Find more information on the issues deeply affected by private equity investments:
In light of the growing investor interest in health care and the risks associated with private equity ownership of health care companies, the Private Equity Stakeholder Project will be tracking private equity-backed health care acquisitions. Below is a list…
Private equity firm BC Partners has drawn a lot of media attention recently. In October, BC Partners faced a rebuke from lenders and was unable to refinance retailer PetSmart, pulling the plug on its $4.6 billion bond and…
On September 1, the US Centers for Disease Control and Prevention (CDC) announced a moratorium on residential evictions through the end of the year to help limit the spread of COVID-19, noting: “In the context…
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…
The Rhode Island Attorney General and Department of Health, which are reviewing Leonard Green’s application to exit its majority stake in the embattled hospital system, in late October extended their review process for a change in…
As the COVID-19 pandemic wears on, private equity investment in health care continues to outpace the broader industry, and analysts expect that trend to continue. The sector has remained resilient to the pandemic and private equity deal activity is steadily…
Filling in the Gaps on Blackstone’s energy investments Key Points – Private equity firm The Blackstone Group recently released a brochure describing its environmental, social, and governance (ESG) program that left out information about the firm’s extensive fossil fuel…
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,…
After briefly halting the practice earlier this year, private equity firms’ use of dividend recapitalizations has seen a significant resurgence in recent weeks. Dividend recapitalizations are transactions where private equity firms add debt to the companies they own to pay…
Workers and community members in Waterbury, Connecticut are speaking out about ongoing problems at Prospect Medical Holdings’ Waterbury Hospital. Prospect is a safety net hospital chain owned by private equity firm Leonard Green & Partners. Leonard Green and other owners…
Oil company bankruptcies are on the rise, on track in the first nine months of 2020 to hit the highest number since the 2016 price downturn. However, compared to 2016, this year’s bankrupt companies are carrying substantially more debt.
On September 1, the US Centers for Disease Control and Prevention (CDC) announced a moratorium on residential evictions through the end of the year to help limit the spread of COVID-19, noting: “In the context of a pandemic,…
