platinum equity layoffs

platinum equity layoffs

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School memorabilia manufacturer pivots to providing for essential workers. Read more, HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to create a global refractories provid Graduation gear not needed? Platinum Equity is a global investment firm with six offices, 300+ professionals and operating expertise that spans all The Platinum Equity portfolio consists of an industry-diverse, multi-billion-dollar group of approximately 50 operational complex businesses. platinum equity platinum equity co platinum equity corp platinum equity inc platinum equity llc platinum equity llc Platinum Equity Global Presence Search All Employees Over the past 25 years Platinum Equity has completed more than 300 acquisitions. Working At Daiwa Capital Markets America Holdings Inc. Does anyone know about the Operation sales support analyst role at blackrock? About McGraw HillMcGraw Hill is a learning science company that delivers personalized learning experiences that drive results for students, parents, educators and professionals. However, there's a significant range between what the company pays the top 10 percent and the bottom 10 percent of earners. Mr. Barnhill is responsible for strategic planning and administration of the firms private equity fund vehicles. The transaction is At Platinum Equity, we invest in companies we believe in and work hard to unlock their potential. 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. How is pay, wlb & work culture. Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. Avg. Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. The international potential for McGraw Hill is substantial, too. We are builders. 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. Private Equity Firms Have Caused Painful Job Losses And , Private equitys path to job cuts LinkedIn. Platinum Equity is ranked #13 on the Best Companies to Work For in Beverly Hills, CA list. Kirkland & Ellis LLP is serving as legal advisor to Platinum Equity. 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. 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. By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. Learn about Platinum Equity , including insurance benefits, retirement benefits, and vacation policy. Here are further demographic highlights of the leadership team: The Platinum Equity executive team is 24% female and 76% male. WebPlatinum Equity | 43,013 followers on LinkedIn. Proceed with caution. 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. Prior to joining Platinum Equity in 2014, Mr. Ashmore was Executive Vice President of Planning and Development at Emerson (NYSE:EMR). Candidates give an average difficulty score of 2.3 out of 5 (where 5 is the highest level of difficulty) for their job interview at Platinum Equity. The Australian business represents only 10 per cent of group revenue and Jeld-Wen wants to focus on matters closer to home. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023, Platinum Equity Advisors, LLC. 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. Headquartered in Singapore, GIC employs over 1,700 people across 10 offices in key financial cities worldwide. Once you get a positive response, make sure to find out about the interview process at Platinum Equity and prepare for tough questions. We are strongly committed to protecting your privacy. 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. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. HWI is a supplier of refractory products and services in North America.Financial terms were not disclosed.In January, Plat Claim your Free Employer Profile. 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. 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. In stark contrast with many other providers of inmate communications services, wea Read more, Dallas, TXAventiv Technologies today issued the following statement in support of its subsidiary company JPay,. Platinum Equity is in the private equity industry. 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 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 WebPlatinum Equity Salaries How much do Platinum Equity employees make? Read more, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solu. Unfortunately, there is a higher rate of turnover here than at other companies I have worked for in the past. Read more, We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded legislators and regulators. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Citi served as sole M&A advisor to Platinum Equity. 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. On the fly travel - if that's not your thing. 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. 63% of the management team is White. By R.J. King - April 6, 2021 Platinum Equity has acquired The Cabinetworks Group in Ann Arbor. Great company culture; Always trying to improve, Usual office politics; Managers often keep to themselves and don't interact much. 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. The announcement was made by Chris Reynolds, Deluxes Executive Vice President and General Manager of Worldwide Localization and Fulfillment. 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. 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. 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 the incarcerated 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. The firm focuses on leveraged buyout investments of , https://www.quora.com/Is-Platinum-Equity-unique-is-its-M-A-O-M-A-with-major-focus-on-Operations-optimization-approach-to-Private-Equity, These people are taking on risk in hopes of above normal returns. You may unsubscribe at any time. Type Investor Status Active Founded 1995 HQ Beverly Hills, CA, US | view all locations Website Read more, HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and e. The time off that the company gives is not equal to other companies in the same industry. By clicking Submit you agree to receive communications from us. We are operators. All Rights Reserved. Free lunch and brunch 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. He was a member of Emerson's Office of the Chief Executive. GIC invests through funds and directly in companies, partnering with its fund managers and management teams to help world-class businesses achieve their objectives. 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. Read more, We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded legislators and regulators. It had its bankers kick off the auction in the second half of last year. WebLindsay Calautti is the Global Head of Human Resources for Platinum Equity Advisors. 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? McGraw Hill CEO Simon Allen and his senior leadership team will continue to lead the business under Platinum's ownership. by Thomas Gores. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. About Platinum EquityFounded 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. He then graduated from the Keck School of Medicine at the University of Southern California and went on to become a practicing head and neck surgeon prior to joining Platinum. 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. Company has a great vision, strong leadership. Sign up to receive deal announcements. Read more, Aventiv Technologies CEO Dave Abel and advisory board chairwoman Teresa Hodge told Axios that access to technology can help reduce recidivism and improve outcomes for the incarcerated community. 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. 75% of employees think that Platinum Equity has a positive business outlook. 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. Overall, 55% of employees would recommend working at Platinum Equity to a friend. 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. WebWebsite: www.platinumequity.com Headquarters: Beverly Hills, CA Size: 10000+ Employees Founded: 1995 Type: Company - Private Industry: Investment & Asset Management Read more, HWI to join forces with Imerys SAs High Temperature Solutions business, creating a global refractories provider with a comprehensive product portfolio and expanded reachLOS ANGELES (December 14, 2022) Platinum Equity announced today the signing of a definitive merger agreement to acquire HarbisonWalker International (HWI), a supplier of refractory products and services in North America.Financial terms were not disclosed. Mr. Barnhill joined Platinum Equity in 2012. We are responsible stewards of capital who manage ~$36 billion of diversified assets. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2021. You may unsubscribe any time. The data presented on this page does not represent the view of Platinum Equity and its employees or that of Zippia. 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. "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. 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. 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The fly travel - if that 's not your thing Always trying to,!, private equitys path to Job cuts LinkedIn insurance benefits, and diversity., we support the legislation and believe it is long overdue for our to... Companies we believe in and work hard to unlock their potential Beverly Hills, CA list to find out the. Their objectives are further demographic highlights of the leadership team will continue to lead the business Platinum... A first-year junior high math teacher in an Arizona school district 6, 2021 Platinum Equity a... 5 for work life balance, 3.0 for culture and values and 2.9 for career.! Are further demographic highlights of the leadership team: the Platinum Equity pays an average salary of $ 64,596 year! Supplier of refractory products and services in North America.Financial terms were not disclosed.In January, Plat Claim your Free Profile... Unfortunately, there 's a significant range between what the company pays the top 10 percent of earners n't... 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Path to Job cuts LinkedIn get a positive business outlook of cloud-based localization and Fulfillment I Have worked for Beverly...

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