hypebot
boosted
jbz
boosted
🤑 Greed, the ultimate backdoor
｢ Within a few years, Ivanti, saddled with $2.8 billion in debt, was slashing budgets and gutting teams across the company, including the VPN division. That left Connect Secure and its more than 20,000 customers vulnerable, according to public documents and the former employees ｣
🤑 Greed, the ultimate backdoor
｢ Within a few years, Ivanti, saddled with $2.8 billion in debt, was slashing budgets and gutting teams across the company, including the VPN division. That left Connect Secure and its more than 20,000 customers vulnerable, according to public documents and the former employees ｣
Esther Payne :bisexual_flag:
and 2 others
boosted
Why are private equity investors buying up fostering agencies & homes in England?
Well, if you think its because they have a better idea of how to support & enhance the well-being of vulnerable your people, you're an incurable optimist.
What the PE firms see is a sector where fee income can be increased easily & money siphoned out of the system to feed investors' 'need' for returns.
Once again we are seeing profiteering on the backs of the vulnerable!
#children #PrivateEquity
h/t Observer
Why are private equity investors buying up fostering agencies & homes in England?
Well, if you think its because they have a better idea of how to support & enhance the well-being of vulnerable your people, you're an incurable optimist.
What the PE firms see is a sector where fee income can be increased easily & money siphoned out of the system to feed investors' 'need' for returns.
Once again we are seeing profiteering on the backs of the vulnerable!
#children #PrivateEquity
h/t Observer
They Call It "Private Equity". It's Legal Theft
https://www.founderstowne.com/
#HackerNews #PrivateEquity #LegalTheft #Finance #Ethics #Investment
Private equity firms acquired more than 500 autism centers in past decade: study
https://www.brown.edu/news/2026-01-07/private-equity-autism-centers
#HackerNews #PrivateEquity #AutismCenters #HealthcareInvesting #MentalHealth #Study #2026
Private equity is killing private ownership: first it was housing, now it's PCs
#HackerNews #PrivateEquity #PrivateOwnership #Housing #PCs #TechNews
Dan Gillmor
boosted
“In 2026 will Americans🚨finally turn against #Oligarchs? Americans are noticing #PrivateEquity roll-ups in everything from youth sports to fire trucks to #BigTech. Is a genuine anti-monopoly revolt finally brewing?”
“So excited that K Van Dyck’s Cong testimony on the harmful effects of PE roll-ups in youth sports has gone viral.⚡️The impact of her test +the anti-oligarchy zeitgeist it unleashed—masterfully highlighted in MS’s⬇️”
-M Singer
#Kleptocracy #Uprising #USPol
https://www.thebignewsletter.com/p/the-case-for-optimism-in-the-next
“In 2026 will Americans🚨finally turn against #Oligarchs? Americans are noticing #PrivateEquity roll-ups in everything from youth sports to fire trucks to #BigTech. Is a genuine anti-monopoly revolt finally brewing?”
“So excited that K Van Dyck’s Cong testimony on the harmful effects of PE roll-ups in youth sports has gone viral.⚡️The impact of her test +the anti-oligarchy zeitgeist it unleashed—masterfully highlighted in MS’s⬇️”
-M Singer
#Kleptocracy #Uprising #USPol
https://www.thebignewsletter.com/p/the-case-for-optimism-in-the-next
Rot in Private Equity — The right words
“Buyout firms have struggled to sell companies they own and have instead found a workaround to get cash back to clients: Selling the companies to themselves…
Some firms are pushing out the sales timeline even further. This year, private equity firms including Accel-KKR have started selling their companies from one continuation vehicle to another.
The industry calls these new funds “CV-squared.”
#GiftLink #NYTimes #PrivateEquity
https://www.nytimes.com/2025/12/24/business/private-equity-continuation-funds.html?unlocked_article_code=1._E8.qLkn.HDZ4CkdtX8K8&smid=nytcore-ios-share
Private Equity Finds a New Source of Profit: Volunteer Fire Departments
https://www.nytimes.com/2025/12/14/us/fire-department-software-private-equity.html
#HackerNews #PrivateEquity #VolunteerFireDepartments #ProfitFireServices #FireDepartmentFunding #NewsAnalysis
Mre. Dartigen [maker mode]
boosted
El Jannah, the Lebanese chicken chain famous for its garlic sauce, has reportedly been acquired by a New York private equity firm in a blockbuster deal valued at close to $1bn, according to The Financial Review.
Enshittification will now roll on out. Loaded up with debt, the staff will be farked over for wages, quality of ingredients will dive.
El Jannah, the Lebanese chicken chain famous for its garlic sauce, has reportedly been acquired by a New York private equity firm in a blockbuster deal valued at close to $1bn, according to The Financial Review.
Enshittification will now roll on out. Loaded up with debt, the staff will be farked over for wages, quality of ingredients will dive.
@unusual_whales #privateequity scheme? (buy a company load it with debt, extract, let it go broke)
Kevin Carson
and 1 other
boosted
Walgreens, bought out by private equity, is now cutting pay and corporate staff.
4 media
