Bottom Line Nation | Part 5
In American Towns, Private Profits From Public Works
Desperate towns have turned to private equity firms to manage their waterworks. The deals bring much-needed upgrades, but can carry hefty price tags.
By DANIELLE IVORY, BEN PROTESS and GRIFF PALMER
![In American Towns, Private Profits From Public Works](https://static01.nyt.com/images/2016/12/28/business/db-pewater-illo/db-pewater-illo-mediumThreeByTwo210.jpg)