Pros
Benefits are very good; excellent supplier network and very dedicated employees. Great history- At one time the company excelled in local markets and was the company of choice for employees, suppliers and most importantly the customer. The company has a solid vision for its oil & gas business.
Cons
Private equity ownership and a very rattled management team. The new Downers Grove, IL headquarters and corresponding expense was not necessary regardless of how it's been sold. Customers don't care and suppliers simply want results. Look at Brenntag. A $10 billion chemical distribution company was built in Seattle, which is good enough for global industry leaders like Starbucks, Microsoft and Amazon. The latter is basically a distribution company with suppliers all over the world. I doubt these companies will be moving to be "closer to customers and suppliers." Key and experienced personnel have left in droves. It's all about boosting the short term balance sheet for the IPO.