Reply to Congrats private equity is coming for your local plumbers, electricians etc

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[quote=Anonymous]PE is getting into everything and it's only hurting us as consumers and other smaller, independent businesses as they struggle to compete.

Veterinary practices are one were PE has scooped up a ton of smaller, independent firms.  Our local vet is still independent and we are continuing to support them.  Friend from HS is also running an independent practice as well.

Youth sports have been mentioned - Pioneer Sports & Entertainment now control two youth soccer organizations with Surf Sports & Rush.   Control the clubs, the facilities and the travel groups to book the hotels, etc.  They are now nationwide, coast to coast.

Pharmacies - how many independent pharmacies are around any more?  Another HS friend is a pharmacist and owns several locations - he's managed to do well despite PE because of the services he provides.  Free Delivery, stocking more obscure meds, etc.

It sucks that everything is control by these huge conglomerates with some shady dealings - read about Clearlake Capital and Wheel Pros shuffling money around.

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