Comment by TrackerFF
20 hours ago
Come to think of it, I don't think I've ever experienced a product or service that took a turn for the better, after the company was acquired by PE.
There might have been a time where PE bought up mismanaged companies, and turned them around - but the PE acquisition spree we've seen for the past 10 years or so...it seems exclusively to cause enshitification. And it is happening everywhere. There will always exist some niche PE firms for every sector out there, nothing is safe.
Yes it happens. It doesn't make headlines. And I'm not sure it happens often.