Find more information on the issues deeply affected by private equity investments:
Despite calls from public officials and unions, companies have failed to address how they will support employees and manage risks Yesterday, security company GardaWorld bowed out of the bidding for giant rival G4S, setting the stage for Allied Universal, owned…
At its meeting last month, the New Mexico State Investment Council discussed the regulatory and headline risk associated with private equity firm Leonard Green & Partners’ actions at safety net hospital chain Prospect Medical Holdings. NM SIC is a…
In January, private equity firm Thomas H Lee Partners launched fundraising for its newest flagship buyout fund, Thomas H Lee Equity Fund IX, seeking to raise $4.25 billion. T.H. Lee has enlisted placement agent Rede Partners to aid…
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…
Apria Healthcare provides home respiratory therapy, home infusion therapy and home medical equipment. Private equity firm the Blackstone Group has owned Apria since it took the company private in October 2008.[i] In December, as the COVID-19 pandemic spiked in…
Private equity-backed companies comprised the majority of oil and gas producer bankruptcies in 2020. Of the companies that filed for bankruptcy last year, 57 percent are backed by private equity firms, or 26 of the 46 filings.[1] The high…
The nation’s largest corporate landlords received about $320 million in federal COVID-19 relief subsidies, but still filed thousands of evictions — even during the CDC moratorium. After months of research into eviction data and COVID-19 subsidies, Jobs With Justice…
The nation’s largest corporate landlords received about $320 million in federal COVID-19 relief subsidies, but still filed thousands of evictions — even during the CDC moratorium. After months of research into eviction data and COVID-19 subsidies, Jobs With Justice…
Treasurers Demand Public Input in Proposed Corporate Merger Creating the Third Largest Employer Private equity firms Warburg Pincus and BC Partners should explain how they will manage risks related to workers if they are successful in acquiring G4S, a security…
Private equity firm H.I.G. Capital’s mental health company Community Intervention Services (CIS) filed for bankruptcy earlier this month amid ongoing litigation alleging fraud by H.I.G. related to its ownership of the company. H.I.G. established Community Intervention Services in…
On Wednesday, January 6, 2021, Blackstone Group Chairman and CEO Stephen Schwarzman condemned the mob that stormed the US Capitol to disrupt the certification of election results, though he stopped short of condemning President Donald Trump’s role in inciting the…
The private equity-owned retailer’s market share has shrunk and staffing cuts mean employees are stretched Private equity-owned pet supply retailer Petco is seeking to raise $744 million this week through an initial public offering (IPO).[1] In recent months,…
