Is it possible to break into IB, consulting or corporate development without a masters and without a top of the line GPA? WebPlatinum is one of the best special situations investment firms in the world and has a great team and leadership. Signing up for our Newsletter is subject to our Privacy Notice. Help us make this company more transparent. 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 employee reviews and ratings on Glassdoor to decide if Platinum Equity is right for you. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Mark Barnhill manages functions connected to capital raising, fund administration, investor relations and corporate and external affairs for Platinum Equity and Platinum Equity Capital Partners. Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. According to anonymously submitted Glassdoor reviews, Platinum Equity employees rate their compensation and benefits as 3.7 out of 5. 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. -No performance feedback (except via word-of-mouth from other teams), Great workplace to take initiative and learn quickly. WebPlatinum Equity pays an average salary of $348,258 and salaries range from a low of $307,194 to a high of $393,294. Portable sanitation company updates protocols to routine service process to protect essential workers. Learn about Platinum Equity , including insurance benefits, retirement benefits, and vacation policy. Geoff Anfuso is responsible for debt capital placement and related corporate finance activity for new and existing portfolio companies. 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. 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, Aventiv Technologies CEO Dave Abel and advisory board chairwoman Teresa Hodge told Axios that access to technology can help reduce recidivism and impr They are headquartered in Los Angeles, California. Unfortunately, there is a higher rate of turnover here than at other companies I have worked for in the past. McGraw Hill CEO Simon Allen and his senior leadership team will continue to lead the business under Platinum's ownership. Copyright 2023, Platinum Equity Advisors, LLC. Is it possible to break into IB, consulting or corporate development without a masters and without a top of the line GPA? Instead, Met with several senior members of the firm across various organizations/roles. Prior to joining Platinum Equity in 2014, Mr. Ashmore was Executive Vice President of Planning and Development at Emerson (NYSE:EMR). This was shared during the discussions. WebPlatinum Equity, LLC is a private equity investment firm founded by Tom Gores in 1995. For more information on American Industrial Partners, visit www.americanindustrial.com. 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. "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.". Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 55% of employees would recommend working at Platinum Equity to a friend and 75% have a positive outlook for the business. 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. 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. 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. We are builders. You may unsubscribe at any time. You may unsubscribe any time. Type Investor Status Active Founded 1995 HQ Beverly Hills, CA, US | view all locations Website Sign up to receive deal announcements. Read more, Acquisition expands McGraw Hills position as a leading provider of trusted medical learning resources to students and professionalsCOLUMBUS, Ohio ( 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. 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? Awesome benefits and perks if you are in the "in" group. 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. Mr. Chacartegui holds a MSc. You may unsubscribe any time. Beautiful office WebPlatinum Equity Salaries How much do Platinum Equity employees make? The employee data is based on information from people who have self-reported their past or current employments at 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-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. Ask this owner of a Cleveland-area restaurant. 75% of employees think that Platinum Equity has a positive business outlook. 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. WebPlatinum Equity is a private equity firm that focuses on buyout investments of established companies. Ms. Chapman is a critical member of the fund raising team by driving the underlying diligence. It would be a big acquisition for Platinum in Australia. We are strongly committed to protecting your privacy. BofA Securities and Barclays served as financial advisors to Cabinetworks. 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. Her responsibilities include Fund audits, track record updates and investor inquiries. You can get in trouble for knowing too much and get in trouble for not knowing enough. 100% of job seekers rate their interview experience at Platinum Equity as positive. Whats the best way to have a lack of compensation and incentive conversation in your department? Have you worked at Platinum Equity? You may unsubscribe at any time. Private Equity Firms Have Caused Painful Job Losses And , Private equitys path to job cuts LinkedIn. What are perks and other benefits like at Platinum Equity? 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. Avg. The time off that the company gives is not equal to other companies in the same industry. The question is whether it can hit Jeld-Wens price expectations. All Rights Reserved. Great career starting point. Today, McGraw Hill generates more than 60% of its revenue from digital products and services, and more than 80% in its Higher Education business. platinum equity platinum equity co platinum equity corp platinum equity inc platinum equity llc platinum equity llc Platinum Equity Global Presence Search All Employees Company has a great vision, strong leadership. You may unsubscribe any time. He holds a Bachelor of Science in Business (Accounting and Finance) from Indiana University. I would like to thank all our 8,000 employees for the work that you do every day. WebFounded in 1995, Platinum Equity is a global investment firm specializing in mergers, acquisitions, and operations. No performance reviews. It is a stressful industry, but Platinum was a great place to work. Good leadership, collaborative colleagues and positive support teams. 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 lan Platinum Equity pays the highest-paid employees over $134,000 a year, while the lowest-paid employees are paid less than $30,000. 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 The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global 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. This rating has been stable over the past 12 months. 9% of Platinum Equity management is Hispanic or Latino. Its products are distributed in more than 100 countries across the Americas, Asia-Pacific, Europe, India and the Middle East. Whats the best way to have a lack of compensation and incentive conversation in your department? Based in Beverly Hills, CA, Platinum Equity is a small finance company with only 51 employees and an annual revenue of $3.6M. All answers shown come directly from Platinum Equity Reviews and are not edited or altered. Ali Bajwa is responsible for managing the transition of newly acquired companies into Platinum Equitys portfolio. Underlying diligence bofa Securities and Barclays served as financial advisors to Cabinetworks I like... The employee data is based on information from people who have self-reported their or... 1995, Platinum Equity employees rate their compensation and benefits as 3.7 out of 5 firm founded by Gores! 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