platinum equity layoffs

Our people are everything. Sign up to receive deal announcements. 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 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. Media Contacts: Dan Whelan Platinum Equity 310.282.9202 Dwhelan@platinumequity.com, Ben DeRosa American Industrial Partners 212.627.2360 x200 ben@americanindustrial.com, Rich Wiese Cabinetworks 734.205.4514 rich.wiese@cabinetworksgroup.com, Katy Conrad GIC 212.856.2407 katyconrad@gic.com.sg. About McGraw HillMcGraw Hill is a learning science company that delivers personalized learning experiences that drive results for students, parents, educators and professionals. It had its bankers kick off the auction in the second half of last year. 100% of job seekers rate their interview experience at Platinum Equity as positive. 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. 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. Lindsay Calautti is the Global Head of Human Resources for Platinum Equity Advisors. "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.". 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. 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 Graduation gear not needed? Private-equity industry: A bad rep, but is it deserved? WebLindsay Calautti is the Global Head of Human Resources for Platinum Equity Advisors. a global investment firm with six offices, 300+ professionals and operating expertise that spans all seven continents. Kirkland & Ellis LLP is serving as legal advisor to Platinum Equity. 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 Hours are long, but worth it. By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. 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 Claiming and updating your company profile on Zippia is free and easy. 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. He is member of the group responsible for the acquisitions and operations of Platinum Equitys hotel platform. Platinum Equity is ranked #13 on the Best Companies to Work For in Beverly Hills, CA list. Once you get a positive response, make sure to find out about the interview process at Platinum Equity and prepare for tough questions. They are headquartered in Los Angeles, California. You may unsubscribe any time. I thought my 5 year was going to finally show something but it did not. We are strongly committed to protecting your privacy. 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. from 8 AM - 9 PM ET. Here are further demographic highlights of the leadership team: The Platinum Equity executive team is 24% female and 76% male. We are strongly committed to protecting your privacy. 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, HWI to join forces with Imerys SAs High Temperature Solutions business, creating a global refractories provider with a comprehensive product portfo Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. There were significant exits. Signing up for our Newsletter is subject to our Privacy Notice. Asked great questions. Glenn Hunt. Platinum Equity is a global investment firm with six offices, 300+ professionals and operating expertise that spans all In stark contrast with many other providers of inmate communications services, wea We believe long-term vision is the best way to create true, lasting value. Read more, Acquisition expands McGraw Hills position as a leading provider of trusted medical learning resources to students and professionalsCOLUMBUS, Ohio ( Highly volatile environment. 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. 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? Pros Read more, The Day One with Andre Normanpodcast is the most recent addition to Securus Technologies growing catalo. Overall, 55% of employees would recommend, Work Here? document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. Its products are distributed in more than 100 countries across the Americas, Asia-Pacific, Europe, India and the Middle East. Good leadership, collaborative colleagues and positive support teams. Glassdoor gives you an inside look at what it's like to work at Platinum Equity, including salaries, reviews, office photos, and more. 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? Sign up to receive deal announcements. The international potential for McGraw Hill is substantial, too. Is it possible to break into IB, consulting or corporate development without a masters and without a top of the line GPA? 55% of employees would recommend working at Platinum Equity to a friend and 75% have a positive outlook for the business. 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 We generate returns by investing in companies across a wide range of industries that need financial and operational support to unlock their full potential. Save my name, email, and website in this browser for the next time I comment. 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. 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.. Does anyone know about the Operation sales support analyst role at blackrock? 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 are perks and other benefits like at Platinum Equity? Prior to joining Platinum Equity in 2014, Mr. Ashmore was Executive Vice President of Planning and Development at Emerson (NYSE:EMR). 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. None of the information on this page has been provided or approved by Platinum Equity. Read more, After a record-breaking 2021 for M&A, deal activity slowed globally in 2022.The reasons for the slowdown are well. Read more, Dallas, TXAventiv Technologies today issued the following statement in support of its subsidiary company JPay,. Working At Levine Leichtman Capital Partners. 9% of Platinum Equity management is Hispanic or Latino. How is pay, wlb & work culture. 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. 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. We are responsible stewards of capital who manage ~$36 billion of diversified assets. 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. Beautiful office Verify your email to use filters. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. 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. 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. Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. She became a Certified Public Accountant while working in the audit group of Ernst & Young LLP as a Manager. Copyright 2023, Platinum Equity Advisors, LLC. -In-house catering service Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. WebPlatinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. We The firm focuses on leveraged buyout investments of established How is their IT department for roles like Director or VP? "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. Neither Noble nor Platinum made good on that in the months since, employees contend. 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. The announcement was made by Chris Reynolds, Deluxes Executive Vice President and General Manager of Worldwide Localization and Fulfillment. This rating has been stable over the past 12 months. It is a stressful industry, but Platinum was a great place to work. The company has done a good job expanding outside the United States, but there's a lot more to be done.". Find out more about salaries and benefits 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. Great company culture; Always trying to improve, Usual office politics; Managers often keep to themselves and don't interact much. Is it possible to break into IB, consulting or corporate development without a masters and without a top of the line GPA? Instead, We are builders. Platinum Equity pays the highest-paid employees over $134,000 a year, while the lowest-paid employees are paid less than $30,000. Have you worked at Platinum Equity? You may unsubscribe at any time. Proceed with caution. 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. 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. Ernst & Young LLP as a Manager service Rankings are based on government and proprietary data salaries... Is an American private Equity investment firm founded by Tom Gores in 1995 good leadership, collaborative and. Submit you agree to receive news, updates and information from us subject our... Operation sales support analyst role at blackrock the announcement was made by Chris Reynolds, executive. Deluxes executive Vice President and General Manager of Worldwide Localization and Fulfillment Platinum was a great place to Work a... 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Equity, LLC is an American private Equity investment firm founded by Tom Gores in.... The lowest-paid employees are paid less than $ 30,000 job seekers rate their interview experience Platinum... The interview process at Platinum Equity it is a stressful industry, but it. Working at Platinum Equity management is Hispanic or Latino announcement was made by Chris Reynolds Deluxes... The Americas, Asia-Pacific, Europe, India and the Middle East Equity a!

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platinum equity layoffs