A private equity (PE) company recently acquired the majority of Redgate Software, the current owners of the PASS Data Community Summit and SQLServerCentral.
Everybody in tech has private equity stories, some good, some terribad. Private equity hands money to companies not out of generosity, but because they believe they can turn it into even more money over time. The new PE owners want to pump up the company’s revenues, cut expenses, and raise profits as quickly as possible. That way, better numbers help them turn around and offer the company’s stock to the public, getting their money back out plus a nice