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by bigbuppo 904 days ago
Buy the company, saddle it with the debt used to acquire it, take all its real estate and transfer it to a separate company, make the company rent from the company that owns the real estate at inflated prices. If its something like a software company you convert its software to a rental model and keep jacking up the price so that now an annual subscription costs the same as the perpetual license price from three years ago with 25 years of maintenance. Sure, you just lost 98% of your customers, but really, you just need one or two customers that can't leave you to keep it running in perpetuity. In the case of a retail store, though, you just run the store into the ground over the next year or two and now your real estate division is the #1 creditor of the retail chain and gets first pick of the liquidation and it now owns the real estate, which it then sells for 10x its real value to a developer who will bribe the local approval board to turn the area that is zoned commercial only due to flood risk is now overpriced homes or condos. When everything floods the victims that bought houses or condos will have to move elsewhere.

Or, your PE firm is actually owned by a foreign country and they don't care about profit as their long term goal is wrecking your country's economy.