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Since it is a private equity firm, what makes you think they are interested in doing anything other than gutting the business?
by shostack 11y ago
Since it is a private equity firm, what makes you think they are interested in doing anything other than gutting the business?
- L_Rahman 11y agoI work at a PE-owned company (over 20 years in PE ownership now) and the strategy is to seek growth, not to cut costs by shedding headcount. Caveats: 1. This is anecdotal evidence, and many PE firms actually do buy companies with the intention of firing people. 2. I don't know whether this is the most common activity or just generates the most press/attention. I would be pretty interested in a statistic that looks at PE company acquisitions and compares company headcount at entry and exit.