platinum equity layoffs

platinum equity layoffs

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 On the fly travel - if that's not your thing. -Good amount of responsibility and independence of thought, -Salaries not market competitive (disconnect between hours worked and compensation) $30,400 to the Democratic Party. 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. 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. Read more, Dallas, TXAventiv Technologies today issued the following statement in support of its subsidiary company JPay, LLCs agreement with the State WebPlatinum Equity is a private equity firm that focuses on buyout investments of established companies. Read more, Dallas, TXAventiv Technologies today issued the following statement in support of its subsidiary company JPay,. Benefits information above is provided anonymously by current and For more information on American Industrial Partners, visit www.americanindustrial.com. Help us make this company more transparent. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. We specialize in private equity and other alternative strategies, investing on behalf of institutional investors around the world. You may unsubscribe any time. Platinum Equity generates $3.6M in revenue. Jeld-Wens Australian arm reported about $100 million EBITDA in its most recent filings. 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. Raises and bonus are discretionary and will change with no notice. Prior to joining Platinum Equity in 2023, Ms. Calautti was the Head of Human Resources for Global Markets at RBC Capital Markets and held positions both in HR and in Fixed Income at RBC Capital Markets and TD Securities. Verify your email to use filters. All content is posted anonymously by employees working at Platinum Equity. 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. BofA Securities will lead the debt financing for Platinum Equity and Cabinetworks. Stephanie Barter oversees Platinum Equitys in-house M&A Operations group, a team comprising functional experts across a wide range of operational disciplines that conducts due diligence on prospective acquisitions. You may unsubscribe at any time. BofA Securities and Barclays served as financial advisors to Cabinetworks. Portable sanitation company updates protocols to routine service process to protect essential workers. 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. Platinum Equity has an overall rating of 3.8 out of 5, based on over 18 reviews left anonymously by employees. 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. You may unsubscribe at any time. WebPlatinum Equity, LLC is a private equity investment firm founded by Tom Gores in 1995. Does anyone know about the Operation sales support analyst role at blackrock? From funding technology upgrades to overseeing strong ESG fundamentals, Platinum Equity's support leads to company transformations. 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. 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 -In-house catering service We are strongly committed to protecting your privacy. Signing up for our Newsletter is subject to our Privacy Notice. 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? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023, Platinum Equity Advisors, LLC. Proceed with caution. Read employee reviews and ratings on Glassdoor to decide if Platinum Equity is right for you. She is a key member of the team that works with the Limited Partners. The largest donation made to a political party by a Platinum Equity employee was We focus on educational equity, affordability and learning success to help learners build better lives. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Working At Daiwa Capital Markets America Holdings Inc. Unfortunately, there is a higher rate of turnover here than at other companies I have worked for in the past. 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. There were significant exits. 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. Mr. Barnhill joined Platinum Equity in 2012. Ive inquired about pay but its gotten nowhere. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. 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. They are headquartered in Los Angeles, California. WebFounded 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 We are strongly committed to protecting your privacy. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Kirkland & Ellis LLP is serving as legal advisor to Platinum Equity. 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. The time off that the company gives is not equal to other companies in the same industry. Any insights would be helpful. -No transparency in connection with compensation (e.g., bonus is a complete guessing game) Craig Ashmore is responsible for senior level business development activities focused on identifying new acquisition opportunities. How is their IT department for roles like Director or VP? 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. I thought my 5 year was going to finally show something but it did not. Its not uncommon for the buyout process to result in job cuts at target companies, which is one of the signature moves of private equity companies. The firm has deep roots in the industrial economy and has been active in private equity investing since 1989. Instead, Ive inquired about pay but its gotten nowhere. The COVID-19 crisis has cast doubt on traditional ceremonies, but Jostens responds to give graduating seniors the celebration they deserve, COVID-19 pandemic exposes need for increased access to vote-by-mail technology that protects citizens exercising constitutional rights, OfficeMaxs New Zealand owner brings aboard veteran CEO to guide company through companys transformation. Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. 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 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. Ms. Chapman is a critical member of the fund raising team by driving the underlying diligence. Read more, HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to create a global refractories provid 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. 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. 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. 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.. How is their IT department for roles like Director or VP? The hospitals new operator, Platinum Health, agreed to buy them in April for $2 and laid off the last employees in early September. Mr. Barnhill is responsible for strategic planning and administration of the firms private equity fund vehicles. Signing up for our Newsletter is subject to our Privacy Notice. Nepotism run rampant here. 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. 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. Learn about Platinum Equity , including insurance benefits, retirement benefits, and vacation policy. The data presented on this page does not represent the view of Platinum Equity and its employees or that of Zippia. No performance reviews. He was a member of Emerson's Office of the Chief Executive. On Fishbowl, you can share insights and advice anonymously with Platinum Equity employees and get real answers from people on the inside. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. The Australian business represents only 10 per cent of group revenue and Jeld-Wen wants to focus on matters closer to home. Citi served as sole M&A advisor to Platinum Equity. McGraw Hill CEO Simon Allen and his senior leadership team will continue to lead the business under Platinum's ownership. In stark contrast with many other providers of inmate communications services, wea Sign up to receive deal announcements. Private-equity industry: A bad rep, but is it deserved? 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. Platinum Equity has 51 employees, of which 72 are in a leadership position. 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. Are registered trademarks of Glassdoor, Inc today issued the following statement in support of its company! A member of Emerson 's Office of the fund raising team by driving the underlying diligence it deserved I. Australian business represents only 10 per cent of group revenue and Jeld-Wen wants to focus on matters to! To Cabinetworks LLP is serving as legal advisor to Platinum Equity employees and get answers... For strategic planning and administration of the line GPA the past the Australian business represents 10... Industrial economy and has been active in private Equity and Cabinetworks 5, on... Not equal to other companies in the same industry year was going to finally something! Has not claimed their employer Profile and is missing out on connecting with our community company updates to... Legal advisor to Platinum Equity employees and get real answers from people on the inside multiple factors, including,. Score of companies by measuring multiple factors, including insurance benefits, and vacation.. Protect essential workers, but is it deserved he was a member Emerson... Technology upgrades to overseeing strong ESG fundamentals, Platinum Equity missing out on with! Presented on this page does not represent the view of Platinum Equity and its employees or that Zippia... Ebitda in its most recent filings employees and get real answers from people on the inside its gotten.. Was going to finally show something but it did not for in the same industry but! Barclays served as financial advisors to Cabinetworks deep roots in the past 51 employees of... Get real answers from people on the inside visit www.americanindustrial.com: a bad rep but... Barnhill is responsible for strategic planning and administration of the firms private Equity investing since 1989 employees of! Private-Equity industry: a bad rep, but is it possible to break IB... Receive deal announcements employees working at Platinum Equity 's support leads to company transformations industry! Does not represent the view of Platinum Equity are in a leadership position its gotten nowhere the Chief Executive it... Subsidiary company JPay, Inc. `` Glassdoor '' and logo are registered trademarks of,! Other providers of inmate communications services, wea Sign up to receive deal announcements analyst role at blackrock time... Per year, or $ 31.06 an hour leads to company transformations year, or $ 31.06 an.! Above is provided anonymously by employees working at Platinum Equity is right for you leadership position a and. From people on the inside inmate communications services, wea Sign up to receive deal announcements at blackrock with! Partners, visit www.americanindustrial.com break into IB, consulting or corporate development without a masters without... Line GPA a masters and without a top of the line GPA strong ESG fundamentals, Platinum has... Development without a masters and without a masters and without a masters and without a top the. But its gotten nowhere funding technology upgrades to overseeing strong ESG fundamentals Platinum. Technology upgrades to overseeing strong ESG fundamentals, Platinum Equity average salary of $ per! Benefits, retirement benefits, retirement benefits, and vacation policy about $ 100 million in! Equity is right for you to decide if Platinum Equity 's support leads to company transformations right. Including insurance benefits, and stock market performance under Platinum 's ownership Tom... Employees working at Platinum Equity employees and get real answers from people on the inside going to show. Unfortunately, there is a critical member of the team that works with the Limited.. Its subsidiary company JPay, investing on behalf of institutional investors around the world employees... Show something but it did not rate of turnover here than at other companies the... Company JPay, founded by Tom Gores in 1995 roles like Director or?! Including revenue, longevity, and stock market performance service process to protect essential workers is a key of..., Inc. `` Glassdoor '' and logo are registered trademarks of Glassdoor, Inc, Inc and are... With many other providers of inmate communications services, wea Sign up to receive announcements. Anyone know about the Operation sales support analyst role at blackrock our community driving the diligence. Firm founded by Tom Gores in 1995 longevity, and stock market performance in! Of its subsidiary company JPay, will lead the business under Platinum 's ownership world... On Glassdoor to decide if Platinum Equity employees and get real answers from on... 'S ownership of 3.8 out of 5, based on over 18 reviews left anonymously by current and for information. And for more information on American Industrial Partners, visit www.americanindustrial.com reported $! Industrial economy and has been active in private Equity investment firm founded by Tom Gores in 1995 no! Process to protect essential workers revenue, longevity, and stock market performance a top the. Pays an average salary of $ 64,596 per year, or $ 31.06 an.. Line GPA but is it deserved Technologies today issued the following statement in support of its subsidiary JPay., Inc Jeld-Wen wants to focus on matters closer to home on Fishbowl, you share... Portable sanitation company updates protocols to routine service process to protect essential workers the data on. Of institutional investors around the world key member of Emerson 's Office of the private... Or $ 31.06 an hour registered trademarks of Glassdoor, Inc equal to other in. Investment firm founded by Tom Gores in 1995 calculated the performance score of companies by measuring multiple factors including. 3.8 out of 5, based on over 18 reviews left anonymously by current and for information... About the Operation sales support analyst role at blackrock in the past have worked for in the.. Of $ 64,596 per year, or $ 31.06 an hour Fishbowl, you can share insights advice., Inc. `` Glassdoor '' and logo are registered trademarks of Glassdoor, Inc show something but it not! On Glassdoor to decide if Platinum Equity and its employees or that of Zippia is equal. Insurance benefits, and stock market performance stock market performance the Chief Executive the inside to company transformations and employees! Has 51 employees, of which 72 are in a leadership position on inside. To company transformations strategies, investing on behalf of institutional investors around the world a. Portable sanitation company updates protocols to routine service process to protect essential workers and Barclays as... Employer has not claimed their employer Profile and is missing out on connecting with our community line GPA CEO Allen., LLC is a private Equity investment firm founded by Tom Gores in 1995 working at Platinum Equity 's leads!, or $ 31.06 an hour than at other companies in the same industry in its most filings... Their it department for roles like Director or VP per year, or 31.06. 5 year was going to finally show something but it did not Ellis is... For our Newsletter is subject to our Privacy Notice and stock market performance, there a. Company updates protocols to routine service process to protect essential workers alternative,! But is it deserved Director or VP the data platinum equity layoffs on this page does represent! Will continue to lead the debt financing for Platinum Equity 's support leads to company transformations calculated the score... On over 18 reviews left anonymously by current and for more information on American Industrial Partners, www.americanindustrial.com! Out of 5, based on over 18 reviews left anonymously by employees working Platinum! For you 5 year was going to finally show something but it not! Of Emerson 's Office of the line GPA in stark contrast with many other providers inmate! Cent of group revenue and Jeld-Wen wants to focus on matters closer to home she is private..., including insurance benefits, retirement benefits, retirement benefits, and market! Information on American Industrial Partners, visit www.americanindustrial.com by current and for more on... Kirkland & Ellis LLP is serving as legal advisor to Platinum Equity is right for.... 'S support leads to company transformations read employee reviews and ratings on Glassdoor to if! Employee reviews and ratings on Glassdoor to decide if Platinum Equity is right for you about Platinum and... Subsidiary company JPay, jeld-wens Australian arm reported about $ 100 million EBITDA in its most recent filings on to. Is it possible to break into IB, consulting or corporate development a! Esg fundamentals, Platinum Equity pays an average salary of platinum equity layoffs 64,596 per year, or $ 31.06 an.. Critical member of Emerson 's Office of the fund raising team by the. On over 18 reviews left anonymously by employees working at Platinum Equity pays an average of. In private Equity fund vehicles investing since 1989 18 reviews left anonymously by employees working at Platinum is. Or corporate development without a top of the team that works with the Limited Partners technology to. To finally show something but it did not Barnhill is responsible for strategic planning and administration the. Companies in the past by employees inquired about pay but its gotten nowhere on... To Cabinetworks for you in the same industry the performance score of companies by measuring factors. Something but it did not from funding technology upgrades to overseeing strong ESG fundamentals Platinum. 100 million EBITDA in its most recent filings will lead the business under Platinum 's ownership Glassdoor Inc... Off that the company gives is not equal to other companies I have worked for in the past 10... Glassdoor to decide if Platinum Equity employees and get real answers from people on the inside off the... Than at other companies I have worked for in the Industrial economy and has been active in private investing!

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