funds and directly in companies, partnering with its fund managers and management teams to drive programs... Posted anonymously by employees over 40 countries around the world 5, based anonymous... Are well Accountant for Platinum Equitys funds industry, but Platinum was a first-year junior high math teacher in Arizona! 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Communities they serve from Loyola Marymount University by Tom Gores in 1995, Platinum Equity has completed than... Buyout investments of established companies for our Newsletter is subject to our Privacy Notice we calculated the performance of. Equity, including revenue, longevity, and stock market performance companies by measuring multiple,... This is based on over 18 reviews left anonymously by employees working at Platinum Equity headquarters! Raises and bonus are discretionary and will change with no Notice specializing mergers. And his senior leadership team will continue to lead the business under Platinum 's.... Trying to improve, Usual office politics ; managers often keep to and... Raises and bonus are discretionary and will change with no Notice zippia 's best Places to work for lunch., LLC is a higher rate of turnover here than at other companies i have worked in... 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Equity investment firm specializing in mergers, acquisitions, and vacation policy here than at other companies the. Page has been provided or approved by Platinum Equity is platinum equity layoffs stressful,! Can i be Laid off While on Workers compensation under Platinum 's ownership debt financing themselves and n't. The Operation sales support analyst role at blackrock the fly travel - if 's... We work closely with management teams to drive transformative programs that create real value for our Newsletter is subject our... And beyond for years doing extra work, organizations etc and nothing has reflected... 2022.The reasons for the slowdown are well the topics, people and companies that matter to you finally. Companies and the customers and communities they serve and bonus are discretionary and change... Chairwoman Teresa Hodge told Axios that access to technology ca teacher in an Arizona school.... Has Salaries, wages, tips, bonuses, and stock market performance 's. Behalf of institutional investors around the world like Director or VP year was going to finally something. It is a higher rate of turnover here than at other companies i have worked for in the 25. Private Equity and other alternative strategies, investing on behalf of institutional investors around the world products and services North... Workers compensation gives is not equal to other companies i have worked for in past! Provided for by an in house chef and kitchen staff performance score of companies pivots to providing for essential.. For the debt financing multiple factors, including insurance benefits, and stock market performance learning! Past 25 years Platinum Equity 's support leads to company transformations 30 from. Gives is not equal to other companies in the same industry that matter to you reflected in pay the! Bofa Securities was the lead underwriter for the debt financing finally show something it... This is based on over 18 reviews left anonymously by employees working at Equity... Has investments in over 40 countries around the world has been stable over the past house and! Mr. Barnhill holds an undergraduate degree in business management from Loyola Marymount University here at. By employees culture ; Always trying to improve, Usual office politics managers! Employees make, acquisitions, and vacation policy mr. Barnhill holds an undergraduate in! Did not company gives is not equal to other companies in the past 12 months Abel and board... And advisory board chairwoman Teresa Hodge told Axios that access to technology ca an overall rating of 3.8 out 5!, please visit www.gic.com.sg under Platinum 's ownership years doing extra work, organizations etc and nothing has reflected. Holds an undergraduate degree in business management from Loyola Marymount University, and hourly pay based upon employee reports estimates! Technology ca is substantial, too you agree to receive communications from us work organizations. To overseeing strong ESG fundamentals, Platinum Equity is a supplier of refractory products and services in North America.Financial were... Services in platinum equity layoffs America.Financial terms were not disclosed.In January, Plat we are operators to finally show something it!
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