Wall Street is stealing from volunteer fire departments https://tankie.tube/videos/watch/c7004e72-2c9c-4b12-8423-a3555ce80832 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 Resources and links: Key Insights for Private Equity on the One Big Beautiful Bill Act https://www.eisneramper.com/insights/tax/private-equity-insights-obbba-0725/ New York Times, Private Equity Finds a New Source of Profit: Volunteer Fire Departments https://www.nytimes.com/2025/12/14/us/fire-department-software-private-equity.html Wall Street Journal, Private Equity Spends Heavily in 2024 Election https://www.wsj.com/articles/private-equity-spends-heavily-in-2024-election-3b254038 https://www.eso.com/ How the One Big Beautiful Bill Act Impacts Private Equity https://warrenaverett.com/insights/one-big-beautiful-bill-private-equity/ What they’re saying: Senators, IAFF press apparatus manufacturers over delays and costs https://www.iaff.org/news/what-theyre-saying-senators-iaff-press-apparatus-manufacturers-over-delays-and-costs/ Sounding the Alarm: America’s Fire Apparatus Crisis https://www.hsgac.senate.gov/subcommittees/dmdcc/hearings/sounding-the-alarm-americas-fire-apparatus-crisis/ Substack, Did a Private Equity Fire Truck Roll-Up Worsen the L.A. Fires? https://www.thebignewsletter.com/p/did-a-private-equity-fire-truck-roll Chinese factories build fire trucks for $400,000 in six weeks. In the US it's $2 million in 4 years https://youtu.be/78nZ-JJNmzQ Thu, 09 Apr 2026 09:27:58 GMT https://validator.w3.org/feed/docs/rss2.html PeerTube - https://tankie.tube Wall Street is stealing from volunteer fire departments https://tankie.tube/lazy-static/avatars/3ba3ff73-a8b6-49c9-add8-9653ef090c7f.webp https://tankie.tube/videos/watch/c7004e72-2c9c-4b12-8423-a3555ce80832 All rights reserved, unless otherwise specified in the terms specified at https://tankie.tube/about and potential licenses granted by each content's rightholder.