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Reposted
Must-read story on how a private equity group cornered the fire truck market, doubling prices, causing massive delays and leaving departments across the county — including Los Angeles — without the resources needed to combat fires.
Did a Private Equity Fire Truck Roll-Up Worsen the L.A. Fires?
During the LA fires, dozens of fire trucks sat in the boneyard, waiting for repairs the city couldn't afford. Why? A private equity roll-up made replacing and repairing those trucks much pricier.
www.thebignewsletter.com
January 26, 2025 at 5:39 PM
Must-read story on how a private equity group cornered the fire truck market, doubling prices, causing massive delays and leaving departments across the county — including Los Angeles — without the resources needed to combat fires.