Find more information on the issues deeply affected by private equity investments:
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…
Private equity firm BC Partners has siphoned off billions of dollars from PetSmart, while leaving its workforce underpaid, overworked, and exposed to COVID-19. In 2015, BC Partners acquired PetSmart, the largest pet store chain in North America with over 1,600…
Roark Capital’s Inspire Brands division owns some of the largest fast-food chains: Dunkin’ Donuts, Arby’s, Jimmy John’s, Hardees, Buffalo Wild Wings, and Sonic. According to a recent Newsweek article, Sonic parent Inspire Brands, owned by Roark Capital, recently sent…
In its latest story on the impact of private equity on workers, Bloomberg describes how previously family-run furniture chain Art Van was sold in 2017 to private equity firm T.H. Lee to take over the retail operations. The business…
“In a deal like this, the ones who really bear the risk for that debt are the 800,000 workers around the world.” — Private Equity Stakeholder Project Executive Director Jim Baker. Earlier this week the American Prospect reported on…
PESP Executive Director Jim Baker was a guest speaker at UNI Global Union’s annual G4S Global Alliance forum, highlighting the amount of debt the British multinational will have if it is over by private equity firm Warburg Pincus and…
Despite calls from public officials and unions, companies have failed to address how they will support employees and manage risks Yesterday, security company GardaWorld bowed out of the bidding for giant rival G4S, setting the stage for Allied Universal, owned…
In January, private equity firm Thomas H Lee Partners launched fundraising for its newest flagship buyout fund, Thomas H Lee Equity Fund IX, seeking to raise $4.25 billion. T.H. Lee has enlisted placement agent Rede Partners to aid…
Treasurers Demand Public Input in Proposed Corporate Merger Creating the Third Largest Employer Private equity firms Warburg Pincus and BC Partners should explain how they will manage risks related to workers if they are successful in acquiring G4S, a security…
The private equity-owned retailer’s market share has shrunk and staffing cuts mean employees are stretched Private equity-owned pet supply retailer Petco is seeking to raise $744 million this week through an initial public offering (IPO).[1] In recent months,…
