By Anna Von Reitz
Today, I got a message from a British reader informing me that (in regard to my article about peonage in our British-run jails titled "Prisons For Profit Run by Foreigners") Compass Group, PLC, sold off its interest in prison services to this multinational conglomerate:
There's just one problem --- this acquisition occurred in 2012 and in 2018, Compass Group, PLC, is still appearing as the owner operator of Trinity Services and not H.I.G. Capital.
Matt Sanford
Managing Director
msanford@higcapital.com
Managing Director
msanford@higcapital.com
Christopher Paldino
Principal
H.I.G. Capital
1450 Brickell Avenue
31st Floor
Miami, FL 33131
P 305.379.2322
F 305.379.2013
Most likely, as is very and unfortunately common, H.I.G. Capital swooped in, gained control of a portion of Compass Group, PLC. by acquisition, gained use of the name and logos, etc., associated with one part of Compass Group, PLC, and continues to use the Compass Group, PLC, name as a storefront for H.I.G. Capital.
Something similar happened when the U.S. Attorney General acquired Wells Fargo and continued to use the "Wells Fargo Bank" name and trademark to mask a securities corporation owned and operated by the US AG.
Who knows what H.I.G. Capital's stance on the Modern Slavery Act 2015 is?
