Many private businesses "leave money on table". Private equity then acquires these and aim to extract maximum amount of value. Leaving money on table is probabl

Many private businesses "leave money on table". Private equity then acquires these and aim to extract maximum amount of value. Leaving money on table is probably general good. Like employees are reasonably paid, customers aren't charged maximum they can bear. Quality is not lowered as low as possible... But ofc, if you pay for a company based on not leaving money on table calculation or bet on doing that later all those will change. Then there are also the actually struggling and dying off companies. But I do not believe that is every one that is being acquired.