I am getting into M&A, which is what PE do, and I don't even need to read the article to know it's bs.
In essence, the PE firm's goal is to consolidate multiple companies, make them work as efficiently as possible, by sharing resources and utilize the best processes, and then either operate them for increased profit or sell them off for good multiples of earnings, because they have added value to it, so someone else can run it from there on with less headache and no more need to put these efficiencies in place. There is nothing bad with any of this. In essence, it's about bringing efficiency into the market and getting paid for doing so.
In essence, the PE firm's goal is to consolidate multiple companies, make them work as efficiently as possible, by sharing resources and utilize the best processes, and then either operate them for increased profit or sell them off for good multiples of earnings, because they have added value to it, so someone else can run it from there on with less headache and no more need to put these efficiencies in place. There is nothing bad with any of this. In essence, it's about bringing efficiency into the market and getting paid for doing so.