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Reply to "Congrats private equity is coming for your local plumbers, electricians etc "
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[quote=Anonymous][quote=Anonymous]Sometimes these places go out of business because PE can’t give us what we want. In my town, PE bought a small chain of previously family owned liquor stores. The stores were successful and the owners were committed to the community and believed in their products. They hosted events, welcomed wine clubs, brought in speakers, etc. PE did none of that and had no interest in the product. The whole chain is now going out of business just three years later. [/quote] Story as old as time. This is a fake bankruptcy after they forced them to take on debt they could afford.[/quote]
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