Inside China Business - 28 dic 2025
US Private Equity firms are targeting volunteer fire departments, and the software these first responders rely on.
A handful of PE companies are snapping up affordable software providers in the emergency response space, consolidating them, then aggressively raising prices.
Most fire departments in the United States are made up of volunteers, and are budget-constrained. But Wall Street investors are enjoying huge profits, by tripling annual fees on departments, and buying and shutting down more affordable providers.
Closing scene, Hengdian, Zhejiang
👉🏽 You can access to the transcript of this video at the following link:
https://kdwalmsley.substack.com/p/wall-street-is-stealing-from-volunteer?r=4pow86
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