Hey you! Yeah you, with the well run successful medical practice. You donât need to sell to private equity! If you doâŠ
Your staff will look for other jobs.
You and your senior partners (financial beneficiaries of PE transaction) will lose motivation forcing younger partners/associates to pick up the slack
Your younger partners/associates will resent you, but wonât be able to say anything due to power dynamics and fear of retribution from PE overlords
Youâll lose your recruiting edge
You will not practice medicine the way you want, you will practice medicine the way private equity wants
Patients will say things like âwhy is everybody so grumpy here?â and âwhat happened to this place?â
Instead, keep your practice, youâre doing great!