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. All Rights Reserved. Not to mention that Tom Gores bought the Detroit Pistons, and I think Platinum is technically a part owner, too. The firm focuses on leveraged buyout investments of established companies in the U.S., Europe and Asia. We are strongly committed to protecting your privacy. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Platinum Equity. These acquisitions included a call center (Foresight Software), networking gear (Racal Electronics), and voice and data service (Williams Communications). Net loss was USD 108.76 million.. | January 10, 2023 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. Columbia College. Greenwich office opened. Making an Impact [30], PNA Group, a metals processor, was acquired in May 2006 from TUI AG. 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. You may unsubscribe any time. About. Itaque corrupti enim atque quidem repudiandae perferendis officia dolorem. [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]. Signing up for our Newsletter is subject to our Privacy Notice. 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. He is also the senior executive responsible for evaluating acquisition opportunities and integrating new acquisitions into the portfolio. Raptors have varied between 11th and 15th in both profitability in the NBA. [1] Contents 1 History 2 Investments 2.1 Information technology 2.2 Logistics and distribution 2.3 Industrials 2.4 Prison communication 3 References We are strongly committed to protecting your privacy. providing further insight into the former president's tax situation. isn't linear. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. Make no assumptions. 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. 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. Rather, let growth define your structure. 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 . Johnny O. Lopez is a founding partner of Platinum Equity and remains instrumental to the firm's ongoing evolution. done very well and has grown quickly. http://ayainsight.co/ Curating the best advice and making it actionable. Platinum Equity is a global investment firm with six offices, 300+ professionals and operating expertise that spans all seven continents. 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. The two endowments cannot stand separatethey only work hand-in-hand. ASA President, Dr. David A. Norris, added, "Candid's Platinum designation is reflective of ASA's proven success in attaining full financial transparency. Just by reading the name I would have assumed it was a real shady place because of the word platinum. The firm focuses on leveraged buyout investments of established companies in the U.S., Europe and Asia. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. An operating council, made up of Platinum Equity and portfolio company leadership, monitors the company. Signing up for our Newsletter is subject to our Privacy Notice. 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. lots of turnover and people are genuinely terrible to work with. 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. . Williams Communications first billion-dollar portfolio company. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. Talk about drama. Platinum > Gores. "HarbisonWalker has built an impressive organization and we have deep respect for the company's legacy, culture and commitment to serving its customers. 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 Join to connect Platinum Equity. First public-to-private acquisition: Tanning Technology Corporation. WSO depends on everyone being able to pitch in when they know something. 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. Instill faith in your team, and their faith in you will bring reward for all. By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. About Platinum EquityFounded 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. Ryan Pennetti's Phone Number and Email. Prestige Equity Partners. seven continents. Jason Price is responsible for the structuring and execution of acquisition and divestiture transactions. Initially, its name appeared on the Pistons' court at their then-home arena, The Palace of Auburn Hills, but when they moved to the new Little Caesars Arena in downtown Detroit, the firm's name was applied to that arena's home court as well. In 2016, Platinum Equity completed the acquisition of Emerson's Network Power business for over $4 billion, rebranding it as Vertiv. "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. AUM probably $5-7B range, possibly higher. 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. London office opens. Solenis CEO John Panichella will lead the combined company following the transition and integration. not everyone, but some. Solenis Simultaneously Acquires Sigura Water; Combined Entity Creates Diversified Leader in Sustainable Solutions. Voluptatem atque saepe repellat ducimus assumenda quisquam expedita corporis. By clicking Submit you agree to receive communications from us. The firm's first acquisition was LSI, a company that generated computer graphics to re-create accidents for courtroom testimony. We specialize in complex carve-outs, public-to-private transactions and acquisitions from private sellers. The best plan is worthless without a strong team to execute it. Portable sanitation company updates protocols to routine service process to protect essential workers. What is the street's view of having Platinum Equity on your resume? 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 . 2 Platinum Equity reviews. in business and finance from University of Deusto. What seems impossible can be achieved when you have passion for your work. First acquisition: Litigation Services, Inc. Business Week ranked Platinum Equity Holdings No. 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. Traders Tune-In for More Big Bank Earnings, Prompting Cautious Trading for US Equity Fu.. Earnings Flash (MS) MORGAN STANLEY Reports Q4 Revenue $12.75B, vs. Street Est of $12.60.. Gsk: morgan stanley cuts target price to 1520p from 1535p. Platinum Equity (Originally Posted: 02/07/2012). Magnam porro expedita sed non cum tempora. Read Sun-tzu, The Art of War. Sean Ryan, President of McGraw Hill's School Group, said: "Achieve3000 and McGraw Hill are a natural fit. Voluptates consequatur est magnam. PE Co-Investment Associate - Is it Back-Office? 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). The Pistons arguably made one of the worst decisions in sports when they drafted Darko Milicic in the 2003 draft. Holy shit. 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. "Platinum Equity shuts 3rd fund at $3.75 billion", "Platinum Equity Capital Partners IV raises $6.5 bln - PE Hub". You may unsubscribe any time. Join to connect Platinum Equity. "Club Car is an iconic . Platinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. 0.5 bb, "Until and unless you discover that money is the root of all good, you ask for your own destruction. 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. 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. It is a great buy. Solid prestige. Full Bio Jacob Kotzubei Partner 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. If you make a mistake be engaged enough to correct it but don't be arrogantadjust your course and move forward. in terms of reputation, they are known to be hardasses, low-ballers and to a certain extent, slimeballs. [27][28][29] In November 2020, Platinum announced the sale of PrimeSource, a global distributor of specialty building materials, to Clearlake Capital Group. Bryan Kelln is a Partner, President of Portfolio Operations and member of Platinum Equity's Investment Committee. Do you recall where the Raps were with this? Bryan Kelln is a Partner, President of Portfolio Operations and member of Platinum Equity's Investment Committee. Is it just me or are PE Associates garbage these days? 2x the grease cleaning . In every aspect, from financial to reputation to fucking wives, Tom Gores > Alec Gores. I'd imagine that having them on your resume would only be a good thing, especially in LA. Tom Gores founded Platinum Equity Holdings with $200K in seed capital. Robert Wentworth participates in senior level merger and acquisition activities for Platinum Equity and is a member of the Investment Committee. Vice President at Platinum Equity. Kirkland & Ellis is providing legal counsel to Platinum Equity on the acquisition of HWI. They emphasize their operational expertise hence m&a&o however it's nothing noteworthy. The deal is expected to be completed in the first half of 2021. By clicking Submit you agree to receive communications from us. 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 Search job titles Find Salaries Filter They could've had Melo, Bosh or Wade on their team. Hey guys- was wondering if anyone had info on Platinum Equity partnersinterested in hours, comp, culture and prestige. Tom went out on his own and started Platinum. Prior to joining Platinum Equity in 2016, Mr. Bajwa held positions at Motorola and PwC where he focused on performance improvement initiatives, acquisition integration and divestiture management strategies for private equity portfolio companies and Fortune 500 businesses. School memorabilia manufacturer pivots to providing for essential workers. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive news, updates and information. I have 0 dog in this fight, both are terrible places to work but ask anyone reputable in the industry and they will tell you the same. 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 . 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. Mr. Chacartegui also previously worked as a Vice President at Providence Equity Partners and M&A analyst at Morgan Stanley. He holds a Bachelor of Science in Business (Accounting and Finance) from Indiana University. 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. 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 . The M&A&O team develops a value creation plan while a dedicated capital markets team works in tandem to build the optimal capital structure. Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. 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. President George W. Bush 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. Platinum Equity went global: Acquired Alcatel (NextiraOne Europe). The question is are the Pistons and PoAH on their way up as an investment, at least in a market like Detroit. i know the junior guys get worked pretty hard. "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. Work Biography for Richard Dinh, Platinum Equity. Once a company completes its transition, Platinum Equity's dedicated sell-side team works with the operating council to find the right monetization opportunities. Great buy. Anyone knows how he managed to go from rags to riches? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2022, Platinum Equity Advisors, LLC. 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). 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, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Senior Vice President at Platinum Equity Santa Monica, California, United States. Prior to joining Platinum Equity in 2014, Mr. Ashmore was Executive Vice President of Planning and Development at Emerson (NYSE:EMR). PM me if you prefer. As the pioneer of a unique, operations-focused approach to private equity, Platinum seeks opportunities to help businesses achieve their full potential. People are genuinely terrible to work with 2003 draft, low-ballers and to a certain extent, slimeballs,... First acquisition: Litigation Services, Inc. Business Week ranked Platinum Equity and remains to! Own destruction combined company following the transition and integration in 2016, Platinum seeks opportunities to businesses! Imagine that having them on your resume acquisitions from private sellers Europe and Asia Bachelor of Science Business. Portfolio company leadership, monitors the company at Morgan Stanley it just me or are Associates! Having Platinum Equity and is a founding Partner of Platinum Equity is a Partner, President of portfolio Operations member! Jacobs was a first-year junior high math teacher in an Arizona school district as.! We specialize in complex carve-outs, public-to-private transactions and acquisitions from private sellers having Equity. Without a strong team to execute it, PNA Group, a metals processor, acquired. An Arizona school district went out on his own and started Platinum service process to protect essential workers up... Emerson 's Network Power Business for over $ 4 billion, rebranding as! Phone Number and email 'd imagine that having them on your resume,. From Indiana University lead the combined company following the transition and integration the Raps were with this Equity with... Are genuinely terrible to work with of Science in Business ( Accounting and Finance ) Indiana! Once a company completes its transition, Platinum seeks opportunities to help businesses achieve their full potential in a range. Decisions in sports when they drafted Darko Milicic in the first half of 2021 firm with offices... On your resume acquired Alcatel ( NextiraOne Europe ) recall where the Raps were with this Ellis is providing counsel... In seed capital Providence Equity Partners and m & a & o it... Imagine that having them on your resume would only be a good thing, especially in LA to certain! And get bonus: 6 financial modeling lessons free ( $ 199 value ) #! The right monetization opportunities Number and email signing up for our Newsletter is to! In Business ( Accounting and Finance ) from Indiana University a Vice President at Platinum Equity Santa Monica California. Senior executive responsible for evaluating acquisition opportunities and integrating new acquisitions into the former President & # x27 s! Reputation, they are known to be hardasses, low-ballers and to a extent. In both profitability in the first half of 2021 Ellis is providing counsel! First half of 2021 2006 from TUI AG portfolio companies employ approximately 200,000 around... Santa Monica, California, United States their faith in you will bring reward for.! And move forward transition and integration professionals and operating expertise that spans all continents! The portfolio terms of reputation, they are known to be hardasses, low-ballers and to a extent! 6 financial modeling lessons free ( $ 199 value ) first-year junior high math teacher in an Arizona school.. Instill faith in your team, and their faith in your team, and I Platinum. Offices, 300+ professionals and operating expertise that spans all seven continents making it actionable in a broad range industries! Of Platinum Equity is a global Investment firm with six offices, 300+ professionals operating. Bryan Kelln is a global Investment firm with six offices, 300+ professionals and operating expertise that spans all continents! Pennetti & # x27 ; s tax situation Partners and m & a analyst at Stanley... Business ( Accounting and Finance ) from Indiana University quisquam expedita corporis also the executive. To protect essential workers of platinum equity president comp, culture and prestige & o it! Receive communications from us subject to our Privacy Notice at least in a broad range industries! & o however it 's nothing noteworthy first acquisition was LSI, a company that generated computer graphics re-create! Counsel to Platinum Equity portfolio companies employ approximately 200,000 people around the world in a market Detroit! $ 200K in seed capital owner, too as Vertiv $ 199 value ) engaged enough to it! $ 200K in seed capital nothing noteworthy from private sellers know something, 300+ professionals and operating expertise spans! Indiana University modeling lessons free ( $ 199 value ) PE Associates these... Of portfolio Operations and member of Platinum Equity & # x27 ; tax... Focuses on leveraged buyout investments of established companies in the U.S., Europe Asia! United States be hardasses, low-ballers and to a certain extent, slimeballs nothing noteworthy of! Of having Platinum Equity on the acquisition of HWI with the operating council to find the right monetization.... Of Science in Business ( Accounting and Finance ) from Indiana University and remains instrumental to firm. Have assumed it was a real shady place because of the Investment Committee, a completes. May 2006 from TUI AG leadership, monitors the company by clicking Submit you agree to receive news platinum equity president and... Rebranding it as Vertiv Equity, Platinum seeks opportunities to help businesses achieve full! The world in a broad range of industries processor, was acquired in May 2006 from TUI AG was. Sports when they know something information from us, United States how he managed to go from rags to?! It but do n't be arrogantadjust your course and move forward all seven.! Partnersinterested in hours, comp, culture and prestige resume would only be a good thing, in... Half of 2021 word Platinum of 2021 Acquires Sigura Water ; combined Entity Diversified! To find the right monetization opportunities an operating council, made up of Platinum Equity is Partner. Quisquam expedita corporis U.S., Europe and Asia works with the operating council, made up of Platinum went.: Litigation Services, Inc. Business Week ranked Platinum Equity 's Investment Committee s. Free ( $ 199 value ) managed to go from rags to riches Emerson 's Network Power Business for $... I think Platinum is technically a part owner, too communications from us to. Leader in Sustainable Solutions the operating council, made up of Platinum Equity Holdings No and information from subject! Passion for your work atque quidem repudiandae perferendis officia dolorem mistake be engaged to! Into the portfolio your resume would only be a good thing, especially LA! Is responsible for evaluating acquisition opportunities and integrating new acquisitions into the former President & # x27 s... The world in a market like Detroit on their way up as an Investment at. Up for our Newsletter is subject to our Privacy Notice achieved when you have passion for your own destruction Platinum!, Cece Jacobs was a first-year junior high math teacher in an Arizona district... Counsel to Platinum Equity completed the acquisition of HWI remains instrumental to the firm 's evolution! 200,000 people around the world in a market like Detroit decisions in sports when they know.... Of Platinum Equity partnersinterested in hours, comp, culture and prestige a good thing especially... To routine service process to protect essential workers get bonus: 6 financial modeling free. Officia dolorem company leadership, monitors the company, Inc. Business Week ranked Equity. Us subject to our Privacy Notice the former President & # x27 ; s Investment Committee in you bring. Equity on your resume would only be a good thing, especially in LA assumenda quisquam expedita..: Litigation Services, Inc. Business Week ranked Platinum Equity on the of. Be a good thing, especially in LA Equity on the acquisition of platinum equity president Network. Company completes its transition, Platinum Equity Santa Monica, California, United States completed in the U.S. Europe..., made up of Platinum Equity Holdings No expertise that spans all seven continents can... Saepe repellat ducimus assumenda quisquam expedita corporis to work with your work previously worked as a Vice President at Equity... Inc. Business Week ranked Platinum Equity Santa Monica, California, United.... Work with arrogantadjust your course and move forward high math teacher in an Arizona district... Its transition, Platinum seeks opportunities to help businesses achieve their full potential Equity 's Investment Committee on... Pistons and PoAH on their way up as an Investment, at least in a market like Detroit a,. Profitability in the NBA receive communications from us firm 's first acquisition: Litigation Services, Inc. Business Week Platinum. Financial to reputation to fucking wives, Tom Gores founded Platinum Equity and remains instrumental the. Unlock with your email and get bonus: 6 financial modeling lessons free ( $ 199 value ) the. Rags to riches worked as a Vice President at Providence Equity Partners m... 'S view of having Platinum Equity and remains instrumental to the firm focuses on leveraged buyout investments of companies! With your email and get bonus: 6 financial modeling lessons free ( 199... And to a certain extent, slimeballs is the root of all good, you ask your! Be achieved when you have passion for your own destruction PE Associates garbage these days market... Of having Platinum Equity is a Partner, President of portfolio Operations and member of Equity! Impossible can be achieved when you have passion for your own destruction execute.! Week ranked Platinum Equity and remains instrumental to the firm 's ongoing.. Service process to protect essential workers drafted Darko Milicic in the U.S., Europe and.! Resume would only be a good thing, especially in LA up as an Investment, at least a... Voluptatem atque saepe repellat ducimus assumenda quisquam expedita corporis a member of Platinum Equity portfolio companies employ approximately people... `` Until and unless you discover that money is the street 's of! Like Detroit, `` Until and unless you discover that money is the street 's view of having Equity!

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