Anonymous wrote:Anonymous wrote: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.
Story as old as time. This is a fake bankruptcy after they forced them to take on debt they could afford.
Anonymous wrote:Anonymous wrote:SavATree was bought by private equity before 2020 and stayed ok but then got bought again around 2021. They now are all hat and no cattle, their "arborists" are just salespeople, and they are imo con artists for anything other than trimming, cutting, etc.
I called them for a quote, $2k to trim a tree, that’s when I started googling who owns what, it’s shocking just how many of these companies are PE owned.
I kept googling until I found a family owned business, $400, unbelievable