One critical thing to think about here: Often (though not exclusively always) PE firms are backed by leveraging debt to rollup up companies. This creates a big

One critical thing to think about here: Often (though not exclusively always) PE firms are backed by leveraging debt to rollup up companies. This creates a big cycle of: - Acquiring massive debt against the new rollup entity - Using that debt for short term expansion, maybe even subsidizing the business model in some cases - Payouts to executives at the PE firms. There are instances where larger PE firms actually borrow from themselves via another entity so the debt payback goes solely to the PE firm under favorable terms to the PE firm. - Then, squeezing as much of the market as possible to service this debt via localized monopolies and/or cost cutting measures. Typically higher prices and worse service follows in short order - Finally, if they can't continue to service the debt, the debt, since being held by the new entity and not the PE firm directly, the entity declares bankruptcy to restructure the debt (or in some cases, absolve it entirely) PE firms can then rinse and repeat on this, over and over again, with little oversight or repercussions. Sometimes I feel like I'm in the wrong business