Anyone have any insight about the culture with Platinum Equity?

I’ve been in discussions with them about a VP of Transformation role to work with their portfolio companies. No comp details yet

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Hear it’s a tough culture. But you get tons of portfolio company experience that would be very valuable if you wanted an operating role in the future. Going over wouldn’t have been a pay raise for me, but can’t speak for others. No carry obviously.

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What is the comp bands you are hearing for this type of role?

Thanks for the input. I know some people that have contacts there (current and former) and have reached out to them too.

With the relatively tiny size in comparison to the consulting firms, just trying to find multiple data points to triangulate an opinion and ultimately a decision

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Where did you land OP?

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They have a reputation for being a bit “greasy”...personally, I would not want to be associated with that brand

Greasy?

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I’ve also heard that they’re a tough shop to work for (although this is on the deal side). Do your own diligence; public info on buyout shops is sparse and often incorrect.

They are trying to really build out their VP trans team as they are closing lots of deals. Had a couple interviews, but honestly wasn’t clear on the career path and the position has limited upside $$ potential.

@ATK1 - ex ATK here, those are my concerns as well

Did you take the deal OP? I’ve been on one of Platinum’s portcos for a year - transformation team

How do you like it? Are you acting as a VP of Transformation or other role for their portfolio companies?

OP, did you take the VP of Transformation role? How was the package that was offered? What was the base?

Thanks OP. Just curious on why you decided not to pursue. Not the best opportunity or something to do with the PE company

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