Is Private Equity Plundering Your Pastime?
What do golf, horses, and healthcare have in common? Private equity, baby. And whether you're a patient, a practitioner, a player - or, goodness help you, all three - chances are you've experienced a change in service, quality, and delivery. Buckle up, Wendy and Matt have a rant straight from the heart for this one.
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Notes & Resources
MENTIONED IN THE SHOW:
David Hyland’s feature article: Private equity's golf takeover: Three deals that tell the story explains why private equity is suddenly so interested in golf.
The Plaid Horse breaks down the consequences of Dover Saddlery’s collapse: https://www.theplaidhorse.com/2026/05/16/the-bill-always-comes-due-how-dover-saddlerys-collapse-left-the-industry-holding-the-bag/
LVL Equestrian explains why private equity directly caused Dover’s collapse: https://lvlequestrian.com/dover-saddlerys-collapse-what-50-years-of-brand-equity-cant-survive/
More Perfect Union gives a great overview of what is happening with private equity in youth sports: https://www.youtube.com/watch?v=zEOeQQ019aA
Connecticut Senator Chris Murphy’s article in The Atlantic: My Son’s Hockey Team and the Crisis of American Resentment
Valley Health: https://virginiamercury.com/2026/04/17/valley-health-changes-staffing-contracts-trims-service-citing-big-beautiful-bill/
AMA Journal of Ethics article: https://journalofethics.ama-assn.org/issue/private-equity-health-care
Harvard Medical School study: https://hms.harvard.edu/news/deaths-rose-emergency-rooms-after-hospitals-were-acquired-private-equity-firms
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If I Betray These Words by Wendy Dean, MD with Simon Talbot, MD