Experts raise alarm as firms aiming to maximise assets and sell for profit become more involved in vital public services
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‘Financial pandemic’: £1 in every £11 spent on UK public contractors goes to private equity
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Nurseries, vets and shops: the sectors where private equity plays a big role
Private equity companies have slowly and invisibly increased their involvement in public services – from elderly care homes to fostering placements for vulnerable children – with some unintended consequences.
Take Compass Community, a private equity-backed firm which provides children’s homes, fostering services and schooling for children with special educational needs (Send).
