PPRuNe Forums - View Single Post - US Equity firm trying to buy the UK Nuclear Submarine supplier
Old 18th Aug 2021, 03:04
  #14 (permalink)  
tartare
 
Join Date: Oct 2007
Location: A better place.
Posts: 2,321
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Private Equity - bah.
In for five, out for five... i.e in for five years, and out at five times the EBITDA multiple they paid.
Hoover up the cashflow, strip it to the bone of anything that doesn't immediately contribute to underlying profit and either carve it up, or flog the lot.
They like to see themselves as the apex predators of the commercial world that pick off the weak and under-evolved.
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