<p>Pacific Equity Partners acquired Spotless back in 2012. The private equity firm first decided to re-float the business in April last year. Pacific Equity Partners had it all figured out. Aggressive growth for Spotless was on the minds of all the private equity partners. First they’d grow the service company, and then sell it off quick smart. Spotless’s management believed annual financial results for FY16 would ‘materially exceed’ those of FY15.</p>