The "good" ones I know of tend to be smaller deals where the PE firm is pursuing a buy-and-hold approach in a sector where it has some knowledge and advantage.

The "good" ones I know of tend to be smaller deals where the PE firm is pursuing a buy-and-hold approach in a sector where it has some knowledge and advantage. For example, Summa Equity bought Norsk Gjenvinning in Norway (a recycling company), refocused it on circular economy practices, and by most metrics it seems to be doing well for everyone. The Keiretsu companies an Japan are another example of the process working fairly well. On the flip side, the high-profile "pump and dump" PE deals almost always seem to be bad for everyone but the PE firm and shareholders.