Typical Tactics After Private Equity Buyout - Anonymous employee VBA Employee Review

2.0
14 Nov 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Medical/Dental/Vision plans were awesome and the reimbursement of internet was a nice perk. (These could change as the new PE folks cut costs and “restructure”)

Cons

3 months ago I wouldn’t have any cons but this serves as your warning. After the Private Equity “majority transaction” the morals have changed SO much. They have begun mass terminations (considering the employee count it is a large amount) and have “eliminated positions” even though the responsibilities and projects are still active. This isn’t exact language but the investors have boasted about how they will cut costs by laying off employees so they can just hire staff that they can pay lower wages to and then exploit the lower paid staff by demanding they meet whatever quotas set or face being fired. (This was actually stated to employees) Leadership also bragged to employees about how much they were getting from the buyout (payouts with 6-7 zeros). Despite how much money the company AND leadership personally received, the company decided to withhold <$2,000 in earned commissions even though earned commissions are WAGES. After a ton of back and forth with emails that detail how they don’t value employees anymore, they said they would pay the sum of the earned wages - but they would only do so as severance. That would require I sign a severance agreement which would also release them from all sorts of liability and it would sign off on a nondisparagement clause. Eventually I did receive my full pay but only when I said “I wanna give a heads up that I am going to file my complaint since I am sure you will receive something in the mail regarding that. Just want to make sure I alert you so you aren’t surprised”. Once I left that message I was able to receive my commissions. I don’t fault HR at all, BTW. This is 100% coming from certain leadership and HR and other departmental heads involved in payroll are stuck in the middle and try to do everything they can to be fair to staff.

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5.0
24 Apr 2025
Anonymous employee
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CEO approval
Business outlook

Pros

- Backed by private equity with deep healthcare tech expertise and a commitment to long-term success - A people-first culture that values authenticity and individuality - Cutting-edge tech stack with strong market demand - Loyal customer base with exceptionally low attrition - Collaborative teams of top-tier talent focused on winning together

Cons

- There are still ripples from some of the growth activity of 2024, but most of the changes have been for the better and position VBA for success in 2025

1
1.0
9 Sept 2025
Recommend
CEO approval
Business outlook

Pros

- Small company - Plenty of work

Cons

- Overworked - Transactional management - Unrealistic project dates set by sales and exec team. - Poor customer experience

2
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