Find more information on the issues deeply affected by private equity investments:
First-Ever Scorecard Grades Biggest Private Equity Firms On Labor Practices A new labor scorecard developed by the Private Equity Stakeholder Project underscores a pattern of hazardous or negligent labor practices within the industry. All eleven private equity…
PESP released its latest report: Private Equity Profits from Disaster. As climate change accelerates and impacts more communities around the world, the need for skilled labor in the disaster restoration industry grows. Increasingly,…
Private equity firms and the companies they own come in contact with students, teachers, administrators, and families in a variety of ways in the education sector. With the power to create educational content and administer tests, hire school…
The Private Equity Stakeholder Project released a new report, Profit Over Safety: Private Equity’s Leveraged Bet on Packers Sanitation, detailing how The Blackstone Group’s Packers Sanitation Services Inc (PSSI), which specializes in cleaning food processing plants, has stood out…
The Private Equity Stakeholder Project has published a report documenting rampant wage theft at fast food companies owned by Atlanta-based private equity firm Roark Capital Partners, such as Dunkin’ Donuts, Jimmy John’s, Sonic Drive-Ins, and others. Roark Capital specializes…
OpenGate Capital is a Los Angeles-based private equity firm with $1.1 billion in assets. In a span of less than four years, OpenGate Capital ran at least five companies out of business, putting more than 1,300 U.S. workers out of…
The Private Equity Stakeholder Project published a report on Atlanta-based Roark Capital Partners IV, which specializes in buying and running franchise businesses, especially within the food and restaurant industry. The performance of Roark, which closed at $2.5 billion in…
Private equity firm BC Partners is already among the larger private equity firms by total number of portfolio company employees, with nearly 250,000 employees at companies it owns globally. With portfolio company GardaWorld’s proposed acquisition of competitor G4S (530,000…
Over the last decade at least 600,000 people working at private equity-owned retailers have lost their jobs due to bankruptcies and store closures. Over the last decade at least 600,000 people working at private equity-owned retailers have lost their…
Last week, the Private Equity Stakeholder Project and United Food and Commercial Workers Union (UFCW) Local 400 released a report, “Private Equity’s Biggest Retail Gamble: Albertsons-Safeway” that looks at Cerberus Capital Management’s ownership of Albertsons-Safeway, the largest private equity-owned…
Full report available here. Over the past decade, more than 1.3 million people have lost their jobs due to trouble or bankruptcies at retail companies owned by private equity and hedge funds, according to a new study released…
