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A newly launched, trending website lets diners search which New York City restaurants are owned by private equity firms rather than independent operators. The tool compiles ownership data so consumers can see which establishments have been acquired by investment firms.
Apple has confirmed that some iPhone models are experiencing a significant issue when paired with certain other devices, according to reporting. Details of the exact models and nature of the defect were not fully specified in available coverage.
Pet owners across the US report escalating veterinary bills as private equity firms and corporate chains acquire independent veterinary practices. The consolidation trend has left some owners facing difficult decisions about emergency treatment for their animals, including a Pennsylvania man whose cat suffered a seizure in 2024.
Dennis Crowley, co-founder and former CEO of Foursquare, wrote in a blog post that neither preferred nor common stockholders received any payout when advertising company Infillion acquired the location-data platform last month at an undisclosed price. Crowley said he was heartbroken by the outcome, noting Foursquare had raised over $411 million and once posted consecutive years above $100 million in revenue before its consumer app shut down in 2024.
A Health Services Research analysis led by Marko Vujicic examined dental practices acquired by private equity firms, finding PE investment in dentistry has grown sharply since 2013, totaling about $4.4 billion between 2004 and 2021. The study found PE-owned offices tend to employ younger dentists, operate in less rural areas, and differ from non-PE practices in submitted charges and staffing patterns before and after acquisition.
In an episode of Grit Rising, Tide Rock founder and CEO Ryan Peddycord discusses the leadership traits he believes distinguish effective CEOs and outlines his firm's investment approach, which relies on permanent capital and avoids bank debt while targeting resilient B2B companies. Peddycord, who previously led Business.com as CEO and chairman, also speaks about transparency practices within the private equity industry.
As NFL franchise valuations surge—highlighted by the Seattle Seahawks' recent $9.6 billion sale to a group led by Vinod Khosla—the Green Bay Packers' unique community-owned structure is being spotlighted as an alternative to billionaire and private-equity control. The Packers remain the NFL's only publicly owned team, with no single owner able to sell the franchise for personal profit.
Citi is shortening its investment banking analyst program from three years to two, speeding up the path from analyst to associate. Co-head of North America investment banking David Friedland said the change aligns Citi with promotion timelines at some rival banks and comes as private equity firms increasingly recruit junior bankers early in their careers.
A franchise disclosure document from Jamba Juice reveals that 130 franchise agreements have ended over the last three years, contributing to a shrinking store count nationally. The private equity-backed smoothie chain disclosed the terminations as part of standard franchise filing requirements.
Sen. Elizabeth Warren and 12 congressional co-sponsors introduced federal legislation modeled on an Oregon law to prohibit private equity firms, insurers and management services organizations from owning or controlling medical practices. The bill responds to a sharp increase in corporate ownership of physician practices, which has climbed from 62 percent to over 80 percent of doctors employed by corporate entities in seven years.
Private equity firm Silver Lake is combining two of its portfolio companies, French business software maker Cegid and payroll platform Silae, into a single entity valued at over 10 billion euros. The merged company will unite payroll, accounting, e-invoicing and finance data under one roof, with a 1,400-person developer team dedicated to AI investment. The deal is expected to close in the first half of 2027 pending regulatory approval, with combined annual revenue projected at 1.9 billion euros.
Dick Portillo opened a hot dog stand in Chicago in 1963 with just $1,100, despite not knowing how to prepare a hot dog, and grew it into the Midwest's largest privately owned restaurant chain with 4,000 employees. In 2014 he sold Portillo's to private equity firm Berkshire Partners for nearly $1 billion, using the proceeds to buy a mansion, a private jet and a Florida waterfront home.