Private Equity #Fire Truck firm worsens LA Fires
Increasing prices caused by #private #equity firm American Industrial Partners consolidating fire truck industry. forcing up prices
#AIP bought multiple #FireRruck manufacturers & rolled them up into conglomerate called #REV Group
AIP made show of allowing these manufacturers to continue operating independently, in fact it quickly moved to operate them as a single firm
Not competitive
https://www.thebignewsletter.com/p/did-a-private-equity-fire-truck-roll