McIntosh Group purchased by PE firm

In my work life I've worked for three companies that were sold to private equity and they seem to all follow the same playbook, 1) replace the top management with their own, 2) suck the cash out of the business and replace it with debt and 3) lots of outsourcing and employee terminations.

Having said that, if Highlander is in fact funding the acquisition with their own money and not borrowing to do so, this may actually benefit McIntosh as they expand.  If that's the case, it wouldn't surprise me that, after the expansion is well underway that Highlander sells their interest to "cash out".

If they are smart at Highlander (and they probably are), they realize that they've snagged a jewel of a specialized company with a great future and won't gut McIntosh for short-term gain.

Goatshead,

That is an unwarranted and cynical comment.  ejr1953 says it all.

Expect McIntosh to be bust within 5 years.

Wrong they have been owned by PE several times.

PE is not always evil. Ducati was bought by Texas Pacific Group. They re engineered the entire line, made it profitable, got their multiplier and sold the company to Audi. Oh and won several MotoGP and WSBK titles and are kicking but in America.

Parts Authority in NY auto part’s owns a part of Rock Auto owned by PE and is the fastest growing independent auto parts group in America (coast to coast) .

So a few have had a bad experience my flight from New Orleans to Montréal sucked yesterday that mean I will never fly Air Canada again, think not.

PE is not always bad. Unless you are a communist and well not even then. the PRC owns all the US debit so they are PE and they are looking for ROI. 

I hope ejr1953 is correct.  I've owned 3 McIntosh integrated amps over the years and have been happy with them all.  Unless the naysayers have super golden ears, the blue meters are an attractive cosmetic touch but they are not a mask to cover inferior quality.

What are the chances of them moving to Dallas?