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Benzinga
Benzinga
Business
Erica Kollmann

Billions Down The Toilet As Private Equity Firms Take Bath On Hot New 'Continuation Vehicle' Strategy

Portable,Mobile,Toilets,And,Plastic,Hand,Washing,Sink,Station.

The private equity trend of continuation vehicles (CVs)—a strategy soaring in popularity—is in the spotlight due to a high-profile failure involving United Site Services (USS), a portable toilet rental company.

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