What will happen at this company over the next two years is anyone's guess. It was to be sold by now. Could not sell it. Try IPO. Would not work. Keep for long term. Disaster as the company could potentially lose market share and by waiting to sell loses value.
When will something happen at this company. Probably dictated more by the banks then by the management of the company due to dates to pay loans etc.
The only real winners here are the management. Making large sums of money in salaries as the company slides downhill.
So what is Warburg Pincus's game plan? Maybe one last sales pitch to a competitor (not likely to work unless they cut the price way down for this company).
Last gasp. Bankruptcy. But nobody knows the books so when or if this would happen is a complete mystery.
The bottom line for this company. If it pays your salary it is a good temporary job. Don't make any long-term plans with this company as it by design (private equity) will not exist in its current form in a few years.
When will something happen at this company. Probably dictated more by the banks then by the management of the company due to dates to pay loans etc.
The only real winners here are the management. Making large sums of money in salaries as the company slides downhill.
So what is Warburg Pincus's game plan? Maybe one last sales pitch to a competitor (not likely to work unless they cut the price way down for this company).
Last gasp. Bankruptcy. But nobody knows the books so when or if this would happen is a complete mystery.
The bottom line for this company. If it pays your salary it is a good temporary job. Don't make any long-term plans with this company as it by design (private equity) will not exist in its current form in a few years.