Pros
A fast-paced environment. New technologies are being implemented in the company, if only at the expense of its own employees.
Cons
new management (New Mountain Capital) is intent on growing the company and reselling it for a profit. That has fostered a climate of terror in the company, where former valuable employees, usually with many years of experience and business knowledge, are steadily replaced with younger, cheaper employees. Young whipper-snappers put in charge bungled the recent SAP implementation. Middle-managers stand aside and play the echo chamber. A former great company / extended-family to work for; now all employees are just numbers on a spreadsheet, subject being replaced summarily. A culture of "transformation" in practice feels like a culture of terror.