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. Dont allow organizational structure to determine your growth. You may unsubscribe at any time. We work closely with management teams to drive transformative programs that create real value for our companies and the customers and communities they serve. Vice President at Platinum Equity. Associate Director, Deal Advisory KPMG Aug 2008 - Sep 2018 10 years 2 months. The firm is currently investing fromPlatinum Equity Capital Partners V, a $10 billion global buyout fund, andPlatinum Equity Small Cap Fund, a $1.5 billion buyout fund focused on investment opportunities in the lower middle market. The estimated additional pay is $160,131 per year. $25.2 billion of capital committed across six buyout funds to date including our most recent funds. All Rights Reserved. Retail prices are at the sole discretion of the retailer. Nothing special nothing bad to say. 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. The firm's first acquisition was LSI, a company that generated computer graphics to re-create accidents for courtroom testimony. Richard Dinh works as a Vice President, Transformation (US) at Platinum Equity, which is an Investment Banking company with an estimated 300 employees; and founded in 1995. All Rights Reserved. All Rights Reserved. Copyright 2022, Platinum Equity Advisors, LLC. Our model gets smarter over time as more people share salaries on Glassdoor. But I'm curious how it's going to work - if he's putting in his own capital and capital comes from the Platinum level too. At the time of acquisition, PNA included three companies. School memorabilia manufacturer pivots to providing for essential workers. Tom is also worth a lot more than Alec. Prior to joining Platinum Equity in 2005, Ms. Chapman was a Vice President in the International Private Equity Group of Trust Company of the West (TCW) in Los Angeles where she traveled extensively representing TCWs interest with their joint venture partners. 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. 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. 22 on its list of Americas largest private companies. 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). Fund III closed with $3.75B in capital commitments. 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. You may unsubscribe at any time. in terms of reputation, they are known to be hardasses, low-ballers and to a certain extent, slimeballs. We specialize in complex carve-outs, public-to-private transactions and acquisitions from private sellers. [26] In early 2019, Platinum Equity completed the purchase of customs broker and freight forwarder Livingston International for an undisclosed sum, acquiring the firm from Sterling Partners and the Canada Pension Plan Investment Board. Aliquid consequatur fugiat est est et voluptas. I've know people that worked that as well as interviewed there. By clicking Submit you agree to receive communications from us. and still decreasing? Senior Vice President at Platinum Equity Santa Monica, California, United States. In addition to our core buyout capabilities, Platinum is active in the credit asset class, investing in the private and public debt of underperforming, undermanaged, undervalued companies, primarily in North America. HWI to join forces with Imerys SAs High Temperature Solutions business, creating a global refractories provider with Acquisition expands McGraw Hills position as a leading provider of trusted medical learning resources to students and LOS ANGELES, CA (November 30, 2022) Deluxe, the global provider of cloud-based localization and distribution solutio Investment in Hong Kong-based undergarment and swimwear company led by Platinums Singapore investment teamLOS ANGELES Acquisition will expand Solenis product offering and strengthen its ability to supply cost-effective, sustainable sol HWI to join forces with Imerys SAs High Temperature Solut Acquisition expands McGraw Hills position as a leading pr LOS ANGELES, CA (November 30, 2022) Deluxe, the global p Investment in Hong Kong-based undergarment and swimwear comp Acquisition will expand Solenis product offering and stre Copyright 2022, Platinum Equity Advisors, LLC. Led by an experienced and stable senior leadership group, Platinum's people bring M&A&O to life across the full cycle of every investment. Opened first European office in Paris. The combined company generates approximately $3.5 billion of revenue and serves a diverse range of customers around the world in consumer, industrial, and pool water treatment markets. The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global buyout . [14] In the last year Platinum Equity has deployed significant capital across a wide spectrum of industries and geographies. 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 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. We are strongly committed to protecting your privacy. 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. Platinum Equity portfolio companies employ approximately 200,000 people around the world in a broad range of industries. Mr. Kelln also served as President and CEO of RockShox, Inc.; as Senior Vice President at General Cable Corporation; and as a Partner in the Supply Chain Management Practice of Mercer Management Consulting. Sean Ryan, President of McGraw Hill's School Group, said: "Achieve3000 and McGraw Hill are a natural fit. Bryan Kelln is a Partner, President of Portfolio Operations and member of Platinum Equity's Investment Committee. Since 1995, Platinum Equity has made over 200 acquisitions across a broad array of industries, including information technology, telecommunications, logistics and distribution, industrials, manufacturing, media, real estate, prison communications and automotive. 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. The new formula 2 features: 50% more protein-fighting enzymes to break down protein-rich foods. 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. He is married with two children. Report this profile . 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. With the DTE theater and PoAH @ 350 mm, that's a dead steal. That said, Detroit and PoAH has very dedicated fans but population and industry in Michigan is decreasing. He was national editor and chief political correspondent at the Atlanta Journal-Constitution, and later edited The . We are strongly committed to protecting your privacy. Agreed - I like the purchase too. We work closely with management teams to drive transformative programs that create real value for our companies and the customers and communities they serve. 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. Yakima Valley Vintners (YVV), Yakima Valley College's teaching winery, received multiple honors at the prestigious 2022 Great Northwest Wine Platinum Competition.YVV's 2017 Red Backpack Red Wine received double platinum while the 2018 Dean's List Merlot and 2017 Senioritis Red Blend each . As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. You may unsubscribe any time. She is currently responsible for overall accounting, tax, and financial reporting as well as managing strategic planning projects for Platinum Equity. About. 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. I bet on sure things. 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. Report this profile . After purchasing it for $200,000, Platinum Equity focused on servicing existing customers and returning the company to profitability. Sign up to receive deal announcements. Together, they had $1.3 billion in revenue, making SourceOne dominant in the very fragmented $11.5 billion marketplace in which it competed. plus their "office" is a mansion, Tom Gores - Platinum Equity (Originally Posted: 06/01/2008). By clicking Submit you agree to receive communications from us. 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). Tom went out on his own and started Platinum. He is also the senior executive responsible for evaluating acquisition opportunities and integrating new acquisitions into the portfolio. Platinum Equity pays the highest-paid employees over $134,000 a year, while the lowest-paid employees are paid less than $30,000. Graduation gear not needed? The deal is expected to be completed in the first half of 2021. "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. When one man, for whatever reason, has an opportunity to lead an extraordinary life, he has no right to keep it to himself. 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. 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. Largest acquisition: Emerson Network Power acquired from Emerson for $4B. 2 Platinum Equity reviews. [8] For the second fund, Platinum Equity Capital Partners II, which closed in September 2008, despite uncertainty in the financial markets. 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. 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. 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. All Rights Reserved. It is always good to question the data and challenge the experts. 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. Tom Gores distilled his vision for Platinum Equity into 16 guiding principles that inform everything we do. We believe our commitment to the O sets us apart from other firms and helps us build strong, healthy companies and create meaningful long-term value. 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. We are strongly committed to protecting your privacy. [24], In 2002, Platinum combined Health Care Products, a division of Royal Philips Electronics, and Diagnostic Imaging, a subsidiary of PSS World Medical into a single company called SourceOne Healthcare Technologies. Report this profile . Dec 2021 - Present1 year 1 month. Leading saw chain manufacturer offers support for those who need a helping hand after Mother Natures devastation, Science Based Target goals part of companys commitment to reducing greenhouse gas emissions, Specialty chemicals producer teams up with U.S.-based food packaging manufacturer to provide an alternative to PFAS, Fitbit, Noom agreements are examples of companys continuing commitment to digital technology, Orbit executive Stuart Eyring describes companys growth since Platinums 2019 acquisition, Company executive: Platinum investment boosts Elevates efforts to remain at the forefront of innovation in the denim world, President Paul Bay tells CRN in Q&A that Platinum Equity fully committed to Ingram Micros goals, objectives, Chief strategy officer Anna Lee seeks to Showcase the companys ability to help content distributors reach all audiences, Under Platinum Equity founders stewardship, the Detroit Pistons are one of the few NBA teams led by Black men in top two roles, Canadian manufacturer helps bottled water company achieve whatever goal we want to achieve, Yearbook Plus is going to give students a chance to tell their own story in this historic year, Company cites unprecedented speed to market in developing tech for needed contact tracing, B-hyve smart controller tech gets high marks for quality at an affordable price, Want to know how Valpak helps small business? Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. We are strongly committed to protecting your privacy. Look for the unexpected solutions; think outside of the normal systems and you will set your path outside of the expected. Work Biography for Richard Dinh, Platinum Equity. Our unique combination of people and process, known as M&A&O, helps turn companies into market leaders and creates value that lasts. While in Platinum Equitys portfolio PNA gained a seasoned metals CEO, Maurice S. Nelson Jr. and added three locations. Once a company completes its transition, Platinum Equity's dedicated sell-side team works with the operating council to find the right monetization opportunities. Consider facts but let solid judgment prevail. She became a Certified Public Accountant while working in the audit group of Ernst & Young LLP as a Manager. Fucking terrible mistake. Previously Mr. Kelln was a senior executive at Jacuzzi Brands, Inc. where he served as President of Jacuzzi, Inc. Overall, just more intense than some other PE firms I've met with. Vineyard & Winery Technology Program earn honors at the Great Northwest Wine Platinum competition. For additional information about Solenis, please visit www.solenis.com or follow us on social media. Tempore veniam quis dolorum. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Sign up to receive deal announcements. Signing up for our Newsletter is subject to our Privacy Notice. Comp is solid, VP out of Boston makes over $1mm all-in (not sure of the breakdown). in business and finance from University of Deusto. What are the goals of a Director of the U.S. Mint? Copyright 2022, Platinum Equity Advisors, LLC. Instill faith in your team, and their faith in you will bring reward for all. "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". All Rights Reserved. I can't say more without outing myself, there are heads of BB investment banks that will refuse to work with Gores. 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/. 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. In Platinum Equitys portfolio PNA gained a seasoned metals CEO, Maurice Nelson. 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Americas largest private companies Accountant while working in the first half of 2021 editor and political!
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