There was another example of the value Platinum Equity can provide to founder-owned businesses.The firm and its por Hours are long, but worth it. 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. The announcement was made by Chris Reynolds, Deluxes Executive Vice President and General Manager of Worldwide Localization and Fulfillment. 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 investment firm typically seeks to acquire private companies, public firms that want to become private, and units that large corporations are looking to divest; these enterprises usually have established brands, Opens the Fishbowl by Glassdoor site in a new window. 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. The Australian business represents only 10 per cent of group revenue and Jeld-Wen wants to focus on matters closer to home. WebHow much do Platinum Equity employees make? Read more, We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded legislators and regulators. 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. "McGraw Hill is one of the most trusted names in education and has been delivering best-in-class content for more than 130 years," said Platinum Equity Partner Jacob Kotzubei. 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. 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. Platinum Equity is a global investment firm with six offices, 300+ professionals and operating expertise that spans all By clicking Submit you agree to receive communications from us. 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. "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.". Have you worked at Platinum Equity? Find out more about, 55% of Platinum Equity employees would recommend working there to a friend, Great company - lots of benefits but high turnover, Great fast moving environment requiring lots of responsibility and initiative, Emerging Markets Private Equity Association. 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. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. We generate returns by investing in companies across a wide range of industries that need financial and operational support to unlock their full potential. All Rights Reserved. Mr. Anfuso holds a Bachelors degree in Business Administration from the University of Southern California. I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. Whats the best way to have a lack of compensation and incentive conversation in your department? The firm focuses on leveraged buyout investments of established companies in the U.S. and Europe.The firm is headquartered in Beverly Hills, California with regional offices in Boston, New York and London. Read more, Acquisition expands McGraw Hills position as a leading provider of trusted medical learning resources to students . Platinum Equity has an overall rating of 3.8 out of 5, based on over 18 reviews left anonymously by employees. Platinum Equity generates $3.6M in revenue. Ropes & Gray LLP is serving as legal advisor to American Industrial Partners. This was shared during the discussions. Free lunch and brunch 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. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. Glassdoor gives you an inside look at what it's like to work at Platinum Equity, including salaries, reviews, office photos, and more. 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. Platinum Equity is in the private equity industry. It had its bankers kick off the auction in the second half of last year. 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. Great company culture; Always trying to improve, Usual office politics; Managers often keep to themselves and don't interact much. https://www.latimes.com/business/la-xpm-2012-jan It is a stressful industry, but Platinum was a great place to work. By clicking Submit you agree to receive communications from us. Read more, The Day One with Andre Normanpodcast is the most recent addition to Securus Technologies growing catalog of free restorative content for How is pay, wlb & work culture. What are perks and other benefits like at Platinum Equity? Geoff Anfuso is responsible for debt capital placement and related corporate finance activity for new and existing portfolio companies. This is based on anonymous employee reviews submitted on Glassdoor. Met with several senior members of the firm across various organizations/roles. 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. Working At Levine Leichtman Capital Partners. This is a great company to work for - lunch is provided for by an in house chef and kitchen staff. Ask this owner of a Cleveland-area restaurant. 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. Prior to joining Platinum Equity in 2022, Mr. Anfuso worked at New State Capital Partners. You can have a great mission statement, but if you dont have the people who care about it, its not true.. Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. 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. 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. from 8 AM - 9 PM ET. Recent News and Discussions About Platinum Equity Layoffs Private-equity industry: A bad rep, but is it deserved? WebPlatinum Equity, LLC is a private equity investment firm founded by Tom Gores in 1995. Mr. Chacartegui holds a MSc. You may unsubscribe any time. We are strongly committed to protecting your privacy. Joe Gross, Chief Executive Officer of Cabinetworks, said: This transaction is another important milestone of success for our Cabinetworks team. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. We are strongly committed to protecting your privacy. Verify your email to use filters. Platinum Equity, the private equity firm of Detroit Pistons owner Tom Gores, announced it has entered into a definitive agreement to acquire The Cabinetworks Group in Ann Arbor from American Industrial Partners, GIC, and other equity holders. The firm focuses on leveraged buyout investments of established companies in the U.S. and WebWebsite: www.platinumequity.com Headquarters: Beverly Hills, CA Size: 10000+ Employees Founded: 1995 Type: Company - Private Industry: Investment & Asset Management From funding technology upgrades to overseeing strong ESG fundamentals, Platinum Equity's support leads to company transformations. By clicking Submit you agree to receive communications from us. Her responsibilities include Fund audits, track record updates and investor inquiries. Dan WhelanPlatinum Equity(310) 282-9202[emailprotected], Tyler ReedMcGraw Hill(914) 512-4853[emailprotected], Cision Distribution 888-776-0942 55% of Platinum Equity employees would recommend working there to a friend based on Glassdoor reviews. Type Investor Status Active Founded 1995 HQ Beverly Hills, CA, US | view all locations Website Platinum Equity specializes in mergers, acquisitions and operations a trademarked strategy it calls M&A&O acquiring and operating companies in a broad Save my name, email, and website in this browser for the next time I comment. Ms. Calautti holds a Bachelors degree from The College of St. Rose and a Masters Degree from Harvard University. Follow the topics, people and companies that matter to you. Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. You may unsubscribe at any time. 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. How is their IT department for roles like Director or VP? Having problems? 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. About McGraw HillMcGraw Hill is a learning science company that delivers personalized learning experiences that drive results for students, parents, educators and professionals. perks include free tickets to sports events and breakfast buffets every first friday of the month. Read more, We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded legislators and regulators. Signing up for our Newsletter is subject to our Privacy Notice. We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. "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. Asked great questions. We are builders. Prior to joining Platinum Equity in 2017, Mr. Chacartegui held a 7 year career at The Gores Group where he was a Managing Director based in London. -In-house catering service All Rights Reserved. Signing up for our Newsletter is subject to our Privacy Notice. Glassdoor has 18 Platinum Equity reviews submitted anonymously by Platinum Equity employees. Today, McGraw Hill generates more than 60% of its revenue from digital products and services, and more than 80% in its Higher Education business. According to anonymously submitted Glassdoor reviews, Platinum Equity employees rate their compensation and benefits as 3.7 out of 5. Read more, Acquisition expands McGraw Hills position as a leading provider of trusted medical learning resources to students and professionalsCOLUMBUS, Ohio ( 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. 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. You may unsubscribe any time. All Rights Reserved. You may unsubscribe at any time. 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 Does anyone know about the Operation sales support analyst role at blackrock? 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. Mr. Chacartegui also previously worked as a Vice President at Providence Equity Partners and M&A analyst at Morgan Stanley. People tend to come and go after two or so years of working here. In that role he had responsibility for Emerson's mergers and acquisitions, strategic planning and corporate technology functions as well as Emerson Network Power's connectivity solutions 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. Mr. Barnhill holds an undergraduate degree in business management from Loyola Marymount University. Claiming and updating your company profile on Zippia is free and easy. Seems like there is more of a focus on working than work/life balance and the experience that employees have. By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. The process lasted about 30 days from first interview to offer. We are investors. "The company is well positioned to help shape and facilitate the continued shift to digital taking place across the education landscape, to the benefit of students, educators and administrators around the world. Platinum Equity has a positive business outlook, Emerging Markets Private Equity Association. Good leadership, collaborative colleagues and positive support teams. -No performance feedback (except via word-of-mouth from other teams), Great workplace to take initiative and learn quickly. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock seven continents. https://www.yahoo.com/finance/news/9-big-things-softbank-backed-060000995.html, 6. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. As long as American students are unable to compete on the global stage of educational excellence, and as long as the progressive educational leaders of our country advocate rejecting achievement and merit in favor of equal results "equity" you can't blame American companies for seeking and outsourcing contractors/employees who can For more information on American Industrial Partners, visit www.americanindustrial.com. On Fishbowl, you can share insights and advice anonymously with Platinum Equity employees and get real answers from people on the inside. A disciplined long-term value investor, GIC is uniquely positioned for investments across a wide range of asset classes, including equities, fixed income, private equity, real estate and infrastructure. 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. WebLindsay Calautti is the Global Head of Human Resources for Platinum Equity Advisors. platinum equity platinum equity co platinum equity corp platinum equity inc platinum equity llc platinum equity llc Platinum Equity Global Presence Search All Employees 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. You may unsubscribe any time. 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. Proceed with caution. About GIC GIC is a leading global investment firm established in 1981 to manage Singapore's foreign reserves. Based in Beverly Hills, CA, Platinum Equity is a small finance company with only 51 employees and an annual revenue of $3.6M. 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. Portable sanitation company updates protocols to routine service process to protect essential workers. 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.