Quote:
Originally Posted by LWJ
I have had so many clients sell to PE. It seems almost universal that they can take a profitable company and run it into the ground asap. Just weird. Not a fan.
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They milk as much out of it as possible by loading it with debt then flip it to some sucker.
As an aside two of the few companies that cater to LBCs were sold to PE within months of each other and then the other of that triumvirate lost everything in a fire - that had some unusual circumstances associated with it.
Waiting for the fallout there to show in pricing. PE isn’t doing it for the benefit of the customers…