2023 Monthly Acquisitions Blog Posts
2023 Monthly Acquisitions Blog Posts For more information about last year’s private equity acquisitions in healthcare, check out our 2023 monthly acquisitions blog posts: January 2023 February 2023…
Explore the issues
Find more information on the issues deeply affected by private equity investments:
Tampa Bay Times : Tampa tenants say Pretium Partners-owned Progress Residential puts profits ahead of renters
A new investigative series by the Tampa Bay Times reveals that the largest landlords in the Tampa Bay area are investment firms, including Pretium Partners-owned Progress Residential. Of the 27,000 homes owned by large…
Blackstone and the Gavin Coal Plant
Blackstone must retire the nation’s deadliest coal plant The world’s largest private equity firm owns one of the US’s largest and dirtiest coal plants, General J Gavin Coal Plant in Ohio. Since Blackstone acquired Gavin in 2016 from the…
Blackstone’s Packers Sanitation continues to put workers and investors at risk
A year ago, in February 2023, Blackstone-owned Packers Sanitation paid $1.5 million in civil money penalties after the U.S. Department of Labor’s (DOL’s) Wage and Hour Division found the company employed at least 102 children – some…
New York Times : Advocates say PE-endorsed employee-ownership model doesn’t do enough for workers
A recent New York Times article analyzed the rise of Ownership Works, an employee-ownership model that purports to “share the wealth” with employees of portfolio companies owned by private equity firms. …
Axios : Biden’s LNG pause tees up pre-election risks
President Biden’s decision to halt liquefied natural gas (LNG) export approvals has sparked political and business repercussions ahead of the 2024 election. The Energy Department’s freeze on new permits is being seen through the lens of the ongoing political…
Westinghouse union-busting violates Brookfield’s policies and commitments to investors
Since July 2023, PESP has been keeping track of union-busting tactics and alleged unfair labor practices occurring at the Brookfield-owned Westinghouse plant in Hopkins, South Carolina. The company’s efforts have already been the…
Don’t let Blackstone use your money to put Texas tenants at risk, advocates tell investors
Citing Blackstone’s history of raising rents and evicting tenants, advocates implore TRS to stop the firm from acquiring SFR company Tricon Residential At today’s meeting of the Teacher Retirement System of Texas (TRS), the Private…
KKR-owned Spur Energy pollutes New Mexico communities
“Our communities are heavily influenced by multi-billion dollar corporations and private equity giants such as KKR. It is truly David vs. Goliath when it comes to the work we do.” – Kayley Shoupe, Carlsbad…
Advocates to Investors: Don’t let Blackstone use your money to put tenants at risk
Citing Blackstone’s history of raising rents and evicting tenants, advocates implore pension funds to stop the firm from acquiring SFR company Tricon Residential Ahead of today’s meeting of the Los Angeles County Employees Retirement Association (LACERA), the…
Antitrust enforcement and consolidation in veterinary medicine
Private equity consolidating veterinary providers In recent years, private equity has entered into the highly fragmented veterinary care industry. There has been a growing trend towards consolidation in veterinary care across the U.S., especially in emergency and specialty services.
How Private Equity Gets Its Cut from Medicare Advantage
This report examines the role of private equity in the growing multibillion-dollar Medicare Advantage industry. With a rapidly aging population in the US, and therefore growing market for Medicare Advantage products, the MA sector has…
