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Discover Ludwig"private company" is a correct and usable phrase in written English.
It is typically used to refer to a type of business that is owned and operated by individuals or small groups of investors instead of by the government. For example, "The major tech firm is actually a private company owned by a wealthy entrepreneur."
Exact(60)
We're a private company".
Mars is a private company.
For starters, it is a private company.
Chrysler is a private company.
It was a private company.
Huawei is a private company.
"This is not a private company".
That's why we're 100% a private company".
"Twitter's a private company," he said.
No private company would take it on.
as a private company, that is.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com