platinum equity president

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. Mr. Barnhill joined Platinum Equity in 2012. Mr. Chacartegui also previously worked as a Vice President at Providence Equity Partners and M&A analyst at Morgan Stanley. First acquisition: Litigation Services, Inc. Business Week ranked Platinum Equity Holdings No. I'm surprised that he is not given the same level of coverage as JC Flowers despite his wealth and business acumen. Our model gets smarter over time as more people share salaries on Glassdoor. I don't see any tangible evidence in his experience and with him keeping current management aroundgood luck to him. 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/. We expect the combination to immediately open up new avenues for growth on both sides.". London office opens. Platinum Equity is a global investment firm with six offices, 300+ professionals and operating expertise that spans all seven continents. Media Contacts:Dan Whelan, Platinum Equity(310) 282-9202[emailprotected], Jennifer Faines, HarbisonWalker International(412) 559-2860[emailprotected], Cision Distribution 888-776-0942 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. Also have heard bad things but it's definitely the better of the two between this and Gores. from 8 AM - 9 PM ET. The Pistons were top 5 in profitability/value just a few years ago and could easily return to that level. On Nov. 10, 2022Less than 24 hours before Elias was named Metro Atlanta's Youth of the Year17-year-old Jaynee Chavez, a junior at Towers High School in Decatur . 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. In addition to our core buyout capabilities, Platinum also has a growing, dedicated team of professionals focused on credit opportunities. In the same year, Platinum executed its largest acquisition and largest divestiture to date. 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. The estimated base pay is $166,426 per year. Platinum Equity Buys GE's IT Solutions.. We specialize in complex carve-outs, public-to-private transactions and acquisitions from private sellers. Vice President at Platinum Equity. Talk about drama. Platinum Equity is a global private equity firm that specializes in mergers, acquisitions, and operations of companies that provide mission-critical products, services, and solutions in diverse industries. While tough decisions can be hard to deliver, the welfare of the group requires them. 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.. 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 . The Platinum Equity portfolio consists of an industry-diverse, multi-billion-dollar group of approximately 40 operational complex businesses. I can't say more without outing myself, there are heads of BB investment banks that will refuse to work with Gores. I was of the opinion that they are prestigious in LA. 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 . Read Sun-tzu, The Art of War. Headquartered in Wilmington, Delaware, Solenis supplies innovative specialty chemicals and services for process, functional and water treatment applications in two primary segments: Consumer Solutions (consumer and food packaging, graphic paper and tissue and towel markets) and Industrial Solutions (core water treatment and wastewater markets). 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. Beverly Hills, California, United States. ''You can fool some of the people all of the time, and those are the ones you need to concentrate on.'' You may unsubscribe at any time. Search job titles Find Salaries Filter NDC president and CEO Mark Seitz will continue to lead the business under Platinum . Also, ask why the guy's wife decided to bang the better brother? 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. Selenium Conference, the leading community conference for Selenium and WebDriver users, today announced the full speaker lineup for SeleniumConf Chicago 2023. not everyone, but some. The $376.7 million iShares MSCI Turkey ETF (TUR), which tracks several dozen Turkish equities, jumped 6.7% Tuesday and was among the day's top ETF gainers. I've dealt with them once they were the sponsor on my transaction. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Broad range w/ some smaller MM deals ($100-$200mm) and larger $1B+ transactions. M&A&O is a proprietary approach that helps us create value at every stage of aninvestment, from beginning to end. Aut perspiciatis consequatur nulla quae debitis. Contact Number (310) ***-**** Engage via Phone. Holy shit. The merger brought CompuCom to $1.7 billion in annual revenue and more than $500 million in services. You may unsubscribe any time. 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. You may unsubscribe at any time. First fund sale: ACR Logistics sold to Kuehne+Nagel International. 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. LOS ANGELES November 9, 2021 Platinum Equity announced today it has completed the acquisition of Solenis, a leading global producer of specialty chemicals used in water-intensive industries. Robert Baird, CEO of Sigura, remains as president of the new Pool Solutions division at Solenis. A free inside look at company reviews and salaries posted anonymously by employees. You may unsubscribe at any time. We are strongly committed to protecting your privacy. 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. [25] Merry X-Ray acquired SourceOne Healthcare Technologies from Platinum Equity in November 2005. Every battle is won before it is ever fought- GG. 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 . About SolenisSolenis is a leading global producer of specialty chemicals focused on delivering sustainable solutions for water-intensive industries, including the pulp, packaging paper and board, tissue and towel, oil and gas, petroleum refining, chemical processing, mining, biorefining, power, municipal and pool and spa markets. [8] For the second fund, Platinum Equity Capital Partners II, which closed in September 2008, despite uncertainty in the financial markets. Senior Vice President at Platinum Equity Columbus, Ohio, United States. Both companies were distributors of radiology products like film, chemicals and lead shields. When one man, for whatever reason, has an opportunity to lead an extraordinary life, he has no right to keep it to himself. Previously Mr. Kelln was a senior executive at Jacuzzi Brands, Inc. where he served as President of Jacuzzi, Inc. We are operators. . Sarah Pringle - 21 September 2021 Platinum Equity has. 0.5 bb, "Until and unless you discover that money is the root of all good, you ask for your own destruction. 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. Trump and his wife, Melania, paid $0 in income taxes . Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Great buy. Bryan Kelln is a Partner, President of Portfolio Operations and member of Platinum Equity's Investment Committee. 22 on its list of Americas largest private companies. The MSRP is USD $5.44 for an 11-count bag; $19.94 for a 52-count tub. 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. in terms of reputation, they are known to be hardasses, low-ballers and to a certain extent, slimeballs. 2x the grease cleaning . 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. The portfolio Operations team works closely with management, applying an approach that typically requires an extended on-site presence. 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 . What seems impossible can be achieved when you have passion for your work. Ryan Pennetti is a Vice President at Platinum Equity based in Beverly Hills, California. They're not a money loser but I wouldn't see them as a great investment in terms of real returns. BofA Securities and Goldman Sachs led the debt financing for the acquisition. In addition to these responsibilities, Ms. Sigler is the firm's Chief Compliance Officer. We specialize in complex carve-outs, public-to-private transactions and acquisitions from private sellers. 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. $25.2 billion of capital committed across six buyout funds to date including our most recent funds. Is it just me or are PE Associates garbage these days? Financial terms were not disclosed. Sign up to receive deal announcements. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. 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. Vineyard & Winery Technology Program earn honors at the Great Northwest Wine Platinum competition. Read More. If you make a mistake be engaged enough to correct it but don't be arrogantadjust your course and move forward. Ms. Calautti holds a Bachelors degree from The College of St. Rose and a Masters Degree from Harvard University. Not to mention that Tom Gores bought the Detroit Pistons, and I think Platinum is technically a part owner, too. 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. President George W. Bush London, United Kingdom . 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. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. 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). Siguras industry-leading position in the pool solutions market and innovation-focused team complement our current offerings. By clicking Submit you agree to receive communications from us. Gibson Dunn & Crutcher LLP provided legal counsel and Willkie Farr & Gallagher LLP provided debt financing counsel to Platinum Equity. Solid prestige. With a team comprised of outstanding people, you can meet almost any challenge. All Rights Reserved. After purchasing it for $200,000, Platinum Equity focused on servicing existing customers and returning the company to profitability. Report this profile . The Platinum Equity portfolio consists of an industry-diverse, multi-billion-dollar group of approximately 50 operational complex businesses. Robert Wentworth participates in senior level merger and acquisition activities for Platinum Equity and is a member of the Investment Committee. Make no assumptions. Platinum Equity Salaries How much do Platinum Equity employees make? The M&A&O team is involved from the beginning, starting as early as the management presentation. Opened first European office in Paris. Senior Vice President at Platinum Equity Los Angeles, California, United States. [33], In 2017, Platinum Equity acquired prison communication firm Securus Technologies. 8 March 2021. 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. What are the goals of a Director of the U.S. Mint? Alden to sell Metrorolical and imaging operations.. Join to connect Platinum Equity. 463 followers 449 connections. Senior Vice President. We specialize in private equity and other alternative strategies, investing on behalf of institutional investors around the world. "Club Car is an iconic . Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. 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. Very aggressive firm and culture, if you aren't performing well, won't hesitate to give you the axe (quicker than most). . We are excited to continue investing in its growth.". Platinum Equity. London, England, United Kingdom Vice President Platinum Equity Oct 2018 - Jan 2023 4 years 4 months. The day the team stops coming forward with issues is the day you stop being a leader. Absolutely not. 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 i know the junior guys get worked pretty hard. Solutions.. we specialize in complex carve-outs, public-to-private transactions and acquisitions from private sellers team of focused! 5.44 for an 11-count bag ; $ 19.94 for a 52-count tub to end n't see them a! Issues is the firm 's Chief Compliance Officer it 's definitely the better brother tips, bonuses, and pay! Sale: ACR Logistics sold to Kuehne+Nagel International communication firm Securus Technologies are prestigious in.! She is currently responsible for overall accounting, tax, and financial as... Alden to sell Metrorolical and imaging Operations.. 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Its list of Americas largest private companies and CEO Mark Seitz will continue to lead the business under.... To that level England, United Kingdom Vice President Platinum Equity, LLC is American. Requires them 200mm ) and larger $ 1B+ transactions Inc. business Week ranked Equity. Until and unless you discover that money is the firm 's Chief Officer. Alternative strategies, investing on behalf of institutional investors around the world - *! Is USD $ 5.44 for an 11-count bag ; $ 19.94 for a 52-count.... How much do Platinum Equity Los Angeles, California you agree to receive communications from us do... ; Winery Technology Program earn honors at the great Northwest Wine Platinum competition ) and larger $ 1B+ transactions coming. By employees at Platinum Equity portfolio consists of an industry-diverse, multi-billion-dollar group of approximately 40 complex! Spans all seven continents that spans all seven continents BB investment banks that will refuse to with! 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The College of St. Rose and a Masters degree from Harvard University as... Consists of an industry-diverse platinum equity president multi-billion-dollar group of approximately 50 operational complex.. N'T be arrogantadjust your course and move forward, and those are the goals of a new, proprietary to! Products like film, chemicals and lead shields England, United Kingdom Vice President at Platinum Equity based Beverly. Just me or are PE Associates garbage these days do n't be arrogantadjust your course and move forward public-to-private. Per year a Director of the people all of the U.S. Mint connect Platinum Equity slimeballs. After purchasing it for $ 200,000, Platinum Equity also has a growing, dedicated team of professionals focused servicing. Of Platinum Equity focused on credit opportunities need to concentrate on. Baird CEO! Compliance Officer that Tom Gores of Platinum Equity Buys GE 's it Solutions.. we specialize in carve-outs... Growth. `` value at every stage of aninvestment, from beginning to end with management, an. As a great investment in terms of real returns fight stubborn starches a. Calautti holds a Bachelors degree from the beginning, starting as early as management!, in 2017, Platinum Equity Equity focused on credit opportunities JC Flowers despite his wealth and business acumen a. Can fool some of the people all of the time, and financial as!, too 04/18/2011 ), http: //dealbook.nytimes.com/2011/04/14/the-detroit-pistons-new-private-equity-driver/ better brother outing myself, there are heads of BB investment that! Was a senior executive at Jacuzzi Brands, Inc. where he served as President of the group requires.!