All Rights Reserved. Dr. Aroesty joined Platinum in 2008 and previously graduated magna cum laude from Princeton with a degree in economics. 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. We By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. 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. Seems like there is more of a focus on working than work/life balance and the experience that employees have. This is a great company to work for - lunch is provided for by an in house chef and kitchen staff. 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.. 9 big things: SoftBank-backed layoffs are everywhere Yahoo Finance, Is Platinum Equity unique is its M&A&O (M&A with major focus , Can You Be Laid Off While On Medical Leave, Can A Company Find Out If You Were Laid Off, Can You Say You Were Laid Off Instead Of Fired, Can You Go On Disability After Being Laid Off, Can You Be Laid Off While On Short-Term Disability. a global investment firm with six offices, 300+ professionals and operating expertise that spans all seven continents. 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 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. The international potential for McGraw Hill is substantial, too. Platinum Equity specializes in mergers, acquisitions and operations a trademarked strategy it calls M&A&O acquiring and operating companies in a broad Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock 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. The Platinum Equity portfolio consists of an industry-diverse, multi-billion-dollar group of approximately 50 operational complex businesses. Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. To our valued customers, suppliers: Platinum Equitys investment in our business is a wonderful development in the history of our company. Commercial Customer Service Representative. 9% of Platinum Equity management is Hispanic or Latino. All Rights Reserved. How is their IT department for roles like Director or VP? Follow the topics, people and companies that matter to you. Met with several senior members of the firm across various organizations/roles. 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 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. He was a member of Emerson's Office of the Chief Executive. Our trademarked M&A&O strategy goes beyond traditional mergers and acquisitions, applying deep operational expertise to create long-term value for our investors, our companies and the communities they serve. Read more, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solu. 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 55% of Platinum Equity employees would recommend working there to a friend based on Glassdoor reviews. You may unsubscribe at any time. 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. Once you get a positive response, make sure to find out about the interview process at Platinum Equity and prepare for tough questions. The employee data is based on information from people who have self-reported their past or current employments at Platinum Equity. Base Salary (USD) $348,258/year View Hourly Rate Low:$307,194 Average:$348,258 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 range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. On Fishbowl, you can share insights and advice anonymously with Platinum Equity employees and get real answers from people on the inside. 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. Have you worked at Platinum Equity? 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. School memorabilia manufacturer pivots to providing for essential workers. All Rights Reserved. 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.. 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. Be prepared to work hard and play hard. She is responsible for the firms human resource activities including recruiting, retention, training document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. We believe long-term vision is the best way to create true, lasting value. 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. You may unsubscribe at any time. 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. 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. However, there's a significant range between what the company pays the top 10 The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global You may unsubscribe any time. Dan WhelanPlatinum Equity(310) 282-9202[emailprotected], Tyler ReedMcGraw Hill(914) 512-4853[emailprotected], Cision Distribution 888-776-0942 Read more, Aventiv Technologies CEO Dave Abel and advisory board chairwoman Teresa Hodge told Axios that access to technology ca. Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. Joe Gross, Chief Executive Officer of Cabinetworks, said: This transaction is another important milestone of success for our Cabinetworks team. You may unsubscribe at any time. None of the information on this page has been provided or approved by Platinum Equity. Over the past 25 years Platinum Equity has completed more than 300 acquisitions. Ms. Calautti holds a Bachelors degree from The College of St. Rose and a Masters Degree from Harvard University. Help using this website - Accessibility statement. 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 Whats the best way to have a lack of compensation and incentive conversation in your department? 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 Competitors:KKR, MacAndrews & Forbes, Global Infrastructure ManagementCreate Comparison, Commercial Customer Service Representative. WebPlatinum Equity, LLC is a private equity investment firm founded by Tom Gores in 1995. You may unsubscribe any time. You may unsubscribe any time. 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. All Rights Reserved. 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. Ali Bajwa is responsible for managing the transition of newly acquired companies into Platinum Equitys portfolio. Kirkland & Ellis LLP is serving as legal advisor to Platinum Equity. 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. Read more, Acquisition expands McGraw Hills position as a leading provider of trusted medical learning resources to students . "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. Overall, 55% of employees would recommend working at Platinum Equity to a friend. Read more, HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to cr. He then graduated from the Keck School of Medicine at the University of Southern California and went on to become a practicing head and neck surgeon prior to joining Platinum. 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? When typing in this field, a list of search results will appear and be automatically updated as you type. Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. 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. 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. Headquartered in Singapore, GIC employs over 1,700 people across 10 offices in key financial cities worldwide. We are strongly committed to protecting your privacy. 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 document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. -Good amount of responsibility and independence of thought, -Salaries not market competitive (disconnect between hours worked and compensation) 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 Mr. Barnhill holds an undergraduate degree in business management from Loyola Marymount University. 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 builders. Platinum Equity specializes in mergers, acquisitions and operations a trademarked strategy it calls M&A&O acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, building products, media and entertainment, technology, telecommunications and other industries. 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. 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. The firm focuses on leveraged buyout investments of established companies in the U.S. and The largest donation made to a political party by a Platinum Equity employee was You may unsubscribe at any time. We focus on educational equity, affordability and learning success to help learners build better lives. Prior to joining Platinum Equity in 2014, Mr. Ashmore was Executive Vice President of Planning and Development at Emerson (NYSE:EMR). Beautiful office When Platinum Equity announced the $5.25 billion acquisition of Solenis, the firm was highly complementary of the water treatment chemistr Jalen Rose Leadership Academy senior Sheree Patton thought she was just going to see the Detroit Pistons. Its products are distributed in more than 100 countries across the Americas, Asia-Pacific, Europe, India and the Middle East. -No transparency in connection with compensation (e.g., bonus is a complete guessing game) -In-house catering service By clicking Submit you agree to receive communications from us. Best Companies to Work For in Beverly Hills, CA, Best Finance Companies to Work For in Beverly Hills, CA. 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, Dallas, TXAventiv Technologies today issued the following statement in support of its subsidiary company JPay, LLCs agreement with the State 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. Help other job seekers by rating Platinum Equity. 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. 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. You can have a great strategy, but if you dont have the people to execute, you have nothing. Signing up for our Newsletter is subject to our Privacy Notice. A successful leveraged buyout firm grows the economy. Private-equity industry: A bad rep, but is it deserved? Working At Daiwa Capital Markets America Holdings Inc. Read employee reviews and ratings on Glassdoor to decide if Platinum Equity is right for you. Proceed with caution. 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. Read more, The Day One with Andre Normanpodcast is the most recent addition to Securus Technologies growing catalo. We are strongly committed to protecting your privacy. Private Equity Firms Have Caused Painful Job Losses And , Private equitys path to job cuts LinkedIn. Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. Read more, HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and e. We generate returns by investing in companies across a wide range of industries that need financial and operational support to unlock their full potential. Company has a great vision, strong leadership. 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. We are strongly committed to protecting your privacy. Learn about Platinum Equity , including insurance benefits, retirement benefits, and vacation policy. Platinum Equity has an overall rating of 3.8 out of 5, based on over 18 reviews left anonymously by employees. Platinum Equity's headquarters is in Beverly Hills, CA. You may unsubscribe any time. WebPlatinum Equity pays an average salary of $348,258 and salaries range from a low of $307,194 to a high of $393,294. Our unique combination of people and process, known as M&A&O, helps turn companies into market leaders and creates value that lasts. Good leadership, collaborative colleagues and positive support teams. Field, a list of search results will appear and be automatically updated as you type you.. Distribution solu people who have self-reported their past or current employments at Platinum Equity and prepare for tough questions is! Cabinetworks, said: this transaction is another important milestone of success for our Cabinetworks team best companies Work... 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