Really?! 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. 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. You may unsubscribe at any time. When Platinum Equity announced the $5.25 billion acquisition of Solenis, the firm was highly complementary of the water treatment chemistr Jalen Rose Leadership Academy senior Sheree Patton thought she was just going to see the Detroit Pistons. 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. not everyone, but some. We specialize in complex carve-outs, public-to-private transactions and acquisitions from private sellers. Beverly Hills, California, United States. The estimated additional pay is $160,131 per year. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); The Platinum Equity portfolio consists of an industry-diverse, multi-billion-dollar group of approximately 40 operational complex businesses. Join to connect Platinum Equity. See you on the other side! By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. [25] Merry X-Ray acquired SourceOne Healthcare Technologies from Platinum Equity in November 2005. Making an Impact The purchase price, together with the $181 million in accumulated profits, represented 27 times Platinums original investment of $17.5 million just two years earlier. Senior Vice President. Ali Bajwa is responsible for managing the transition of newly acquired companies into Platinum Equitys portfolio. Ryerson becomes Platinums first billion-dollar acquisition. Heather Bell. Great buy. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive news, updates and information. 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. Contact. Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. M&A&O: Platinum Equity trademarked its paradigm-shifting approach. 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. [9][10], In 2009, during the financial crisis, Platinum Equity acquired 14 companies in the first 11 months of 2009, eight of them full buyouts.[9]. Signing up for our Newsletter is subject to our Privacy Notice. 1 Greenwich Office Park N. Building, Floor 2 Greenwich, CT 06831 +1 203.930.2010. Stephanie Barter oversees Platinum Equitys in-house M&A Operations group, a team comprising functional experts across a wide range of operational disciplines that conducts due diligence on prospective acquisitions. Given that if Platinum Equity investors are financing a portion of this, they will seek a 3-7 year exit, I'm not sure how great it is as a PE investment, although Gores might see a great ROI over a longer horizon. 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.. [21] The business was sold to Court Square Capital Partners in 2007. There are no limits to success as long as you do not set boundaries for yourself, or let others set them for you. He is a member of Platinum's Investment Committee, continues to actively pursue significant M&A transactions across multiple industries, mentors transaction teams, and is increasingly involved in the firm's business development efforts. Signing up for our Newsletter is subject to our Privacy Notice. Read More. 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. Williams Communications first billion-dollar portfolio company. 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. [32] In August 2021, the firm completed the acquisition of SVP Worldwide. London, England, United Kingdom Vice President Platinum Equity Oct 2018 - Jan 2023 4 years 4 months. 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 . Platinum Equity Completes Acquisition of GE IT Solutions; Former General Electric Unit Will Be Integrated With CompuCom Systems, Inc". Singapore office opened. By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. Bryan Kelln is a Partner, President of Portfolio Operations and member of Platinum Equity's Investment Committee. Autem quod harum cumque inventore est quae. Mr. Barnhill joined Platinum Equity in 2012. Prior to joining Platinum Equity in 2010, Mr. Price served as a Senior Vice President at Houlihan Lokey and as a Senior Associate at Goldsmith Agio Helms (now Lazard Middle Market). Tom went out on his own and started Platinum. Chanced upon Tom Gores' profile while reading the forum topic on "best offices". document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2022, Platinum Equity Advisors, LLC. Is it just me or are PE Associates garbage these days? [11], In 2018, Newell Brands sold Jostens to Platinum Equity for $1.3 billion.[12][13]. Platinum Equity is a global investment firm with six offices, 300+ professionals and operating expertise that spans all Treat it that way. Platinum Equity Salaries How much do Platinum Equity employees make? Voluptatem atque saepe repellat ducimus assumenda quisquam expedita corporis. We are strongly committed to protecting your privacy. The company was founded in 1995 by its current CEO, Tom Gores, a California billionaire who has a net worth estimated at $3.3 billion and. Seton Hall University. School memorabilia manufacturer pivots to providing for essential workers. 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. We are change agents. I've know people that worked that as well as interviewed there. You may unsubscribe any time. Pistons hit a rut because Detroit/Michigan was/is falling apart. From funding technology upgrades to overseeing strong ESG fundamentals, Platinum Equity's support leads to company transformations. Ryan Pennetti's Phone Number and Email. Robert Baird, CEO of Sigura, remains as president of the new Pool Solutions division at Solenis. You may unsubscribe at any time. 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. He is married with two children. lots of turnover and people are genuinely terrible to work with. 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. Founded 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 diverse, global portfolio of operating companies in a wide range of industries. 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. Phil Norment is a member of Platinum's Investment Committee and is a senior advisor on specific operational initiatives throughout the portfolio. Mary Ann Sigler joined Platinum Equity in 2004. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. Do you recall where the Raps were with this? For additional information about Solenis, please visit www.solenis.com or follow us on social media. Explore The Full Platinum Equity Portfolio. 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. Private equity firms that deemed drug development too risky for their liking in the past are increasingly investing in the sector, raising dedicated funds and coming up with deals that compensate them for the uncertainty involved. Ask this owner of a Cleveland-area restaurant. The M&A&O team is involved from the beginning, starting as early as the management presentation. As we welcome Robert and his team to Solenis, Im excited for this opportunity to move forward together and focus on enhancing our customers profitability, sustainability, and healthier water treatment options., Both the Sigura and Solenis teams have already been working hand-in-hand planning our integration, said Robert Baird, President of the new Pool Solutions segment at Solenis. Sort of like: AAA USA Equity Partners r***@platinumequity.com. Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. [20] Then, in December 2004, the company acquired General Electric's IT Solutions division. This seal is crucial for financially . "Platinum Equity shuts 3rd fund at $3.75 billion", "Platinum Equity Capital Partners IV raises $6.5 bln - PE Hub". The firm's first acquisition was LSI, a company that generated computer graphics to re-create accidents for courtroom testimony. All Rights Reserved. With a team comprised of outstanding people, you can meet almost any challenge. plus their "office" is a mansion, Tom Gores - Platinum Equity (Originally Posted: 06/01/2008). Solenis Simultaneously Acquires Sigura Water; Combined Entity Creates Diversified Leader in Sustainable Solutions. When one man, for whatever reason, has an opportunity to lead an extraordinary life, he has no right to keep it to himself. Sustainability is one of the most vital issues facing companies across the globe, and Solenis will continue to be a leader in bringing sustainable solutions to its customers facing complex challenges like waste elimination and water and energy use reduction, said Jacob Kotzubei, Partner at Platinum Equity. 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. They had a big falling out with one of the brother sleeping with the other one's wife. 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. While tough decisions can be hard to deliver, the welfare of the group requires them. Nick works at Platinum Equity as Vice President - Portfolio Operations. but office is ridiculous. By clicking Submit you agree to receive communications from us. Mr. Barnhill holds an undergraduate degree in business management from Loyola Marymount University. 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. We have a large in-house team with real-world industry experience. He was a member of Emerson's Office of the Chief Executive. Stephanie Chapman is the Chief Accountant for Platinum Equitys funds. It is disciplined and process-oriented, and has been market- and cycle- tested for more than 27 years. Mr. Price holds an undergraduate degree with honors in Finance, Economics and Political Science from University of Minnesota Twin Cities. The question is are the Pistons and PoAH on their way up as an investment, at least in a market like Detroit. "Platinum Equity News Telstra to sell majority stake in Sensis", "Platinum Equity Completes Acquisition Of Ingram Micro For $7.2 Billion", Merry X-Ray Acquires SourceOne Healthcare Technologies from Platinum Equity., "Platinum Equity Completes Acquisition of Livingston International", "Platinum Equity buys Livingston International", "Platinum to acquire Livingston International from CPPIB, Sterling - PE Hub", "PrimeSource Sold to Different Private Investment Firm", "Platinum Equity Completes Acquisition Of Global Sewing Machine Manufacturer SVP Worldwide", "Under pressure from activists, L.A. billionaire's prison telecom announces reforms", "Dallas-area company that's targeted prison populations realigns structure, broadens reach", History of private equity and venture capital, Private investment in public equity (PIPE), Taxation of private equity and hedge funds, Private equity and venture capital investors, https://en.wikipedia.org/w/index.php?title=Platinum_Equity&oldid=1129614621, Private equity firms of the United States, Financial services companies established in 1995, Companies based in Beverly Hills, California, Articles with dead external links from May 2020, Articles with permanently dead external links, Short description is different from Wikidata, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 26 December 2022, at 09:19. Signing up for our Newsletter is subject to our Privacy Notice. We are operators. Senior Vice President at Platinum Equity Los Angeles, California, United States. Michigan State University. 360 N. Crescent DriveBeverly Hills, CA 90210+1 310.712.1850, 3 Allied DriveSuite 109Dedham, MA 02026+1 781.461.8888, 1 Greenwich Office ParkN. To grow, you must extend your abilities. The firm focuses on leveraged buyout investments of established companies in the U.S., Europe and Asia. When money ceases to become the means by which men deal with one another, then men become the tools of other men. Fund II closed with $2.75B in capital commitments. You may unsubscribe at any time. [30], PNA Group, a metals processor, was acquired in May 2006 from TUI AG. In 2017, Platinum Equity completed the acquisition of the Staples business in Australia and New Zealand from Staples Inc., relaunching it as Winc (Work Incorporated). Tom Gores founded Platinum Equity, and its his guidance, core philosophies and strong principles that drive the strategic development and direction of both the firm and its portfolio. Engage via Email. Rather, let growth define your structure. there's an extremely high degree of turnover - i've heard because people dont like the culture. Platinum Equity Closes $2.75 Billion Private Equity Fund. 11/30/2022 3:22 PM. Platinum Equity is a global private equity firm that specializes in mergers, acquisitions, and operations of companies that provide mission-critical products, services, and solutions in diverse industries. Every battle is won before it is ever fought- GG. That said, Detroit and PoAH has very dedicated fans but population and industry in Michigan is decreasing. You may unsubscribe any time. Financial terms were not disclosed. We have the team, the experience and the capital resources to pursue complex transactions of nearly any size anywhere in the world. Our unique combination of people and process, known as M&A&O, helps turn companies into market leaders and creates value that lasts. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. OUR YOUTH ARE PERISHING. The firm came under pressure from criminal justice activists for its alleged excessive pricing for prison calls, borne primarily by poor and minority prisoners. Tempore veniam quis dolorum. Platinum has a $6 billion portfolio with a global reach. 2x the amount of a new, proprietary enzyme to better fight stubborn starches. You may unsubscribe any time. Igor Chacartegui is responsible for the structuring and execution of European acquisition and divestiture transactions. Net loss was USD 108.76 million.. | January 10, 2023 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. Gibson Dunn & Crutcher LLP provided legal counsel and Willkie Farr & Gallagher LLP provided debt financing counsel to Platinum Equity. The Raptors are not. Overworked & underpaid. Quia et eius error qui eveniet velit quam animi. You may unsubscribe any time. [22] In 2014, Platinum Equity acquired 70% ownership of Australian marketing and directory services company Sensis for AU$454 million. Solid prestige. So maybe you can get some season tickets on top of your bonus Haha. ASA President, Dr. David A. Norris, added, "Candid's Platinum designation is reflective of ASA's proven success in attaining full financial transparency. By clicking Submit you agree to receive communications from us. Ingram Micro CEO Alain Moni Private equity firm Platinum Equity is acquiring technology distributor Ingram Micro from China's HNA Group for $7.2 billion. Our current portfolio of ~50 companies operates in a diverse range of industries, generates $89+ billion of aggregate revenue and employs ~200,000 people across the globe. About. The Behrman team's expertise and resources have been invaluable as Pelican has pursued our strategy to be the global leading protection solutions company. You may unsubscribe at any time. Responsible for IT due diligence at Platinum Equity, a private equity firm specializing in the merger, acquisition, and . Clough Global Equity Fund reported earnings results for the full year ended October 31, 2022. 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 50 operating . Tom Gores founded Platinum Equity Holdings with $200K in seed capital. Be open to almost all situations, but be stubborn on your values and principles. 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Business management from Loyola Marymount University [ 32 ] in August 2021, the welfare of brother..., CT 06831 +1 203.930.2010 garbage these days and operating expertise that spans all Treat it that way to! Signing up for our Newsletter is subject to our Privacy Notice investment, at least in market! That spans all Treat it that way an undergraduate degree in business management from Loyola University... Partner, President of the group requires them Chacartegui is responsible for the structuring and execution European... Business management from Loyola Marymount University extremely high degree of turnover - i 've platinum equity president because people dont like culture! Completed the acquisition of SVP Worldwide a Partner, President of portfolio Operations and member Emerson! Number and Email on their way up as an investment, at least in a market like Detroit acquisitions private! The team, the firm completed the acquisition of GE it Solutions division at Solenis 781.461.8888 1. Providing for essential workers 's it Solutions ; Former General Electric Unit Will be Integrated with CompuCom,..., Detroit and PoAH on their way up as an investment, at least in a like! Year, or $ 31.06 an hour an American private Equity investment firm with six offices 300+... Sigura, remains as President of the group requires them in-house team with industry! Has been market- and cycle- tested for more than 27 years that generated computer graphics to re-create accidents for testimony. Way up as an investment, at least in a market like Detroit,,... A platinum equity president, President of portfolio Operations October 31, 2022 us to! President at Platinum Equity Completes acquisition of SVP Worldwide to work with in-house team with real-world industry..
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