> SOP for PE's is to come in, cut costs, and improve the bottom line without affecting revenue or service. This is fundamentally untrue. Large CAP ($1B+ valuat

> SOP for PE's is to come in, cut costs, and improve the bottom line without affecting revenue or service. This is fundamentally untrue. Large CAP ($1B+ valuations) is notorious for this, but there's about 5k PE deals per year and those deals are the exception, not the norm, in terms of shear volume. They're great for headlines though! (hello Toys 'R Us) Most of them are about adding value through various means, one of those might be cutting unnecessary costs.