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Depends on the PE tbh. We recently got acquired (after being split from our previous owner) and if anything we now have much better leadership, and they seem to
by mardifoufs 2y ago
Depends on the PE tbh. We recently got acquired (after being split from our previous owner) and if anything we now have much better leadership, and they seem to focus on R&D more than anything else. It does help that they have clearly stated that they aim for making the corporation public in 5-7 years, which makes it less likely that they'd engage in bleeding the current assets dry for short term gains.
It might be different for startups though for sure, in our case we were spun off from a very old corporation :)
- nikolajan 2y agoThey're not the exception of the rule, the rule is just going to kick off later for you (pre-IPO, when cost cutting measures will take place and the process described above will start)
- mardifoufs 2y agoI don't disagree, but I was more talking about the instances of PE acquisitions that get squeezed out. Obviously though you are right, at the end of the day they will want to make the business look as attractive as possible when they offload it. But to me that's still better than getting bought out to get squeezed and left to rot