ThoughtWorks has been sold to private equity

Re:ThoughtWorks has been sold to private equity by brepl on Wednesday August 23, 2017 @02:31PM (#15083899)

What did ThoughtWorks do with their profits before they were bought? If it was privately owned, does that mean the profits were dividended to the founder? Or were they all re-invested in the company to fund expansion?

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Re:ThoughtWorks has been sold to private equity by paul_h on Wednesday August 23, 2017 @06:01PM (#15085610)

Ex* Employee #500 here. All reinvested.

* https://paulhammant.com/2015/01/06/farewell-2014-farewell-th...

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Re:ThoughtWorks has been sold to private equity by moeymo1 on Thursday August 24, 2017 @12:54PM (#15091779)

TW employee ~200 here (now ex). The vast majority of the profit was invested in expansion. You can't grow from the low hundreds of employees in year 2000 to almost 5,000 in 2017 without many tens of millions of dollars reinvested in expansion.

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Re:ThoughtWorks has been sold to private equity by vijayagrawal18 on Wednesday August 23, 2017 @02:54PM (#15084107)

Either ways, profit would be become a factor in total valuation.

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Re:ThoughtWorks has been sold to private equity by charlesdm on Wednesday August 23, 2017 @02:44PM (#15084005)

Probably a combination of both.

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