Find more information on the issues deeply affected by private equity investments:
Proposed deal would have hurt consumers, workers, say advocates Yesterday, a federal judge blocked the $24.6 billion acquisition of grocery chain Albertsons by rival grocery Kroger, siding with the Federal Trade Commission in its argument that…
Potential Walgreens buyer Sycamore Partners has history of bankruptcies and workplace violations This week, a potential acquisition of national pharmacy company Walgreens by private equity firm Sycamore Partners was first reported by the Wall Street Journal. The nonprofit watchdog…
Private equity profiting from U.S. medical debt PESP published a report in September detailing how private equity both profits from and contributes to the $220 billion U.S. medical debt crisis through the ownership of revenue cycle management (RCM) companies.
PESP reflects on the progress and challenges in regulating private equity’s healthcare business practices The Private Equity Stakeholder Project (PESP) today released a comprehensive report detailing the legislative and regulatory actions taken across the United States in response…
As PESP has written about, RealPage remains the subject of an ongoing Department of Justice lawsuit, along with over 30 class action lawsuits. RealPage has been accused of…
Wall Street watchdog PESP outlines state and local policy options for mitigating the impact of private equity and other institutional investors The Private Equity Stakeholder Project released the fourth installment of its Tools for Tackling Corporate Landlords…
Feinberg could lead DOD after Cerberus-owned Dyncorp paid over $9 million to resolve DOJ lawsuits This week, it was reported that President-elect Donald Trump selected Stephen Feinberg to be his deputy Defense secretary. Feinberg is the Co-Founder, Co-Chief…
A new report released by the Private Equity Stakeholder Project (PESP) examines how a handful of private equity firms are playing an outsized role in the deportation and surveillance of millions of immigrants in the United States.
Each month, PESP’s Healthcare Team will be putting together a roundup that shares the latest news stories related to private equity in healthcare and highlights the work that our team has published in the last month. In the news…
At least five private equity-owned laboratory companies have reached multimillion-dollar settlement payments since 2015 to resolve claims that they allegedly billed federal healthcare programs, including Medicare and Medicaid, for conducting excessive and medically unnecessary drug tests. These settlements combined total…
As a pre-Thanksgiving outbreak of E. coli linked to carrots has left one person dead and dozens more sickened, private equity-owned Grimmway Farms has come under scrutiny. Owned by Zionsville, Indiana-based private equity firm Teays River Investments, Grimmway Farms is…
PESP Statement on Consideration of Apollo Global Management CEO Marc Rowan for Secretary of the Treasury Earlier this week, news broke that Marc Rowan, CEO of private equity firm Apollo Global Management, is a top contender for the…
