Started By
Message

re: My Experience with Private Equity

Posted on 10/9/25 at 9:05 pm to
Posted by RummelTiger
Texas
Member since Aug 2004
92620 posts
Posted on 10/9/25 at 9:05 pm to
quote:

Dunder Mifflin


Again?

So David Wallace made even more money after buying it back?

I hope Dwight got a nice bonus.
Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
18945 posts
Posted on 10/9/25 at 9:06 pm to
quote:

Wait until they start using your business to buy other businesses and load your business up with debt. Then bankrupt your business because it cant pay the bills. All the while taking profits from the businesses they bought under your companies name.


Bingo.
Posted by 225Tyga
Member since Oct 2013
19365 posts
Posted on 10/9/25 at 9:06 pm to
quote:

Family company of about 200-250 employees that I work for sold majority ownership of company to PE group


What’s the name of the company that sold?
Posted by idlewatcher
Planet Arium
Member since Jan 2012
91998 posts
Posted on 10/9/25 at 9:09 pm to
Thanks for sharing this.

I’m going through a similar issue. Company I’m looking at has refused to entertain a PE buyer. Well, they’ve pinky swore they will keep everyone employed but pretty sure we know what will happen. Not sure what we’re going to do at this point.

Are you going to leave your job?
Posted by TutHillTiger
Mississippi Alabama
Member since Sep 2010
49830 posts
Posted on 10/9/25 at 9:13 pm to
Dirty little secret:

Because of the loss of some tax advantages or something about 3-5 years ago Trillions in PI type money sold their holdings in NY and started looking for other shite to frick up. During Covid they bought thousands of apartment complexes and it’s difficult to track because the mfers didn’t record the change or ownership or new deeds for some tactical reason. (I learned this the hard way and it cost me 70k)

They probably own 60-70% of apartment units in Baton Rouge for example but that’s not reflected in the deeds
This post was edited on 10/9/25 at 9:14 pm
Posted by Shwapp
Gonzales, LA
Member since Sep 2016
1009 posts
Posted on 10/9/25 at 9:14 pm to
About to go through this with my company. Anybody ever work for a company while being bought out by Berkshire Hathaway? I'd like to have an idea of what to expect.
Posted by Mo Jeaux
Member since Aug 2008
62142 posts
Posted on 10/9/25 at 9:16 pm to
This board loves private equity.

Posted by Mo Jeaux
Member since Aug 2008
62142 posts
Posted on 10/9/25 at 9:16 pm to
quote:

Because of the loss of some tax advantages or something about 3-5 years ago Trillions in PI type money sold their holdings in NY and started looking for other shite to frick up.


Explain please.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
76044 posts
Posted on 10/9/25 at 9:16 pm to
Exactly what the OP said.

Operate the same until they infiltrate enough to find out how to milk the company for what it is worth. The milk it while the competition takes your market share. The sell it for a "loss" and then let someone rebuild.

Rinse. Repeat.
Posted by TutHillTiger
Mississippi Alabama
Member since Sep 2010
49830 posts
Posted on 10/9/25 at 9:17 pm to
You maybe ok, they owned pretty much all the trailer or double wide companies like Cavalier, Southern Energy etc of u know anyone there. They are a long term investor
Posted by Burt Reynolds
Winnfield, LA
Member since Jul 2008
23772 posts
Posted on 10/9/25 at 9:18 pm to
Sounds like you hate capitalism son

Go live Cuba and see how that goes
Posted by Mo Jeaux
Member since Aug 2008
62142 posts
Posted on 10/9/25 at 9:18 pm to
quote:

The sell it for a "loss"


You have a great grasp on the private equity business model I can tell.
Posted by Rekrul
Member since Feb 2007
9256 posts
Posted on 10/9/25 at 9:19 pm to
quote:

About to go through this with my company. Anybody ever work for a company while being bought out by Berkshire Hathaway


You work for Oxy Chem I see
Posted by mattz1122
Member since Oct 2007
55402 posts
Posted on 10/9/25 at 9:21 pm to
You sound like a communist
Posted by Shwapp
Gonzales, LA
Member since Sep 2016
1009 posts
Posted on 10/9/25 at 9:21 pm to
busted lol
Posted by Rize
Spring Texas
Member since Sep 2011
18576 posts
Posted on 10/9/25 at 9:23 pm to
My wife went to work for a company bought by PE. She was brought in as a VP and we invested in the company a little over 2 years ago. She’s been there over two years and seems to enjoy it. They did keep the original founder and CEO so not much has changed. We have 2.5 years left of the first 5 year chapter then hopefully they re-up for another 5 years vs selling to another PE firm.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
76044 posts
Posted on 10/9/25 at 9:24 pm to
quote:

You have a great grasp on the private equity business model I can tell.


Im in the "we are going to reorg and be a real competitior" phase.


Good news for me is the other half of my household income is in the PE and consulting business. So I have an out.
Posted by Freauxzen
Washington
Member since Feb 2006
38378 posts
Posted on 10/9/25 at 9:24 pm to
quote:

Family company of about 200-250 employees that I work for sold majority ownership of company to PE group. PE comes in and the first year is “business as usual”. CEO and management stays the same for the most part. They are very deceitful.

Second year they start cleaning house. They insert their own CEO, HR gets wiped out and replaced with their own little moles, and then they really start trimming the fat in other departments. They demand 20% revenue growth for all sales reps no ifs, ands, or buts. Live and die by the numbers. Management by fear.

They try to get the operating cost down and profit up as much as possible with the end goal of selling the company for a quick profit. They are leveraged against their investors and the bank. It’s basically like flipping houses except they’re flipping businesses. They’ve micromanaged us like I’ve never seen before, and turned a pretty good company in to a horrible place to work. Morale is lower than I’ve ever seen. PE will be the end of America.


Word for word happened to a company I worked for recently. I had already left.

I've been in and out of companies with PE firms. Not a single one knows how to do anything but trim fat, boost profits by killing morale and culture and sell or go public at some point.

I've worked for companies in small ones and big ones. I'll avoid them as best I can, otherwise I'll try to get ehat I can out of the deal.
Posted by Rekrul
Member since Feb 2007
9256 posts
Posted on 10/9/25 at 9:29 pm to
Good customer of mine, all 3 La plants. Lots of great people there, and a few not so great lol, only a handful of those though. Everyone there seems worried, hopefully there won’t be many drastic changes like the OP is describing.
Posted by Shwapp
Gonzales, LA
Member since Sep 2016
1009 posts
Posted on 10/9/25 at 9:31 pm to
We may have crossed paths at some point. You wouldn't happen to sell farris valves?
first pageprev pagePage 2 of 7Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram