The challenge
Platinum Equity is a global private equity firm. The firm has earned its reputation through its specialization in mergers, acquisitions, and operations, with its large in-house operations team aggressively managing the firm’s portfolio by implementing custom playbooks at every operating company, and with its M&A team actively pursuing transactions.
Along the way to growing its assets under management to more than $19 billion, Platinum Equity concurrently needed to maintain and sharpen its most powerful competitive edge - its trademarked M&A&O™ strategy. So, here was our challenge: deepen the firm's operational resources.
The solution
Since 2008, Acertitude's Private Equity practice has recruited more than 25 operating partners to help Platinum Equity's expanding list of portfolio companies grow and unlock their potential with speed and certainty. These include:
- Chief Restructuring Officers
- Chief Transformation Officers
- Program Management Officers
- M&A/Due Diligence Operating Executives
- Talent Management Executives
Acertitude has also recruited over 100 portfolio leaders to drive growth, operational efficiencies, and transformation with the goal of creating long-term, sustainable value for Platinum Equity's portfolio companies. Among them:
- Chief Executive Officers
- Chief Financial Officers
- Chief Operating Officers
- Chief Information Officers
- Chief Commercial Officers
The impact
Strong partnership
15+
years long-standing partnership between Platinum Equity & Acertitude
25+
operating partners recruited at fund-level
200+
portfolio leaders recruited across portfolio
Effective delivery
86
days avg. time to completion; fastest search in 28 days
90%
completion rate
Rapid cycle time is very important to me and our firm. They get that — and deliver in half the time.Bryan Kelln, President, Portfolio Operations
Value creation
30+
portfolio companies directly transformed through talent
170+
deals and 60+ successful exits influenced through OPs recruited
34%
internal rate of return; delivered the team (40 leaders across 6 out of the 11 companies in Fund III) that helped deliver one of the industry’s and Platinum Equity’s highest-performing returns ever
We are impatient, demanding, and expect the best talent. Acertitude delivers on all fronts!Bryan Kelln, President, Portfolio Operations