private equity firms

Senator Elizabeth Warren has introduced legislation that would prohibit private equity firms from owning medical practices. The bill targets growing private equity acquisitions of physician groups, a trend critics link to higher prices, staffing cuts and degraded patient care. Commenters online are debating whether ownership restrictions would protect patients or overreach into healthcare markets, with many supporting the ban and others questioning its feasibility.

HGGC is a private equity firm based in Palo Alto, California, that invests in middle-market companies, with a particular focus on technology and services businesses. The firm pursues buyouts and growth investments in mid-sized companies across these sectors, positioning itself as an active investor in the middle-market technology and services space.

Private equity firm The Riverside Company has signed a definitive agreement to invest in Converge International, a provider of workplace mental health and wellbeing services. The deal, announced via a press release, signals continued investor interest in the corporate mental health sector, which has grown as employers expand support programmes for employee wellbeing.