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re: Anyone have experience with their company getting bought out?

Posted on 9/25/23 at 8:13 pm to
Posted by AllbyMyRelf
Virginia
Member since Nov 2014
3334 posts
Posted on 9/25/23 at 8:13 pm to
I represent PE backed roll-up companies that buy up industry related businesses. Part of what makes a company valuable is its employees. Usually we keep everyone except for HR (would be redundant) or if the main owner wants to retire.
Posted by jbird7
Central FL
Member since Jul 2020
5272 posts
Posted on 9/25/23 at 8:41 pm to
quote:

I represent PE backed roll-up companies that buy up industry related businesses. Part of what makes a company valuable is its employees


That was far from the experience I had. They bring in their own people and could care less about the employees or the people who helped built that business. Once they figure out how the company operates they start canning people.
This post was edited on 9/25/23 at 8:57 pm
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