Find more information on the issues deeply affected by private equity investments:
In the last year and a half, Apollo Global Management has almost doubled the total number of employees at companies it owns, growing from about 290,000 employees to over 550,000. In May 2020, Apollo was the lead investor in a…
“We are asking for Cheesecake factory to invest in us – before you invest in them” The private equity firm Roark Capital was able to make a $257 million profit (from April 2020 to July 2021) from their partial ownership…
The private equity firm KKR recently acquired a majority stake in Refresco, the world’s largest independent bottling company. Refresco produces beverages such as BodyArmor Sports Drink for Coca-Cola, Gatorade for Pepsi, Arizona Iced Tea, and Tropicana juices.
Garment workers in Nicaragua and Honduras went on strike to fight back against layoffs due to factory closures. These factories are owned by Tegra, which is owned by the private equity firm Apollo Global Management. Sourcing Journal, June 7, 2021:…
Roark Capital is an Atlanta-based private equity firm that specializes in buying and running franchise businesses, especially within the food and restaurant industry. There have been a number of recent news stories about restaurants and fast-food chains struggling to…
Private equity firm Roark Capital owns a number of fast food chains like Dunkin Donuts, Jimmy John’s, Sonic, Arby’s, and Buffalo Wild Wings. Roark’s portfolio companies and their franchisees employ almost a million workers. A report last year from…
In December 2020, the Roark Capital-owned company Inspire Brands acquired Dunkin’ Brands for $11.3. billon. Dunkin’ Brands operates Dunkin’ Donuts and Baskin Robbins. Dunkin’ Donuts, the second largest coffee chain in the U.S. behind Starbucks, has a long record of…
The main US private equity lobby group, the American Investment Council (AIC), released a report in 2019 touting private equity’s contributions to the US economy by employing millions of workers.[1] Since private equity firms buy out companies with…
The Private Equity Stakeholder Project has published a report on Roark Capital, which has collected billions from investors in recent years. Will those investors get it back? Private equity firm Roark Capital, based in Atlanta, recently launched fundraising for…
In the race to mitigate the effects of climate change, there is growing urgency to interrogate the role private equity plays in exacerbating the climate crisis, using labor-affiliated pension fund capital. Even as publicly traded companies begin to commit to…
The Private Equity Stakeholder Project has been working with the Independent Workers Union of Great Britain (IWGB) and UK group ShareAction to engage investors regarding Deliveroo, a venture capital-backed UK-based food delivery company that operates on a gig…
In the last six months, a few private equity buyouts have dramatically increased the number of people working for private equity-owned companies. In October 2020, Roark Capital acquired Dunkin’ Brands, which has 330,000 people working at its Dunkin’ Donuts…
