I work for a company that is owned by a private equity group. I am gut-wrenched most days because of how toxic the PEG-investors are, and how horrible they're making it to work there.
I worked at a place that was bought by PE in 2019. I joined in 2020. Before them, it was a family run company in a niche space, but still pretty big (500 employees). PE left it alone for the first year, but when it wasn't turn the profits they wanted, they booted the entire C-suite (including the son of the founder as CEO) and put in their people.
The company changed overnight. We went from being a very mission-based company that focused on helping people to one that was driven by profit margin and sales pipeline.
It was worst for me after I had won a big contract. I got all this pressure to get the client to sign the contract. They were going to sign, but they had to go through their internal processes. Finally, I asked my boss what the big deal was? Why so much pressure? We were going to get the contract eventually.
When he said "the quarterly report is due this week and we want to show that deal as closed for this quarter to make the PE guys happy," I knew it was not gonna work for me.