The fact that "investment into tech" is used as rationale for baby boomers selling out our firms to PE is stupid. In a business where you bill based on hours you'd think that tech would be a no brainer investment. It's like these shit companies who refuse to cut dividends and watch a hotshot new tech company who isn't afraid to reinvest eats them alive. Put me in charge. I'll take a flat draw for 5 years, pay debt down, and arm us with the best tech.

likehelpful
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In its simplest terms, this is the “truth” about PE ownership in PA. It’s not about “investment in tech”. It’s an admission that stewardship and succession planning is simply not valued and the PE path is at its core, nothing more than a money grab with BS rationale of “freeing up capital to deploy”. Let me know when you see the next (first?) big tech investment by a PE owned firm.

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Thank you Dave Ramsey!

Is RSM getting into bed with PE too? 😬

We need DOGE!

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