Noticing a culture shift since the Kohlberg deal. Have other fish noticed this when a PE firm gets involved?

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As someone who has really only ever wanted to do Life Sci consulting (not generalist consulting), it's been so discouraging to see such a large fraction of the boutiques go down the PE route....

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Come to LEK

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Been at two boutiques that were acquired by PE company. I left the first because of how badly the culture deteriorated. My current firm (which also was acquired) seems to be heading down a similar path, but it is too soon to tell.

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Nothing has changed culturally in my pod since the deal. We also already had a growth/PE firm involved before, so I’m not expecting a dramatic cultural shift.

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Same. No change in my POD either. LT has been very vocal and proactive about maintaining culture. Pre-Kohlberg we had Parthenon Cap. So not expecting much change. There does seem to be some dilution but that's probably cause of massive lateral hiring and acquisitions

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Not to be cynical (and I sadly might be interested in some PE work), but do things go better for a lot of people when a PE firm gets involved?

No change here either from a culture point in terms of the work… but since the new ownership it feels like they’re trying to standardize things like expensing which I haven’t been a fan of

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