why wouldnt the previous owners just open a new vet clinic, and hore all the same people back?
or some manager at it? it must be easy enough to raise that starting money, if the PE firm could get the loan
An acquisition like that would have non-compete restrictions. And often the previous owners don't get 100% cash, they would receive part as shares in the new holding company.
Yeah, they thought about it well on how to shackle, extract and leave a husk behind. What about the clinic's long term success? Not in their plans, they just want to extract cash from the customers as fast as they can. I'm sure that if people organized well enough and change their mindset they'd find workarounds to these financial engineering scums.