" it has just been acquired by a private equity company"
pr00ne is correct but of course that is EXACTLY teh probelm
The record of PE companies is that they:-
a) cut cost to the bone
b) run off all the experienced (= expensive & bolshy) staff
c) fail to invest in new products
d) load up the debt to pay very large dividend and "fees"
e) sell the best bits for cash
f) take the company public and exit ASAP
g) watch the suckers take a bath as the real situation becomes apparent