platinum equity layoffs

Headquartered in Singapore, GIC employs over 1,700 people across 10 offices in key financial cities worldwide. Read more, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solu. 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. Igor Chacartegui is responsible for the structuring and execution of European acquisition and divestiture transactions. I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. Great company culture; Always trying to improve, Usual office politics; Managers often keep to themselves and don't interact much. Overall, 55% of employees would recommend working at Platinum Equity to a friend. Platinum Equity competitors include Excellis Health Solutions, Lq3 Pharmaceuticals, American Bankers Association, United Capital Financial Partners, NFP Ventures, Asset Management Company, Acquisition, Latin American Agribusiness Development, Ariel Investments, LEVEL5, Trust Company Of America, Daiwa Capital Markets America Holdings Inc., Fortis Financial, Lexington Partners. Overall, 55% of employees would recommend, Work Here? We are excited to work with Simon Allen and all of McGraw Hill's talented employees to continue investing in growth and innovation.". On Fishbowl, you can share insights and advice anonymously with Platinum Equity employees and get real answers from people on the inside. This rating has been stable over the past 12 months. You may unsubscribe any time. WebFounded in 1995, Platinum Equity is a global investment firm specializing in mergers, acquisitions, and operations. 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. Company has a great vision, strong leadership. -In-house catering service Read more, HWI to join forces with Imerys SAs High Temperature Solutions business, creating a global refractories provider wi. Lindsay Calautti is the Global Head of Human Resources for Platinum Equity Advisors. 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 How is pay, wlb & work culture. Pros "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. 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.. You may unsubscribe at any time. Jeld-Wens Australian arm reported about $100 million EBITDA in its most recent filings. Any insights would be helpful. Whats the best way to have a lack of compensation and incentive conversation in your department? Save my name, email, and website in this browser for the next time I comment. Platinum Equity generates $3.6M in revenue. Mr. Chacartegui holds a MSc. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. 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. 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 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. $30,400 to the Democratic Party. It is a stressful industry, but Platinum was a great place to work. HWI is a supplier of refractory products and services in North America.Financial terms were not disclosed.In January, Plat We are strongly committed to protecting your privacy. You may unsubscribe any time. Once you get a positive response, make sure to find out about the interview process at Platinum Equity and prepare for tough questions. -Good amount of responsibility and independence of thought, -Salaries not market competitive (disconnect between hours worked and compensation) "McGraw Hill has the best talent, content and technology in the industry and is a trusted partner to millions of educators, learners and professionals around the world," said Mr. Allen. Platinum Equity employees are most likely to be members of the Republican Party. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023, Platinum Equity Advisors, LLC. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. Dan WhelanPlatinum Equity(310) 282-9202[emailprotected], Tyler ReedMcGraw Hill(914) 512-4853[emailprotected], Cision Distribution 888-776-0942 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. She is a key member of the team that works with the Limited Partners. Signing up for our Newsletter is subject to our Privacy Notice. You can have a great strategy, but if you dont have the people to execute, you have nothing. Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. seven continents. Nepotism run rampant here. "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.". I would like to thank all our 8,000 employees for the work that you do every day. from 8 AM - 9 PM ET. Her responsibilities include Fund audits, track record updates and investor inquiries. Graduation gear not needed? perks include free tickets to sports events and breakfast buffets every first friday of the month. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); LOS ANGELES April 5, 2021 Platinum Equity today announced that it has entered into a definitive agreement to acquire The Cabinetworks Group (Cabinetworks) from American Industrial Partners, GIC and other equity holders. You may unsubscribe any time. Today, McGraw Hill generates more than 60% of its revenue from digital products and services, and more than 80% in its Higher Education business. Transaction oriented business is a fantastic education. 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. Its products are distributed in more than 100 countries across the Americas, Asia-Pacific, Europe, India and the Middle East. When typing in this field, a list of search results will appear and be automatically updated as you type. Read more. WebPlatinum Equity | 43,013 followers on LinkedIn. Read more, We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded legislators and regulators. You can have a great mission statement, but if you dont have the people who care about it, its not true.. 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. 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. With the Portable sanitation company updates protocols to routine service process to protect essential workers. On the fly travel - if that's not your thing. 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. It is understood US-listed Jeld-Wen is talking to Platinum on an exclusive basis, trying to lock down a price and terms acceptable to both parties. BofA Securities and Barclays served as financial advisors to Cabinetworks. 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. None of the information on this page has been provided or approved by Platinum Equity. All those workers who were laid off were . https://www.yahoo.com/finance/news/9-big-things-softbank-backed-060000995.html, 6. You may unsubscribe at any time. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive news, updates and information. Platinum Equity has a positive business outlook, Emerging Markets Private Equity Association. Read more, HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to cr. GIC has investments in over 40 countries around the world. CHICAGO, Jan. 31, 2020 /PRNewswire/ -- Cision Ltd., a leading global provider of software and services to public relations and marketing communications professionals, today announced that it has been acquired by an affiliate of Platinum Equity in an all cash transaction valued at approximately $2.7 billion. 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 data presented on this page does not represent the view of Platinum Equity and its employees or that of Zippia. Geoff Anfuso is responsible for debt capital placement and related corporate finance activity for new and existing portfolio companies. 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. Free lunch and brunch by Thomas Gores. We are strongly committed to protecting your privacy. Avg. WebPlatinum Equity Employee Directory Platinum Equity corporate office is located in 360 N Crescent Dr, Beverly Hills, California, 90210, United States and has 392 employees. Copyright 2023, Platinum Equity Advisors, LLC. 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. WebPlatinum Equity is a private equity firm that focuses on buyout investments of established companies. Is it possible to break into IB, consulting or corporate development without a masters and without a top of the line GPA? Raises and bonus are discretionary and will change with no notice. 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