‘Treating children like cattle’: what happens when private equity takes over a UK care home?

Experts raise alarm as firms aiming to maximise assets and sell for profit become more involved in vital public services‘Financial pandemic’: £1 in every £11 spent on UK public contractors goes to private equityNurseries, vets and shops: the sectors where private equity plays a big rolePrivate 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). Continue reading...