3 ms·
> eventually their offerings will not be competitive. How so?
by mcphage 5mo ago
> eventually their offerings will not be competitive.
How so?
- MobiusHorizons 5mo agoIf you read the article it provides a good example. Fire truck businesses with a 4 year backlog and high margins. This is less competitive than the situation prior to PE consolidating it when it had much lower backlog and ~3% margins. Seems like a clear market opportunity.
- mcphage 5mo agoAh, okay. Sorry, I misread what you had said. I missed the “owned”, and thought you were saying the PE companies themselves would be uncompetitive—and wasn’t sure what you meant.