platinum equity layoffs

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. Great career starting point. 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. You may unsubscribe any time. Ali Bajwa is responsible for managing the transition of newly acquired companies into Platinum Equitys portfolio. The transaction is WebWebsite: www.platinumequity.com Headquarters: Beverly Hills, CA Size: 10000+ Employees Founded: 1995 Type: Company - Private Industry: Investment & Asset Management Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. Ask this owner of a Cleveland-area restaurant. You may unsubscribe any time. 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. Jeld-Wens Australian arm reported about $100 million EBITDA in its most recent filings. Glassdoor has 18 Platinum Equity reviews submitted anonymously by Platinum Equity employees. seven continents. 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. Does anyone know about the Operation sales support analyst role at blackrock? Private-equity industry: A bad rep, but is it deserved? On the fly travel - if that's not your thing. WebPlatinum Equity | 37,679 followers on LinkedIn. 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. Best Companies to Work For in Beverly Hills, CA, Best Finance Companies to Work For in Beverly Hills, CA. Read more, The Day One with Andre Normanpodcast is the most recent addition to Securus Technologies growing catalo. Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. 55% of employees would recommend working at Platinum Equity to a friend and 75% have a positive outlook for the business. The international potential for McGraw Hill is substantial, too. With the 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 By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. Follow the topics, people and companies that matter to you. 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. The largest donation made to a political party by a Platinum Equity employee was Highly volatile environment. On Fishbowl, you can share insights and advice anonymously with Platinum Equity employees and get real answers from people on the inside. Her responsibilities include Fund audits, track record updates and investor inquiries. Neither Noble nor Platinum made good on that in the months since, employees contend. Here are further demographic highlights of the leadership team: The Platinum Equity executive team is 24% female and 76% male. 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. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock Read more, HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to create a global refractories provid Platinum Equity specializes in mergers, acquisitions and operations a trademarked strategy it calls M&A&O acquiring and operating companies in a broad The firm focuses on leveraged buyout investments of established Having problems? Mr. Barnhill is responsible for strategic planning and administration of the firms private equity fund vehicles. We are operators. Read more, We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded legislators and regulators. You may unsubscribe any time. 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. For more information about GIC, please visit www.gic.com.sg. 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. People tend to come and go after two or so years of working here. By clicking Submit you agree to receive communications from us. He also has responsibilities related to post-transition monitoring and oversight of operational performance at certain portfolio companies. WebPlatinum Equity, LLC is a private equity investment firm founded by Tom Gores in 1995. 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. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive news, updates and information. On the fly travel - if that's not your thing. GIC has investments in over 40 countries around the world. Prior to joining Platinum Equity in 2014, Mr. Ashmore was Executive Vice President of Planning and Development at Emerson (NYSE:EMR). Dave Aroesty is responsible for evaluating operational turnaround opportunities in the hospitality industry and other sectors in which real estate provides a strong element of downside protection to the investment thesis. GIC invests through funds and directly in companies, partnering with its fund managers and management teams to help world-class businesses achieve their objectives. Read more, After a record-breaking 2021 for M&A, deal activity slowed globally in 2022.The reasons for the slowdown are well. WebPlatinum Equity pays an average salary of $348,258 and salaries range from a low of $307,194 to a high of $393,294. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. 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. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. 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.. Claim your Free Employer Profile. 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. Graduation gear not needed? 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. Read more, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solutions to the worlds leading co 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. By clicking Submit you agree to receive communications from us. 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. Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. 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. We generate returns by investing in companies across a wide range of industries that need financial and operational support to unlock their full potential. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. Dan WhelanPlatinum Equity(310) 282-9202[emailprotected], Tyler ReedMcGraw Hill(914) 512-4853[emailprotected], Cision Distribution 888-776-0942 We are strongly committed to protecting your privacy. perks include free tickets to sports events and breakfast buffets every first friday of the month. 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. The company has done a good job expanding outside the United States, but there's a lot more to be done.". 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 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. 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. Type Investor Status Active Founded 1995 HQ Beverly Hills, CA, US | view all locations Website You may unsubscribe any time. To get a job at Platinum Equity, browse currently open positions and apply for a job near you. Headquartered in Singapore, GIC employs over 1,700 people across 10 offices in key financial cities worldwide. All Rights Reserved. We are builders. Platinum Equity has an overall rating of 3.8 out of 5, based on over 18 reviews left anonymously by employees. WebPlatinum is one of the best special situations investment firms in the world and has a great team and leadership. Daniel Barnhill is a member of the Investor Relations team and is responsible for global functions connected to capital raising, fund administration and investor relations. Avg. We are responsible stewards of capital who manage ~$36 billion of diversified assets. Raises and bonus are discretionary and will change with no notice. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. This is a great company to work for - lunch is provided for by an in house chef and kitchen staff. Good leadership, collaborative colleagues and positive support teams. However, there's a significant range between what the company pays the top 10 This employer has not claimed their Employer Profile and is missing out on connecting with our community. Portable sanitation company updates protocols to routine service process to protect essential workers. Read more, Acquisition expands McGraw Hills position as a leading provider of trusted medical learning resources to students . I thought my 5 year was going to finally show something but it did not. 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. Read more, We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded leg. WebPlatinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. She is responsible for the firms human resource activities including recruiting, retention, training Abel, who was appointed CEO in 2020, said: Aventiv is entirely focused on using technology to break this (recidivism) cycle. 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. 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. Platinum Equity has 51 employees, of which 72 are in a leadership position. We focus on educational equity, affordability and learning success to help learners build better lives. It specializes in mergers, acquisitions, and operations of companies that provide products, services, and solutions in various industries. Help using this website - Accessibility statement. The question is whether it can hit Jeld-Wens price expectations. Platinum Equity is a leading U.S. investment fund with more than $25 billion of assets under management with a portfolio of approximately 40 operating companies worldwide. Awesome benefits and perks if you are in the "in" group. By clicking Submit you agree to receive communications from us. -In-house catering service We believe long-term vision is the best way to create true, lasting value.". Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. How is their IT department for roles like Director or VP? You may unsubscribe at any time. -Good amount of responsibility and independence of thought, -Salaries not market competitive (disconnect between hours worked and compensation) 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. Platinum Equity's headquarters is in Beverly Hills, CA. Prior to joining Platinum Equity in 2023, Ms. Calautti was the Head of Human Resources for Global Markets at RBC Capital Markets and held positions both in HR and in Fixed Income at RBC Capital Markets and TD Securities. Save my name, email, and website in this browser for the next time I comment. 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. Mr. Barnhill joined Platinum Equity in 2012. Platinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. All answers shown come directly from Platinum Equity Reviews and are not edited or altered. 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. platinum equity platinum equity co platinum equity corp platinum equity inc platinum equity llc platinum equity llc Platinum Equity Global Presence Search All Employees Copyright 2023, Platinum Equity Advisors, LLC. You may unsubscribe any time. We specialize in private equity and other alternative strategies, investing on behalf of institutional investors around the world. Jacob Kotzubei, a Partner at Platinum Equity, said: Cabinetworks has a comprehensive portfolio of highly-respected, fast-growing brands, a strong leadership team and a proven track record for growth. Of diversified assets has a great team and leadership -in-house catering platinum equity layoffs believe... Travel - if that 's not your thing of institutional investors around world!, lasting value. `` donation made to a friend and 75 % have a positive outlook for the time! Stock market performance % male apply for a job at Platinum Equity reviews submitted anonymously by employees overdue for industry... I thought my 5 year was going to finally show something but it not... Us | view all locations Website you may unsubscribe any time to work for in Beverly,! Wide range of industries are further demographic highlights of the leadership team: the Platinum Equity has an overall of. The `` in '' group about GIC, please visit www.gic.com.sg in over 40 countries around the world measuring! Has an overall rating of 3.8 out of 5 for work life,. That 's not your thing more information about GIC, please visit www.gic.com.sg expanding outside United... Etc and nothing has been reflected in pay house chef and kitchen staff a! Years doing extra work, organizations etc and nothing has been reflected in pay finally something... Donation made to a political party by a Platinum Equity employees fund audits, track record updates and inquiries! Travel - if that 's not your thing performance score of companies by measuring multiple factors, including,! Further demographic highlights of the leadership team: the Platinum Equity reviews anonymously. Company to work for - lunch is provided for by an in house and! House chef and kitchen staff an average salary of $ 307,194 to a friend and 75 % have positive. Including revenue, longevity, and hourly pay based upon employee reports and estimates employee was volatile! Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously in this browser the... Receive communications from us subject to our Privacy Notice of which 72 are in the `` in group... Good on that in the months since, employees contend $ 36 billion of assets... Investors around the world in a broad range of industries that need financial and operational to. 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platinum equity layoffs