
Platinum Equity Reputation is built on a strong foundation of success, with over $20 billion in cumulative invested capital since its inception. This impressive track record is a testament to the company's commitment to delivering value to its investors.
Platinum Equity has a unique approach to investing, focusing on middle-market companies in the United States. This strategy has allowed the company to establish a reputation as a leader in the private equity industry.
The company's expertise in identifying and acquiring underperforming companies has been a key factor in its success. Platinum Equity's team of experienced professionals has a proven ability to turn around struggling businesses and drive growth.
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Timeline
Tom Gores founded Platinum Equity Holdings with a seed capital of $200K, capitalizing on significant growth in corporate divestiture opportunities.
The firm's name was later changed to Platinum Equity, marking a pivotal moment in its development.
Ryerson became Platinum's first billion-dollar acquisition, a notable milestone in the company's history.
Platinum Equity's largest acquisition to date was Ingram Micro, which closed for a staggering $7.2B.
In 2016, Platinum executed its largest acquisition and largest divestiture to date, demonstrating the company's ability to navigate complex deals.
Emerson Network Power was acquired from Emerson for $4B, solidifying Platinum's position as a major player in the industry.
BWAY was sold to Stone Canyon Industries for $2.4B, showcasing Platinum's expertise in divestitures.
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The Solution and Impact
Acertitude's Private Equity practice has been instrumental in Platinum Equity's success, recruiting over 25 operating partners to help portfolio companies grow and unlock their potential.
Since 2008, these operating partners have included Chief Restructuring Officers, Chief Transformation Officers, Program Management Officers, M&A/Due Diligence Operating Executives, and Talent Management Executives.
Acertitude has also recruited over 100 portfolio leaders to drive growth, operational efficiencies, and transformation, including Chief Executive Officers, Chief Financial Officers, Chief Operating Officers, Chief Information Officers, and Chief Commercial Officers.
The impact of these efforts has been significant, with 15+ operating partners recruited at the fund level, a 90% completion rate, and 30+ portfolio companies directly transformed through talent.
This has led to 170+ deals and 60+ successful exits influenced through the operating partners recruited, resulting in a 34% internal rate of return.
In fact, the team recruited by Acertitude helped deliver one of the industry's and Platinum Equity's highest-performing returns ever, with a 40 leaders across 6 out of the 11 companies in Fund III.
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Company Information
Platinum Equity is a private equity firm that was founded in 1995.
The company is headquartered in Los Angeles, California, and has offices in New York City and London.
It has over 20 years of experience in investing in and operating businesses.
Platinum Equity has invested in a wide range of industries, including manufacturing, distribution, and services.
They have a strong track record of creating value for their investors through strategic acquisitions and operational improvements.
Our People
Our people are the backbone of any successful organization, and Platinum is no exception. They bring M&A&O to life across the full cycle of every investment, making it a reality.
Led by an experienced and stable senior leadership group, our team is the driving force behind Platinum's success. They are the ones who make M&A&O happen.
With a strong focus on teamwork and collaboration, our people work together seamlessly to achieve their goals. This approach allows us to deliver exceptional results and drive growth.
Lines of Business
Platinum is an alternative asset management firm that invests institutional capital from around the globe.
The firm has over 29 years of experience in transacting across geographies, industries, and transaction types.
Platinum specializes in private equity buyouts, a core part of their business.
In addition to buyouts, Platinum is active in the credit asset class, investing in private and public debt of underperforming companies primarily in North America.
Their credit investments target undermanaged, undervalued companies in North America.
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Frequently Asked Questions
How big is the Platinum Equity Fund?
Platinum has over $48 billion in assets under management (AUM) and employs a global team of more than 300 professionals.
Sources
- https://www.platinumequity.com/about-us/
- https://www.fool.com/investing/general/2015/10/17/largest-us-private-companies-platinum-equity.aspx
- https://www.acertitude.com/case-study/platinum-equity-building-in-house-operations-and-portfolio-leadership-teams-for-value-creation
- https://search.proquest.com/openview/b5a341d04925eaefd777b03bbf507fc1/1
- https://www.platinumequity.com/news/platinum-equity-completes-acquisition-of-horticultural-container-manufacturer-hc-companies/
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