Find more information on the issues deeply affected by private equity investments:
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…
The Guardian exposed how things deteriorated soon after OpenGate Capital acquired Hufcor, a family-owned company founded in Janesville 120 years ago. Workers told reporter Steve Greenhouse, “They basically told us ‘We don’t want to get to know you.’” In late…
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 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 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…
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…
