[22] In 2014, Platinum Equity acquired 70% ownership of Australian marketing and directory services company Sensis for AU$454 million. Bryan Kelln is a Partner, President of Portfolio Operations and member of Platinum Equity's Investment Committee. You may unsubscribe any time. Platinum Equity pays an average salary of $64,596 per year, or $31.06 an hour. He then graduated from the Keck School of Medicine at the University of Southern California and went on to become a practicing head and neck surgeon prior to joining Platinum. 2005-2022 Wall Street Oasis. Graduation gear not needed? In 2011, Platinum Equity became a major sponsor of the Detroit Pistons basketball team, which saw Gores as the new owner. The transaction is expected to be completed in the first half of 2023, subject to customary closing conditions and regulatory approval. Copyright 2022, Platinum Equity Advisors, LLC. LOS ANGELES, April 12, 2021 /PRNewswire/ -- Platinum Equity announced today it has entered into a definitive agreement to acquire Club Car from Ingersoll Rand (NYSE:IR) in a transaction. In that role he had responsibility for Emerson's mergers and acquisitions, strategic planning and corporate technology functions as well as Emerson Network Power's connectivity solutions business. Tom Gores of Platinum Equity buying Detroit Pistons (Originally Posted: 04/18/2011), http://dealbook.nytimes.com/2011/04/14/the-detroit-pistons-new-private-equity-driver/. Phil Gyori, President and CEO of Pelican Products, said: "We are very grateful to Behrman Capital for their support and partnership since their initial investment in 2004. He works closely with the firm's Operations Team as well as portfolio company executive management to drive strategic initiatives and to deploy operational resources. We work closely with management teams to drive transformative programs that create real value for our companies and the customers and communities they serve. "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. 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 . I know with MLSE the big money maker is the Leafs (regardless of how terrible they are, there is no shortage of fans willing to pay for its expensive seats - and if not them, corporations that buy them for clients and etc.). Platinum Equity | 37,158 followers on LinkedIn. 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. Forbes ranks Platinum Equity No. 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. Our unique combination of people and process, known as M&A&O, helps turn companies into market leaders and creates value that lasts. [27][28][29] In November 2020, Platinum announced the sale of PrimeSource, a global distributor of specialty building materials, to Clearlake Capital Group. Which is pretty unacceptable for a team in a metro area of 5 mm people +. 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. COVID-19 response illustrates one way the company is driving business transformation and industry reform to make products more accountable Portable sanitation company teams up with King County (Wash.) to protect those unable to adhere to social distancing guidelines, Company joins industry-wide effort that combines resources and expertise to increase production of personal protective equipment, Scottish companys assistance critical in the production of protective visors for healthcare workers. Platinum Equity Salaries How much do Platinum Equity employees make? Mike Ilitch was originally going to purchase the Pistons, until he found out that they were cooking the books a bit. Louis Samson leads Platinum Equitys New York/Greenwich and London-based investment teams, manages the operations of the New York, Greenwich and London offices, and is a member of the Investment Committee. Johnny O. Lopez is a founding partner of Platinum Equity and remains instrumental to the firm's ongoing evolution. 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. isn't linear. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). BofA Securities and Goldman Sachs led the debt financing for the acquisition. 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. With this merger, Solenis is expanding its portfolio to include the residential and commercial pool water and spa treatment markets of Sigura. London, England, United Kingdom Vice President Platinum Equity Oct 2018 - Jan 2023 4 years 4 months. Broad range w/ some smaller MM deals ($100-$200mm) and larger $1B+ transactions. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. Vice President at Platinum Equity New York, New York, United States. M&A&O: Platinum Equity trademarked its paradigm-shifting approach. Portfolio Operations executes the plan created during diligence. 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. Mary Ann Sigler joined Platinum Equity in 2004. We work closely with management teams to drive transformative programs that create real value for our companies and the customers and communities they serve. One of those lights, slightly brighter than the rest, will be my wingtip passing over. All Rights Reserved. Great mid-tier fund. The best strategies are those that evolve from good and thorough executionalong the way let the process of learning and development shape the implementation. 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. 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. Fucking terrible mistake. "Platinum Equity shuts 3rd fund at $3.75 billion", "Platinum Equity Capital Partners IV raises $6.5 bln - PE Hub". The estimated base pay is $166,426 per year. Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. Holy shit. Our current portfolio of ~50 companies operates in a diverse range of industries, generates $89+ billion of aggregate revenue and employs ~200,000 people across the globe. 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 . Rather, let growth define your structure. 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. The purchase price, together with the $181 million in accumulated profits, represented 27 times Platinums original investment of $17.5 million just two years earlier. Gold Standard Equity Partners 463 followers 449 connections. So maybe you can get some season tickets on top of your bonus Haha. Dont allow organizational structure to determine your growth. When typing in this field, a list of search results will appear and be automatically updated as you type. Really?! Treat it that way. Bryan Kelln is a Partner, President of Portfolio Operations and member of Platinum Equity's Investment Committee. 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. The Pistons were top 5 in profitability/value just a few years ago and could easily return to that level. Every deal is unique. Platinum Equity is a global investment firm with six offices, 300+ professionals and operating expertise that spans all Signing up for our Newsletter is subject to our Privacy Notice. You may unsubscribe at any time. This seal is crucial for financially . The Platinum Equity portfolio consists of an industry-diverse, multi-billion-dollar group of approximately 40 operational complex businesses. She is currently responsible for overall accounting, tax, and financial reporting as well as managing strategic planning projects for Platinum Equity. Platinum Equity, LLC is a private equity investment firm founded by Tom Gores in 1995. All Rights Reserved. Senior Vice President at Platinum Equity Columbus, Ohio, United States. On this Wikipedia the language links are at the top of the page across from the article title. Michigan State University. Report this profile . Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. I bet on sure things. plus their "office" is a mansion, Tom Gores - Platinum Equity (Originally Posted: 06/01/2008). 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. Last Update. The "O" is in our DNA. Nick works at Platinum Equity as Vice President - Portfolio Operations. I can't say more without outing myself, there are heads of BB investment banks that will refuse to work with Gores. 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 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Join to connect Platinum Equity. AUM probably $5-7B range, possibly higher. It seems very try hard. 1K followers 500+ connections. Anyone have any insight? 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. What seems impossible can be achieved when you have passion for your work. Mr. Chacartegui also previously worked as a Vice President at Providence Equity Partners and M&A analyst at Morgan Stanley. Gibson Dunn & Crutcher LLP provided legal counsel and Willkie Farr & Gallagher LLP provided debt financing counsel to Platinum Equity. To succeed, a leader must be accessible to open, consultative lines of communication with his team. 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 serve customers around the world. We generate returns by investing in companies across a wide range of industries that need financial and operational support to unlock their full potential. Platinum Equity. Read More. We specialize in private equity and other alternative strategies, investing on behalf of institutional investors around the world. Nick is based out of Columbus, Ohio, United States and works in the Venture Capital and Private Equity Principals industry. I've know people that worked that as well as interviewed there. 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. Robert Wentworth participates in senior level merger and acquisition activities for Platinum Equity and is a member of the Investment Committee. but still, they've done very well and a job there would be great on a resume. 1K followers 500+ connections. Tom went out on his own and started Platinum. See you on the other side! Her responsibilities include Fund audits, track record updates and investor inquiries. 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. but office is ridiculous. Team crumbles just like the city. Agreed - I like the purchase too. Beverly Hills, California, United States. The firm's first acquisition was LSI, a company that generated computer graphics to re-create accidents for courtroom testimony. 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 > Gores. President George W. Bush But I was under the impression that Raptors aren't too shabby in terms of filling seats for games (obviously no where near Leafs level) - the games are typically fairly filled, and similarly companies do have tickets to their games too. You mentioned Pistons have a good profit per value ratio. Tom Gores founded Platinum Equity in 1995 to acquire and create value in a diverse range of businesses. 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. ''You can fool some of the people all of the time, and those are the ones you need to concentrate on.'' document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2022, Platinum Equity Advisors, LLC. 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. Commitment, risk, success, and failure are intertwinedlack of commitment only increases your risk for failure, and equally the ability to commit wholeheartedly has much to do with the ability to succeed. r***@platinumequity.com. 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. Bob Wymbs leads Platinum Equitys dedicated, in-house sell-side team. All Rights Reserved. Search job titles Find Salaries Filter Since the Los Angeles-based global private equity firm took PCI private in April 2019, its annual revenue has grown by more than 40%. The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global buyout fund, and Platinum . By clicking Submit you agree to receive news, updates and information from us subject to our Privacy Notice. Absolutely not. Strong presence in Europe. PM me if you prefer. Sustainability is one of the most vital issues facing companies across the globe, and Solenis will continue to be a leader in bringing sustainable solutions to its customers facing complex challenges like waste elimination and water and energy use reduction, said Jacob Kotzubei, Partner at Platinum Equity. For our companies and the customers and communities they serve leads Platinum Equitys dedicated in-house! Would be great on a resume the rest, will be my wingtip passing over,. 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