is a specialist private equity investment firm focused on media, communications, education, technology investments across North America and Europe. Providence Equity Partners Portfolio Investments, Providence Equity Providence Equity Partners Portfolio Exits80 Portfolio Exits. Anton began his career as an analyst with the technology, media and telecommunications investment banking group at Jefferies in New York, where he focused on debt and equity financings, mergers & acquisitions, and restructurings. [1][2], The firm manages funds with over $31 billion in aggregate private equity capital commitments, making it a large global player in the private equity industry. PDF Oregon Public Employees Retirement Fund They allow you to move around the site and use its features. Providence Equity Partners L.L.C closed its position in Callaway Golf Co on 15th August 2022. Date. We know that every mile on their journey comes one successful step, decision, hire or investment at a time. Every person deserves the chance to live their healthiest life. Insights about top trending companies, startups, You can still enjoy your subscription until the end of your current billing period. Private equity takes a renewed interest in UK plc | Financial Times A world where every person has the chance to live their healthiest life, Providence commits $50 million to address health equity. Providence seeks to exit music market with $600mn song sale Providence Equity Partners is a specialist PE firm focused on growth-oriented media, communications, education and technology companies. 5. Learn more about our mission, vision and values. This is just the beginning. How are IPOs trending over time in this hub? FY 2022 SBA Capital Fund - Facility Equity Initiative; FY 2022 SBA Capital Fund - ARTS Initiative Grants; FY 2023 SBA Capital Fund - Facility Equity Initiative; Contact Information 255 Westminster Street Providence . While commenting, you are under the rule of our websites terms of use and privacypolicy. Marlink is a leading provider of high bandwidth satellite connectivity and digital solutions to the maritime and enterprise end markets. With its headquarters in Providence, RI, the firm also has offices in New York and London. Seesaw is a leading SaaS-based classroom technology platform targeted towards elementary grade levels. We see you are visiting from an Internet Explorer browser. the total portfolio value. Mary Claire graduated from the University of Texas at Austin, with a BBA in Business Honors and Finance, and a minor in textiles focused on consumer behavior. The Private Equity Firm That Grew Too Fast - The New York Times Under the . These funds often invest in the rounds preceeding the rounds of Providence Equity Partners: Providence Equity Partners is more likely to invest in rounds together with the following funds: These funds have a tendency to invest in the following rounds after Providence Equity Partners: There are no funds here. [45][46][47], In April 2019, MasMovil agreed to repurchase its convertible bond from Providence Equity. Accelerate Learning Announces Majority Investment from Providence Advocate to reform the drivers of health, social and economic disparities. These cookies will be stored in your browser only with your consent. Providence Equity Partners Profile: Investments & Returns | PitchBook A cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface. Providence Equity Partners was a 1996 vintage buyout fund managed by Providence Equity Partners. organisation He is a Phi Beta Kappa graduate of Harvard College, where he graduated with a bachelors degree in economics, magna cum laude. [13], In 2014, Providence established Providence Strategic Growth (PSG), its growth equity affiliate focused on investments in lower middle market software and technology-enabled service companies. This latest funding aims to support SevenRooms' continued . There are currently 5 companies in Mrs. Condes portfolio. The fund focuses on investments in the United States as 100.0% of the portfolio companies are based in the United States. YSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages. These cookies do not store any personal information. The fund invested in TMT and communications and networking sectors. SevenRooms Raises $50M Series B Round with Providence Strategic Growth What's the investment trend over time for this hub? 2. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Fight for Rhode Island state pension COLAs growing Funding to support continued global expansion of the company's guest experience platform. The firm specializes in growth-oriented private equity investments and has invested in more than 170 companies globally since its inception in 1989. [17][18][19][20][21][22][23][24][25][26][27][28], Providence's recent exits include TES, Galileo Global Education, EdgeConneX, OEConnection, PADI, Ascend Learning, Vector Solutions and ZeniMax Media. Team Provenance Toward that end: Read our news release about our health equity investment. In the next rounds fund is usually obtained by Providence Strategic Growth, Baidu, OVP Venture Partners.The current fund was established by Jonathan Nelson. Providence pioneered a sector focused approach to private equity investing with the vision that a dedicated team of industry experts could build exceptional companies of enduring value. Prior to joining Provenance, Shawnt worked on the Global Strategy & Planning Team at Otsuka, where he was responsible for evaluating M&A opportunities and analyzing growth strategies within the consumer packaged goods division. And the consequences are often deadly, leading to higher mortality and morbidity rates for communities of color and marginalized populations. American global private equity investment firm, "Company Overview of Providence Equity Partners LLC", "Providence Equity buys Star India's stake in Star CJ", "Providence Equity Closes Eighth Flagship Fund Above $6 Billion", "Providence Equity Raises $12 Billion Buyout Fund", "Private Equity International magazine's ranking of the world's largest private equity firms", "Benefit Street Closes $1.75B Credit Fund", "Providence Equity debt arm hits $1.75 bln hard cap on Fund III", "Tommy Gahan Wants to Capitalize on Volatility", "Franklin Templeton Buys Providence Equity's Benefit Street Partners", "Private equity fuels Ironman triathlon organizer's gauntlet", "Providence Equity Backs Golf Entertainment Company Topgolf", "Providence buys Ambassador Theatre Group for 350m", "Providence Acquires Majority Stake in DoubleVerify", "Shamrock Capital to sell Learfield to Providence Equity", "Providence Equity buys GlobalTranz back from The Jordan Company after just 8 months", "Providence Equity buys Riverside's majority stake in n2y", "Providence Equity Partners takes majority stake in Node4", "Providence Equity Invests $223 Million in Finnish Social Ad-Tech Firm", "Providence Equity Partners Invests In TAIT", "Driver clearinghouse Tenstreet acquired by Providence Equity Partners", "Onex Corp to buy Tes Global from Providence Equity Partners", "Providence sells Galileo to CPP-led consortium", "Investment Firm EQT Agrees to Purchase EdgeConneX for $2.5 to $3 Billion", "Providence Equity Sells Scuba Certifier PADI for $700 Million", "Providence to Sell Ascend Learning Stake to Blackstone, CPPIB After Nearly 10-Year Hold", "Golden Gate Capital Buying Vector Solutions", "Providence Equity's Sale of ZeniMax Will Bring Lucrative End to 13-Year Deal", "NFL, Providence Equity form strategic investment partnership", "Providence Equity Said to Sell Stake in Firm to Investors", "Providence Equity May Lose Hundreds of Millions as Altegrity Faces Seizure in Snowden Fallout", "Providence Equity acquires NACE international schools group", "MTG sells Baltic broadcasting businesses MTG", "MTG completes the sale of its Baltic broadcasting businesses MTG", "All Media Baltics to Deliver Top-quality TV Reception via SES Video", "Acquisition of MTG's business in Baltics completed; new company to be named All Media Baltics", "Providence to More Than Quintuple Its Money on MsMvil", "Providence Strategic Growth collects $2bn for fourth fund", "Sweetwater Has New Majority Owner; Chuck Surack Leaves CEO Post Sweetwater Sound Sold; Surack Steps Up", "Providence to acquire Airties | Infrastructure | News | Rapid TV News", "Providence Equity's Nelson Plans to Shift Role as Firm Maps Out Transition", Private investment in public equity (PIPE), Taxation of private equity and hedge funds, Private equity and venture capital investors, https://en.wikipedia.org/w/index.php?title=Providence_Equity&oldid=1149093458, Private equity firms of the United States, Companies based in Providence, Rhode Island, Financial services companies established in 1989, Short description is different from Wikidata, Articles containing potentially dated statements from 2021, All articles containing potentially dated statements, Creative Commons Attribution-ShareAlike License 3.0, Michael Dominguez, Chief Investment Officer, This page was last edited on 10 April 2023, at 04:36. We have also formally integrated this work as a top priority in its strategic plan. personalising content and ads, providing social media features and to Benefit Street Partners closed on a $1.75 billion middle market direct lending fund in April 2014. You may change or cancel your subscription or trial at any time online. We use different types of cookies on the site. Since the firm's inception in 1989, Providence has invested in more than 180 companies and is a leading equity investment firm focused on the media, communications, education and information industries. Paula currently serves on the board of MeUndies, a Provenance portfolio company, as well as ThredUp (NASDAQ: TDUP), a publicly-traded high-growth recommerce platform. Sarah Conde also disclosed a decreased stake in DoubleVerify by approximately 0.1%. The main department of described VC is located in the Providence. YouTube sets this cookie to store the video preferences of the user using embedded YouTube video. The firm has completed more than 120 investments and delivered successful results over three decades. In addition, the fund holds 21,175,226 shares of Callaway Golf Co worth $432 million, whose value fell 2.5% in the past six months. Contact Information Fund Manager Providence Equity Partners Fund Manager Website www.provequity.com Fund Category Private Equity And we commit to doing the personal and institutional work needed to live the values of Providence, which call us to welcome all and serve one another with respect and dignity. The fund was based in Providence, Rhode Island. Providence also released a health equity statement, developed by caregivers from across the Providence family of organizations. As social unrest has erupted across the nation and with disparities in COVID-19 on full display, Providence has responded to the signs of the times by committing $50 million to health equity over five years. For the best experience, please use an alternate browser. After building a global investing firm, Paul Salem is focusing locally offers FT membership to read for free. What's the most common final funding type when companies get acquired? The high activity for fund was in 2000. Impact Secures $75 Million in Funding Led By Providence Strategic The average market cap of the portfolio companies is close to $5.52 billion. Relative to the number of outstanding shares of DoubleVerify, Providence Equity Partners L.L.C owns more than 0.5% of the company. Team. Win whats next. The Scheme is expected to become effective in May 2023. CloserStill Media runs business exhibitions in the healthcare, learning and technology sectors. Prior to joining Provenance, Paula worked closely with several leading international brands and multibillion-dollar private equity firms. For a full comparison of Standard and Premium Digital, click here. Providence Equity Partners 57 Investments, Portfolio, Team members LinkedIn sets this cookie from LinkedIn share buttons and ad tags to recognize browser ID. Find the right product for your needs. Providence pioneered a sector-focused approach to private equity investing with the vision that a dedicated team of industry experts could build exceptional companies of enduring value. Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. Facebook sets this cookie to show relevant advertisements to users by tracking user behaviour across the web, on sites that have Facebook pixel or Facebook social plugin. analyse how our Sites are used. Tenstreet Announces Majority Growth Investment From Providence Equity Compassion, Dignity, Justice, Excellence, Integrity. This cookie is installed by Google Analytics. And in keeping with our faith tradition, use our voice to speak out against the structural racism and injustice that has led to a public health crisis, Prevent further harm, humbly welcome discussion and feedback, and foster a culture of continuous learning and transparency. . Tempo Music is a proprietary music rights acquisition platform that operates in partnership with Warner Music Group. As part of this planned transition, Providence appointed Davis Noell and David Phillips senior managing directors and co-heads of North America, and Karim Tabet and Andrew Tisdale senior managing directors and co-heads of Europe. LinkedIn sets this cookie to remember a user's language setting. These resources will allow LEAs to fund projects that otherwise would not advance or would rely on issuing high interest bonds. The Boston Foundation names M. Scott Knox as new director for its [52], Media related to Providence Equity Partners at Wikimedia Commons. At Providence, we recognize that long-standing inequities and systemic injustices exist in the world. Over the past year, Providences health equity work has focused on underserved communities most impacted by the pandemic. LinkedIn sets this cookie for LinkedIn Ads ID syncing. Providence Equity Partners is the famous VC, which was founded in 1989. The fund targets software, education tech, TMT, SaaS sectors. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. She was also a member of the Financial Analyst Program, where she served as an analyst for The University of Texas Investment Management Company (UTIMCO). House lawmakers say yes. While commenting, you shall use only actual, truthful and confirmed data. For more information, please visit www.provequity.com. The Providence Equity Partners L.L.C office and employees reside in Providence, Rhode Island. Despite the Providence Equity Partners, startups are often financed by Brown Brothers Harriman, True Ventures, TDF Ventures. university Set your location to find care near you. Managed Service Provider (MSP). Vistage is a leading subscription-based membership organization that provides peer advisory and executive coaching to CEOs. Providence eyes $1.35bn stapled deal after LP response - exclusive By Kyle Morris. About | PSG See our, Chongqing Anxincheng Guquan Touzi Jijin Guanli Youxian Gongsi, Monmouth Beach, New Jersey, United States, Baden-Wrttemberg, Baden-Wurttemberg, Germany. Assembly Announces Significant Investment by Providence Strategic Providence Equity Partners is a premier global private equity firm with approximately $45 billion in aggregate capital commitments. [50], In April 2022, it was announced Providence had acquired the cloud-based managed Wi-Fi solutions provider, Airties. Try full digital access and see why over 1 million readers subscribe to the FT, Purchase a Trial subscription for 1 for 4 weeks, You will be billed 55 per month after the trial ends, The Big Dig: Germany reopens its mines in quest for mineral self-sufficiency, Chinas local governments stuck with bill for neighbourhood surveillance, US says more than 20,000 Russian forces killed since December in Ukraine, Moderna co-founder calls on US politicians and judges to stop questioning science, Singapore deepens US defence ties despite Chinese financial inflows, UK employers push to cut pension scheme payments after rates windfall, Role of lawyers in misuse of NDAs to be examined by UK regulator, UK government to water down fraud proposals for tech groups, Britains Brexit capital shows signs of disillusionment with Tories, UK partnerships with life sciences groups threatened by NHS pressures, JPMorgan to acquire First Republics deposits as US regulators step in, Charlie Munger: US banks are full of bad commercial property loans, Disney uses Ron DeSantiss own words against him in free speech lawsuit, Deutsche Bank plans to beef up investment bank advisory team, JPMorgan, Citizens and PNC submit bids for First Republic, Totals chief tells investors European listing to blame for oil groups trading discount, US live news updates from May 1: JPMorgan to acquire First Republics deposits, Morgan Stanley to cut 3,000 jobs, The difference between First Republic and other recent bank failures, Investors bet on shrinking pool of tech stocks as rally narrows, China, America and why not all growth is equal, China could play a crucial role in ending the war in Ukraine, Labour has leverage to carry out private equity tax reform, Why Arsenals struggles show you shouldnt count out Donald Trump, Twill of the people: the workwear staple that never gets old, The best new sci-fi: action-packed plots and pure nerdstalgia. ICG to back Providence single-asset deal | Secondaries Investor At Providence, we recognize that long-standing inequities and systemic injustices exist in the world. For further information about the cookies we use, please see our Privacy Policy. Each year, we serve more than 6 million people of every walk of life. Since the firm's inception in 1989, Providence has invested in over 170 companies and is a leading equity investment firm focused on the media, communications, education, software and services . In addition to his investing activities, Anthony is a guest lecturer on private investing at the UCLA Anderson School of Business and is a member of YPO. Do you represent Providence Equity Partners? Accelerate Learning Announces Majority Investment from Providence Equity Partners 17 February 2023 PCF Insurance Services Secures $500 Million Preferred Equity Investment Co-Led by Carlyle Global Credit and HGGC 17 February 2023 Carlyle Announces Grant of Employment Inducement Awards News Release Archive Years 11 April 2023 Providence is a premier global private equity and credit investment firm with more than $50 billion in capital under management. Team Locations In Memoriam Clear filters Clear Search Collaborative. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Providence pioneered a sector-focused approach to private. House approves bill to allow RI to pay for abortions sought by state View contacts for Providence Equity Partners to access new leads and connect with decision-makers. Sweetwater Announces Growth Equity Investment from Providence Equity This list of organizations invested in by Providence Equity Partners provides data on their funding history, investment activities, and acquisition trends. Nautic targets equity investments of $25 to $100 million representing majority ownership in companies with proven business models, defensible market positions, and . Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Outfront Media is one of the largest providers of out-of-home advertising signage and displays in the U.S. Smartly.io is a software platform that helps many of the worlds leading digital advertisers create, manage and optimize social media ad campaigns. He graduated with high honors from the Stephen M. Ross School of Business at the University of Michigan with a bachelors degree in business administration. He has worked closely with outstanding brands across multiple categories to help shape aggressive but prudent long-term growth strategies to maximize brand and enterprise value while minimizing risk to the organization. But the . is a specialist private equity investment firm focused on media, communications, education, technology investments across North America and Europe. Providence combines its partnership approach to investing with deep industry expertise to help management teams build exceptional businesses and generate attractive returns.

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