platinum equity pae stock price

Why did Platinum Equity buy PAE?

After Platinum Equity acquired PAE in 2016, it worked with the management team on a multifaceted transformation program that expanded the company’s capabilities and drove a broad range of operational improvements throughout the business. PAE emphasized both organic and acquisitive growth.

How much is a PAE stock worth?

One share of PAE stock can currently be purchased for approximately $9.99. How much money does PAE make? PAE has a market capitalization of $930.24 million and generates $2.71 billion in revenue each year. The company earns $28.75 million in net income (profit) each year or $0.53 on an earnings per share basis.

What are the recent dividend announcements of PAE Ltd?

Dividend announcements are not available. No other corporate actions details are available. PAE Ltd., incorporated in the year 1950, is a Small Cap company (having a market cap of Rs 6.10 Crore) operating in Auto Ancillaries sector. PAE Ltd. key Products/Revenue Segments include Batteries for the year ending 31-Mar-2021.

Is Platinum Equity a private company?

Platinum Equity, LLC operates as a private equity company. The Company focuses on management buy-outs, acquisitions, mergers, recapitalizations, restructuring, and other corporate operations. Platinum Equity serves clients worldwide. NO. OF EMPLOYEES

Is Pae a good stock to buy?

The consensus among Wall Street analysts is that investors should "buy" PAE stock. View analyst ratings for PAE or view top-rated stocks.

Is Platinum Equity publicly traded?

LOS ANGELES (February 15, 2022) — Platinum Equity confirmed today that following the approximately $1.9 billion sale of PAE Incorporated to an affiliate of Amentum Government Services Holdings LLC that closed this morning, the firm has fully exited its investment in the government services provider that it acquired in ...

How much is Platinum Equity worth?

Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with more than $23 billion of assets under management and a portfolio of approximately 40 operating companies that serve customers around the world.

What companies does Platinum Equity own?

Our PortfolioLeaders Romans Group. Leaders Romans Group. Acquired: 02/2022. ... Pelican Products. Pelican Products. Acquired: 12/2021. ... Solenis. Solenis. Acquired: 11/2021. ... Urbaser. Urbaser. Acquired: 10/2021. ... Oregon Tool. Oregon Tool. Acquired: 10/2021. ... Petmate. Petmate. ... Unical Aviation. Unical Aviation. ... McGraw Hill. McGraw Hill.More items...

Is Platinum Equity a good company?

Excellent investment firm Platinum is one of the best special situations investment firms in the world and has a great team and leadership. It is a stressful industry, but Platinum was a great place to work.

Who owns Platinum Equity?

Tom GoresHe become sole owner in 2015. As of March 2022, his net worth was estimated at US$6.0 billion....Tom GoresBornTewfiq Georgious July 31, 1964 Nazareth, IsraelNationalityAmericanAlma materMichigan State UniversityOccupationChairman and CEO of Platinum Equity LLC Owner of Palace Sports and Entertainment4 more rows

How many employees does Platinum Equity have?

Platinum Equity portfolio companies employ more than 100,000 people around the world in a broad range of industries. We work closely with management teams to drive transformative programs that create real value for our companies and the customers and communities they serve.

What happens to private company stock when it is acquired?

Key Takeaways. When one company acquires another, the stock price of the acquiring company tends to dip temporarily, while the stock price of the target company tends to spike. The acquiring company's share price drops because it often pays a premium for the target company, or incurs debt to finance the acquisition.

Who is the CEO of Platinum Equity?

Tom GoresTom Gores, Platinum Equity Chairman and CEO.

What happens to employees when a public company goes private?

Unfortunately, there are many possible outcomes for employees with stock options when a public company goes private: Vested stock options may be cancelled in exchange for a cash payment, generally equal to the excess (if any) of the new share price over the exercise price.

How do PE firms make money?

Private equity firms make money by charging management and performance fees from investors in a fund. Among the advantages of private equity are easy access to alternate forms of capital for entrepreneurs and company founders and less stress of quarterly performance.

Why do private equity firms go public?

A private equity firm can either list publicly as a quoted public company, or launch an investment trust. "Going public is sometimes a way for a founder to exit the company," explains Sanjay Mistry, head of European private equity research at Mercer. "It providers owners with a release of capital."

Does Platinum Equity still own Vertiv?

10, 2019 – Vertiv Holdings LLC (“Vertiv”), a Platinum Equity portfolio company, and a global provider of critical digital infrastructure and continuity solutions, today announced it will become a publicly traded company through a merger with GS Acquisition Holdings Corp (NYSE: GSAH, GSAH.

Who is the CEO of Platinum Equity?

Tom GoresTom Gores, Platinum Equity Chairman and CEO.

Who owns Pritzker private capital?

Tony PritzkerToday, Pritzker Private Capital, a world-class investment firm led by Tony Pritzker, continues that vision with a specialized team of investment and operating professionals who bring significant experience across the manufactured products and services sectors.

Who owns United Site?

Platinum EquityUnited Site Services was acquired by Platinum Equity in August 2017.

Should I buy or sell PAE stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PAE in the last year. There are currently 1 hold rating and 1 buy...

What is PAE's stock price forecast for 2022?

2 equities research analysts have issued 1-year target prices for PAE's stock. Their forecasts range from $8.00 to $8.00. On average, they anticipa...

How were PAE's earnings last quarter?

PAE Incorporated (NASDAQ:PAE) issued its quarterly earnings results on Thursday, November, 4th. The company reported $0.31 earnings per share for t...

Who are PAE's key executives?

PAE's management team includes the following people: Mr. Charles D. Peiffer , Exec. VP, CFO and Interim Pres, CEO & Director (Age 65, Pay $5.57M...

Who are some of PAE's key competitors?

Some companies that are related to PAE include Maximus (MMS) , Duolingo (DUOL) , Insperity (NSP) , Opendoor Technologies (OPEN) , Lightspeed C...

What is PAE's stock symbol?

PAE trades on the NASDAQ under the ticker symbol "PAE."

Who are PAE's major shareholders?

PAE's stock is owned by many different institutional and retail investors. Top institutional shareholders include Equitec Proprietary Markets LLC (...

Which major investors are selling PAE stock?

PAE stock was sold by a variety of institutional investors in the last quarter, including Equitec Proprietary Markets LLC.

What is PAE's stock price today?

One share of PAE stock can currently be purchased for approximately $10.05.

Who sold PAE stock?

PAE stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC.

What is the P/E ratio of PAE?

The P/E ratio of PAE is 18.74, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 13.20.

How much of PAE stock is held by insiders?

Only 1.50% of the stock of PAE is held by insiders.

What is PAE's FY 2021 earnings?

PAE issued an update on its FY 2021 earnings guidance on Thursday, September, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3.05 billion-$3.15 billion, compared to the consensus revenue estimate of $3.10 billion.

What is the rating of PAE?

PAE has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

Does PAE pay dividends?

PAE does not currently pay a dividend.

Who owns Platinum Equity?

The firm is currently investing from Platinum Equity Capital Partners V , a $10 billion global buyout fund, and Platinum Equity Small Cap Fund, a $1.5 billion buyout fund focused on investment opportunities in the lower middle market. 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. Over the past 25 years Platinum Equity has completed more than 250 acquisitions.

Where is PAE headquarters?

With a global workforce of more than 20,000 on all seven continents and in approximately 60 countries, PAE delivers a broad range of operational support services to meet the critical needs of our clients. Our headquarters is in Falls Church, Virginia. Find us online at pae.com, on Facebook, Twitter and LinkedIn.

What is the consideration payable to the stockholders of Gores Holdings III?

As previously announced, the consideration payable to the stockholders of the Company will consist of a combination of cash and shares of Gores Holdings III common stock. In addition to the $400 million of cash held in Gores Holdings III’s trust account, additional investors participated in the transaction through a $220 million private placement, led by Alec Gores, Chairman and CEO of The Gores Group. As a result of the acquisition and the private placement, funds managed by affiliates of Platinum Equity, the prior majority owners of PAE, hold an approximate 23% combined stake in the newly public company.

Where is PAE located?

Headquartered in Falls Church, Virginia, PAE operates in approximately 60 countries across all seven continents. “Through a culmination of efforts by a workforce dedicated to excellence and professionalism, PAE has reached this milestone.

Who are the PAE board members?

As of the closing of the acquisition, the PAE Board of Directors consists of Marshall Heinberg, Paul T. Bader, John P. Hendrickson, John Heller, and Louis Samson.

Is Gores Holdings III a separate entity?

Gores Holdings III and The Gores Group are separate entities with separate management, although there is overlap in size / industry of target acquisition and personnel involved. Founded in 1987 by Alec Gores, The Gores Group is a global investment firm focused on partnering with differentiated businesses that can benefit from ...

Component Grades

We have 9 different ratings for every stock to help you appreciate its future potential. You can unlock it all now.

PAE POWR Grades

PAE scores best on the Value dimension, with a Value rank ahead of 90.11% of US stocks.

PAE Stock Summary

PAE Inc's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than 99.13% of US listed stocks.

PAE Valuation Summary

In comparison to the median Industrials stock, PAE's price/sales ratio is 88.24% lower, now standing at 0.2.

PAE's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

What is PAE Ltd?

PAE Ltd., incorporated in the year 1950, is a Small Cap company (having a market cap of Rs 2.45 Crore) operating in Auto Ancillaries sector. PAE Ltd. key Products/Revenue Segments include Consultancy Income, Batteries and Other Operating Revenue for the year ending 31-Mar-2020.

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What is the ranking of a company within its sector based on?

This is the ranking of a company within its sector based on MCap or Market capitalization. Higher the market capitalization of a company, higher the rank it is assigned.

What is a stock score?

Stock Score is the Average Score from Stock Reports Plus by Refinitiv which combines quantitative analysis of widely used investment decision making tools. This score is on a 10 point scale (1 is lowest and 10 being the highest, NR indicates No-rating is available)

What is face value of stock?

Face value of a stock is the value ascribed to the stock as per the balance sheet of the company. The dividend declared by a company is usually declared as a percentage of face value. (₹) 10.00.

How much of PAE shares does Platinum Equity own?

An affiliate of Platinum Equity, which holds about 22.5% of PAE shares, has entered into an agreement to vote its shares in accordance with the PAE board's recommendation, a big step toward making sure the deal does close as planned. The only question is whether someone else will step in with a higher offer: PAE has until Nov. 29, 2021, to solicit alternative acquisition proposals and will have to pay a breakup fee should it find a better offer.

Who owns PAE?

PAE, short for Pacific Architects and Engineers, provides services for the CIA, the U.S. military, civil services, and foreign governments. The company on Monday said it has agreed to be acquired by privately held Amentum Government Services Holdings in an all-cash deal that values it at about $1.9 billion, including the assumption of debt.

Who beat out PAE for a contract?

The two companies know each other well. Amentum recently beat out PAE for a $1.3 billion contract to maintain aircraft for the U.S. Customs and Border Protection Agency.

Is PAE a premium?

On Monday morning, PAE announced it has agreed to be acquired at a 70% premium.