1.0
23 June 2023
Former employee, more than 8 years
Recommend
CEO approval
Business outlook
Pros
They buy companies that are almost in financial ruin, then finish the job.
Cons
They buy companies that are already in financial trouble, and drown them. They just give me broke vibes all-around. They acquired my company I was at for over 8 years. They instant removed any sort of 401k matching and changed all our benefit plans mid year. Ending up fixing our company to remove bonus’s, or even performance merit raises, and then laid off top performers without any sort of severance, PTO payout or insurance extensions. They ensure the companies they buy treat their employees like absolute garbage. The entire culture shifted poorly with the sale to regent. Just know, if they acquire your company, the clocks ticking.