Deadly Equity: The Deadly Side of the Longs Drugs Acquisition

The Private Equity Takedown of Longs Drugs

When the consultants come to down another business goes down

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Longs Drugs Portal

The Pathetic Loss of his son, then the loss of his life.

James Powell, a 40 year resident of Walnut Creek was once a Senior Project Manager for Longs Drug 

Jim

Jim and his service dog

A Longs Drugs History Primer

James Powell was senior project manager at Longs Drugs working on the upcoming Point-of-Sale rollout during 2007. Durint the rollout he walked into the restroom and left via ambulance never to return allowing the consultants botch the upgrade bounce the allowing outside parties to acquire the company.

Leadership Changes

Longs Drug Stores Corp. in Walnut Creek, Calif., recently announced that Michael M. Laddon has joined the company as CIO, reporting to the CEO. Laddon previously was CIO at Produceline.com and Ralphs Grocery Co.

Follow the Money

The retail sector is dominated by the investment community driving deals in any direction they choose. Getting in their way might be the end of your career or life but that's your choice!

Blood on their hands

ssex Bags Brio in Walnut Creek for $165M San Mateo, CA-based Essex Property Trust acquired Brio, a 300-unit apartment complex in Walnut Creek, CA, for $164.9 million, or roughly $550,000-per-unit. The complex was sold by SummerHill Apartment Communities, which completed the project in 2015.

The Headquarters

This prime location sat empty near downtown Walnut Creek for many years after the 2008 acquisition by CVS.

Long Drugs Headquarters

Longs during the 50s

Dying for Private Equity

The Story of how two studens each connected to signficant events, one connected to the Merger and Acquisition of Long's Drugs whose former Headquarters located on Civic Drive Walnut Creek

The Los Lomas Tragedies