@dtauvdiodr For the company and industry, it probably makes more sense to go private.

It's usually done in situations where company growth is slowing to a point where the public stock market (public shareholders) is punishing the company (i.e. the stock is underwater and/or market cap is at a standstill). Also in your specific situation I think the political environment matters. In some ways, it's better for someone with an interest to take over the company rather than a private equity firm.