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Coronavirus economic impact
US prisons in a hole as pandemic slows inmate flow
...Dave Abel, who took over as Securus chief executive in January, said the alleged conduct “does not reflect the practices, policies or values of Securus today”....
July 6, 2020
Private equity
PE firms pushed to offload prison company investments
...Among them is Securus, owned by Platinum Equity, which operates prison telephone systems, and said it was “proud to offer technology and services that keep incarcerated individuals connected with family...
February 10, 2019
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...(FT) Platinum’s prison phones Buyout firm Platinum Equity has come under fire for profiting from mass incarceration through its investment in Securus Technologies, a phone company accused of exploitative...
May 17, 2019
Due Diligence
DD Exclusive: Interview with Adam Tan, CEO of HNA Group Premium content
...(WSJ) Making money off of doing time: Private equity billionaire Tom Gores — head of Platinum Equity — is coming under fire for his firm’s $1.6bn bid for Securus Technologies, which provides telephone services...
July 25, 2017

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