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Shock: Private Equity Company Plans To Do Something Useful
- btilly 17y agoYes, they sometimes do this during down markets when they realize that they are likely to hold companies longer than their usual burn and flip strategy is appropriate for. That said, their goal is to establish a stable revenue stream that requires little maintenance. If they achieve that, then expect them to leverage the hell of the company, slash support, extract debt payments, then try to flip the corpse to someone else.