Find more information on the issues deeply affected by private equity investments:
Private equity firm BC Partners owns pet retailer PetSmart, which has 56,000 employees at more than 1,600 locations throughout the US and Canada. PetSmart is the majority owner of fast-growing online retailer Chewy.com (NYSE: CHWY). Just as the COVID-19 pandemic…
Department store chain J.C. Penney filed for bankruptcy in May, closing a number of stores and laying off workers. Private equity firm Sycamore Partners, which also owns retailers Staples, Belk, and The Limited,…
Private equity firm Leonard Green & Partners owns safety net hospital chain Prospect Medical Holdings. In response to the increasing scrutiny of Leonard Green’s actions at the hospital company, including of Leonard Green and other owners…
Department store chain J.C. Penney filed for bankruptcy in May with 846 stores and 85,000 employees at the time of the filing. Earlier this week, current and former employees of multiple private equity-owned retailers sent a letter to…
Over the last decade at least 600,000 people working at private equity-owned retailers have lost their jobs due to bankruptcies and store closures. Over the last decade at least 600,000 people working at private equity-owned retailers have lost their…
Members of Congress have sent a letter to Leonard Green & Partners asking the firm return the $658 million in fees and dividends it and other owners collected from safety net hospital chain Prospect Medical Holdings. A copy of…
Last week, Private Equity Stakeholder Project sent letters to states’ Attorneys General and other regulators in states where Prospect Medical Holdings owns hospitals. Prospect Medical Holdings is a safety net hospital company owned by private equity firm Leonard Green &…
Private equity firm Leonard Green & Partners owns safety net hospital chain Prospect Medical Holdings. The Leonard Green-led ownership group has drawn $658 million dollars in fees and dividends from Prospect Medical Holdings even as the hospitals suffered operating…
Over the last decade at least 600,000 people working at private equity-owned retailers have lost their jobs due to bankruptcies and store closures. Just since last summer, private equity-owned retailers such as Fairway, Art Van Furniture, and…
(pdf version) Over the last several years, the private equity and private funds industry has grown dramatically and, in the process, has come to touch more and more aspects of people’s lives. Private market assets under management hit an…
Private equity firm Cerberus Capital Management owns grocery retailer Albertsons-Safeway, the largest private equity-owned company in the United States and the second largest grocery retailer, employing around 270,000 workers. Albertsons-Safeway is reportedly considering an IPO amid…
In January, the Wall Street Journal reported that Cerberus Capital Management and other private equity owners of grocery retailer Albertsons are looking to take the company public through a $19 billion IPO. Albertsons is the largest private equity-owned employer in…
