Sarah Conde also disclosed a decreased stake in DoubleVerify by approximately 0.1%. Exit. Contact Information Fund Manager Providence Equity Partners Fund Manager Website www.provequity.com Fund Category Private Equity We ask you to join us on our quest to champion and deliver Health for a Better World. Providence Equity Partners L.L.C's portfolio is diversified across 3 sectors. Providence Equity Partners is a premier global private equity firm with approximately $45 billion in aggregate capital commitments. Providence Equity Partners Portfolio Companies North Road is a global, multi-genre, independent content studio. The Boston Foundation has named M. Scott Knox as the first director of the Equality Fund, the foundation's fund to support Greater Boston nonprofits that serve the LGBTQ+ community. Hyve Group Agrees to Final GBP363 Mln Takeover Offer by Providence Providence seeks to exit music market with $600mn song sale Providence Equity Partners VII is a buyout fund managed by Providence Equity Partners. Providence Equity Partners VIII is a buyout fund managed by Providence Equity Partners. portfolio of holdings. How are IPOs trending over time in this hub? Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. When startup sums 4 or 5+ of the founder, the probability for it to get the investment is little.The standard case for the fund is to invest in rounds with 3-4 partakers. This includes prioritizing at-risk groups for testing, treatment and vaccinations. TES is a global community providing recruitment and software services, training and resources to teachers and schools. Total number of diversity investments made by an investor, Total number of employee profiles an organization has on Crunchbase, Descriptive keyword for an Organization (e.g. This cookie is set by Facebook to display advertisements when either on Facebook or on a digital platform powered by Facebook advertising, after visiting the website. Our investment of $50 million to reduce health disparities and achieve health equity is just the beginning. Facility Equity Initiative | RI Department of Education Fight for Rhode Island state pension COLAs growing Airties is a leading provider of cloud-based managed Wi-Fi solutions to internet service operators globally. 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. Providence combines its partnership approach to investing with deep industry expertise to help management teams build exceptional businesses and generate The statement articulates a world where every person has the chance to live their healthiest life. Though we still have a ways to go, we have made significant strides over the past year. Hyve Group PLC said Tuesday that it has agreed to a 363 million pound ($453.2 million) final takeover offer from private equity firm Providence Equity Partners LLP. Quickly find out what the most recently closed or increased positions are. 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 . The top amount of exits for fund were in 2019. Insights about top trending companies, startups, ICG to back Providence single-asset deal | Secondaries Investor 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 . The common things for fund are deals in the range of 50 - 100 millions dollars. Under the . News & Media | Carlyle YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data. The fund focuses on investments in the United States as Benefit Street Partners closed on a $1.75 billion middle market direct lending fund in April 2014. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Simply log into Settings & Account and select "Cancel" on the right-hand side. Media partnership with European soccer team. Among the various public portfolio startups of the fund, we may underline iQiyi, Hulu, Skybox Security For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Since its founding in 1989, Providence has invested over $32. Check if your Every person deserves the chance to live their healthiest life. As of 8th August 2022, Providence Equity Partners L.L.Cs top holding is 82,520,604 shares of DoubleVerify currently worth over $1.87 billion and making up 71.0% of the portfolio value. Private equity takes a renewed interest in UK plc | Financial Times Prior to joining Provenance, Paula worked closely with several leading international brands and multibillion-dollar private equity firms. . TCP is a leading provider of workforce management software and technology solutions serving thousands of public and private sector businesses. Each year, we serve more than 6 million people of every walk of life. Providence remains a shareholder in the company. PitchBook provides professionals in the M&A, PE and VC industries with the data and tools to make more informed business decisions. Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. According to the last 13-F report filed with the SEC, Sarah Conde serves as the General Counsel & Chief Compliance Officer at Providence Equity Partners L.L.C. The Scheme is expected to become effective in May 2023. The fund was based in Providence, Rhode Island. Seesaw is a leading SaaS-based classroom technology platform targeted towards elementary grade levels. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. Managing Director Michael Dominguez was appointed Chief Investment Officer. Find the right product for your needs. the total portfolio value. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. 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. Bill Aliber and Brian Shin Join Providence Strategic Growth as Managing See our, Chongqing Anxincheng Guquan Touzi Jijin Guanli Youxian Gongsi, Monmouth Beach, New Jersey, United States, Baden-Wrttemberg, Baden-Wurttemberg, Germany. The fund is based in Providence, Rhode Island and invested in the United States. [43][44] The newly acquired companies were united and operate under the All Media Baltics company name (currently TV3 Group). Currently, their heaviest sector is Technology making up 72.4% of 2023 Providence Equity Partners L.L.C. $2.64 billion and $2.64 billion respectively. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. 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. This cookie is installed by Google Analytics. Despite the Providence Equity Partners, startups are often financed by Brown Brothers Harriman, True Ventures, TDF Ventures. It also outlines five commitments that we pledge to deliver to every patient and every community we serve. [14], Providence's investments have included AutoTrader.com Group, Blackboard Inc., Conversica, eircom, Hulu, Kabel Deutschland, MLS Media, NEW Asurion, Bluestone Television, Newport Television, Univision, VoiceStream (now T-Mobile US), Warner Music Group, Western Wireless, and World Triathlon Corporation (Ironman), YES Network and TopGolf. organisation Providence Equity Partners is a specialist private equity investment firm focused on growth-oriented media, communications, education, and technology companies across North America and Europe. Learn more about our mission, vision and values. Their latest portfolio exit was n2y on April 04, 2023. Compare Standard and Premium Digital here. Series A, Seed, Private Equity), Average of the Crunchbase Ranks of the organizations in this hub, Total number of funding rounds associated with this hub, Total funding amount raised across all funding rounds, Total number of acquisitions made by organizations in the hub, Total number of investments made by investors in this hub, Total number of lead investment firms and individual investors that invested in organizations of this hub, Total number of investment firms and individual investors that invested in organizations of this hub, Median number of investments made by investors in this hub, Median number of lead investments made by investors in this hub, Total number of people associated with this hub, Total amount raised at IPO of all the organizations associated with this hub, Median amount raised at IPO of all the organizations associated with this hub, Total valuation at IPO of all the organizations associated with this hub, Median valuation at IPO of all the organizations associated with this hub, Average date at which organizations in this hub went public, Percentage of organizations in this hub that have removed their stock from the stock exchange. Tenstreet Announces Majority Growth Investment From Providence Equity 2. What's the most common final funding type when companies get acquired? [10][11][12] The credit platform was sold to Franklin Templeton Investments in October 2018. Providence has prioritized equitable vaccine deployment, data-informed approaches, program evaluation and sustainability, inclusive language in the electronic medical record, and provider education. We'll use your location to find clinics, hospitals and doctors closest to you. Assembly Announces Significant Investment by Providence Strategic Providence Equity - Wikipedia You can still enjoy your subscription until the end of your current billing period. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. strictly confidential and may not be reproduced or redistributed in whole or in part House lawmakers say yes. You may change or cancel your subscription or trial at any time online. 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). We use 3. A leading provider of digital-first STEM curriculum for the K-12 education market, Global leader in automotive and mobility technology benchmarking, Wasserman is a global sports, music and culture agency. Meet the team thats with you every step of the way. Providence Equity Partners is a specialist private equity investment firm focused on growth-oriented media, communications, education, and technology companies across North America and Europe. 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. The prior fund, Providence VII, closed with $5 billion in 2013. We support credit card, debit card and PayPal payments. [49], In August 2021, it was announced that Providence Equity had purchased a majority share of Sweetwater Sound, a major musical equipment retailer based in Fort Wayne, Indiana. It sold the previously owned 21,175,226 shares for $496 million. The firm raises investment funds from a broad array of institutional investors, including pension funds, endowments, sovereign wealth funds, financial institutions, insurance companies, fund of funds, and high-net-worth individuals. 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. NEW YORK (June 25, 2020) - SevenRooms ("the Company"), a fully-integrated, data-driven guest experience platform for the hospitality industry, has raised a $50 million Series B funding round led by Providence Strategic Growth ("PSG"). But opting out of some of these cookies may have an effect on your browsing experience. RIDE Launches $15 Million 21st Century Technology and Equipment Fund Marlink is a leading provider of high bandwidth satellite connectivity and digital solutions to the maritime and enterprise end markets. Vistage is a leading subscription-based membership organization that provides peer advisory and executive coaching to CEOs. Before TSG, Paula served as Global President of Diane von Furstenberg (DvF) from 1999 to 2013, where she led DvFs transformative growth into an international lifestyle brand and scaled the business from less than $1 million of revenue to over $300 million of revenue by leading omnichannel expansion through a global footprint of free standing DvF stores, launching DvF.com, and establishing a substantial presence in department stores worldwide. Providence Equity Partners Portfolio Investments, Providence Equity Tempo has focused on contemporary music, having acquired songs by Wiz Khalifa and. LinkedIn sets this cookie to remember a user's language setting. Providence also released a health equity statement, developed by caregivers from across the Providence family of organizations. 100.0% of the portfolio companies Providence Equity Partners | LinkedIn Blackstone Acquires Clarion - Blackstone Providence Equity Partners L.L.C. 1. LinkedIn sets the lidc cookie to facilitate data center selection. We can highlight the next thriving fund investment areas, such as Service Industry, Gaming. Do you represent Providence Equity Partners? Providence partners with companies at various stages of development, from growth capital and complex recapitalizations of family-owned businesses to large buyouts and take-privates. You bear the whole responsibility,related to their substance, content and the fact of publication. These resources will allow LEAs to fund projects that otherwise would not advance or would rely on issuing high interest bonds. By 2007, the firm had. [15][16], Since 2013, significant investments by the firm include 365 Retail Markets, Ambassador Theatre Group, DoubleVerify, Learfield Communications, GlobalTranz, Groupe La Centrale, MsMvil Group, n2y, Node4, Smartly.io, TAIT, Tenstreet, and TCP. That is still the fourth-largest opening period . A world where every person has the chance to live their healthiest life, Providence commits $50 million to address health equity. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. Prior to that, she assessed private equity co-investments in small and mid-market companies in the consumer, health and education sectors at Harris Preston & Partners, where she began her career. 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. This category only includes cookies that ensures basic functionalities and security features of the website. personalising content and ads, providing social media features and to Except Necessary Cookies. Providence helps build and grow exceptional businesses that make a difference. While commenting, you shall use only actual, truthful and confirmed data. The average market cap of the portfolio companies is close to $5.52 billion. [38], In February 2015, Providence's $800 million stake in security screener Altegrity was wiped out when the security company was accused of fraud and filed for bankruptcy. This is just the beginning. KPA is a leading provider of environmental, health and safety (EHS) compliance solutions to auto dealers and other markets with similar compliance needs. And we commit to doing the personal and institutional work needed to live the values of Providence, which call us to welcome all and serve one another with respect and dignity. Products: Business Intelligence Tools | PitchBook Private Equity Portfolio As of September 30, 2021 ($ in millions) 2011 Blackstone Capital Partners VI $200.0 $216.8 $262.8 $111.1 1.72x 12.6% 2016 Blackstone Capital Partners VII $450.0 $462.6 $174.0 $579.9 1.63x 21.6% 2020 Blackstone Capital Partners VIII $500.0 $158.7 $5.5 $190.5 1.24x n.m. 2015 Blackstone Energy Partners II $200.0 $208.4 $49 . Since its founding in 1989, Providence has invested over $31 billion across more than 170 private equity portfolio companies. A single fund raised in 2005 amassed $4.26 billion. Toward that end: Read our news release about our health equity investment. Providence is a premier global asset management firm that pioneered a sector-focused approach to private equity investing with the vision that a dedicated team of industry experts could build. The fund is located in Providence, Rhode Island and invests in Western Europe, North America. Sweetwater Announces Growth Equity Investment from Providence Equity [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. This list of organizations invested in by Providence Equity Partners provides data on their funding history, investment activities, and acquisition trends. Sweetwater Announces Growth Equity Investment from Providence Equity 20% of the total holdings value. Providence Equity Partners L.L.C closed its position in Callaway Golf Co on 15th August 2022. Necessary cookies are absolutely essential for the website to function properly. [39], In February 2017, Providence expanded its education business by buying NACE Schools, a Spain-based operator of for-profit schools. We are investing $50 million over five years to support health equity. These cookies do not store any personal information. This has led to health disparities among communities that have been marginalized because of their race, ethnicity, gender, sexual orientation, age, ability, religion or socioeconomic status. Due to the deprecation of Internet Explorer and for security reasons, the PSG site is not supported in Internet Explorer. Impact Secures $75 Million in Funding Led By Providence Strategic Providence pioneered a sector-focused approach to private. What's the most common types of sub-organization? For a full comparison of Standard and Premium Digital, click here. By logging into the PSG Hub you agree that the information contained herein must be kept If you think that some of this information is not accurate, please, The average size of a deal this fund participated in, How often the fund supports its portfolio startups at next rounds. The high activity for fund was in 2000. PDF Providence Memorandum - Pennsylvania Public School Employees
providence equity portfolio