Find more information on the issues deeply affected by private equity investments:
TPG Capital Partners with RV Horizons to Purchase 78 Manufactured Home Communities Based in San Francisco, California and Fort Worth, Texas, TPG Capital is a private equity firm with over $119 billion in assets under management. TPG has an extensive…
Over the past few decades, the number of Americans incarcerated in jails has swelled, contributing significantly to the nation’s mass incarceration crisis. On any given day, more than 400,000 people are in jail even though they have not been convicted…
Private equity firm Cerberus Capital Management owns grocery retailer Albertsons-Safeway, the largest private equity-owned company in the United States and the second largest grocery retailer, employing around 270,000 workers. Albertsons-Safeway is reportedly considering an IPO amid…
In December, private equity firm KKR announced it was acquiring a significant equity interest in the Coastal GasLink Pipeline project in Canada. According to media reports, KKR’s investment in the project has not yet closed –…
Private equity firm Leonard Green & Partners owns Prospect Medical Holdings, a healthcare company operating hospitals and clinics in California, Connecticut, New Jersey, Pennsylvania, Rhode Island, and Texas. Leonard Green is now trying to quietly walk away from Prospect after…
American Securities’ GTL, the largest correctional telephone and communications provider, has faced scrutiny for exorbitant phone and video-calling rates, flaunting legal protections, allegedly bribing government officials, and growing regulatory risk. Full report available here. Key Points: American Securities’ ownership…
Private equity firm Platinum Equity owns Securus, one of the largest prison and jail phone and communications companies. Securus has drawn criticism from advocates for charging exorbitant fees and call rates to families with incarcerated relatives, costs that disproportionately…
In January, the Wall Street Journal reported that Cerberus Capital Management and other private equity owners of grocery retailer Albertsons are looking to take the company public through a $19 billion IPO. Albertsons is the largest private equity-owned employer in…
Last year, we looked at Cerberus Capital Management’s investment in grocery retailer Albertsons-Safeway, one of the largest private equity-owned companies in the United States by employees. We recently took a closer look at the investment performance of Cerberus’ recent…
In late October, Gerard Boyle, the founder of Wellpath, a prison and detention healthcare company owned by private equity firm HIG Capital, was indicted on federal bribery charges along with Robert McCabe, the former Norfolk, Virginia Sheriff. According…
In buying up and combining two correctional service companies, Trinity and Keefe, HIG Capital’s TKC has an incentive to serve poor quality meals, which have been blamed in part for protests, contract terminations, and increased public health risks. Our new…
Investments by private equity firms in the health care industry have surged in recent years and continue to grow. In 2018, the value of private equity deals in health care reached a record-breaking $31 billion for 388 transactions. Globally, health…
