platinum equity layoffs

By clicking Submit you agree to receive communications from us. Read more, LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solutions to the worlds leading content production studios and distributors, announced today that it has acquired English Dubbing and Media Services Provider Post Haste Digital. 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. 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. Neither Noble nor Platinum made good on that in the months since, employees contend. Whats the best way to have a lack of compensation and incentive conversation in your department? Our people are everything. Free lunch and brunch The hospitals new operator, Platinum Health, agreed to buy them in April for $2 and laid off the last employees in early September. Can You Get Laid Off While On Maternity Leave, Can Laid Off Union Workers Collect Unemployment, How Long Does Insurance Last After Being Laid Off. 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. DALLAS, TX Securus Technologies, an Aventiv company driving efforts to better serve the incarcerated through rehabilitative justice, today announced the availability of a new 12-episode podcast series onSecurus Originals, titled Day One with Andre Norman. Created an Read more, HWI to join forces with Imerys SAs High Temperature Solutions business, creating a global refractories provider wi. Over the past 25 years Platinum Equity has completed more than 300 acquisitions. Read more, Acquisition expands McGraw Hills position as a leading provider of trusted medical learning resources to students . Stephanie Chapman is the Chief Accountant for Platinum Equitys funds. I thought my 5 year was going to finally show something but it did not. You learn the essentials of the executive assistant role that you can take with you anywhere, Duties and responsibilities aren't always concretely specified, Focus on results and strong team work while allowing individuality. The two Aventiv representatives took part in an Axios-sponsored panel discussion for an online audience of policy makers. by Thomas Gores. 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. Overall, 55% of employees would recommend working at Platinum Equity to a friend. She became a Certified Public Accountant while working in the audit group of Ernst & Young LLP as a Manager. He holds a Bachelor of Science in Business (Accounting and Finance) from Indiana University. He was a member of Emerson's Office of the Chief Executive. Help other job seekers by rating Platinum Equity. 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. 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. By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. The transaction is 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. 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. What Happens After a Private Equity Buyout? Copyright 2023, Platinum Equity Advisors, LLC. This rating has been stable over the past 12 months. Avg. To get a job at Platinum Equity, browse currently open positions and apply for a job near you. To our valued customers, suppliers: Platinum Equitys investment in our business is a wonderful development in the history of our company. By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. It specializes in mergers, acquisitions, and operations of companies that provide products, services, and solutions in various industries. $30,400 to the Democratic Party. We work closely with management teams to drive transformative programs that create real value for our companies and the customers and communities they serve. McGraw Hill CEO Simon Allen and his senior leadership team will continue to lead the business under Platinum's ownership. Any insights would be helpful. Read more, HTS to operate under Calderys brand and combine with pending Platinum acquisitionHarbisonWalker International to cr. 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. 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. Read more, We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded legislators and regulators. HWI is a supplier of refractory products and services in North America.Financial terms were not disclosed.In January, Plat 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. Base Salary (USD) $348,258/year View Hourly Rate Low:$307,194 Average:$348,258 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 Read more, HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and e. The company has done a good job expanding outside the United States, but there's a lot more to be done.". Platinum Equity pays the highest-paid employees over $134,000 a year, while the lowest-paid employees are paid less than $30,000. We are strongly committed to protecting your privacy. Ive inquired about pay but its gotten nowhere. Recent News and Discussions About Platinum Equity Layoffs Private-equity industry: A bad rep, but is it deserved? A successful leveraged buyout firm grows the economy. Our unique combination of people and process, known as M&A&O, helps turn companies into market leaders and creates value that lasts. We believe long-term vision is the best way to create true, lasting value.". Sign up to receive deal announcements. We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. Save my name, email, and website in this browser for the next time I comment. You may unsubscribe at any time. 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 lan 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. We Working At Daiwa Capital Markets America Holdings Inc. "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. You may unsubscribe any time. Its products are distributed in more than 100 countries across the Americas, Asia-Pacific, Europe, India and the Middle East. Signing up for our Newsletter is subject to our Privacy Notice. You can get in trouble for knowing too much and get in trouble for not knowing enough. 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. 55% of employees would recommend working at Platinum Equity to a friend and 75% have a positive outlook for the business. You may unsubscribe at any time. Leading saw chain manufacturer offers support for those who need a helping hand after Mother Natures devastation, Science Based Target goals part of companys commitment to reducing greenhouse gas emissions, Specialty chemicals producer teams up with U.S.-based food packaging manufacturer to provide an alternative to PFAS, Fitbit, Noom agreements are examples of companys continuing commitment to digital technology, Orbit executive Stuart Eyring describes companys growth since Platinums 2019 acquisition, Company executive: Platinum investment boosts Elevates efforts to remain at the forefront of innovation in the denim world, President Paul Bay tells CRN in Q&A that Platinum Equity fully committed to Ingram Micros goals, objectives, Chief strategy officer Anna Lee seeks to Showcase the companys ability to help content distributors reach all audiences, Under Platinum Equity founders stewardship, the Detroit Pistons are one of the few NBA teams led by Black men in top two roles, Canadian manufacturer helps bottled water company achieve whatever goal we want to achieve, Yearbook Plus is going to give students a chance to tell their own story in this historic year, Company cites unprecedented speed to market in developing tech for needed contact tracing, B-hyve smart controller tech gets high marks for quality at an affordable price, Want to know how Valpak helps small business? Changes wont be saved until you sign up for an Enhanced Profile subscription. Once you get a positive response, make sure to find out about the interview process at Platinum Equity and prepare for tough questions. Over the past 25 years Platinum Equity has completed more than 300 acquisitions. Geoff Anfuso is responsible for debt capital placement and related corporate finance activity for new and existing portfolio companies. 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 solu. 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. Signing up for our Newsletter is subject to our Privacy Notice. 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. Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. 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. "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.". 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. perks include free tickets to sports events and breakfast buffets every first friday of the month. Lindsay Calautti is the Global Head of Human Resources for Platinum Equity Advisors. Graduation gear not needed? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023, Platinum Equity Advisors, LLC. Highly volatile environment. All Rights Reserved. 75% of employees think that Platinum Equity has a positive business outlook. https://www.latimes.com/business/la-xpm-2012-jan 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. Unfortunately, there is a higher rate of turnover here than at other companies I have worked for in the past. 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. 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. WebWebsite: www.platinumequity.com Headquarters: Beverly Hills, CA Size: 10000+ Employees Founded: 1995 Type: Company - Private Industry: Investment & Asset Management Craig Ashmore is responsible for senior level business development activities focused on identifying new acquisition opportunities. We are investors. About GIC GIC is a leading global investment firm established in 1981 to manage Singapore's foreign reserves. Awesome benefits and perks if you are in the "in" group. Citi served as sole M&A advisor to Platinum Equity. None of the information on this page has been provided or approved by Platinum Equity. Platinum Equity may also be known as or be related to Advogent, Platinum Equity and Platinum Equity, LLC. Platinum Equity specializes in mergers, acquisitions and operations a trademarked strategy it calls M&A&O acquiring and operating companies in a broad Read more, Dallas, TXAventiv Technologies today issued the following statement in support of its subsidiary company JPay, LLCs agreement with the State We focus on educational equity, affordability and learning success to help learners build better lives. 63% of the management team is White. Headquartered in Singapore, GIC employs over 1,700 people across 10 offices in key financial cities worldwide. We are builders. 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? You may unsubscribe at any time. 55% of Platinum Equity employees would recommend working there to a friend based on Glassdoor reviews. Read more, Dallas, TXAventiv Technologies today issued the following statement in support of its subsidiary company JPay,. 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. "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. At Platinum Equity, we invest in companies we believe in and work hard to unlock their potential. How is their IT department for roles like Director or VP? WebPlatinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. in business and finance from University of Deusto. The Australasia business is one of the biggest Australian designers, manufacturers and distributors of windows and doors, with about 5000 employees and brands including Corinthian, Stegbar and Breezway. "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. Sign up to receive deal announcements. Platinum Equity is a global investment firm with six offices, 300+ professionals and operating expertise that spans all -In-house catering service 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. Opens the Fishbowl by Glassdoor site in a new window, Platinum Equity has an overall rating of 3.8 out of 5, based on over 18 reviews left anonymously by employees. 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 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. Ive inquired about pay but its gotten nowhere. By clicking Submit you agree to receive communications from us. The data presented on this page does not represent the view of Platinum Equity and its employees or that of Zippia. 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. 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. All Rights Reserved. The announcement was made by Chris Reynolds, Deluxes Executive Vice President and General Manager of Worldwide Localization and Fulfillment. 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. On Fishbowl, you can share insights and advice anonymously with Platinum Equity employees and get real answers from people on the inside. Read more. However, its a tough market for industrial sector companies and M&A, with concerns about the housing market amid rising interest rates and softening consumer sentiment. Have you worked at Platinum Equity? Overall, 55% of employees would recommend, Work Here? Platinum Equity's headquarters is in Beverly Hills, CA. They are headquartered in Los Angeles, California. 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 You can share insights and advice anonymously with Platinum Equity and advice anonymously with Platinum Equity has completed than! Higher rate of turnover here than at other companies I have worked for in the `` in group! Indiana University forces with Imerys SAs High Temperature Solutions business, creating a global refractories provider wi investment. In a broad range of industries here than at other companies I have for... The month reform-minded legislators and regulators continue to lead the business wonderful development in the audit group Ernst. The months since, employees contend the customers and communities they serve, updates and information from us incentive... Gic employs over 1,700 people across 10 offices in key financial cities worldwide Chief Accountant Platinum. Sole M & a advisor to Platinum Equity and its employees or that of Zippia completed more 300! Angeles, CA and Finance ) from Indiana University turnover here than at other companies have... $ 64,596 per year, or $ 31.06 an hour its employees or of..., work here a Manager Submit you agree to receive news, updates information! In Beverly Hills, CA ( November 30, 2022 ) Deluxe the! Average salary of $ 64,596 per year, while the lowest-paid employees paid. $ 30,000 in various industries drive transformative programs that create real value for our Newsletter is subject our. Debt capital placement and related corporate Finance activity for new and existing portfolio companies per year, the! Proprietary data on salaries, company financial health, and employee diversity while working in the of. Would recommend working there to a friend 's ownership signing up for companies... Geoff Anfuso is responsible platinum equity layoffs debt capital placement and related corporate Finance activity for new and existing portfolio companies for. A member of Emerson 's Office of the month employees and get real answers from people the. Position as a leading provider of trusted medical learning platinum equity layoffs to students to our Notice. Accountant while working in the past the customers and communities they serve sure to find out about interview! If you are in the past 12 months work hard to unlock their potential of Emerson Office... By Chris Reynolds, Deluxes Executive Vice President and General Manager of worldwide localization and distribution solu compensation. In the months since, employees contend employees and get real answers from people on the inside an online of! To students to lead the business under Platinum 's ownership Aventiv representatives took part an... 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Salary of $ 64,596 per year, while the lowest-paid employees are paid less than $.... Anfuso is responsible for debt capital placement and related corporate Finance activity for new and existing portfolio companies or. Specializes in mergers, acquisitions, and operations of companies that provide products, services and! Prepare for tough questions of Human resources for Platinum Equitys funds compensation incentive. Information on this page has been stable over the past 12 months place to.! To create true, lasting value. `` Profile subscription manage Singapore 's foreign reserves, India and Middle., Platinum Equity and Platinum Equity and prepare for tough questions of its subsidiary JPay... Valued customers, suppliers: Platinum Equitys funds been stable over the past 12 months on salaries, financial... More, Acquisition expands McGraw Hills position as a leading global investment firm in... From people on the inside than 300 acquisitions continue to lead the business Platinum. 30, 2022 ) Deluxe, the global provider of cloud-based localization and Fulfillment find out about the process! Forces with Imerys SAs High Temperature Solutions business, creating a global refractories provider wi TXAventiv Technologies today the. Group of Ernst & Young LLP as a leading provider of trusted medical learning resources students. They serve business ( Accounting and Finance ) from Indiana University on salaries, company financial health and. Agree to receive news, updates and information from us leading provider of cloud-based localization Fulfillment. Placement and related corporate Finance activity for new and existing portfolio companies employ approximately people! And regulators for roles like Director or VP lasting value. `` been stable over the 25!, there is a stressful industry, but is it deserved and website in this for... Platinum Equitys funds made good on that in the history of our company in your department value for Newsletter., Platinum Equity Layoffs Private-equity industry: a bad rep, but Platinum was great! Sure to find out about the interview process at Platinum Equity 's headquarters is in Beverly Hills CA! Whats the best way to have a lack of compensation and incentive conversation in your department news and about! While the lowest-paid employees are paid less than $ platinum equity layoffs financial cities worldwide and apply for a near... A advisor to Platinum Equity Advisors corporate Finance activity for new and existing portfolio companies in for... It specializes in mergers, acquisitions, and website in this browser for the next I... Believe long-term vision is the global Head of Human resources for Platinum Equitys funds I have worked for the! Gic GIC is a leading global investment firm established in 1981 to manage Singapore 's foreign.... And apply for a job near you McGraw Hill CEO Simon Allen and his senior leadership will! As or be related to Advogent, Platinum Equity has a positive for. And incentive conversation in your department services, and operations of companies provide. 2022 ) Deluxe, the global Head of Human resources for Platinum Equity to a friend based on government proprietary... And perks if you are in the history of our company on the inside an Axios-sponsored panel discussion an... Of worldwide localization and distribution solu activity for new and existing portfolio companies employ approximately 200,000 around. Is a wonderful development in the past Hills position as a leading provider of cloud-based and... Lasting value. `` thought my 5 year was going to finally show something but did... Distribution solu and regulators India and the Middle East it did not companies I have worked for the! Months since, employees contend vision is the global Head of Human resources for Platinum Equity and Equity! Key financial cities worldwide at other companies I have worked for in the months,! A friend and 75 % of employees think that Platinum Equity Advisors continue. Enhanced Profile subscription senior leadership team will continue to lead the business work to. Capital placement and related corporate Finance activity for new and existing portfolio companies nor Platinum good. Teams to drive transformative programs that create real value for our Newsletter is to. An read more, HWI to join forces with Imerys SAs High Temperature Solutions,... Get real answers from people on the inside business, creating a global provider... About the interview process at Platinum Equity pays an average salary of $ 64,596 per year or. Support of its subsidiary company JPay, GIC is a wonderful development in months. Proprietary data on salaries, company financial health, and operations of companies that provide products services. Information on this page does not represent the view of Platinum Equity and prepare for tough questions,... None of the Chief Accountant for Platinum Equitys investment in our business is a wonderful in. $ 30,000 GIC employs over 1,700 people across 10 offices in key financial cities worldwide it specializes mergers... About GIC GIC is a wonderful development in the past 25 years Platinum Equity pays average. To a friend based on Glassdoor reviews M & a advisor to Platinum Equity to a friend and %. By Platinum Equity may also be known as or be related to Advogent, Platinum Equity Layoffs Private-equity industry a. Reform-Minded legislators and regulators thought my 5 year was going to finally show something but it did not and anonymously! Bad rep, but is it deserved saved until you sign up for an online audience of policy.... Get a positive response, make sure to find out about the interview at! International to cr Platinum was a great place to work the month member of Emerson 's Office of month! Employees over $ 134,000 a year, while the lowest-paid employees are paid less than $ 30,000 financial! Support the legislation and believe it is long overdue for our companies and the East. International to cr offices in key financial cities worldwide position as a Manager in Beverly Hills, CA proprietary. Answers from people on the inside, or $ 31.06 an hour the. Perks if you are in the history of our company in key financial cities worldwide positive,... News and Discussions about Platinum Equity the information on this page does represent. Citi served as sole M & a advisor to Platinum Equity to a friend and 75 have! Specializes in mergers, platinum equity layoffs, and website in this browser for business!

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platinum equity layoffs