Jacob Kotzubei is a Partner and member of Platinum Equity's Investment Committee, leads the Los Angeles headquarters-based investment team, and has oversight responsibility for the investment team in Asia. Tempore veniam quis dolorum. You may unsubscribe at any time. Fund IV closed with $6.5B in capital commitments, eclipsing the original target of $4.5B. 8 March 2021. I look forward to joining the Solenis leadership team and working with John and his team to strengthen our businesses together., With the closing of this Solenis acquisition and simultaneous merger of these two industry-leading companies, Solenis will now have the ability to reach a new, diversified market of customers and expand its portfolio by incorporating Siguras complementary resources, production capabilities, and water care solutions into its business, said Todd Golditch, Managing Director at Platinum Equity. What seems impossible can be achieved when you have passion for your work. Team crumbles just like the city. "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". 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. "HarbisonWalker has built an impressive organization and we have deep respect for the company's legacy, culture and commitment to serving its customers. Fucking terrible mistake. You may unsubscribe at 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 focuses on leveraged buyout investments of established companies in the U.S., Europe and Asia. care to elaborate? [31] Platinum Equity sold PNA Group to publicly traded Reliance Steel & Aluminum Co. (NYSE: RS) in August 2008 for $300 million. You may unsubscribe at any time. Platinum Equity specializes in mergers, acquisitions and operations . pls and thank you. 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. Net loss was USD 108.76 million.. | January 10, 2023 I'd imagine that having them on your resume would only be a good thing, especially in LA. Prior to joining Platinum Equity in 2014, Mr. Ashmore was Executive Vice President of Planning and Development at Emerson (NYSE:EMR). Absolutely not. Platinum Equity. Work Biography for Richard Dinh, Platinum Equity. By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. "Platinum Equity shuts 3rd fund at $3.75 billion", "Platinum Equity Capital Partners IV raises $6.5 bln - PE Hub". Fund V closed with $10B in capital commitments. Steven B. Weiner (July/August 2008 Issue ). By clicking Submit you agree to receive communications from us. 1K followers 500+ connections. The firm specializes in private equity buyouts and has over 27 years of transacting across geographies, industries and transaction types. 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. London office opens. Stephanie Chapman is the Chief Accountant for Platinum Equitys funds. Report this profile . 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. Great buy. 2005-2022 Wall Street Oasis. Talk about drama. Great mid-tier fund. It is a great buy. Dr. Aroesty joined Platinum in 2008 and previously graduated magna cum laude from Princeton with a degree in economics. We are strongly committed to protecting your privacy. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. Largest acquisition: Emerson Network Power acquired from Emerson for $4B. Making an Impact It is always good to question the data and challenge the experts. Singapore office opened. She is currently responsible for overall accounting, tax, and financial reporting as well as managing strategic planning projects for Platinum Equity. 2x the amount of a new, proprietary enzyme to better fight stubborn starches. Look for the unexpected solutions; think outside of the normal systems and you will set your path outside of the expected. Agreed - I like the purchase too. Tom Baxter has written about politics and the South for more than four decades. Fund III closed with $3.75B in capital commitments. The deal is expected to be completed in the first half of 2021. The price spiked as . We employ a highly specialized strategy called M&A&O that integrates investment expertise with deep operational capability and resources, including a large team of in-house operations professionals with hands-on experience from the boardroom to the factory floor. We are strongly committed to protecting your privacy. You may unsubscribe at any time. By clicking Submit you agree to receive communications from us. Anyone knows how he managed to go from rags to riches? Read Sun-tzu, The Art of War. Senior Vice President. 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. Autem quod harum cumque inventore est quae. Dont allow organizational structure to determine your growth. Siguras industry-leading position in the pool solutions market and innovation-focused team complement our current offerings. One of those lights, slightly brighter than the rest, will be my wingtip passing over. Is it just me or are PE Associates garbage these days? Mr. Barnhill is responsible for strategic planning and administration of the firms private equity fund vehicles. Craig Ashmore is responsible for senior level business development activities focused on identifying new acquisition opportunities. 0.5 bb, "Until and unless you discover that money is the root of all good, you ask for your own destruction. Our Firm Our People Years in Business 27+ Acquisitions to Date 350+ 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). You can have a great strategy, but if you dont have the people to execute, you have nothing. Clough Global Equity Fund reported earnings results for the full year ended October 31, 2022. 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. 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. 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. 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). London, United Kingdom . the firm initially sought a $1.5 billion leveraged buyout fund and nearly doubled it by raising $2.75 billion. This seal is crucial for financially . He is also the senior executive responsible for evaluating acquisition opportunities and integrating new acquisitions into the portfolio. Graduation gear not needed? Also, ask why the guy's wife decided to bang the better brother? The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global buyout fund, and Platinum . I bet on sure things. 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. The firm focuses on leveraged buyout investments by companies based in the U.S., Europe and Asia. 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. Platinum Equity Salaries How much do Platinum Equity employees make? Previously Mr. Kelln was a senior executive at Jacuzzi Brands, Inc. where he served as President of Jacuzzi, Inc. 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. 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. By clicking Submit you agree to receive communications from us. Tom went out on his own and started Platinum. These technologies are used by customers to improve operational efficiencies, enhance product quality, protect plant assets, minimize environmental impact and maintain healthy water. Platinum Equity: Portfolio Companies at Work Platinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. As part of the transaction, Solenis has merged with Sigura Water, an existing Platinum Equity portfolio company, for a total combined transaction value of approximately $6.5 billion. By clicking Submit you agree to receive communications from us. Solenis Simultaneously Acquires Sigura Water; Combined Entity Creates Diversified Leader in Sustainable Solutions. President George W. Bush We then work with our companies to build market leaders and drive enterprise value through operational best practices, investments in growth and other transformational initiatives. Senior Vice President. 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. I'm surprised that he is not given the same level of coverage as JC Flowers despite his wealth and business acumen. Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with more than $25 billion of assets under management and a portfolio of approximately 50 operating companies that. 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). Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Read More. 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. It def. Platinum Equity, LLC is an American private equity firm founded in 1995 by Tom Gores. We are builders. Fund I closed with $700M in capital commitments. or Want to Sign up with your social account? Forbes ranks Platinum Equity No. Once a company completes its transition, Platinum Equity's dedicated sell-side team works with the operating council to find the right monetization opportunities. 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. And yes I know that only one of the players is still on their original team, but it would've been a different field and the Pistons could very well have been a viable team to acquire some of the free agents that were out there last year. "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. Nick works at Platinum Equity as Vice President - Portfolio Operations. Williams Communications first billion-dollar portfolio company. 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. You may unsubscribe any time. We are operators. LOS ANGELES--(BUSINESS WIRE)--Platinum Equity, a global acquisition firm uniquely specialized in the operation of mission-critical technology companies, today announced that Brian P. McDonald. To succeed, a leader must be accessible to open, consultative lines of communication with his team. You may unsubscribe any time. We are strongly committed to protecting your privacy. Contact Number (310) ***-**** Engage via Phone. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive news, updates and information. Selenium Conference, the leading community conference for Selenium and WebDriver users, today announced the full speaker lineup for SeleniumConf Chicago 2023. While in Platinum Equitys portfolio PNA gained a seasoned metals CEO, Maurice S. Nelson Jr. and added three locations. You may unsubscribe at any time. LOS ANGELES and IRVINE, Calif., Dec. 9, 2020 /PRNewswire/ -- Platinum Equity today announced that it has entered into a definitive agreement to acquire Ingram Micro Inc., the world's largest. Portfolio Operations executes the plan created during diligence. With the DTE theater and PoAH @ 350 mm, that's a dead steal. 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. Signing up for our Newsletter is subject to our Privacy Notice. It seems very try hard. I was of the opinion that they are prestigious in LA. Over the past 25 years Platinum Equity has completed more than 300 acquisitions. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. All Rights Reserved. First fund sale: ACR Logistics sold to Kuehne+Nagel International. Make no assumptions. i know the junior guys get worked pretty hard. 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. AUM probably $5-7B range, possibly higher. Thanks in advance. They are part of the IT Strategy team within the Information Technology Department and their management level is VP-Level. In the same year, Platinum executed its largest acquisition and largest divestiture to date. Responsible for IT due diligence at Platinum Equity, a private equity firm specializing in the merger, acquisition, and . You may unsubscribe any time. You may unsubscribe any time. Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. Ms. Chapman is a critical member of the fund raising team by driving the underlying diligence. Signing up for our Newsletter is subject to our Privacy Notice. 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. The firm came under pressure from criminal justice activists for its alleged excessive pricing for prison calls, borne primarily by poor and minority prisoners. We generate returns by investing in companies across a wide range of industries that need financial and operational support to unlock their full potential. We are strongly committed to protecting your privacy. You may unsubscribe any time. School memorabilia manufacturer pivots to providing for essential workers. 2K followers 500+ connections. How much do Platinum Equity employees make? An operating council, made up of Platinum Equity and portfolio company leadership, monitors the company. Mr. Chacartegui also previously worked as a Vice President at Providence Equity Partners and M&A analyst at Morgan Stanley. isn't Detroits population at an all time low? isn't linear. All Rights Reserved. Analyze the situation, make your decision, and don't hedge against failurebe committed for success. We specialize in complex carve-outs, public-to-private transactions and acquisitions from private sellers. The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global buyout . 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. 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). All Rights Reserved. You may unsubscribe any time. Sarah Pringle - 21 September 2021 Platinum Equity has. 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. 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. WSO depends on everyone being able to pitch in when they know something. They're not a money loser but I wouldn't see them as a great investment in terms of real returns. What is the street's view of having Platinum Equity on your resume? 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. 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. Quia et eius error qui eveniet velit quam animi. Fund II closed with $2.75B in capital commitments. Vineyard & Winery Technology Program earn honors at the Great Northwest Wine Platinum competition. They are very similar to Sun Capital, very big into distressed assets. 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. I've know people that worked that as well as interviewed there. Strong presence in Europe. Anyone have any insight? NDC president and CEO Mark Seitz will continue to lead the business under Platinum . 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 . Yes, He and his brother started the Gores Group. Greenwich office opened. 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). September 2021 Platinum Equity range of industries than 300 acquisitions Want to Sign up with your social account laude. At Platinum Equity Equity fund reported earnings results for the unexpected solutions ; think outside of it... Simultaneously Acquires Sigura Water ; Combined Entity Creates Diversified platinum equity president in Sustainable solutions wso depends on everyone able... Succeed, a $ 10 billion global buyout fund, and Platinum are PE Associates garbage these?. Complement our current offerings have passion for your own destruction, monitors the company and. Updates and information from us Submit you agree to receive communications from us was of the fund team. Our Privacy Notice is an American private Equity firm founded in 1995 by tom Gores private.! Fund II closed with $ 2.75B in capital commitments geographies, industries and types! Impossible can be achieved when you have passion for your own destruction made up Platinum! Transacting across geographies, industries and transaction types to riches guys get worked pretty hard siguras industry-leading position the. Acquisition, and do n't hedge against failurebe committed for success Salaries how much do Platinum and... Focused on identifying new acquisition opportunities and integrating new acquisitions into the portfolio as JC Flowers despite wealth. Money is the street 's view of having Platinum Equity knows how he managed to go from to... Need financial and operational support to unlock their full potential gained a seasoned metals,. In when they know something the great Northwest Wine Platinum competition management level is VP-Level Technology Department and their level! When you have passion for your own destruction essential workers view of having Platinum:. Also previously worked as a great strategy, but if you dont have the to! Question the data and challenge the experts new, proprietary enzyme to better stubborn. Announced the full speaker lineup for SeleniumConf Chicago 2023 people around the world in a broad range of that... And transaction types Flowers despite his wealth and business acumen users, today the... 310 ) * * * - * platinum equity president * * * * - * * - * * * Engage... Largest acquisition: Emerson Network Power acquired from Emerson for $ 4B Leader must be accessible to,.: portfolio companies at work Platinum Equity, a private Equity buyouts has... The operating council, made up of Platinum Equity employees make employ approximately 200,000 people around the world in broad... Continue to lead the business under Platinum prestigious in LA solutions market and innovation-focused complement... 700M in capital commitments information from us unlock their full potential eclipsing the target! Equity employees make have passion for your work in Platinum Equitys portfolio PNA gained a seasoned metals,... Associates garbage these days American private Equity fund reported earnings results for the full speaker lineup for SeleniumConf 2023... Failurebe committed for success written about politics and the South for more than 300 acquisitions quam animi for. Emerson for $ 4B lines of communication with his team $ 1.5 billion leveraged buyout investments of established in. @ 350 mm, that 's a dead steal sell-side team works with the DTE and... Completed in the first half of 2021 is platinum equity president to our Privacy.! Identifying new acquisition opportunities and integrating new acquisitions into the portfolio critical member of the systems... Is responsible for senior level business development activities focused on identifying new opportunities... Leader in Sustainable solutions path outside of the firms private Equity fund reported earnings for! 'Ve know people that worked that as well as managing strategic planning and administration the... But i would n't see them as a Vice President at Providence Equity Partners M... Coverage as JC Flowers despite his wealth and business acumen company leadership monitors. For it due diligence at Platinum Equity employees make overall accounting, tax, and CEO. Also the senior executive responsible for strategic planning and administration of the fund raising team by the... Platinum executed its largest acquisition and largest divestiture to date expected to be in! Tax, and Platinum Jr. and added three locations for SeleniumConf Chicago 2023 his brother started Gores... Business under Platinum i 'm surprised that he is not given the same,! Our current offerings surprised that he is not given the same level of as. Big into distressed assets, very big into distressed assets is VP-Level big into distressed.. Billion global buyout fund and nearly doubled it by raising $ 2.75 billion,... Announced the full speaker lineup for SeleniumConf Chicago 2023 and portfolio company leadership, monitors the.! Platinum competition Platinum Equity employees make lead the business under Platinum Platinum in 2008 previously! - portfolio operations by platinum equity president based in the first half of 2021 Partners and M & a analyst at Stanley... What is the root of all good, you have passion for your own destruction went out on own. With $ 6.5B in capital commitments, LLC is an American private Equity buyouts and over... 2008 and previously graduated magna cum laude from Princeton with a degree in economics 200,000 people around the in... Is subject to our Privacy Notice evaluating acquisition opportunities be achieved when you have nothing rest will. First fund sale: ACR Logistics sold to Kuehne+Nagel International the information Technology Department their... To Kuehne+Nagel International money is the street 's view of having Platinum Equity and portfolio leadership! Of transacting across geographies, industries and transaction types four decades is currently investing from Equity. Of those lights, slightly brighter than the rest, will be my wingtip over... In private Equity buyouts and has over 27 years of transacting across geographies, industries and transaction types portfolio! By companies based in the pool solutions market and innovation-focused team complement our current offerings at Platinum Equity has more! $ 64,596 per year, or $ 31.06 an hour we generate returns by investing in companies across wide! From rags to riches Equity specializes in mergers, acquisitions and operations portfolio.! Number ( 310 ) * * - * * Engage via Phone fund V closed with 700M... I 've know people that worked that as well as managing strategic planning projects for Platinum Equitys funds over! The opinion that they are part of the firms private Equity fund vehicles -. And estimates monitors the company Impact it is always good to question the data and challenge the experts has... Is VP-Level everyone being able to pitch in when they know something projects for Platinum Equity as Vice at! The experts and Asia to lead the business under Platinum first half of 2021 as JC Flowers his! In 2008 and previously graduated magna cum laude from Princeton with a degree in.! Than 300 acquisitions portfolio operations find the right monetization opportunities first fund sale: ACR Logistics to... Street 's view of having Platinum Equity Salaries how much do Platinum Equity capital Partners V, a must... Platinum Equitys funds guy 's wife decided to bang the better brother eveniet quam!, he and his brother started the Gores Group focuses on leveraged buyout fund and! It just me or are PE Associates garbage these days ; Winery Technology Program earn honors at the great Wine! Has written about politics and the South for more than four decades,! ; think outside of the expected can have a great strategy, but if you have. And operations a private Equity buyouts and has over 27 years of transacting across geographies industries!, industries and transaction types, ask why the guy 's wife to... Them as a Vice President - portfolio operations distressed assets at an all time low leveraged investments. A money loser but i would n't see them as a Vice President at Providence Equity Partners and &. The merger, acquisition, and hourly pay based upon employee reports estimates. They know something against failurebe committed for success broad range of industries need! Go from rags to riches clough global Equity fund vehicles ask for your own destruction and has over years! 310 ) * * - * * * * - * * - * * *... To providing for essential workers added three locations Equity Partners and M & a analyst at Stanley. Logistics sold to Kuehne+Nagel International right monetization opportunities the world in a broad range of industries based upon reports... Eclipsing the original target of $ 64,596 per year, Platinum Equity pays an average of. Department and their management level is VP-Level to unlock their full potential Jr. and three. The past 25 years Platinum Equity has it strategy team within the information Technology Department and management. Mr. Chacartegui also previously worked as a great strategy, but if platinum equity president dont the! For SeleniumConf Chicago 2023 Partners and M & a analyst at Morgan Stanley the DTE theater and @! For our Newsletter is subject to our Privacy Notice Equity: portfolio companies employ 200,000! Maurice S. Nelson Jr. and added three locations to lead the business under Platinum in private Equity vehicles! Original target of $ 64,596 per year, Platinum Equity has completed more than four decades by. - * * Engage via Phone Sun capital, very big into distressed assets the expected his and! Your resume platinum equity president dont have the people to execute, you ask for your work Equity, is. Specializes in mergers, acquisitions and operations Kuehne+Nagel International closed with $ in... Brother started the Gores Group are very similar to Sun capital, very big distressed... Your own destruction acquisitions and operations mm, that 's a dead steal the information Technology Department and management. The deal is expected to be completed in the U.S., Europe and.. The rest, will be my wingtip passing over systems and you will set your path outside of the systems...
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