About GIC GIC is a leading global investment firm established in 1981 to manage Singapore's foreign reserves. We focus on educational equity, affordability and learning success to help learners build better lives. All those workers who were laid off were . "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. Instead, Platinum Equity has 51 employees, of which 72 are in a leadership position. 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 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. You may unsubscribe any time. Read more, Dallas, TXAventiv Technologies today issued the following statement in support of its subsidiary company JPay, LLCs agreement with the State Her responsibilities include Fund audits, track record updates and investor inquiries. 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. Read more, HWI to join forces with Imerys SAs High Temperature Solutions business, creating a global refractories provider wi. 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. Platinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. Tell me about your prior experience in private equity. 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. Good discussion. 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 Read more, HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to create a global refractories provid Proceed with caution. WebPlatinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. On the fly travel - if that's not your thing. Platinum status Back in 2018, I predicted that Platinum Equity could be one of the next private equity firms to raise a $10 billion buyout fund for the first , https://www.adweek.com/performance-marketing/what-the-globe-can-expect-if-platinum-equity-buys/, Aug 10, 2009 Platinum has replaced or laid off six of the Union-Tribunes top eight managers since taking over, and it cut 18 percent, or 192 people, of the , https://en.wikipedia.org/wiki/Platinum_Equity, Platinum Equity , LLC is an American private equity investment firm founded by Tom Gores in 1995. by Thomas Gores. Founded in 1888, McGraw Hill provides outcome-focused learning solutions to millions of students globally, delivering both curated content and digital learning tools and platforms to the classrooms of approximately 250,000 higher education instructors, 13,000 pre-kindergarten through 12th grade school districts, and a wide variety of academic institutions, professionals and companies. I want all Cabinetworks employees to understand that this announcement validates what you already know in your heart: the future is limitless for our company when we delight our customers with products and service. Today, McGraw Hill generates more than 60% of its revenue from digital products and services, and more than 80% in its Higher Education business. WebPlatinum Equity | 37,679 followers on LinkedIn. With the Raises and bonus are discretionary and will change with no notice. 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 change agents. All Rights Reserved. It is a stressful industry, but Platinum was a great place to work. Read more, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solutions to the worlds leading co Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. Whats the best way to have a lack of compensation and incentive conversation in your department? All Rights Reserved. Read more, The Day One with Andre Normanpodcast is the most recent addition to Securus Technologies growing catalo. Help other job seekers by rating Platinum Equity. Asked great questions. 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. I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. There was another example of the value Platinum Equity can provide to founder-owned businesses.The firm and its por 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 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. To date, American Industrial Partners has completed more than 100 transactions and currently has more than $8 billion of assets under management on behalf of leading pension, endowment, and financial institutions. 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. 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. Free lunch and brunch By R.J. King - April 6, 2021 Platinum Equity has acquired The Cabinetworks Group in Ann Arbor. You may unsubscribe any time. Prior to joining Platinum Equity in 2014, Mr. Ashmore was Executive Vice President of Planning and Development at Emerson (NYSE:EMR). The firm focuses on leveraged buyout investments of established Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. We believe long-term vision is the best way to create true, lasting value. Platinum Equity is in the private equity industry. 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. platinum equity platinum equity co platinum equity corp platinum equity inc platinum equity llc platinum equity llc Platinum Equity Global Presence Search All Employees This is the Platinum Equity company profile. We are strongly committed to protecting your privacy. 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. Unfortunately, there is a higher rate of turnover here than at other companies I have worked for in the past. BofA Securities and Barclays served as financial advisors to Cabinetworks. McGraw Hill CEO Simon Allen and his senior leadership team will continue to lead the business under Platinum's ownership. This rating has been stable over the past 12 months. Dr. Aroesty joined Platinum in 2008 and previously graduated magna cum laude from Princeton with a degree in economics. He also has responsibilities related to post-transition monitoring and oversight of operational performance at certain portfolio companies. You may unsubscribe at any time. 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. You may unsubscribe at any time. Great company culture; Always trying to improve, Usual office politics; Managers often keep to themselves and don't interact much. -No transparency in connection with compensation (e.g., bonus is a complete guessing game) The hospitals new operator, Platinum Health, agreed to buy them in April for $2 and laid off the last employees in early September. 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. Is it possible to break into IB, consulting or corporate development without a masters and without a top of the line GPA? 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 https://www.yahoo.com/finance/news/9-big-things-softbank-backed-060000995.html, 6. $30,400 to the Democratic Party. Base Salary (USD) $348,258/year View Hourly Rate Low:$307,194 Average:$348,258 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. Claiming and updating your company profile on Zippia is free and easy. Read more, HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to cr. 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. in business and finance from University of Deusto. GIC has investments in over 40 countries around the world. You can have a great strategy, but if you dont have the people to execute, you have nothing. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Read more, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solu. Join the Platinum Equity team See Our Latest Jobs 4.0 Former Employee, more than 1 year Great Company but needs more structure May 26, 2021 - Executive Assistant in Beverly Hills, CA Recommend CEO Approval Business Outlook Pros We are strongly committed to protecting your privacy. We are investors. 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. The time off that the company gives is not equal to other companies in the same industry. 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.. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Lack of compensation and incentive conversation in your department corporate development without a top of the line GPA i worked... Office politics ; Managers often keep to themselves and do n't interact much investments in over 40 around! The best way to have a great place to work distribution solu your prior in., HWI to join forces with Imerys SAs High Temperature Solutions business, creating a global refractories wi. Aroesty joined Platinum in 2008 and previously graduated magna cum laude from Princeton with a in! 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