Find more information on the issues deeply affected by private equity investments:
Department store chain J.C. Penney filed for bankruptcy in May with 846 stores and 85,000 employees at the time of the filing. Earlier this week, current and former employees of multiple private equity-owned retailers sent a letter to…
Data released by the US Small Business Administration on its Paycheck Protection Program (PPP) reveals that large private equity-owned dental services company Aspen Dental Management received PPP loans. The PPP program was created to provide relief to small businesses…
Data released by the US Small Business Administration on its Paycheck Protection Program (PPP) reveals that large private equity-owned dental services company Aspen Dental Management received PPP loans. The PPP program was created to provide relief to small businesses…
Private equity firm Leonard Green & Partners and other owners have collected $658 million in fees and dividends from safety net hospital chain Prospect Medical Holdings in the last several years. Prospect owns 17 hospitals in 5 states: California, Connecticut,…
Leonard Green & Partners owns Prospect Medical Holdings, a safety net hospital chain that operates seventeen hospitals in five states. Over the course of their ownership, Leonard Green and other owners have collected at least $658 million in fees and…
Over the last decade at least 600,000 people working at private equity-owned retailers have lost their jobs due to bankruptcies and store closures. Over the last decade at least 600,000 people working at private equity-owned retailers have lost their…
Earlier this week, lawmakers from California, Pennsylvania, Connecticut, Texas and Rhode Island sent a letter to private equity firm Leonard Green & Partners regarding its investment in safety net hospital company Prospect Medical Holdings, which owns hospitals in California,…
H.I.G. Capital’s prison and detention health care provider Wellpath and its predecessors Correct Care Solutions and Correctional Medical Group companies have faced concerns for years about whether the company provides sufficient and adequately trained healthcare staff at facilities it…
Multiple cases appear to violate federal CARES Act eviction moratorium While the COVID-19 pandemic has kept people at home, private equity firm Starwood Capital, one of the largest apartment owners in the United States, has filed dozens of complaints to…
Members of Congress have sent a letter to Leonard Green & Partners asking the firm return the $658 million in fees and dividends it and other owners collected from safety net hospital chain Prospect Medical Holdings. A copy of…
