Find more information on the issues deeply affected by private equity investments:
Group calls it a win for consumers and workers; Albertsons owner Cerberus recently received a failing grade in first-ever labor scorecard Statement by Justin Flores, Labor-Jobs Director at the Private Equity Stakeholder Project (PESP),…
A year ago, in February 2023, Blackstone-owned Packers Sanitation paid $1.5 million in civil money penalties after the U.S. Department of Labor’s (DOL’s) Wage and Hour Division found the company employed at least 102 children – some…
Since July 2023, PESP has been keeping track of union-busting tactics and alleged unfair labor practices occurring at the Brookfield-owned Westinghouse plant in Hopkins, South Carolina. The company’s efforts have already been the…
Citing Blackstone’s history of raising rents and evicting tenants, advocates implore pension funds to stop the firm from acquiring SFR company Tricon Residential Ahead of today’s meeting of the Los Angeles County Employees Retirement Association (LACERA), the…
Tentative Agreement between CWA/TNG Local 37074 and the Private Equity Stakeholder Project is unanimously ratified by bargaining unit members On November 14, 2023 the Private Equity Stakeholder Project Staff Union (PESP-SU), a bargaining unit within the Denver News Guild, CWA/TNG…
Private equity firm Brookfield owns nuclear supplier Westinghouse. In July, reports surfaced of Westinghouse management paying for third party created videos, leaflets, and other materials distributed to the workforce to discourage union membership, as well as coercive statements, rules,…
In August of this year, Roark Capital announced plans to acquire the U.S. sandwich chain Subway for nearly $10 billion. Roark Capital’s acquisition of Subway greatly expands the firm’s global presence as a fast food franchisor – Subway has…
In the midst of a lawsuit alleging violations of workers’ rights, the Ostrom Mushroom Farm of Sunnyside, Washington – “the largest producer of mushrooms in Washington State and a proud USA company” – has been sold…
Private equity firm Advent International owns hotel operator Aimbridge Hospitality. On October 23, the Los Angeles Times reported on evidence that migrant workers bussed from Texas were found working at Los Angeles and Santa Monica hotels during a…
Newly released investigation finds all eleven of the largest firms received grades of “C” or lower, with seven earning failing grades. On November 13, 2023, the Private Equity Stakeholder Project released a first-of-its-kind Private Equity…
Workers at private equity firm The Blackstone Group‘s Fairfield and Aloft LAX/El Segundo and Sheraton Phoenix hotels walked off the job last Wednesday. The strike comes after a negotiation meeting last week in which a group of hotel…
Roark Capital is one of the largest private equity employers with an estimated 1.4 million employees, the majority of which work in food service. Roark’s acquisition of Subway greatly expands the firm’s global presence as a fast food…
