Quia et eius error qui eveniet velit quam animi. Platinum Equity specializes in mergers, acquisitions and operations - a . Last Update. Opened first European office in Paris. in terms of reputation, they are known to be hardasses, low-ballers and to a certain extent, slimeballs. It seems very try hard. Vice President at Platinum Equity New York, New York, United States. We specialize in private equity and other alternative strategies, investing on behalf of institutional investors around the world. Private Equity Forum Apr 22, 2013 Platinum Equity Partners wharton111 IB Rank: Senior Chimp | 25 Hey guys- was wondering if anyone had info on Platinum Equity partners.interested in hours, comp, culture and prestige Region United States - Midwest Log in or register to post comments 2 Comments ( 33) AnalystMonkey2769 PE Rank: Neanderthal 2,653 9y Join to connect Platinum Equity. He is responsible for all aspects of business strategy and operations at Platinum Equity's portfolio companies, and is involved in evaluating buy and sell-side opportunities across the firm. About Platinum EquityFounded in 1995 by Tom Gores, Platinum Equity is a global investment firm with approximately $36 billion of assets under management and a portfolio of approximately 50 operating companies that serve customers around the world. there's an extremely high degree of turnover - i've heard because people dont like the culture. Details of the sale were not disclosed. These firms are seeking to capitalize on the growing gap between the supply of capital for clinical research and the number of drugs competing for it, eight buyout . "Platinum Equity shuts 3rd fund at $3.75 billion", "Platinum Equity Capital Partners IV raises $6.5 bln - PE Hub". Senior Vice President at Platinum Equity Los Angeles, California, United States. [32] In August 2021, the firm completed the acquisition of SVP Worldwide. 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. 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. Platinum Equity (Originally Posted: 02/07/2012). Platinum Equity acquired NDC, healthcare supply chain company, from Court Square Capital Partners. We have a large in-house team with real-world industry experience. Signing up for our Newsletter is subject to our Privacy Notice. I bet on sure things. 11/30/2022 3:22 PM. The firm focuses on leveraged buyout investments of established companies in the U.S., Europe and Asia. Our unique combination of people and process, known as M&A&O, helps turn companies into market leaders and creates value that lasts. providing further insight into the former president's tax situation. Team crumbles just like the city. In 2010, it ranked #31 on Forbes Largest Private Companies list for 2010[15] and #1 on the 2010 Los Angeles Business Journal list of LA's Largest Private Companies. When one man, for whatever reason, has an opportunity to lead an extraordinary life, he has no right to keep it to himself. Also, ask why the guy's wife decided to bang the better brother? [21] The business was sold to Court Square Capital Partners in 2007. Gold Standard Equity Partners M&A&O: Platinum Equity trademarked its paradigm-shifting approach. Senior Vice President. Broad range w/ some smaller MM deals ($100-$200mm) and larger $1B+ transactions. Gibson Dunn & Crutcher LLP provided legal counsel and Willkie Farr & Gallagher LLP provided debt financing counsel to Platinum Equity. Together, they had $1.3 billion in revenue, making SourceOne dominant in the very fragmented $11.5 billion marketplace in which it competed. Great mid-tier fund. The two endowments cannot stand separatethey only work hand-in-hand. John Diggins brings a comprehensive background in financial growth management and mergers & acquisitions activity to the company, in addition to broad operating experience. When not President and CEO of Platinum Equity, Mr. Gores is either on a soccer field or on a basketball court, coaching youth teams, applying the same . pls and thank you. [14] In the last year Platinum Equity has deployed significant capital across a wide spectrum of industries and geographies. 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. Aliquid consequatur fugiat est est et voluptas. Mike Ilitch was originally going to purchase the Pistons, until he found out that they were cooking the books a bit. Probably have a box at the Staples Center, at least. Raptors have varied between 11th and 15th in both profitability in the NBA. In 2021, SVP Worldwide was acquired by Platinum Equity ( www.platinumequity.com ), a global investment firm with more than $25 billion of assets under management and a portfolio of approximately . You may unsubscribe at any time. While tough decisions can be hard to deliver, the welfare of the group requires them. The Platinum Equity portfolio consists of an industry-diverse, multi-billion-dollar group of approximately 40 operational complex businesses. We generate returns by investing in companies across a wide range of industries that need financial and operational support to unlock their full potential. Ms. Calautti holds a Bachelors degree from The College of St. Rose and a Masters Degree from Harvard University. At Platinum Equity, we invest in companies we believe in and work hard to unlock their potential. Platinum Equity Closes $2.75 Billion Private Equity Fund. 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 Investment in Hong Kong-based undergarment and swimwear company led by Platinums Singapore investment teamLOS ANGELES Acquisition will expand Solenis product offering and strengthen its ability to supply cost-effective, sustainable sol 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 Investment in Hong Kong-based undergarment and swimwear comp Acquisition will expand Solenis product offering and stre By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. CFOs to Watch: Keeping the Deals Coming. Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with approximately $36 billion of assets under management and a portfolio of approximately 50 operating companies that. All Rights Reserved. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Mr. Kelln joined Platinum Equity from Nortek, Inc, where he served as Senior Vice President and Chief Operating Officer of the $2.4 billion diversified global manufacturer of residential and commercial ventilation, HVAC and home technology convenience and security products. The M&A&O team is involved from the beginning, starting as early as the management presentation. 1 Greenwich Office Park N. Building, Floor 2 Greenwich, CT 06831 +1 203.930.2010. I'd imagine that having them on your resume would only be a good thing, especially in LA. Fund III closed with $3.75B in capital commitments. You may unsubscribe at any time. The Raptors are not. Bryan Kelln is a Partner, President of Portfolio Operations and member of Platinum Equity's Investment Committee. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. They're not a money loser but I wouldn't see them as a great investment in terms of real returns. Report this profile . Platinum Equity said it will seek additional opportunities to help the combined company grow both organically and through additional acquisitions in key product areas and geographies. Experienced capital markets team with ability to provide range of traditional and creative financing solutions. Omnis eveniet et laborum libero aut illo id. [8] For the second fund, Platinum Equity Capital Partners II, which closed in September 2008, despite uncertainty in the financial markets. seven continents. Our model gets smarter over time as more people share salaries on Glassdoor. If you think about the difference with OTPP's investment however it's how viable basketball is as an investment outside of super-major markets like NY/LA/Miami MLSE paid off big because the Leafs are the most profitable team in the NHL. In 2011, Platinum Equity became a major sponsor of the Detroit Pistons basketball team, which saw Gores as the new owner. All Rights Reserved. Join to connect Platinum Equity. I've dealt with them once they were the sponsor on my transaction. They are part of the IT Strategy team within the Information Technology Department and their management level is VP-Level. Chanced upon Tom Gores' profile while reading the forum topic on "best offices". but office is ridiculous. 2005-2022 Wall Street Oasis. "HarbisonWalker has built an impressive organization and we have deep respect for the company's legacy, culture and commitment to serving its customers. Platinum Equity specializes in mergers, acquisitions and operations . . Signing up for our Newsletter is subject to our Privacy Notice. Search job titles Find Salaries Filter How much do Platinum Equity employees make? document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. Fund I closed with $700M in capital commitments. Look for the unexpected solutions; think outside of the normal systems and you will set your path outside of the expected. Platinum Equity. He was national editor and chief political correspondent at the Atlanta Journal-Constitution, and later edited The . For the LPs, they would have to realize on the investment, so maybe eventually Tom Gores would buy out Platinum's share in 3-7 yrs? Prestige Equity Partners. London, United Kingdom . Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Nick is based out of Columbus, Ohio, United States and works in the Venture Capital and Private Equity Principals industry. PE Co-Investment Associate - Is it Back-Office? The estimated base pay is $166,426 per year. You can have a great strategy, but if you dont have the people to execute, you have nothing. 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 50 operating companies that. That said, Detroit and PoAH has very dedicated fans but population and industry in Michigan is decreasing. Magnam porro expedita sed non cum tempora. Gale, part of Cengage Group, is pleased to announce that it has received five platinum awards, one gold and an honorable mention award in LibraryWorks' ninth annual Modern Library Awards (MLAs). When typing in this field, a list of search results will appear and be automatically updated as you type. Steven B. Weiner (July/August 2008 Issue ). I thought Gores was much more prestigious than Platinum just from talking to ppl in banking/general sentiment on WSO (which i take w/a grain of salt obviously). "We are excited about the prospects in this space and look forward to putting our M&A and operational resources to work.". Mr. Chacartegui holds a MSc. London office opens. London, England, United Kingdom Vice President Platinum Equity Oct 2018 - Jan 2023 4 years 4 months. "We are pleased to provide a divestiture solution that delivers speed and certainty in a challenging M&A market," said Platinum Equity partner Louis Samson. Tom Gores distilled his vision for Platinum Equity into 16 guiding principles that inform everything we do. Report this profile . Richard Dinh works as a Vice President, Transformation (US) at Platinum Equity, which is an Investment Banking company with an estimated 300 employees; and founded in 1995. I'm glad people here actually know something about the firm. The new formula 2 features: 50% more protein-fighting enzymes to break down protein-rich foods. I've know people that worked that as well as interviewed there. Building, Floor 2Greenwich, CT 06831+1 203.930.2010, 52 Vanderbilt Avenue21st FloorNew York, NY 10017+1 212.905.0010, 5 Hanover Square1st FloorLondon W1S 1HQUnited Kingdom+44 (0) 20.3535.0899, 12 Marina View#21-05 Asia SquareTower 2Singapore 018961+65 6709 4090. This week on U.S. Money Reserve's "In Conversation," 35th Director of the U.S. Mint (1994-2000) and U.S. Money Reserve President Philip N . [11], In 2018, Newell Brands sold Jostens to Platinum Equity for $1.3 billion.[12][13]. Teams collaborate and seek to execute value, creating add-ons and/or monetizations through ownership. Kirkland & Ellis is providing legal counsel to Platinum Equity on the acquisition of HWI. Quo eligendi debitis est nihil distinctio. He is responsible for all aspects of business strategy and operations at Platinum Equity's portfolio companies, and is involved in evaluating buy and sell-side opportunities across the firm. 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. The Pistons were top 5 in profitability/value just a few years ago and could easily return to that level. Overall, just more intense than some other PE firms I've met with. ''You can fool some of the people all of the time, and those are the ones you need to concentrate on.'' Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. He also has responsibilities related to post-transition monitoring and oversight of operational performance at certain portfolio companies. Dr. Aroesty joined Platinum in 2008 and previously graduated magna cum laude from Princeton with a degree in economics. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. 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? She is a key member of the team that works with the Limited Partners. Dec 2021 - Present1 year 1 month. Platinum Equity lists partners, officers. Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with approximately $23 billion of assets under management and a portfolio of approximately 40 operating companies that. You may unsubscribe any time. We employ a highly specialized strategy called M&A&O that integrates investment expertise with deep operational capability and resources, including a large team of in-house operations professionals with hands-on experience from the boardroom to the factory floor. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. What seems impossible can be achieved when you have passion for your work. She became a Certified Public Accountant while working in the audit group of Ernst & Young LLP as a Manager. 2 Platinum Equity reviews. About SolenisSolenis is a leading global producer of specialty chemicals focused on delivering sustainable solutions for water-intensive industries, including the pulp, packaging paper and board, tissue and towel, oil and gas, petroleum refining, chemical processing, mining, biorefining, power, municipal and pool and spa markets. Tom Baxter has written about politics and the South for more than four decades. Portfolio Operations executes the plan created during diligence. This seal is crucial for financially . in business and finance from University of Deusto. Analyze the situation, make your decision, and don't hedge against failurebe committed for success. Also, lol at the guy banging his brother's wife. Website: www.platinumequity.com Headquarters: Beverly Hills, CA Size: 10000+ Employees Founded: 1995 Type: Company - Private Industry: Investment & Asset Management Revenue: $10+ billion (USD) Competitors: KKR, MacAndrews & Forbes, Global Infrastructure Management Create Comparison Platinum Equity thinks the companies it owns are just precious. You may unsubscribe any time. Prior to Jacuzzi, he was an Operating Executive with The Jordan Company, a private investment firm with more than $6.0 billion of capital under management, where he was involved in acquisitions, divestitures and operations for the firm and served as a board member of portfolio companies. Hey guys- was wondering if anyone had info on Platinum Equity partnersinterested in hours, comp, culture and prestige. , Detroit and PoAH has very dedicated fans but population and industry in Michigan is.... Very dedicated fans but population and industry in Michigan is decreasing working in the U.S., Europe and.... 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And could easily return to that level Columbus, Ohio, United States Masters degree from University. & Ellis is providing legal counsel to Platinum Equity New York, New,. Detroit Pistons basketball team, which saw Gores as the New owner unexpected solutions ; think outside of the systems! Cum laude from Princeton with a degree in economics from Harvard University and... ; think outside of the group requires them politics and the South more! Top 5 in profitability/value just a few years ago and could easily return to that level 11th and 15th both... On behalf of institutional investors around the world decision, and do n't hedge against failurebe committed success...