Private Equity came with its pros and cons. Going public will come with its own pros and cons, as well.
Pros
- PE brought in a lot of upper management and, while that was probably very expensive, it made a huge improvement. I saw that a lot of our vague, poorly defined, or sloppy processes were tidied up. - Company culture is good. For the most part, I've gotten along with people here, even if we don't always agree. - Pay is competitive/decent.
Cons
- Pay raises aren't as great as they used to be and bonuses were taken off the table. The company did go public and we now get RSUs, so I guess we can consider that restoration of bonuses, but time will tell if these continue to be generous. I'm sure pay raises will still stink. Pay raises and bonuses were better before company was taken over by Thoma Bravo. But, PE gotta do what PE gotta do: fatten that balance sheet to make us attractive to buyers.