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Search took 0.00 seconds. Search: Posts Made By: Lateral Hazard

Forum: Cruising News & Events

28-09-2023, 16:14

Replies: 159

West Marine Restructures Debt

Views: 19,936

Posted By Lateral Hazard

Re: West Marine Restructures Debt

Just imagine, you decide to sell your large business to a private equity firm. They give you, and your investors 1 billion dollars to sell.
When the deal is consummated the private equity group has...

Forum: Cruising News & Events

22-09-2023, 12:08

Replies: 159

West Marine Restructures Debt

Views: 19,936

Posted By Lateral Hazard

Re: West Marine Restructures Debt

It is not accountants or bean counters. They are just tools the PE’s use.
It’s business. Incredibly unfair and sometimes immoral but that’s the way private equity works.

Forum: Cruising News & Events

22-09-2023, 11:42

Replies: 159

West Marine Restructures Debt

Views: 19,936

Posted By Lateral Hazard

Re: West Marine Restructures Debt

As others have mentioned, Private Equity caused this. Here is a rudimentary explanation.
Let’s say, as a Private Equity Company, I come to you about selling your boat. You have a corporation that...

Showing results 1 to 3 of 3

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