platinum equity layoffs

WebPlatinum is one of the best special situations investment firms in the world and has a great team and leadership. Sign up to receive deal announcements. "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. They are headquartered in Los Angeles, California. We are operators. You may unsubscribe at any time. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. platinum equity platinum equity co platinum equity corp platinum equity inc platinum equity llc platinum equity llc Platinum Equity Global Presence Search All Employees WebHow much do Platinum Equity employees make? WebPITTSBURGH, Dec. 14, 2022 /PRNewswire/ -- The Board of Directors of HarbisonWalker International (HWI) today announced that it has signed an agreement to be acquired by We 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. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Have you worked at Platinum Equity? 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. 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. What Happens After a Private Equity Buyout? Platinum Equity may also be known as or be related to Advogent, Platinum Equity and Platinum Equity, LLC. Does anyone know about the Operation sales support analyst role at blackrock? To our valued customers, suppliers: Platinum Equitys investment in our business is a wonderful development in the history of our company. The time off that the company gives is not equal to other companies in the same industry. 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 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. You may unsubscribe any time. I would like to thank all our 8,000 employees for the work that you do every day. The data presented on this page does not represent the view of Platinum Equity and its employees or that of Zippia. Find out more about salaries and benefits at Platinum Equity. 55% of employees would recommend working at Platinum Equity to a friend and 75% have a positive outlook for the business. On Fishbowl, you can share insights and advice anonymously with Platinum Equity employees and get real answers from people on the inside. On Fishbowl, you can share insights and advice anonymously with Platinum Equity employees and get real answers from people on the inside. 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. Platinum Equity is a global investment firm with six offices, 300+ professionals and operating expertise that spans all All Rights Reserved. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. You may unsubscribe at any time. 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, Acquisition expands McGraw Hills position as a leading provider of trusted medical learning resources to students . He holds a Bachelor of Science in Business (Accounting and Finance) from Indiana University. By clicking Submit you agree to receive communications from us. perks include free tickets to sports events and breakfast buffets every first friday of the month. Unfortunately, there is a higher rate of turnover here than at other companies I have worked for in the past. The companys leading position in the cabinets space, combined with Platinum Equitys operational toolkit and M&A resources, make Cabinetworks a great fit for our portfolio., Todd Golditch, a Managing Director at Platinum Equity, said: We are thrilled to partner with CEO Joe Gross and the entire Cabinetworks team. Our people are everything. Whats the best way to have a lack of compensation and incentive conversation in your department? Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. https://www.latimes.com/business/la-xpm-2012-jan-12-la-fi-private-equity-20120112-story.html, Jan 12, 2012 The cost savings from the 192 layoffs announced that day, and 150 or so others over the next year, helped Beverly Hills-based Platinum Equity , Transaction provides substantial capital to fuel next phase of M&A-driven growth and expansion LOS ANGELES December 20, 2021 Platinum Equity portfolio , https://www.forbes.com/sites/mayrarodriguezvalladares/2019/10/30/private-equity-firms-have-caused-painful-job-losses-and-more-are-coming/, Oct 30, 2019 In fact, private equity firms cause significant unemployment. "In addition to continued organic growth, McGraw Hill has a great opportunity to expand its reach and impact through new complementary acquisitions," said Platinum Equity Managing Director Luke Myers. Copyright 2023, Platinum Equity Advisors, LLC. We work closely with management teams to drive transformative programs that create real value for our companies and the customers and communities they serve. I thought my 5 year was going to finally show something but it did not. by Thomas Gores. 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 However, there's a significant range between what the company pays the top 10 percent and the bottom 10 percent of earners. 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. Ive inquired about pay but its gotten nowhere. We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. 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 is ranked #13 on the Best Companies to Work For in Beverly Hills, CA list. GIC has investments in over 40 countries around the world. 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. Geoff Anfuso is responsible for debt capital placement and related corporate finance activity for new and existing portfolio companies. Prior to joining Platinum Equity in 2014, Mr. Ashmore was Executive Vice President of Planning and Development at Emerson (NYSE:EMR). Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Yak Access Receives 100% Lender Support for Restructuring and Recapitalization, PLATINUM EQUITY ANNOUNCES COMPLETION OF HARBISONWALKER INTERNATIONAL ACQUISITION. For more information about GIC, please visit www.gic.com.sg. Today, McGraw Hill generates more than 60% of its revenue from digital products and services, and more than 80% in its Higher Education business. 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. Read more, HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and expanded reachLOS ANGELES (Februar Over the past 25 years Platinum Equity has completed more than 300 acquisitions. By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. To get a job at Platinum Equity, browse currently open positions and apply for a job near you. Dave Aroesty is responsible for evaluating operational turnaround opportunities in the hospitality industry and other sectors in which real estate provides a strong element of downside protection to the investment thesis. Stephanie Chapman is the Chief Accountant for Platinum Equitys funds. BofA Securities will lead the debt financing for Platinum Equity and Cabinetworks. Closely with management teams to drive transformative programs that create real value for our companies the... 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