Private equity, as an industry is a machine that is the business equivalent of injecting nitrous oxide into a car engine. You get a great deal of performance for a short period of time, but it stresses and breaks the things that make up the formerly reliable engine. In the case of Private equity, it’s enhanced profits, usually at the expense of people who made up the company.
Three times in the month that I wrote this article I heard stories from three different private equity buyouts. Counting my own experience, all four were intensely scary, stressful, and ultimately very damaging to the average employee at the respective firms. This vent piece asks the question: When can we get Private Equity from a Win-Loose to a Win-Win for everyone involved?