She is responsible for the firms human resource activities including recruiting, retention, training 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. You may unsubscribe any time. Cabinetworks is the largest independently owned manufacturer and distributor of kitchen and bath cabinets in the United States under the nations leading brands, including: KraftMaid, Medallion, Smart, Merillat, Yorktowne, Echelon, Advanta, Studio Full Access, Master WoodCraft, and Cabinets 2000. BofA Securities and Barclays served as financial advisors to Cabinetworks. Whats the best way to have a lack of compensation and incentive conversation in your department? You may unsubscribe any time. Read more, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solutions to the worlds leading co It specializes in mergers, acquisitions, and operations of companies that provide products, services, and solutions in various industries. On Fishbowl, you can share insights and advice anonymously with Platinum Equity employees and get real answers from people on the inside. Prior to joining Platinum Equity in 2014, Mr. Ashmore was Executive Vice President of Planning and Development at Emerson (NYSE:EMR). We The firm focuses on leveraged buyout investments of , https://www.quora.com/Is-Platinum-Equity-unique-is-its-M-A-O-M-A-with-major-focus-on-Operations-optimization-approach-to-Private-Equity, These people are taking on risk in hopes of above normal returns. Based in Beverly Hills, CA, Platinum Equity is a small finance company with only 51 employees and an annual revenue of $3.6M. Claiming and updating your company profile on Zippia is free and easy. We are operators. Great company culture; Always trying to improve, Usual office politics; Managers often keep to themselves and don't interact much. Sign up to receive deal announcements. The firm focuses on leveraged buyout investments of established 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. 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. How is their IT department for roles like Director or VP? How is pay, wlb & work culture. 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. Mr. Barnhill is responsible for strategic planning and administration of the firms private equity fund vehicles. 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 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 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. This is based on 16 anonymously submitted reviews on Glassdoor. Raises and bonus are discretionary and will change with no notice. "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. $30,400 to the Democratic Party. 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. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023, Platinum Equity Advisors, LLC. By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. Find out more about salaries and benefits at Platinum Equity. 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. We are builders. 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. We work closely with management teams to drive transformative programs that create real value for our companies and the customers and communities they serve. 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. 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. Jeld-Wens Australian arm reported about $100 million EBITDA in its most recent filings. 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. Ms. Calautti holds a Bachelors degree from The College of St. Rose and a Masters Degree from Harvard University. Her responsibilities include Fund audits, track record updates and investor inquiries. Glassdoor gives you an inside look at what it's like to work at Platinum Equity, including salaries, reviews, office photos, and more. 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. You can have a great mission statement, but if you dont have the people who care about it, its not true.. We are excited to work with Simon Allen and all of McGraw Hill's talented employees to continue investing in growth and innovation.". Changes wont be saved until you sign up for an Enhanced Profile subscription. Read more, Dallas, TXAventiv Technologies today issued the following statement in support of its subsidiary company JPay,. 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. Signing up for our Newsletter is subject to our Privacy Notice. You may unsubscribe any time. Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. 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. The two Aventiv representatives took part in an Axios-sponsored panel discussion for an online audience of policy makers. 55% of employees would recommend working at Platinum Equity to a friend and 75% have a positive outlook for the business. Help other job seekers by rating Platinum Equity. Private Equity Firms Have Caused Painful Job Losses And , Private equitys path to job cuts LinkedIn. In stark contrast with many other providers of inmate communications services, wea By clicking Submit you agree to receive communications from us. WebPlatinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. Can You Get Laid Off While On Maternity Leave, Can Laid Off Union Workers Collect Unemployment, How Long Does Insurance Last After Being Laid Off. The announcement was made by Chris Reynolds, Deluxes Executive Vice President and General Manager of Worldwide Localization and Fulfillment. However, there's a significant range between what the company pays the top 10 percent and the bottom 10 percent of earners. Kirkland & Ellis LLP is serving as legal advisor to Platinum Equity. Working At Levine Leichtman Capital Partners. seven continents. Read more, Dallas, TXAventiv Technologies today issued the following statement in support of its subsidiary company JPay, LLCs agreement with the State Media Contacts: Dan Whelan Platinum Equity 310.282.9202 [email protected], Ben DeRosa American Industrial Partners 212.627.2360 x200 [email protected], Rich Wiese Cabinetworks 734.205.4514 [email protected], Katy Conrad GIC 212.856.2407 [email protected]. About Platinum Equity 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. 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. Mr. Barnhill holds an undergraduate degree in business management from Loyola Marymount University. Neither Noble nor Platinum made good on that in the months since, employees contend. 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. He was a member of Emerson's Office of the Chief Executive. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. Our unique combination of people and process, known as M&A&O, helps turn companies into market leaders and creates value that lasts. "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. The Australian business represents only 10 per cent of group revenue and Jeld-Wen wants to focus on matters closer to home. Is it possible to break into IB, consulting or corporate development without a masters and without a top of the line GPA? 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. Learn about Platinum Equity , including insurance benefits, retirement benefits, and vacation policy. Founded in 1888, McGraw Hill provides outcome-focused learning solutions to millions of students globally, delivering both curated content and digital learning tools and platforms to the classrooms of approximately 250,000 higher education instructors, 13,000 pre-kindergarten through 12th grade school districts, and a wide variety of academic institutions, professionals and companies. This is a great company to work for - lunch is provided for by an in house chef and kitchen staff. 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. Platinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. 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. Read more, The Day One with Andre Normanpodcast is the most recent addition to Securus Technologies growing catalog of free restorative content for 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, 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. Read more, HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to create a global refractories provid Read more, HWI to join forces with Imerys SAs High Temperature Solutions business, creating a global refractories provider with a comprehensive product portfo 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. About McGraw HillMcGraw Hill is a learning science company that delivers personalized learning experiences that drive results for students, parents, educators and professionals. We generate returns by investing in companies across a wide range of industries that need financial and operational support to unlock their full potential. 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platinum equity layoffs