Explore the issues
Find more information on the issues deeply affected by private equity investments:
Platinum Equity Still Owns Prison Phone Company Securus as it Embarks on Fundraising
Private equity firm Platinum Equity owns Aventiv Technologies, the parent company of prison and jail phone and communications company Securus, as well as JPay and AllPaid, which provide money transfer services for incarcerated people and their families. Worth Rises’…
Resilience Force Calls Upon Blackstone to Meet with SERVPRO Workers and Improve the Disaster Recovery Industry
Resilience Force has been working for the last two years with workers employed by SERVPRO franchisees and their subcontractors, and other disaster recovery companies. SERVPRO is a Blackstone-owned disaster restoration company with a track record of high-risk practices that…
How Will KKR Apply Its ESG Policy at Newly Acquired Refresco?
Private equity firm KKR recently acquired a majority stake in Refresco, the world’s largest independent bottling company. Refresco produces beverages such as BodyArmor Sports Drink for Coca-Cola, Gatorade for Pepsi, Arizona Iced Tea, and Tropicana juices. KKR touts its…
Cashing in on Climate Chaos: CleanupCarlyle.org
The private equity industry has pumped hundreds of billions of dollars into fossil fuel companies with minimal public scrutiny. The Carlyle Group has one of the largest portfolios of dirty energy companies among the diversified private equity firms, as…
Large Private Equity Firms Continue to Expand their Footprints in Healthcare During the COVID-19 Pandemic
Large private equity firms have continued to leave a major economic footprint in the healthcare industry. Since 2009, private equity investment in healthcare has outpaced the rate of private equity investments in general. According to data provider Pitchbook, investment in…
Private Equity at Home: Wall Street’s Incursion into the Home Healthcare and Hospice Industries
As the pandemic continues to change the way Americans view healthcare, the home healthcare and hospice industries continue to proliferate as viable alternatives to traditional nursing homes and hospitals. The growth of these industries has made them attractive targets for…
PE-Owned Aspen Dental Faces Yet Another Investigation for Deceptive Practices
The State of Massachusetts is suing private-equity-owned Aspen Dental Management for deceptive practices, alleging that the company has “has cheated thousands of Massachusetts consumers through a series of bait and switch dental advertising campaigns in a variety of media,…
Private Equity Health Care Acquisitions – February 2022
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…
Washington Post: Sen. Warren demands profit and rent figures from companies following Pandora Papers revelations
After recent critical media coverage of private equity firms’ behavior in the housing market as revealed by the Pandora Papers, Sen. Elizabeth Warren sent letters to Progress Residential, Invitation Homes and American Homes 4 Rent, companies and…
Atlanta Journal Constitution: Investor payouts put Sterigenics in tenuous financial position as pressure mounts
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…
The American Prospect: Private Equity’s Favorite Failing Coal Plant
A special report in The American Prospect examined the tumultuous history of a string of private equity investors in coal-fired power plant Longview Power. The article says, “The coal plant’s roller-coaster history is a testament to the enduring appeal of…
