providence equity portfolio

TAIT is a leading provider of advanced creative and engineering solutions to the live entertainment industry. Providence is a premier global private equity and credit investment firm with more than $50 billion in capital under management. Providence Equity Partners is a premier global private equity firm with approximately $45 billion in aggregate capital commitments. It targeted commercial services and TMT sectors. Accelerate Learning Announces Majority Investment from Providence We support credit card, debit card and PayPal payments. [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. $2.64 billion and $2.64 billion respectively. [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 list of organizations invested in by Providence Equity Partners provides data on their funding history, investment activities, and acquisition trends. But opting out of some of these cookies may have an effect on your browsing experience. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. House approves bill to allow RI to pay for abortions sought by state At Providence, we recognize that long-standing inequities have led to health disparities. Except Necessary Cookies. The firm's eighth fund, Providence Equity Partners VIII, closed on $6 billion in 2019, above its $5 billion target. 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. LinkedIn sets the lidc cookie to facilitate data center selection. Providence Equity Partners was a 1996 vintage buyout fund managed by Providence Equity Partners. Private equity-backed buyouts globally fell 51 per cent year on year in the first quarter of 2023 to total $136.1bn, according to Refinitiv data. Get the full list, Morningstar Institutional Equity Research. The fund is constantly included in 2-6 deals per year. Facility Equity Initiative | RI Department of Education We can highlight the next thriving fund investment areas, such as Service Industry, Gaming. Blackstone Acquires Clarion - Blackstone [50], In April 2022, it was announced Providence had acquired the cloud-based managed Wi-Fi solutions provider, Airties. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. PSG invests in growth-stage software businesses and the founders and management teams that drive them. Wealthiest Hospitals Got Billions in Bailout for - New York Times Find the right product for your needs. For cost savings, you can change your plan at any time online in the Settings & Account section. He graduated as a Regents Scholar from the University of California, Berkeley with a bachelors degree in Economics. At Providence, we recognize that inequity persists in nearly every major facet of society. At Providence, we recognize that long-standing inequities and systemic injustices exist in the world. [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. [39], In February 2017, Providence expanded its education business by buying NACE Schools, a Spain-based operator of for-profit schools. Prior to joining Provenance, Paula worked closely with several leading international brands and multibillion-dollar private equity firms. The firm targets equity investments of $150 million to $500 million and can employ a variety of financing structures. Prior to joining Provenance, Paula worked closely with several leading international brands and multibillion-dollar private equity firms. By Kyle Morris. The meaningful sponsors for the fund in investment in the same round are Susquehanna Growth Equity, Providence Strategic Growth, First Union Corporation. Check if your 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. KPA is a leading provider of environmental, health and safety (EHS) compliance solutions to auto dealers and other markets with similar compliance needs. or The third-largest holding is Outfront Media Inc worth $295 million and the next is Dynatrace Inc worth $22 million, with 558,645 shares owned. Prior to founding Provenance, Anthony was a partner at Brentwood Associates, a leading middle-market private equity firm focused on the consumer space. The fund investment ranges from USD $150.0 to $500 million. Providence Equity Partners | LinkedIn He concurrently served on the investment team at ONCE Ventures, where he sourced and performed due diligence on early-stage opportunities across food, beverage, and supplements. The firm has completed more than 120 investments and delivered successful results over three decades. Providence Equity Partners Profile: Investments & Returns | PitchBook SANTA BARBARA, Calif.-- ( BUSINESS WIRE )--Impact, the global leader in PARTNERSHIP AUTOMATION, today announced a $75 million investment led by Providence Strategic Growth (PSG), the growth equity . Providence Equity Partners acquires lease for Times Square billboards Providence Equity LLP offered to acquire Hyve Group Plc for Investors in Providence Equity Partners VI include Alaska Permanent Fund, which committed $40 million, the California State Teachers' Retirement System, which committed $700 million and Canada Pension Plan Investment Board, which committed $400 million, according to PEI data. Which companies in this hub have the most subsidiaries? Some are required for the site to work. 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"). Every person deserves the chance to live their healthiest life. Detailed Profile of PROVIDENCE EQUITY PARTNERS L.L.C. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. Team | PSG 100.0% of the portfolio companies Get the full list, Youre viewing 5 of 14 funds. PSG | LinkedIn YSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages. The largest investments include DoubleVerify and Callaway Golf Co, together worth $2.3 billion. The Private Equity Firm That Grew Too Fast - The New York Times [10][11][12] The credit platform was sold to Franklin Templeton Investments in October 2018. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. Which investors participated in the most funding rounds within this hub? Genuine. As expressions of God's healing love, witnessed through the ministry of Jesus, we are steadfast in serving all, especially those who are poor and vulnerable. 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. Necessary cookies are absolutely essential for the website to function properly. We are private equity specialists, focused on growth-oriented media, communications, education and technology companies throughout North America and Europe. Simply log into Settings & Account and select "Cancel" on the right-hand side. Providence Equity Partners - YouTube Benefit Street Partners closed on a $1.75 billion middle market direct lending fund in April 2014. Sweetwater Announces Growth Equity Investment from Providence Equity Standard Digital includes access to a wealth of global news, analysis and expert opinion. Providence Equity Partners VII Profile: Investments & Returns | PitchBook Their latest portfolio exit was n2y on April 04, 2023. The deal is expected to close in the third quarter. Providence Equity Partners L.L.C's portfolio is diversified across 3 sectors. Previously, she was Operating Partner at TSG Consumer Partners from 2014-2017 where she helped source and diligence new investment opportunities in the broader apparel and retail category and oversaw operational and management strategy at portfolio companies . Marlink is a leading provider of high bandwidth satellite connectivity and digital solutions to the maritime and enterprise end markets. Providence Equity Partners Portfolio Investments, Providence Equity 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. The total portfolio value may be much higher due to cash We retain our right to delete any comment or any other content of the website at ourwill in case we know or suppose such content is illegal or breaches any lawful right. 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. You also have the option to opt-out of these cookies. Providence Equity Partners is a specialist PE firm focused on growth-oriented media, communications, education and technology companies. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Meet the team thats with you every step of the way. Portfolio Companies | Providence Equity Providence has prioritized equitable vaccine deployment, data-informed approaches, program evaluation and sustainability, inclusive language in the electronic medical record, and provider education. A cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface. Since its founding in 1989, Providence has invested over $31 billion across more than 170 private equity portfolio companies. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Providence Equity Partners is the famous VC, which was founded in 1989. Read a Providence-led study on disparities in COVID-19 infections. Team. Your location: Read our news release about our health equity investment, Read a Providence-led study on disparities in COVID-19 infections. ICG to back Providence single-asset deal | Secondaries Investor We provide dozens of additional datapoints about this fund. Since its founding in. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. 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. Learn more about our mission, vision and values. Nautic Partners is a middle-market private equity firm that has managed over $9.5 billion in assets since it founding in 1986. Weve served nearly half a million individuals over the past year from marginalized communities. Products: Business Intelligence Tools | PitchBook There are currently 5 companies in Mrs. Condes portfolio. Insights about top trending companies, startups. , whose value fell 2.5% in the past six months, Stocks and cryptocurrency portfolio tracker. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Providence combines its partnership approach to investing with deep industry expertise to help management teams build exceptional businesses and generate attractive returns. Relative to the number of outstanding shares of DoubleVerify, Providence Equity Partners L.L.C owns more than 0.5% of the company. Providence was one of the principal pioneers of a sector-based approach to private equity investing. 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. Providence Equity Partners is a premier global private equity firm with approximately $45 billion in aggregate capital commitments. For further information about the cookies we use, please see our Privacy Policy. PitchBook provides professionals in the M&A, PE and VC industries with the data and tools to make more informed business decisions. Despite the Providence Equity Partners, startups are often financed by Brown Brothers Harriman, True Ventures, TDF Ventures. We see you are visiting from an Internet Explorer browser. They manage 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. Providence helps build and grow exceptional businesses that make a difference. SevenRooms Raises $50M Series B Round with Providence Strategic Growth Angel, Fund of Funds, Venture Capital), General contact email for the organization. Providence Equity Partners VIII - PitchBook Data Providence Equity Partners L.L.C closed its position in Callaway Golf Co on 15th August 2022. 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 . Health Equity | Providence 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. PROVIDENCE - Rhode Island lawmakers in the House have approved legislation to allow state funds to be used to pay for health plans that cover state workers and Medicaid . Prior to joining Provenance, Anton helped manage a portfolio of early and growth stage investments at Altpoint Ventures, including businesses in the consumer internet, e-commerce and on-demand consumer services sectors. Providence Equity Partners invests in media, communications, education, and technology companies across North America and Europe. All rights reserved. Sarah Conde also disclosed a decreased stake in DoubleVerify by approximately 0.1%. 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. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. Providence II $363 million committed capital / $1,605 million total portfolio value Providence I $171 million committed capital / $835 million total portfolio value Providence Growth $276 million committed capital / $353 million total portfolio value Other Prior Funds $199 million total portfolio value This website uses cookies to improve your experience while you navigate through the website. We also use third-party cookies that help us analyze and understand how you use this website. Since its founding in 1989, Providence has invested over $32. Providence Equity Partners L.L.C. Private equity takes a renewed interest in UK plc | Financial Times Providence Equity Partners Portfolio Exits80 Portfolio Exits. [48], In September 2019, Providence Strategic Growth collected $2 billion for its fourth fund. Sweetwater is a leading U.S. e-commerce platform for musical instruments and equipment. Valuation. 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. Team Locations In Memoriam Clear filters Clear Search Collaborative. Tenstreet Announces Majority Growth Investment From Providence Equity Providence pioneered a sector-focused approach to private. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Contact Information Fund Manager Providence Equity Partners Fund Manager Website www.provequity.com Fund Category Private Equity By logging into the PSG Hub you agree that the information contained herein must be kept is a specialist private equity investment firm focused on media, communications, education, technology investments across North America and Europe. [7], In 2008, Providence hired Thomas Gahan as president of the firm's new capital markets group and its affiliate, Benefit Street Partners. n2y is a leading provider of SaaS workflow and curriculum solutions to the pre K-12 special education market. And the consequences are often deadly, leading to higher mortality and morbidity rates for communities of color and marginalized populations. The fund focuses on investments in the United States as LinkedIn sets this cookie to store performed actions on the website. The fund invested in TMT and communications and networking sectors. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. LinkedIn sets this cookie to remember a user's language setting. 2023 PitchBook. 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. Without these cookies, we cannot provide services through the site. 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. Anti-trust clearance in the United States. [1] [2] Bill Aliber and Brian Shin Join Providence Strategic Growth as Managing 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. 1. [52], Media related to Providence Equity Partners at Wikimedia Commons. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Media partnership with European soccer team. We are investing $50 million over five years to support health equity. [45][46][47], In April 2019, MasMovil agreed to repurchase its convertible bond from Providence Equity. 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. With our trademark blend of grit, passion, experience and collaboration, we cut through the noise and help you discover opportunities for growth. We shall not bear anyliability in respect of such comments. Groupe La Centrale is a leading provider of car classifieds in France. It sold the previously owned 21,175,226 shares for $496 million. You can make choices about cookie use below. Providence has also advanced non-COVID focused programs and initiatives supported by learning collaboratives to accelerate change. The fund was based in Providence, Rhode Island. Do you represent Providence Equity Partners? Shawnt began his career as an analyst with the M&A investment banking group at Lazard in Los Angeles, where he worked on transactions across Aerospace & Defense, Gaming & Leisure, and Consumer Retail. We offer an assisted fundraising option for startups. 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. IMC Construction transitions to Michael Lloyd as new majority owner 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 Boston Foundation names M. Scott Knox as new director for its Managing Director Michael Dominguez was appointed Chief Investment Officer. This latest funding aims to support SevenRooms' continued . Knox will . For a full comparison of Standard and Premium Digital, click here. TCP is a leading provider of workforce management software and technology solutions serving thousands of public and private sector businesses. PDF Providence Memorandum - Pennsylvania Public School Employees Insights about top trending companies, startups, Providence Equity Partners L.L.C is an investment fund managing more than $2.64 billion ran by Sarah Conde. PROVIDENCE For 27 years, Paul J. Salem played a key role in helping Providence Equity Partners grow from managing $171 million to more than $50 billion in investments in media,. personalising content and ads, providing social media features and to With its headquarters in Providence, RI, the firm also has offices in New York and London. Prior to that, Anton spent 5 years making control buy-and-build investments at Altpoint Capital, a private equity firm specializing in mid-sized companies in the energy, industrial and telecommunications sectors. About | PSG 365 Retail Markets is a leading provider of self-service commerce technology to the foodservice industry. 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. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. The common things for fund are deals in the range of 50 - 100 millions dollars. Lloyd, 39, joined IMC Construction in 2017 and was previously executive vice president and general counsel, leading the company's risk management efforts.. Cottone, 63, is now the second largest . [1] Providence prefers to lead its investments, serve on company boards, and work collaboratively with company management. 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. These positions were updated on August 15th based on the funds latest 13F filing. With our trademark blend of grit, passion, experience and collaboration, we cut through the noise and help you discover opportunities for growth.

What Happened In Room 237 At The Stanley Hotel, Dexys Midnight Runners Lead Singer Dies, Articles P