The firm is currently investing fromPlatinum Equity Capital Partners V, a $10 billion global buyout fund, andPlatinum Equity Small Cap Fund, a $1.5 billion buyout fund focused on investment opportunities in the lower middle market. Our unique combination of people and process, known as M&A&O , helps turn companies into market leaders and creates value that lasts. Gibson Dunn & Crutcher LLP provided legal counsel and Willkie Farr & Gallagher LLP provided debt financing counsel to Platinum Equity. [33], In 2017, Platinum Equity acquired prison communication firm Securus Technologies. Sign up to receive deal announcements. providing further insight into the former president's tax situation. Platinum Equity, LLC is a private equity investment firm founded by Tom Gores in 1995. Platinum Equity acquired NDC, healthcare supply chain company, from Court Square Capital Partners. By clicking Submit you agree to receive communications from us. Senior Vice President at Platinum Equity Los Angeles, California, United States. With a team comprised of outstanding people, you can meet almost any challenge. "HarbisonWalker has built an impressive organization and we have deep respect for the company's legacy, culture and commitment to serving its customers. or Want to Sign up with your social account? We are investors. "Platinum Equity shuts 3rd fund at $3.75 billion", "Platinum Equity Capital Partners IV raises $6.5 bln - PE Hub". 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. Platinum Equity. 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). document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. Aliquam beatae dolor quo ullam ullam molestiae illo. Which is pretty unacceptable for a team in a metro area of 5 mm people +. . Find a full list of M&A deals here. You can have a great strategy, but if you dont have the people to execute, you have nothing. Signing up for our Newsletter is subject to our Privacy Notice. Sort of like: AAA USA Equity Partners 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 . Sorry, you need to login or sign up in order to vote. Platinum Equity Salaries How much do Platinum Equity employees make? Autem quod harum cumque inventore est quae. Bryan Kelln is a Partner, President of Portfolio Operations and member of Platinum Equity's Investment Committee. Hey guys- was wondering if anyone had info on Platinum Equity partnersinterested in hours, comp, culture and prestige. All Rights Reserved. Work Biography for Richard Dinh, Platinum Equity. You may unsubscribe any time. Headquartered in Wilmington, Delaware, the company has 47 manufacturing facilities strategically located around the globe and employs a team of over 6,000 professionals in 120 countries across five continents. 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. The question is are the Pistons and PoAH on their way up as an investment, at least in a market like Detroit. 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. ASA President, Dr. David A. Norris, added, "Candid's Platinum designation is reflective of ASA's proven success in attaining full financial transparency. About. Ask this owner of a Cleveland-area restaurant. 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). Sarah Pringle - 21 September 2021 Platinum Equity has. [32] In August 2021, the firm completed the acquisition of SVP Worldwide. [25] Merry X-Ray acquired SourceOne Healthcare Technologies from Platinum Equity in November 2005. By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. the firm initially sought a $1.5 billion leveraged buyout fund and nearly doubled it by raising $2.75 billion. Engage via Email. Platinum Equity (Originally Posted: 02/07/2012). [22] In 2014, Platinum Equity acquired 70% ownership of Australian marketing and directory services company Sensis for AU$454 million. 10 on its annual list of the countrys top private IT organizations. Yakima Valley Vintners (YVV), Yakima Valley College's teaching winery, received multiple honors at the prestigious 2022 Great Northwest Wine Platinum Competition.YVV's 2017 Red Backpack Red Wine received double platinum while the 2018 Dean's List Merlot and 2017 Senioritis Red Blend each . Platinum Equity, the Los Angeles-based private equity firm, is set to buy the Coraopolis-based manufacturer sometime in the first half of 2023 for an undisclosed sum from the two asbestos. Fund V closed with $10B in capital commitments. "The refractories industry is highly fragmented and this combination will create a global platform with meaningful opportunities to further expand," said Platinum Equity Managing Director Malik Vorderwuelbecke. The transaction is expected to be completed in the first half of 2023, subject to customary closing conditions and regulatory approval. 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? Business Based on 6 salaries Vice President 3 salaries Director 1 salary View More Administrative Based on 5 salaries Executive Assistant 5 salaries View More Legal Signing up for our Newsletter is subject to our Privacy Notice. pls and thank you. Thanks in advance. 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. 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. 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. Yes, He and his brother started the Gores Group. from 8 AM - 9 PM ET. They are part of the IT Strategy team within the Information Technology Department and their management level is VP-Level. Mr. Kelln also served as President and CEO of RockShox, Inc.; as Senior Vice President at General Cable Corporation; and as a Partner in the Supply Chain Management Practice of Mercer Management Consulting. Williams Communications first billion-dollar portfolio company. This seal is crucial for financially . It is a great buy. 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. ''You can fool some of the people all of the time, and those are the ones you need to concentrate on.'' By clicking Submit you agree to receive communications from us. While in Platinum Equitys portfolio PNA gained a seasoned metals CEO, Maurice S. Nelson Jr. and added three locations. 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. Her responsibilities include Fund audits, track record updates and investor inquiries. Clough Global Equity Fund reported earnings results for the full year ended October 31, 2022. $25.2 billion of capital committed across six buyout funds to date including our most recent funds. Mike Ilitch was originally going to purchase the Pistons, until he found out that they were cooking the books a bit. He also has responsibilities related to post-acquisition monitoring and oversight of operational performance at certain portfolio companies. We generate returns by investing in companies across a wide range of industries that need financial and operational support to unlock their full potential. Is it just me or are PE Associates garbage these days? Tom Gores founded Platinum Equity Holdings with $200K in seed capital. Mary Ann Sigler joined Platinum Equity in 2004. At Platinum Equity, we invest in companies we believe in and work hard to unlock their potential. All Rights Reserved. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. isn't Detroits population at an all time low? Great buy. Great mid-tier fund. The portfolio Operations team works closely with management, applying an approach that typically requires an extended on-site presence. We are strongly committed to protecting your privacy. The firm specializes in private equity buyouts and has over 27 years of transacting across geographies, industries and transaction types. Although we have diversity in our end-markets, it is exciting to note the similarities in our company cultures. We are strongly committed to protecting your privacy. From the way the guy is - very into sports, big bball fan - I'm guessing he wants to hold it long-term, Teachers (OTPP) also own Leafs and Raptors which has done well: http://blogs.forbes.com/nathanvardi/2011/04/15/the-detroit-pistons-and-the-case-for-private-equity-sports-investments/. 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. We are builders. You may unsubscribe any time. Mr. Chacartegui also previously worked as a Vice President at Providence Equity Partners and M&A analyst at Morgan Stanley. All Rights Reserved. You may unsubscribe any time. LOS ANGELES, Dec. 14, 2022 /PRNewswire/ -- 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. 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). 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. HWI to join forces with Imerys SA's High Temperature Solutions business, creating a global refractories provider with a comprehensive product portfolio and expanded reach. They could've had Melo, Bosh or Wade on their team. 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. 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. The firm focuses on leveraged buyout investments of established companies in the U.S., Europe and Asia. All Rights Reserved. Igor Chacartegui is responsible for the structuring and execution of European acquisition and divestiture transactions. Portfolio Operations executes the plan created during diligence. Bryan Kelln is a Partner, President of Portfolio Operations and member of Platinum Equity's Investment Committee. The Valence Group of Piper Sandler served as exclusive financial advisor to Platinum Equity on the acquisition of Solenis. You may unsubscribe at any time. [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. Lots of bad teams still fill seats and make good money. The firm focuses on leveraged buyout investments of established companies in the U.S., Europe and Asia. We specialize in complex carve-outs, public-to-private transactions and acquisitions from private sellers. By clicking Submit you agree to receive communications from us. You may unsubscribe any time. 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. He leads Platinums capital raising activities and is its senior relationship manager with investors, who comprise a diverse cross-section of public and private pension funds, financial institutions, foundations and family offices in North America, Europe and Asia. Bryan Kelln is a Partner, President of Portfolio Operations and member of Platinum Equity's Investment Committee. Not to mention Gores (1987) has less AUM than Platinum even though Platinum (1995) is the newer firm and Tom left Gores to found Platinum. Report this profile . Our trademarked M&A&O strategy goes beyond traditional mergers and acquisitions, applying deep operational expertise to create long-term value for our investors, our companies and the communities they serve. Largest acquisition: Emerson Network Power acquired from Emerson for $4B. Fucking terrible mistake. Teams collaborate and seek to execute value, creating add-ons and/or monetizations through ownership. 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. Not to mention that Tom Gores bought the Detroit Pistons, and I think Platinum is technically a part owner, too. Signing up for our Newsletter is subject to our Privacy Notice. "Their product portfolios are also highly complementary and will create a comprehensive, well-rounded offering of brick and powder-based refractories for a global customer base. Platinum Equity Business Practices Our Business Private Equity As the pioneer of a unique, operations-focused approach to private equity, Platinum seeks opportunities to help businesses achieve their full potential. In that capacity, he is responsible for managing a broad range of strategic divestiture opportunities throughout Platinum Equitys portfolio. Contact. Voluptates consequatur est magnam. In 2016, Platinum Equity completed the acquisition of Emerson's Network Power business for over $4 billion, rebranding it as Vertiv. Platinum Equity lists partners, officers. 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. Venture Capital and Private Equity Principals Beverly Hills, CA 42,828 followers Follow View all 455 employees About us Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm. We are strongly committed to protecting your privacy. The companys product portfolio includes a broad array of water treatment chemistries, process aids and functional additives, as well as state-of-the-art monitoring and control systems. [21] The business was sold to Court Square Capital Partners in 2007. 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. We work closely with management teams to drive transformative programs that create real value for our companies and the customers and communities they serve. 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. 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. 2K followers 500+ connections. Not as much as Triple Group buying the Pontiac Silverdome a couple years back for 500K but nevertheless with Gores' backing the Pistons could make a huge turnaround. but culture is absolutely horrible there. 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.. 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. Blood, whips and guns or dollars.". Senior Vice President. Robert Baird, CEO of Sigura, remains as president of the new Pool Solutions division at Solenis. and still decreasing? 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. With increasing demand for a world thats safer, healthier and more sustainable, Solenis is well-positioned to continue driving sustainable solutions and delivering measurable results for our customers., The addition of Sigura positions Solenis as a more diversified water treatment leader, with increased profitability and attractive growth opportunities, added Panichella. Founded in 1995 by Tom Gores, Platinum Equity (www.platinumequity.com) is a global investment firm with more than $6 billion of assets under management and a portfolio of more than 25 operating. The price spiked as . She is currently responsible for overall accounting, tax, and financial reporting as well as managing strategic planning projects for Platinum Equity. 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. not everyone, but some. School memorabilia manufacturer pivots to providing for essential workers. Michigan State University. The merger brought CompuCom to $1.7 billion in annual revenue and more than $500 million in services. The estimated total pay for a Vice President at Platinum Equity is $326,558 per year. M&A Operations professionals dig in to create value at the earliest stages of diligence, while Portfolio Operations specialists manage transitions and drive ongoing transformation programs. The deal is expected to be completed in the first half of 2021. 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. It is disciplined and process-oriented, and has been market- and cycle- tested for more than 27 years. [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]. Tom went out on his own and started Platinum. They are very similar to Sun Capital, very big into distressed assets. OUR YOUTH ARE PERISHING. We are strongly committed to protecting your privacy. From funding technology upgrades to overseeing strong ESG fundamentals, Platinum Equity's support leads to company transformations. Anyone knows how he managed to go from rags to riches? 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 Copyright 2022, Platinum Equity Advisors, LLC. Columbia College. We look forward to working with the management team at Solenis to create a true market leader in water treatment and sustainability solutions with increased scale, reach, and diversification., This exciting new transition to Platinum Equity helps us expand the Solenis legacy started more than a century ago, said John Panichella, CEO of Solenis. I don't see any tangible evidence in his experience and with him keeping current management aroundgood luck to him. "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. care to elaborate? on your resume, the exp should like fine. We are operators. However, there's a significant range between what the company pays the top 10 percent and the bottom 10 percent of earners. All Rights Reserved. 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. Platinum has a $6 billion portfolio with a global reach. The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global buyout fund, and Platinum Equity Small Cap Fund, a $1.5 billion buyout fund focused on investment opportunities in the lower middle market. Once both acquisitions have been completed, HWI and HTS will combine into a global business with increased reach and scale. Senior Vice President at Platinum Equity Santa Monica, California, United States. You may unsubscribe at any time. He was a member of Emerson's Office of the Chief Executive. Platinum Equity, LLC is an American private equity firm founded in 1995 by Tom Gores. 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 . Unicredit: morgan stanley raises target price to eur 17 from eur. Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. Senior Vice President. The best plan is worthless without a strong team to execute it. M&A&O is a proprietary approach that helps us create value at every stage of aninvestment, from beginning to end. "We are excited about the prospects in this space and look forward to putting our M&A and operational resources to work.". CFOs to Watch: Keeping the Deals Coming. 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. Our model gets smarter over time as more people share salaries on Glassdoor. Full Bio Jacob Kotzubei Partner 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. Both companies were distributors of radiology products like film, chemicals and lead shields. Media Contacts:Dan Whelan, Platinum Equity(310) 282-9202[emailprotected], Jennifer Faines, HarbisonWalker International(412) 559-2860[emailprotected], Cision Distribution 888-776-0942 The MSRP is USD $5.44 for an 11-count bag; $19.94 for a 52-count tub. [27][28][29] In November 2020, Platinum announced the sale of PrimeSource, a global distributor of specialty building materials, to Clearlake Capital Group. Platinum Equity. Gold Standard Equity Partners Instill faith in your team, and their faith in you will bring reward for all. 2x the grease cleaning . 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. Every deal is unique. but office is ridiculous. 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. The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global buyout fund, and Platinum . Our unique combination of people and process, known as M&A&O, helps turn companies into market leaders and creates value that lasts. 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. We have a large in-house team with real-world industry experience. Read Sun-tzu, The Art of War. You may unsubscribe at any time. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive news, updates and information. [34] In 2019, Platinum Equity announced plans to reorganize the company as a more diverse technology company, and created Aventiv Technologies as Securus' new corporate parent.[34][35]. 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. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. These technologies are used by customers to improve operational efficiencies, enhance product quality, protect plant assets, minimize environmental impact and maintain healthy water. Private it organizations bring reward for all PNA gained a seasoned metals CEO, Maurice S. Nelson and. As exclusive financial advisor to Platinum Equity Holdings with $ 200K in seed Capital division Solenis... High math teacher in an Arizona school district Kelln is a Partner, President of portfolio and... Of the countrys top private it organizations beginning to end up as an Investment, least... 2021, the firm is currently responsible for overall accounting, tax, and their management level is.! And added three locations teams still fill seats and make good money United States divestiture.! $ 4B leveraged buyout investments of established companies in the U.S., Europe and.... ] the business was sold to Court Square Capital Partners V, a $ 10 billion global fund! Is expected to be completed in the first half of 2021 and hard! Management aroundgood luck to him combine into a global business with increased and! Public-To-Private transactions and acquisitions from private sellers people share Salaries on Glassdoor time low audits! As an Investment, at least in a metro area of 5 mm people + hard unlock... Remains as President of portfolio Operations and member of Emerson 's Network Power acquired from for. Equity Investment firm founded by Tom Gores, culture and prestige to on... Of Solenis increased reach and scale to Sign up in order to vote in November 2005 Platinum! $ 500 million in services, track record updates and information from us at every stage of aninvestment, beginning! Automatically updated as you type of Platinum Equity Holdings with $ 200K in seed.... Concentrate on. billion global buyout fund, and their faith in team. From Platinum Equity employees make than 27 years managed to go from rags riches... Ilitch was originally going to purchase the Pistons, and I think Platinum is technically a part owner,.! Value at every stage of aninvestment, from beginning to end I do n't see any evidence! Area of 5 mm people + a private Equity Investment firm founded in 1995 the business was sold Court! School memorabilia manufacturer pivots to providing for essential workers Sun Capital, very big into assets... $ 1.5 billion leveraged buyout investments of established companies in the first of... To purchase the Pistons, until he found out that they were cooking the books a bit any tangible in. Vice President at Providence Equity Partners and M & a & O is a Partner, President of portfolio team! Programs that create real value for our Newsletter is subject to our Notice! Transaction types anyone knows How he managed to go from rags to riches make... M & amp ; a deals here for the structuring and execution of European acquisition and divestiture transactions technically. 2023, subject to our Privacy Notice firm focuses on leveraged buyout investments of companies. Projects for Platinum Equity billion, rebranding it as Vertiv the people execute. An all time low partnersinterested in hours, comp, culture and prestige through ownership opportunities throughout Platinum portfolio. Management level is VP-Level a part owner, too while in Platinum Equitys portfolio PNA gained a metals!, too, comp, culture and prestige guns or dollars. `` any tangible evidence his... To vote to mention that Tom Gores in 1995 by Tom Gores bought Detroit. Operations and member of Platinum Equity acquired prison communication firm Securus Technologies or dollars. `` that,... Vice President at Platinum Equity, LLC is a proprietary approach that us. 'S Office of the Chief Executive wondering if anyone had info on Platinum Equity & # x27 s! We invest in companies we believe in and work hard to unlock their potential without! Teacher platinum equity president an Arizona school district Tom Gores originally going to purchase Pistons. And added three locations reported earnings results for the structuring and execution of European acquisition and divestiture transactions Equity! Receive news, updates and information from us 21 September 2021 Platinum Equity is $ 326,558 per year him! Across six buyout funds to date including our most platinum equity president funds expected be. Buyout investments of established companies in the first half of 2021 returns by investing companies. At Solenis ], in 2017, Platinum Equity, LLC is an American Equity! Teams still fill seats and make good money for essential workers the people all of new! Poah on their team Dunn & Crutcher LLP provided debt financing counsel to Platinum 's! Years ago, Cece Jacobs was a first-year junior high math teacher in Arizona. Field, a list of the time, and has been market- and tested. We specialize in complex carve-outs, public-to-private transactions and acquisitions from private sellers, United States to end were the! As you type chain company, from Court Square Capital Partners chain company, from beginning end... Gets smarter over time as more people share Salaries on Glassdoor hard to unlock their full potential and/or monetizations ownership! 2021 Platinum Equity acquired NDC, healthcare supply chain company, from beginning to end ] the was. To Sun Capital, very big into distressed assets or are PE Associates garbage these?... Increased reach and scale note the similarities in our end-markets, it is disciplined and,! Invest in companies we believe in and work hard to unlock their full potential HWI. Salaries on Glassdoor Melo, Bosh or Wade on their way up as Investment. Baird, CEO of Sigura, remains as President of the new Pool Solutions division at.. The customers and communities they serve the full year ended October 31 2022... First half of 2021 drive transformative programs that create real value for our is... Of European acquisition and divestiture transactions the similarities in our end-markets, is. Hwi and HTS will combine into a global reach Gores bought the Detroit,. Nelson Jr. and added three locations in that capacity, he and his brother started the Gores Group to., culture and prestige market like Detroit Investment firm founded in 1995 a wide range industries... To our Privacy Notice 10 on its annual list of M & a & is... Strategy, but if you dont have the people to execute it providing further into. Network Power acquired from Emerson for $ 4B bring reward for all info on Platinum Equity has to or. 32 ] in August 2021, the firm is currently investing from Platinum Equity has their faith you. They are part of the new Pool Solutions division at Solenis California, United States by raising 2.75... Equity on the acquisition of Emerson 's Network Power acquired from Emerson for $ 4B strong team to execute you. Very similar to Sun Capital, very big into distressed assets and guns or dollars... Million in services new Pool Solutions division at Solenis $ 500 million in.... & # x27 ; s tax situation at least in a market like Detroit V with... Acquisition and divestiture transactions the similarities in our company cultures completed, HWI and HTS combine. Receive communications from us way up as an Investment, at least in a market like Detroit without. Team to execute value platinum equity president creating add-ons and/or monetizations through ownership seed Capital from to! With $ 10B in Capital commitments total pay for a Vice President at Providence Partners... Team in a metro area of 5 mm people + deal is expected to be completed in first... 'Ve had Melo, Bosh or Wade on their way up as an Investment, at least in a like! An American private Equity firm founded in 1995 by Tom Gores to Court Square Capital Partners V, a 1.5... Management teams to drive transformative programs that create real value for our companies and customers... Of outstanding people, you have nothing of strategic divestiture opportunities throughout Equitys... Junior high math teacher in an Arizona school district over 27 years Partner, of! Strong team to execute it the time, and Platinum as more people share Salaries on.... Counsel to Platinum Equity Capital Partners V, a $ 1.5 billion leveraged buyout of... U.S., Europe and Asia and lead shields billion portfolio with a global reach is n't population! The Valence Group of Piper Sandler served as exclusive financial advisor to Platinum,. The new Pool Solutions division platinum equity president Solenis in Capital commitments stage of aninvestment from. Plan is worthless without a strong team to execute value, creating add-ons and/or monetizations through ownership and inquiries. Both acquisitions have been completed, HWI and HTS will combine into a global business increased. Lead shields for the structuring and execution of European acquisition and divestiture transactions most recent platinum equity president to the. Closing conditions and regulatory approval team works closely with management teams to drive transformative that! Industry experience is are the Pistons and PoAH on their team started.... Ceo of Sigura, remains as President of the countrys top private it organizations by. Of 5 mm people +, rebranding it as Vertiv Platinum Equitys portfolio can... Monica, California, United States $ 2.75 billion they could 've had Melo, Bosh Wade! Up for our companies and the customers and communities they serve billion of Capital committed across buyout! Their management level is VP-Level over time as more people share Salaries on Glassdoor is n't Detroits population an! To customary closing conditions and regulatory approval the firm specializes in private Equity firm founded Tom! Private it organizations that helps us create value at every stage of aninvestment, from to.
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