Find more information on the issues deeply affected by private equity investments:
In October 2022, grocery giant Kroger announced plans to buy competitor Albertsons for $24.6 billion. Albertsons announced an additional $4 billion dividend payout to investors, which would primarily go to a group of private equity and…
Earlier this month, a US District Court judge in Nebraska granted an injunction sought by the US Department of Labor to halt alleged “oppressive child labor” by Packers Sanitation Services Inc (PSSI), a cleaning company owned by private equity firm…
Sycamore Partners recently formed its new buyout fund and will likely be fundraising again in early 2023. We have reached out to Sycamore Partners multiple times to discuss how they can improve conditions for the workers they employ and those…
Jose Rivera, the Chief Boiler Operator at Refresco’s Wharton, NJ, plant and a member of his union’s contract negotiating committee, and Cesar Moreira, also a Refresco worker in the blend room and a member of his bargaining committee, joined with…
Private equity firms and the companies they own come in contact with students, teachers, administrators, and families in a variety of ways in the education sector. With the power to create educational content and administer tests, hire school…
Earlier this month, a US District Court judge in Nebraska granted an injunction sought by the US Department of Labor to halt alleged “oppressive child labor” by Packers Sanitation Services Inc (PSSI)[1], a cleaning company owned by private…
Amid pandemic closures, supply chain disruptions, and record inflation, the resilience of American retail will be tested this Black Friday. Typically, Black Friday marks the start of the holiday shopping season and is the single busiest shopping…
In October 2022, grocery giant Kroger announced plans to buy Albertsons for $24.6 billion.[1] In addition to profiting from the sale, Albertsons announced an additional payout to investors for November 7th that is not contingent on federal approval.
A delegation of workers from the Refresco bottling plant in New Jersey delivered petitions last week to the corporate headquarters of KKR, the private-equity firm that owns a majority stake in their company. Workers traveled to…
In March 2019, the private equity firm Blackstone Group’s Core Equity Partners Fund acquired SERVPRO, a disaster restoration company with headquarters in Tennessee, for $1 billion.[i] “We look forward to working with SERVPRO and its franchisees…
Cesar Moreira has been working at Refresco for eight years and is currently a member of his union’s Bargaining Committee. He is originally from Ecuador. He works in the Blend Room and helps make the drinks that are bottled and…
For the past two years, Kohl’s has been embroiled in proxy fights with the hedge fund Macellum Advisors. Macellum proposed an alternate slate of directors before the 2022 Annual Meeting, and…
