Find more information on the issues deeply affected by private equity investments:
HIG Capital’s prison medical care provider Wellpath filed for bankruptcy in late 2024 amid mounting legal and financial woes. At the time of the filing, Wellpath was $644 million in debt and faced more than 1,500 lawsuits…
A recent Guardian investigation highlights how private equity’s growing role in healthcare bankruptcies leaves vulnerable patients with little recourse. The story highlights the plight of people like Gene Davis, who endured multiple surgeries and implant failures, only to…
PESP has released the Private Equity Bankruptcy Tracker A running list of U.S. bankruptcies connected to private equity Updated February 12, 2025 Key Findings Disproportionate Role in Bankruptcies Private equity firms played a role in 56% (27 of 48…
A new report released by the Private Equity Stakeholder Project (PESP) examines how a handful of private equity firms are playing an outsized role in the deportation and surveillance of millions of immigrants in the United States.
To download a PDF version of this report, click here. Key Points Hundreds of millions of dollars are flowing from city and federal governments to private equity firms for goods and services used to…
As more workers petition to form unions, employers are turning to union avoidance firms and anti-union persuaders. Union busting firms use tactics like creating anti-union literature and holding captive audience meetings where workers are discouraged from…
A high-powered team of prisoner-rights lawyers is investigating the Monterey County Jail’s health care provider, Wellpath, due to a series of inmate deaths allegedly caused by contract violations. Wellpath is one of the largest providers of health care in U.S.
Since December 2022, Atlanta-area officials have charged 42 people with domestic terrorism for protesting the construction of Cop City, a police training facility that would sit on 85 acres…
In early March, PESP researcher Michael Fenne participated in a panel discussion at the 2023 National Disability Rights Virtual Conference, hosted by the National Disability Rights Network (NDRN). The panel title was “Using Access Authority to as a Tool…
Private equity firm H.I.G. Capital is the owner of healthcare provider Wellpath, which provides services in jails and prisons. Wellpath has recently seen its credit rating downgraded, faced an executive bribery scandal, and has continued to draw attention for conditions…
Private equity continuing to influence the prison healthcare space New report looks at healthcare company Wellpath and its expansion into prison systems A new report, “Private Equity Firms Rebrand Prison Healthcare Companies, But…
Private Equity Firms Rebrand Prison Healthcare Companies, But Care Issues Continue A new report by PESP healthcare researcher Michael Fenne focuses on healthcare company Wellpath, and regulatory risks that the company continues to take in…
