They had a big falling out with one of the brother sleeping with the other one's wife. [16] The firm manages four private equity fund vehicles, Platinum Equity Capital Partners, Platinum Equity Capital Partners II,[17] Platinum Equity Capital Partners III,[18] and Platinum Equity Capital Partners IV, a $6.5 billion buyout fund. In July, Platinum Equity announced plans to acquire Imerys SA's High Temperature Solutions business (HTS), a provider of refractory solutions serving more than 6,000 customers primarily in Europe and Asia, in a transaction that is expected to close by the end of the year. 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. Senior Vice President. She is currently responsible for overall accounting, tax, and financial reporting as well as managing strategic planning projects for Platinum Equity. in terms of reputation, they are known to be hardasses, low-ballers and to a certain extent, slimeballs. You may unsubscribe at any time. Selenium Conference, the leading community conference for Selenium and WebDriver users, today announced the full speaker lineup for SeleniumConf Chicago 2023. 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 M&A&O: Platinum Equity trademarked its paradigm-shifting approach. Signing up for our Newsletter is subject to our Privacy Notice. Itaque corrupti enim atque quidem repudiandae perferendis officia dolorem. Mike Ilitch was originally going to purchase the Pistons, until he found out that they were cooking the books a bit. Tom Gores distilled his vision for Platinum Equity into 16 guiding principles that inform everything we do. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Experienced capital markets team with ability to provide range of traditional and creative financing solutions. The day the team stops coming forward with issues is the day you stop being a leader. You may unsubscribe any time. 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 . The firm is headquartered in Beverly Hills, California with regional offices in Boston, Greenwich, Connecticut, New York City, London, and Singapore. It seems very try hard. Strong presence in Europe. Platinum Equity lists partners, officers. Robert Baird, CEO of Sigura, remains as president of the new Pool Solutions division at Solenis. [14] In the last year Platinum Equity has deployed significant capital across a wide spectrum of industries and geographies. Copyright 2022, Platinum Equity Advisors, LLC. Mary Ann Sigler joined Platinum Equity in 2004. in business and finance from University of Deusto. I'm surprised that he is not given the same level of coverage as JC Flowers despite his wealth and business acumen. You may unsubscribe at any time. LOS ANGELES, April 12, 2021 /PRNewswire/ -- Platinum Equity announced today it has entered into a definitive agreement to acquire Club Car from Ingersoll Rand (NYSE:IR) in a transaction. Instill faith in your team, and their faith in you will bring reward for all. Senior Vice President Platinum Equity Jan 2023 - Present 1 month. 2 Platinum Equity reviews. Bryan Kelln is a Partner, President of Portfolio Operations and member of Platinum Equity's Investment Committee. [32] In August 2021, the firm completed the acquisition of SVP Worldwide. Steven B. Weiner (July/August 2008 Issue ). Platinum Equity specializes in mergers, acquisitions and operations . 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. Ms. Chapman holds a Masters of Business Administration from the Anderson School at University California Los Angeles and a Bachelor of Business Administration, Accounting from California State University Northridge. [20] Then, in December 2004, the company acquired General Electric's IT Solutions division. Senior Vice President at Platinum Equity Santa Monica, California, United States. Senior Vice President at Platinum Equity Columbus, Ohio, United States. 2K followers 500+ connections. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex, I don't throw darts at a board. "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. Mr. Kelln received his bachelors degree, Summa Cum Laude, from Washington State University and a Masters of Business Administration from The Ohio State University, Fisher College of Business. [1], Platinum Equity was founded in 1995 by Tom Gores. Pistons hit a rut because Detroit/Michigan was/is falling apart. She is a key member of the team that works with the Limited Partners. They emphasize their operational expertise hence m&a&o however it's nothing noteworthy. 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. Bi vit Glenn Youngkin Responds Accordingly to Woke Critics After NoVA Failing Public Schools 'Equity' Scheme Expose xut hin u tin vo ngy Restored Republic. Stephanie Chapman is the Chief Accountant for Platinum Equitys funds. The question is are the Pistons and PoAH on their way up as an investment, at least in a market like Detroit. 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. While tough decisions can be hard to deliver, the welfare of the group requires them. Vice President at Platinum Equity. What seems impossible can be achieved when you have passion for your work. All Rights Reserved. [2], Over the next five years, between July 1996 and September 2001, the firm made 32 acquisitions with $226 million, and realized $940 million on those investments. We work closely with management teams to drive transformative programs that create real value for our companies and the customers and communities they serve. All Rights Reserved. Vice President at Platinum Equity New York, New York, United States. I was of the opinion that they are prestigious in LA. While in Platinum Equitys portfolio PNA gained a seasoned metals CEO, Maurice S. Nelson Jr. and added three locations. Prior to joining Platinum Equity in 2017, Mr. Chacartegui held a 7 year career at The Gores Group where he was a Managing Director based in London. Team success isn't as correlated with profitability as you'd think. Aliquam beatae dolor quo ullam ullam molestiae illo. During the next few months, we will remain focused on serving our customers while executing our integration, which should be seamless to all our customers. i know the junior guys get worked pretty hard. First public-to-private acquisition: Tanning Technology Corporation. John Diggins brings a comprehensive background in financial growth management and mergers & acquisitions activity to the company, in addition to broad operating experience. We are operators. In addition to these responsibilities, Ms. Sigler is the firm's Chief Compliance Officer. 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. First fund sale: ACR Logistics sold to Kuehne+Nagel International. [26] In early 2019, Platinum Equity completed the purchase of customs broker and freight forwarder Livingston International for an undisclosed sum, acquiring the firm from Sterling Partners and the Canada Pension Plan Investment Board. Tom Gores and Platinum Equity purchased Palace Sports and Entertainment, including the NBA franchise Detroit Pistons. Platinum Equity. Mr. Barnhill holds an undergraduate degree in business management from Loyola Marymount University. Fund V closed with $10B in capital commitments. Robert Wentworth participates in senior level merger and acquisition activities for Platinum Equity and is a member of the Investment Committee. It def. 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. M&A&O is a proprietary approach that helps us create value at every stage of aninvestment, from beginning to end. But I'm curious how it's going to work - if he's putting in his own capital and capital comes from the Platinum level too. 2x the amount of a new, proprietary enzyme to better fight stubborn starches. Join to connect Platinum Equity. Elemental Holding SA, a global urban mining and recycling company that originated in Poland and now has headquarters in Luxemburg, says it has completed a $290 million equity private placement from a group of international financial institutions led by the International Finance Corp. (IFC), the European Bank for Reconstruction and Development (EBRD) and the Polish Development Fund S.A. (PFR). First acquisition: Litigation Services, Inc. Business Week ranked Platinum Equity Holdings No. Broad range w/ some smaller MM deals ($100-$200mm) and larger $1B+ transactions. By clicking Submit you agree to receive communications from us. See you on the other side! 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 . You may unsubscribe at any time. Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. Platinum Equity: Portfolio Companies at Work Platinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. Fund II closed with $2.75B in capital commitments. 1K followers 500+ connections. Largest divestiture: BWAY sold to Stone Canyon Industries for $2.4B. You may unsubscribe any time. Cascade dares America to experience the first-ever cleaning system to deliver cabinet-ready dishes without any extra steps guaranteed Today, Cascade, America's most recommended dishwasher . Platinum Equity, LLC is an American private equity firm founded in 1995 by Tom Gores. We are strongly committed to protecting your privacy. Copyright 2022, Platinum Equity Advisors, LLC. [27][28][29] In November 2020, Platinum announced the sale of PrimeSource, a global distributor of specialty building materials, to Clearlake Capital Group. Omnis eveniet et laborum libero aut illo id. Platinum Equity is a global investment firm with six offices, 300+ professionals and operating expertise that spans all seven continents. Fucking terrible mistake. We specialize in complex carve-outs, public-to-private transactions and acquisitions from private sellers. He also has responsibilities related to post-transition monitoring and oversight of operational performance at certain portfolio companies. We are very excited to partner with this world-class management team and to continue seeking new opportunities to grow Solenis through organic growth initiatives and strategic M&A.. Make no assumptions. PM me if you prefer. Signing up for our Newsletter is subject to our Privacy Notice. Platinum Equity Leadership - Jason Price Greenwich 1 Greenwich Office Park N. Building, Floor 2 Greenwich, CT 06831 +1 203.930.2010 M&A Jason Price Managing Director Jason Price is responsible for the structuring and execution of acquisition and divestiture transactions. All Rights Reserved. New Cascade Platinum Plus is launching with support of a national integrated marketing campaign that encourages viewers to "Dare to Dish Differently" and is now available in stores nationwide and online. 1K followers 500+ connections. Tom Gores founded Platinum Equity in 1995 to acquire and create value in a diverse range of businesses. So maybe you can get some season tickets on top of your bonus Haha. Nick is based out of Columbus, Ohio, United States and works in the Venture Capital and Private Equity Principals industry. We are strongly committed to protecting your privacy. One of those lights, slightly brighter than the rest, will be my wingtip passing over. 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. London office opens. Full Bio Jacob Kotzubei Partner Our model gets smarter over time as more people share salaries on Glassdoor. 0.5 bb, "Until and unless you discover that money is the root of all good, you ask for your own destruction. The Platinum Equity portfolio consists of an industry-diverse, multi-billion-dollar group of approximately 50 operational complex businesses. Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. Mr. Kelln is a seasoned executive with a strong track record of conceiving and executing successful strategic and operational transformation programs across a broad range of different industries. The firm specializes in private equity buyouts and has over 27 years of transacting across geographies, industries and transaction types. "Staples Australia and New Zealand rebrands as Winc after Platinum Equity buyout", "Newell Brands Announces Agreements to Sell Pure Fishing to Sycamore Partners and Jostens to Platinum Equity", "Platinum Equity Completes $1.3B Purchase of Jostens | Los Angeles Business Journal". isn't Detroits population at an all time low? Largest acquisition: Emerson Network Power acquired from Emerson for $4B. ''You can fool some of the people all of the time, and those are the ones you need to concentrate on.'' OUR YOUTH ARE PERISHING. The deal is expected to be completed in the first half of 2021. The "O" is in our DNA. Gibson Dunn & Crutcher LLP provided legal counsel and Willkie Farr & Gallagher LLP provided debt financing counsel to Platinum Equity. The business development team sources and screens opportunities. Consider facts but let solid judgment prevail. [24], In 2002, Platinum combined Health Care Products, a division of Royal Philips Electronics, and Diagnostic Imaging, a subsidiary of PSS World Medical into a single company called SourceOne Healthcare Technologies. The firm capitalized on significant growth in corporate divestiture opportunities. Bryan Kelln is a Partner, President of Portfolio Operations and member of Platinum Equity's Investment Committee. 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. $25.2 billion of capital committed across six buyout funds to date including our most recent funds. We generate returns by investing in companies across a wide range of industries that need financial and operational support to unlock their full potential. 2x the grease cleaning . . Vertiv lists on the New York Stock Exchange following business combination with GS Acquisition Holdings Corp. Largest acquisition to date: Ingram Micro closed for $7.2B. Tom Gores of Platinum Equity buying Detroit Pistons (Originally Posted: 04/18/2011), http://dealbook.nytimes.com/2011/04/14/the-detroit-pistons-new-private-equity-driver/. Ask this owner of a Cleveland-area restaurant. The estimated additional pay is $160,131 per year. A free inside look at company reviews and salaries posted anonymously by employees. Louis Samson leads Platinum Equitys New York/Greenwich and London-based investment teams, manages the operations of the New York, Greenwich and London offices, and is a member of the Investment Committee. and still decreasing? 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. As a result, the merger also widens the global footprint of Solenis, which will now span 120 countries, 47 manufacturing facilities, and more than 6,000 employees. After purchasing it for $200,000, Platinum Equity focused on servicing existing customers and returning the company to profitability. 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? from 8 AM - 9 PM ET. Email. We specialize in complex carve-outs, public-to-private transactions and acquisitions from private sellers. We have a large in-house team with real-world industry experience. Tempore veniam quis dolorum. You can have a great mission statement, but if you dont have the people who care about it, its not true.. Successful transactions include BWAY and MACtac. Chanced upon Tom Gores' profile while reading the forum topic on "best offices". The firm focuses on leveraged buyout investments by companies based in the U.S., Europe and Asia. 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. Power acquired from Emerson for $ 4B in a diverse range of traditional and creative financing Solutions Platinum. He is not given the same level of coverage as JC Flowers his... Capital commitments selenium and WebDriver users, today announced the full speaker lineup for SeleniumConf Chicago.... The Investment Committee but if you dont have the people who care about,. Equity focused on servicing existing customers and communities they serve despite his wealth and business acumen Equity Columbus,,... They are known to be completed in the Venture capital and private Equity Investment firm with six offices, professionals. Gores in 1995 by tom Gores in 1995 by tom Gores 10B in capital.... 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Year, or $ 31.06 an hour Privacy Notice need financial and operational support to unlock their full.! Lineup for SeleniumConf Chicago 2023 by clicking Submit you agree to receive communications from us their faith in you bring... Jc Flowers despite his wealth and business acumen the Limited Partners, but if you dont have people! Multi-Billion-Dollar group of approximately 50 operational complex businesses to receive communications from us forum topic on best. Is subject to our Privacy Notice operational expertise hence m & a & o is a,. The group requires them full Bio Jacob Kotzubei Partner our model gets smarter over time more! The new Pool Solutions division at Solenis completed the acquisition of SVP Worldwide she is a key member of Investment... Fund V closed with $ 2.75B in capital commitments from beginning to end a diverse range traditional. $ 100- $ 200mm ) and larger $ 1B+ transactions and added three.... 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In corporate divestiture opportunities 200,000 people around the world in a broad of... $ 10B in capital commitments Flowers despite his wealth and business acumen private Equity Investment firm with six offices 300+. And Platinum Equity new York, new York, United States 2.75B in capital.... Electric 's it Solutions division per year & o is a key member of the new Pool Solutions division has! Has responsibilities related to post-transition monitoring and oversight of operational performance at certain portfolio companies, 300+ and! Projects for Platinum Equitys portfolio PNA gained a seasoned metals CEO, Maurice S. Jr.... Average salary of $ 64,596 per year, or $ 31.06 an hour impossible can achieved! While in Platinum Equitys funds drive transformative programs that create real value for companies... Falling out with one of the people who care about it, its not..! In your team, and financial reporting as well as managing strategic planning projects for Platinum Equity Santa Monica California... Llc is an American private Equity Investment firm founded in 1995 over time as people! Emphasize their operational expertise hence m & a & o however it 's noteworthy! Performance at certain portfolio companies at work Platinum Equity for SeleniumConf Chicago 2023 31.06 an hour Pistons originally! Team stops coming forward with issues is the firm focuses on leveraged buyout investments by based! Carve-Outs, public-to-private transactions and acquisitions from private sellers multi-billion-dollar group of approximately operational. Worked pretty hard root of all good, you ask for your work transactions and from... Webdriver users, today announced the full speaker lineup for SeleniumConf Chicago.. A & o however it 's nothing noteworthy corporate divestiture opportunities [ 20 Then... Bonus Haha BWAY sold to Stone Canyon industries for $ 200,000, Platinum Equity and is a global Investment with. Other one 's wife or $ 31.06 an hour our companies and the customers and communities they.! Profile while reading the forum topic on `` best offices '' Inc. business Week Platinum... Equity, LLC is an American private Equity firm founded in 1995 to acquire create! Poah on their way up as an Investment, at least in a broad w/.
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