Thread regarding Avaya layoffs

#Apollo admitting that #Avaya is a Lost Cause

As the article clearly states, we are no longer in the era of low interest rates and over-valuation. Therefore, there isn't a "route" for Avaya (as there was in 2018 after the first BK when rates were historically low). There really is no digging out this time. The window of relevance has passed. #Apollo can only be so lucky to be able to dump Avaya for 20-30 cents on the dollar if it's purported overvaluation.

...Apollo executive John Zito said private equity firms are broadly misstating the value of their software holdings, telling UBS clients last month that "all the marks are wrong."
Zito warned that lenders to
smaller software companies could recover as little as 20 to 40 cents on the dollar, implying deep losses.

https://www.cnbc.com/amp/2026/03/16/apollo-john-zito-private-equity-software-valuations.html

The NDA bait & switch they are pulling are a result of the Apollo audit firm(s) diligently attempting to tidy-up Avaya's books to get anyone to take the sinking depreciating asset. The only person who is still hoping for a fool to buy Avaya is PD so he can get his pay day, along with the other "board member" who has an inflated "C" title (the one who would be out on their ear for lack of results if not for the board seat).


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Post ID: @OP+1kkw8kw1p

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This would explain their desperate behaviour.

Pretty shameful for leaders to squabble on this page.

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Post ID: @x8+1kkw8kw1p

Oh great. So Apollo will just want it off the books after it runs out of opportunities to profit from all of it's so called "services" and partners (Akin Group, etc).

And people like PD will be able to pick up the assets for a song and just live off of the government contract revenue until it runs dry in about 8-10 yrs.

Pathetic conclusion to a storied organizational journey. The bad guys always win, even when they fail. A not so happy St. Patrick's Day.

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Post ID: @ap+1kkw8kw1p

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