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Not specific, but I have some friends who are involved in highly successful private equity firms. I was talking to one of them about the work and he was saying
by mindwok 4y ago
Not specific, but I have some friends who are involved in highly successful private equity firms. I was talking to one of them about the work and he was saying that one of the primary strategies large firms use is buying existing large companies and firing all the middle management, because that’s the fastest way to create value after the acquisition.
- balaji1 4y agoThis seems to be in the vein of PE acquiring companies and cutting cost to extract value - just a sensible more strategy of firing middle management haha. But this reminded me of a podcast episode with some PE guys. The PE was able to enhance an acquisition by issuing ESOPs to all employees and educating the employees about the structure and value of the ESOPs - Inverse of firing folks.