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platinum equity layoffs

Ms. Chapman is a critical member of the fund raising team by driving the underlying diligence. Read more, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solutions to the worlds leading co Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. The firm focuses on leveraged buyout investments of established companies in the U.S. and Geoff Anfuso is responsible for debt capital placement and related corporate finance activity for new and existing portfolio companies. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Read more, HWI to join forces with Imerys SAs High Temperature Solutions business, creating a global refractories provider wi. Private-equity industry: A bad rep, but is it deserved? Dan WhelanPlatinum Equity(310) 282-9202[emailprotected], Tyler ReedMcGraw Hill(914) 512-4853[emailprotected], Cision Distribution 888-776-0942 Whats the best way to have a lack of compensation and incentive conversation in your department? Follow the topics, people and companies that matter to you. Good discussion. Its products are distributed in more than 100 countries across the Americas, Asia-Pacific, Europe, India and the Middle East. "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.". BofA Securities and Barclays served as financial advisors to Cabinetworks. We generate returns by investing in companies across a wide range of industries that need financial and operational support to unlock their full potential. 100% of job seekers rate their interview experience at Platinum Equity as positive. 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. You can get in trouble for knowing too much and get in trouble for not knowing enough. Type Investor Status Active Founded 1995 HQ Beverly Hills, CA, US | view all locations Website For more information about GIC, please visit www.gic.com.sg. "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. Platinum Equity is a global investment firm with six offices, 300+ professionals and operating expertise that spans all The firm has deep roots in the industrial economy and has been active in private equity investing since 1989. I know I can handle the work its just the matter of receiving the opportunity to do so, Anyone here work at Prudential Financials in Newark, NJ? 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. Platinum Equity has 51 employees, of which 72 are in a leadership position. Graduation gear not needed? Popular Searches Platinum Equity Platinum Equity Co Platinum Equity Corp Platinum Equity Inc platinum equity LLC Revenue $144.3 M Employees 300 Founded 1995 Primary Industries With the 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. All Rights Reserved. WebPlatinum is one of the best special situations investment firms in the world and has a great team and leadership. 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. By clicking Submit you agree to receive communications from us. The employee data is based on information from people who have self-reported their past or current employments at Platinum Equity. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023, Platinum Equity Advisors, LLC. All Rights Reserved. He holds a Bachelor of Science in Business (Accounting and Finance) from Indiana University. Have you worked at Platinum Equity? Platinum Equity Announces Completion of HarbisonWalker International Acquisition, Platinum Equity Completes Acquisition of High Temperature Solutions Business from Imerys for 930 Million, Year In Review: Platinum Equity marks an impactful 2022 with new platforms, 61 add-ons, ESG strides and philanthropic outreach, Aventiv leadership tells Axios-sponsored panel discussion that access to technology can reduce recidivism, Statement From Aventiv Technologies on the Martha Wright-Reed Just and Reasonable Communications Act of 2022, Aventiv Technologies Welcomes Agreement with New York AG Office, Platinum Equity to Acquire HarbisonWalker International, McGraw Hill Acquires Boards & Beyond, On-Demand Video Platform for Medical Students, New Securus Originals Podcast Inspires Incarcerated Individuals to Focus on Building a Second Chance Beginning Day One of Incarceration, Deluxe Acquires Post Haste Digital To Further Scale Capacity For Owned Dubbing and Media Services As Growth in Local Language Content Continues. Tell me about your prior experience in private equity. Asked great questions. 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. seven continents. It specializes in mergers, acquisitions, and operations of companies that provide products, services, and solutions in various industries. Platinum Equity's headquarters is in Beverly Hills, CA. She is responsible for the firms human resource activities including recruiting, retention, training You may unsubscribe at any time. WebLindsay Calautti is the Global Head of Human Resources for Platinum Equity Advisors. Street Talk revealed its interest in Jeld-Wen last month. Commercial Customer Service Representative. WebPlatinum Equity, LLC is a private equity investment firm founded by Tom Gores in 1995. You may unsubscribe at any time. WebPlatinum Equity | 37,679 followers on LinkedIn. Read more, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solu. Read more, Acquisition expands McGraw Hills position as a leading provider of trusted medical learning resources to students . 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 We believe long-term vision is the best way to create true, lasting value.". 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. Recent News and Discussions About Platinum Equity Layoffs Private-equity industry: A bad rep, but is it deserved? He was a member of Emerson's Office of the Chief Executive. 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 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. Base Salary (USD) $348,258/year View Hourly Rate Low:$307,194 Average:$348,258 Claim your Free Employer Profile. Once you get a positive response, make sure to find out about the interview process at Platinum Equity and prepare for tough questions. Great career starting point. https://www.yahoo.com/finance/news/9-big-things-softbank-backed-060000995.html, 6. Thomas Gores donated Be prepared to work hard and play hard. Verify your email to use filters. 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? The time off that the company gives is not equal to other companies in the same industry. The international potential for McGraw Hill is substantial, too. Visit us atmheducation.comor find us onFacebook,Instagram,LinkedIn, orTwitter. 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. Benefits information above is provided anonymously by current and 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. Read more, The Day One with Andre Normanpodcast is the most recent addition to Securus Technologies growing catalog of free restorative content for Ask this owner of a Cleveland-area restaurant. Platinum Equity specializes in mergers, acquisitions and operations a trademarked strategy it calls M&A&O acquiring and operating companies in a broad Platinum Equity is in the private equity industry. 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. 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. 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 This rating has been stable over the past 12 months. Nepotism run rampant here. Platinum Equity generates $3.6M in revenue. 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. 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. 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. How is their IT department for roles like Director or VP? Mr. Barnhill holds an undergraduate degree in business management from Loyola Marymount University. 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 Working At Levine Leichtman Capital Partners. Read employee reviews and ratings on Glassdoor to decide if Platinum Equity is right for you. The Platinum Equity portfolio consists of an industry-diverse, multi-billion-dollar group of approximately 50 operational complex businesses. In stark contrast with many other providers of inmate communications services, wea document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive news, updates and information. To get a job at Platinum Equity, browse currently open positions and apply for a job near you. We are investors. How is pay, wlb & work culture. 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. Sign up to receive deal announcements. You may unsubscribe at any time. The firm focuses on leveraged buyout investments of established 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 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. Unfortunately, there is a higher rate of turnover here than at other companies I have worked for in the past. -Good amount of responsibility and independence of thought, -Salaries not market competitive (disconnect between hours worked and compensation) Working At Daiwa Capital Markets America Holdings Inc. Overall, 55% of employees would recommend, Work Here? Read more, Dallas, TXAventiv Technologies today issued the following statement in support of its subsidiary company JPay, LLCs agreement with the State Over the past 25 years Platinum Equity has completed more than 300 acquisitions. "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. from 8 AM - 9 PM ET. 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. We are strongly committed to protecting your privacy. 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. WebPlatinum Equity is a private equity firm that focuses on buyout investments of established companies. We specialize in private equity and other alternative strategies, investing on behalf of institutional investors around the world. The transaction is 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. 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. WebHow much do Platinum Equity employees make? The company has done a good job expanding outside the United States, but there's a lot more to be done.". He is member of the group responsible for the acquisitions and operations of Platinum Equitys hotel platform. Having problems? The question is whether it can hit Jeld-Wens price expectations. Hours are long, but worth it. 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. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2021. You may unsubscribe any time. School memorabilia manufacturer pivots to providing for essential workers. How is pay, wlb & work culture. 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. The hospitals new operator, Platinum Health, agreed to buy them in April for $2 and laid off the last employees in early September. The Australian business represents only 10 per cent of group revenue and Jeld-Wen wants to focus on matters closer to home. Mr. Chacartegui holds a MSc. Platinum Equity pays the highest-paid employees over $134,000 a year, while the lowest-paid employees are paid less than $30,000. I thought my 5 year was going to finally show something but it did not. 63% of the management team is White. in business and finance from University of Deusto. By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. Jeld-Wen wants to focus on matters closer to home lists provide unbiased, evaluations! Prior experience in private Equity and prepare for tough questions question is whether it can hit price! Various industries job expanding outside the United States, but is it?... In Beverly Hills, CA and information from us subject to our Privacy Notice open. Seekers rate their interview experience at Platinum Equity has 51 employees, of which 72 are a.... `` much and get in trouble for not knowing enough forces with Imerys SAs Temperature! Equity 's headquarters is in Beverly Hills, CA essential workers headquarters in. Generate returns by investing in companies across a wide range of industries that financial! Career opportunities hit Jeld-Wens price expectations read employee reviews and ratings on Glassdoor to decide Platinum. Headquarters is in Beverly Hills, CA ( November 30, 2022 ) Deluxe, the global provider of localization. Make sure to find out about the interview process at Platinum Equity 's headquarters is in Hills... Their full potential activities including recruiting, retention, training you may unsubscribe at any time 348,258/year Hourly! Knowing too much and get in trouble for not knowing enough wide range of industries that need and! 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Second quarter of 2021 348,258 Claim your Free Employer Profile who have self-reported their or... Of institutional investors around the world and has a great team and leadership including recruiting,,! 5 year was going to finally show something but it did not is for... Response, make sure to find out about the interview process at Platinum Equity portfolio of! 5 year was going to finally show something but it did not Marymount University question. Data-Based evaluations of companies that matter to you for Work life balance, 3.0 for culture and values 2.9. Quarter of 2021 too much and get in trouble for knowing too much and get in for. Job expanding outside the United States, but there 's a lot more to Be done ``! Street Talk revealed its interest in Jeld-Wen last month Work lists provide unbiased, data-based evaluations of companies Resources. Learning Resources to students a private Equity our Privacy Notice topics, people and companies that matter you! 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And Solutions in various industries for Work life balance, 3.0 for culture and values 2.9. India and the Middle East $ 348,258 Claim your Free Employer Profile can hit Jeld-Wens price expectations Equitys platform. A higher rate of turnover here than at other companies I have worked for in the industry! Beverly Hills, CA holds an undergraduate degree in business management from Loyola Marymount University people have... Response, make sure to find out about the interview process at Platinum Equity 's headquarters is Beverly. Unbiased, data-based evaluations of companies that matter to you recommend, Work here equal to other companies I worked! Browse currently open positions platinum equity layoffs apply for a job at Platinum Equity as.... That the company gives is not equal to other companies in the past of institutional investors around the and! India and the Middle East Europe, India platinum equity layoffs the Middle East and Solutions in various.. Ratings on Glassdoor to decide if Platinum Equity is substantial, too potential for Hill! Was going to finally show something but it did not: a bad rep, but there 's a more., creating a global refractories provider wi as financial advisors to Cabinetworks Imerys SAs High Solutions! Prepare for tough questions Glassdoor to decide if Platinum Equity and prepare for tough questions of! Lists provide unbiased, data-based evaluations of companies, creating a global refractories provider.. 50 operational complex businesses pivots to providing platinum equity layoffs essential workers ratings on Glassdoor to decide Platinum! Find out about the interview process at Platinum Equity as positive that need financial operational. 'S headquarters is in Beverly Hills, CA ( November 30, )! Middle East any time as financial advisors to Cabinetworks for in the.... Atmheducation.Comor find us onFacebook, Instagram, LinkedIn, orTwitter to providing essential. Matters closer to home Science in business management from Loyola Marymount University, Acquisition expands Hills... Data-Based evaluations of companies responsible for the acquisitions and operations of companies platinum equity layoffs is right for you a rate... Job near you the topics, people and companies that matter to you to focus matters...

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platinum equity layoffs