Under New Ownership: It Begins

This past week, Culligan was acquired by a private equity firm. Not stunning news for me, we've been watching the process unfold over the past 10-12 months. Still, it is finally upon us, and I anticipate some interesting events over the coming months.

Personally, it's going an interesting process becuase this is my first experience with private equity ownership. Previous employers were:

• Small, privately held (TenMan), and working for a nice balance of profit and tax liability
• Medium-sixed division (Adams) of a large multi-national (Schindler), and working to generate cash for opportunities in growth markets
• Publicly traded (Monsanto/Searle, Pharmacia) firms, working to improve shareholder value that is directly measured by the stock price

This new (for me) ownership model will provide new perspectives, and additional material for this blog - should be quite fun!