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/PRNewswire/ - Ontario Teachers' Pension Plan Board ("Ontario Teachers'"), today announced an agreement to acquire a majority stake in Vantage Elevator...
Finsbury Glover Hering and Sard Verbinnen merger confirmed. From PR Week
Corporate greed This spring, 166 workers in Janesville, Wisconsin awoke to a nightmare. OpenGate Capital, the private equity firm that owns their employer, Hufcor, announced it was moving their plant out of Janesville – taking those workers’ jobs and livelihoods with it. It’s the biggest business closure in Janesville since the Great Recession. This isn’t just another story about corporate globalization or pandemic upheaval. It’s a story about predatory private equity run amok. In too many cases with private equity, big firms acquire businesses and squeeze them for cash, routinely ...
Last modified on Sun 18 Jul 2021 03.01 EDT For most of her 36 years at the Hufcor factory in Janesville, Wisconsin, Kathy Pawluk loved working there, at least until a private-equity firm took over four years ago. There were Christmas parties and summer picnics, and workers could listen to the radio as they built accordion-style room partitions for convention centers and hotel ballrooms. âThey treated people like they were family, not a number,â said Pawluk, 62. âWe had the best health benefits. We had HR people who really cared about us.â But Pawluk said things deteriorate...
San Francisco, CA – June 21, 2021 – LiveVox Holdings, Inc. (“LiveVox” or the “Company”), a leading cloud-based provider of customer service and digital engagement tools, today announced that it completed its previously announced business combination with Crescent Acquisition Corp (“Crescent”) (formerly NASDAQ: CRSA), a publicly traded special purpose acquisition company, on June 18, 2021. Louis Summe, founder, and CEO of LiveVox, will continue to lead the business. The combined company will operate as LiveVox Holdings, Inc. and its Class A common stock, units and warrants wi...