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As was said in another thread, you only tend to hear about the private equity deals that go bad. Here are some of the big ones both good and bad:

https://www.investopedia.com/articles/markets/111015/10-most...

PetSmart was one success story I heard from this podcast: https://www.wsj.com/podcasts/the-journal/how-petsmart-solved...

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There is never a bad time to read Barbarians At the Gates to understand how the incentives work in these deals and to help judge for yourself whether they're going to work out or not.

Spoiler / Hot Take: if you're overloading the company up with debt (even cheap, short-term stuff) and taking out cash based on "revenue projections" or "realized synergies" it's probably not gonna work out so hot when the loan comes due.

Debt isn’t dirty. There’s a reasonable case to make for having an appropriate debt load in terms of tax shields and motivating management.

Yeah, some times it does go well. But the managers make money either ways, since they pay themselves back immediately using leverage.

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