Find more information on the issues deeply affected by private equity investments:
Last week Kohl’s shareholders rejected a bid from activist investors to take over the board, voting to leave the company’s board of directors intact. Earlier this year private equity firms Sycamore Partners and Leonard Green & Partners made offers…
Private Equity Stakeholder Project Jim Baker was a recent guest on Nick Hanauer’s Pitchfork Economics podcast. Pitchfork Economics’ host Hanauer interviews economic and political thinkers in an exploration of society’s growing inequality. Baker explained the private equity’s growth and the…
Kaiser Health News (KHN) reported how from 2010 to 2019, there was a large increase in private equity companies buying up nursing homes, along with other investments in healthcare – anywhere from 5% to 11% of nursing homes nationwide.
In 2019, KKR bought BrightSpring Health Services, one of the nation’s largest group home operators, “consisting of more than 600 residential facilities serving thousands of people with severe intellectual or developmental disabilities, some of whom cannot speak, wash, or feed…
Demand for mental health services is rising as more people deal with pandemic-related challenges, “making the sector ripe for investment.” The Wall Street Journal (WSJ) reported that “Venture capitalists and private-equity firms are pouring billions of dollars into mental-health…
NBC News provided exclusive coverage of The Private Equity Stakeholder Project’s new report, Profit Over Safety: Private Equity’s Leveraged Bet on Packers Sanitation. The report details how The Blackstone Group’s Packers Sanitation Services Inc (PSSI), which specializes in cleaning…
Kaiser Health News investigated reasons why there is such a shortage of beds available for South Carolina’s children in need of mental health support. A key reason was driven by the profit motive of private equity firms that own the…
Crain’s explored how a “big Chicago-area doctor’s group and its private-equity backers are squaring off with a downstate hospital in a fight with potentially big implications for Illinois’ health care industry.” Crain’s Chicago Business, April 11, 2022: Hospital brawl…
Stat reported how it is essential to closely monitor potential fraud by private equity firms that are “further encroach[ing] upon the health care industry” so that “patients’ best interests are protected and prioritized.” Stat, March 24, 2022: Private equity,…
McKnights Home Care and Common Dreams reported on the Private Equity Stakeholder Project’s latest report, “Private Equity at Home: Wall Street’s Incursion into the Home Healthcare and Hospice Industries.” The report reveals how for-profit home health and hospice agencies…
In light of the growing investor interest in healthcare and the risks associated with private equity ownership of healthcare companies, the Private Equity Stakeholder Project will be tracking private equity-backed healthcare acquisitions. Below is a list of private equity…
The Atlanta Journal Constitution (AJC) published an expose of private equity-owned Sterigenics: “Over the last three years, hundreds of cancer patients in Georgia and Illinois have sued the company, claiming that ethylene oxide emissions from its plants caused their…
