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Posted on 10/9/25 at 11:05 pm to HonCHO
So don't meet the numbers and buy it back for a discount
Posted on 10/9/25 at 11:10 pm to HonCHO
Almost a certain end to PE investment. And don't be anywhere near a company that a PE firm overpaid for. Watching a ship I helped build sink itself trying to recoup someone else's bad investment is tough. Just happy I'm watching from shore.
Posted on 10/9/25 at 11:16 pm to Chucktown_Badger
quote:
A bunch of long time employees leaving may make them rethink things
Giving them exactly what they want isnt going to make them rethink.
Posted on 10/9/25 at 11:18 pm to forkedintheroad
Exactly. Longtime employees are one thing, expensive.
This post was edited on 10/9/25 at 11:19 pm
Posted on 10/10/25 at 5:27 am to HonCHO
quote:
They’ve micromanaged us like I’ve never seen before, and turned a pretty good company in to a horrible place to work.
So leave.
I’ve worked for a PE-owned company since 2019, and it’s been a great experience all around. I’ve worked for the company since 2011. Worked my way up and now am SVP. We’re now on our second PE group. Neither one has cleaned house.
My firsthand experience tells me if you’re fundamentally a good company, they don’t screw with you. If you’re not, buckle up…
Posted on 10/10/25 at 5:31 am to HonCHO
It’s a race to the bottom.
Now imagine what happens to your local hospital when it gets taken over by hospital corporation of America.
Now imagine what happens to your local hospital when it gets taken over by hospital corporation of America.
Posted on 10/10/25 at 5:34 am to MaxDraft
quote:
Worked my way up and now am SVP.
quote:Finally doxxed yourself here Scotty!
MaxDraft
Thanks for the Tiger love over the years.
Posted on 10/10/25 at 5:43 am to soccerfüt
quote:
Finally doxxed yourself here Scotty!
Yeah. You got me. Is “Scotty” supposed to be my name or like a term of endearment?
Posted on 10/10/25 at 5:45 am to HonCHO
PE group bought the company I worked for recently. It was a small family owned business since 82. I worked there 7 years. The PE comes in and it sounds exactly like you’re saying.
They offer everyone their jobs but a condition of employment is to sign a non compete. I refused to sign so I was forced out. They framed it as me refusing employment. I was out of work for less than 48 hours. I already had seeds planted and it worked out.
The moment those people pulled up in the parking lot I just knew it was bad news. It quite literally felt just like that market equities group on Yellowstone led by rourke. That was not just Hollywood it’s reality.
They offer everyone their jobs but a condition of employment is to sign a non compete. I refused to sign so I was forced out. They framed it as me refusing employment. I was out of work for less than 48 hours. I already had seeds planted and it worked out.
The moment those people pulled up in the parking lot I just knew it was bad news. It quite literally felt just like that market equities group on Yellowstone led by rourke. That was not just Hollywood it’s reality.
Posted on 10/10/25 at 5:49 am to dovehunter
quote:
I love PE buying up my competition. The quality of the competition goes to hell and we feast on these diluted companies. Their former customers know the difference and we win. The good people don't want to work for these companies and we get the good people., Bring on more PE.
This is very accurate! Definitely a glass half full outlook.
Posted on 10/10/25 at 6:04 am to Chucktown_Badger
quote:
You know you have the ability to leave and go somewhere else? Whoever owns the company has the right to run however they want. A bunch of long time employees leaving may make them rethink things.
You sound like a massive tool
Posted on 10/10/25 at 6:16 am to HonCHO
My expereice with PE (2 times now) is that everything everybody said bad about them...is true. They ruined a very well-established, very profitable company in less than 18 months under the guise of growth and enhanced profitability. Yeah, they grew in a market where there was never any business (the reason we never were in those markets to begin with) and forgot about the strongest market on planet earth for industrial services, the Gulf Coast.
Oh yeah, did I forget to mention they brought in their own executive crew and dismissed amd ignored hundreds of years of experienced people who had been doing this their whole lives? They ran me off... and had to hire 3 newbies who still call me for advice.
Oh yeah, did I forget to mention they brought in their own executive crew and dismissed amd ignored hundreds of years of experienced people who had been doing this their whole lives? They ran me off... and had to hire 3 newbies who still call me for advice.
Posted on 10/10/25 at 6:21 am to turnpiketiger
quote:This
I love PE buying up my competition. The quality of the competition goes to hell and we feast on these diluted companies. Their former customers know the difference and we win. The good people don't want to work for these companies and we get the good people.
And I’ll add the average and mediocre folks at the acquired companies stay and complain about “the good ol’ days being past and bring a negative attitude and energy to work with them, hastening the decline of the bought entity. And then they wonder why they are finally made redundant.
Some folks are exactly their own enemy and worst agent.
Posted on 10/10/25 at 6:27 am to H2O Tiger
quote:
Those aren't bad actors, that is literally how the business works.
Thanks, man. I’ve been in the industry for 15 years. I guess I’ll take your word for it since you worked for a company that was bought by P/E and everything. 
Posted on 10/10/25 at 6:28 am to Kingpenm3
quote:
Just look at pets/veterinarians. I got a quote today for my dog's flea/tick shot for the year... $700.
It's not inflation. It's stretching a consumer to the absolute point of saying I can not financially have a pet.
Wouldn't PE affect the pricing on services a lot more than the meds?
The meds are pretty fungible and there are online pet pharmacies where you can price shop. Doesn't make sense to jack up those prices when the information is public.
Now the exam costs? Yeah those are less transparent and can be manipulated for more profits.
Posted on 10/10/25 at 6:34 am to HonCHO
A boss once told me “love the company all you want, it will never love you back”
Posted on 10/10/25 at 6:43 am to MyRockstarComplex
Finance is all we do in this country. I get lots of hate when I say we only pay lip service to STEM or good work/products. How much can I borrow has become the American way. And the illicit international borrowing puts us to shame because they know how to really commit bank fraud when they show up to party here.
This post was edited on 10/10/25 at 6:43 am
Posted on 10/10/25 at 6:47 am to Kingpenm3
Find a small, solo vet. I did and she is worth it. Her fees are very fair in today’s vet market and she just keeps getting busier bc she cares about the animal and isn’t price gouging. Many vet offices have been taken over by PE, most of the larger clinics are PE these days.
Posted on 10/10/25 at 6:47 am to HonCHO
I wish all the great established mom and pop local businesses would stopping selling to PE. Seems like a ton of them sold in the past 10 years.
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