You may unsubscribe any time. He also has responsibilities related to post-transition monitoring and oversight of operational performance at certain portfolio companies. Headquartered in Singapore, GIC employs over 1,700 people across 10 offices in key financial cities worldwide. By R.J. King - April 6, 2021 Platinum Equity has acquired The Cabinetworks Group in Ann Arbor. The firm focuses on leveraged buyout investments of established Glassdoor has 18 Platinum Equity reviews submitted anonymously by Platinum Equity employees. Have you worked at Platinum Equity? WebFounded in 1995, Platinum Equity is a global investment firm specializing in mergers, acquisitions, and operations. -No transparency in connection with compensation (e.g., bonus is a complete guessing game) You may unsubscribe at any time. Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. 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. Read more, After a record-breaking 2021 for M&A, deal activity slowed globally in 2022.The reasons for the slowdown are well. Base Salary (USD) $348,258/year View Hourly Rate Low:$307,194 Average:$348,258 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. 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 are strongly committed to protecting your privacy. 63% of the management team is White. 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. Signing up for our Newsletter is subject to our Privacy Notice. 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. All Rights Reserved. BofA Securities will lead the debt financing for Platinum Equity and Cabinetworks. 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 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. Working At Daiwa Capital Markets America Holdings Inc. Platinum Equity pays the highest-paid employees over $134,000 a year, while the lowest-paid employees are paid less than $30,000. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. They are headquartered in Los Angeles, California. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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 We believe long-term vision is the best way to create true, lasting value.". Platinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. 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 has 51 employees, of which 72 are in a leadership position. 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. Read more, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solu. 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. Best Companies to Work For in Beverly Hills, CA, Best Finance Companies to Work For in Beverly Hills, CA. 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? The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global Signing up for our Newsletter is subject to our Privacy Notice. 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.. 55% of employees would recommend working at, According to anonymously submitted Glassdoor reviews, Platinum Equity employees rate their compensation and benefits as 3.7 out of 5. 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. Read more. 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 Proceed with caution. Claiming and updating your company profile on Zippia is free and easy. "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. 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. 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. At Platinum Equity, we invest in companies we believe in and work hard to unlock their potential. Unfortunately, there is a higher rate of turnover here than at other companies I have worked for in the past. Geoff Anfuso is responsible for debt capital placement and related corporate finance activity for new and existing portfolio companies. Ms. Chapman holds a Masters of Business Administration from the Anderson School at University California Los Angeles and a Bachelor of Business Administration, Accounting from California State University Northridge. 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. 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. Platinum Equity may also be known as or be related to Advogent, Platinum Equity and Platinum Equity, LLC. About American Industrial Partners American Industrial Partners is an operationally oriented private equity firm that makes control investments in industrial businesses serving domestic and global markets. 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. from 8 AM - 9 PM ET. Glenn Hunt. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock We generate returns by investing in companies across a wide range of industries that need financial and operational support to unlock their full potential. BofA Securities and Barclays served as financial advisors to Cabinetworks. You may unsubscribe any time. How is pay, wlb & work culture. 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? a global investment firm with six offices, 300+ professionals and operating expertise that spans all seven continents. 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. You may unsubscribe any time. "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.". This employer has not claimed their Employer Profile and is missing out on connecting with our community. 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. 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. Ive inquired about pay but its gotten nowhere. Abel, who was appointed CEO in 2020, said: Aventiv is entirely focused on using technology to break this (recidivism) cycle. 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. Lindsay Calautti is the Global Head of Human Resources for Platinum Equity Advisors. Ropes & Gray LLP is serving as legal advisor to American Industrial Partners. The international potential for McGraw Hill is substantial, too. Platinum Equity has an overall rating of 3.8 out of 5, based on over 18 reviews left anonymously by employees. You can have a great mission statement, but if you dont have the people who care about it, its not true.. Platinum Equity employees are most likely to be members of the Republican Party. All Rights Reserved. By clicking Submit you agree to receive communications from us. Read more, We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded legislators and regulators. There were significant exits. In stark contrast with many other providers of inmate communications services, wea Overall, 55% of employees would recommend, Work Here? 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. Signing up for our Newsletter is subject to our Privacy Notice. Find out more about salaries and benefits at Platinum Equity. Read more, Acquisition expands McGraw Hills position as a leading provider of trusted medical learning resources to students . About GIC GIC is a leading global investment firm established in 1981 to manage Singapore's foreign reserves. This was shared during the discussions. For more information on American Industrial Partners, visit www.americanindustrial.com. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. 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. What Happens After a Private Equity Buyout? Be prepared to work hard and play hard. You may unsubscribe at any time. Read more, Acquisition expands McGraw Hills position as a leading provider of trusted medical learning resources to students and professionalsCOLUMBUS, Ohio ( 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. platinum equity platinum equity co platinum equity corp platinum equity inc platinum equity llc platinum equity llc Platinum Equity Global Presence Search All Employees Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. WebPlatinum Equity pays an average salary of $348,258 and salaries range from a low of $307,194 to a high of $393,294. You may unsubscribe any time. 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. Ask this owner of a Cleveland-area restaurant. 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. Good leadership, collaborative colleagues and positive support teams. We are strongly committed to protecting your privacy. Signing up for our Newsletter is subject to our Privacy Notice. 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. You may unsubscribe any time. You can get in trouble for knowing too much and get in trouble for not knowing enough. 75% of employees think that Platinum Equity has a positive business outlook. I would like to thank all our 8,000 employees for the work that you do every day. Stephanie Chapman is the Chief Accountant for Platinum Equitys funds. Over the past 25 years Platinum Equity has completed more than 300 acquisitions. No performance reviews. 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 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. Read more, Dallas, TXAventiv Technologies today issued the following statement in support of its subsidiary company JPay, LLCs agreement with the State of New York Attorney Generals office to provide free stamps to JPay consumers incarcerated at NYSDOCCS and pay a one-time $50,000.00 fine associated with customer service complaints regarding the operability of older generation media tablets at correctional facilities in New York State. Asked great questions. 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. -In-house catering service 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 All Rights Reserved. Help using this website - Accessibility statement. 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. The transaction is WebPlatinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. We believe long-term vision is the best way to create true, lasting value. Ms. Chapman is a critical member of the fund raising team by driving the underlying diligence. We believe long-term vision is the Best way to create true, lasting value and it! To Advogent, Platinum Equity pays the highest-paid employees over $ 134,000 year. The global Head of Human Resources for Platinum Equity platinum equity layoffs by Platinum Equity the... Game ) you may unsubscribe at any time lasting value of the Republican Party it is long overdue our... 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