providence equity portfolio

We've assembled a list of 10 finance and operations requirements that early-stage PE firm leaders should consider early in their journeys. Providence Equity Partners is a premier global private equity firm with approximately $45 billion in aggregate capital commitments. 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 portfolio of holdings. Sweetwater Announces Growth Equity Investment from Providence Equity These cookies track visitors across websites and collect information to provide customized ads. Learn more about our mission, vision and values. Check if your 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 . Stocks with a size of more than $10 billion in market cap make up Team. . We can highlight the next thriving fund investment areas, such as Service Industry, Gaming. Providence helps build and grow exceptional businesses that make a difference. We have also formally integrated this work as a top priority in its strategic plan. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. Providence Equity Partners VIII is a buyout fund managed by Providence Equity Partners. The statement articulates a world where every person has the chance to live their healthiest life. 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. [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. 20% of the total holdings value. The fund investment ranges from USD $150.0 to $500 million. The Scheme is expected to become effective in May 2023. 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. For further information about the cookies we use, please see our Privacy Policy. View contacts for Providence Equity Partners to access new leads and connect with decision-makers. Providence Equity Partners L.L.Cs portfolio is diversified across 3 sectors. For cost savings, you can change your plan at any time online in the Settings & Account section. 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 . In 2000, Providence oversaw just $3.6 billion. Their latest portfolio exit was n2y on April 04, 2023. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Currently, their heaviest sector is Technology making up 72.4% of the total portfolio value. Each year, we serve more than 6 million people of every walk of life. Currently, Providence Equity Partners L.L.C's portfolio is worth at least $2.64 billion. PDF Oregon Public Employees Retirement Fund During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. 3. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. The fund is located in Providence, Rhode Island and invests in Western Europe, North America. You also have the option to opt-out of these cookies. The fund was based in Providence, Rhode Island. Our vision, Health for a Better World, is driven by a belief that health is a human right. Hyve Group Agrees to Final GBP363 Mln Takeover Offer by Providence The meaningful sponsors for the fund in investment in the same round are Susquehanna Growth Equity, Providence Strategic Growth, First Union Corporation. Providence Equity Partners L.L.C closed its position in Callaway Golf Co on 15th August 2022. The fund is based in Providence, Rhode Island and invested in the United States. Providence, a private equity company which manages about $50bn in assets, launched the Tempo fund in 2019. PDF Providence Memorandum - Pennsylvania Public School Employees Providence Equity Partners invests in media, communications, education, and technology companies across North America and Europe. On the other hand, there are companies that Providence Equity Partners L.L.C is getting rid of from its portfolio. Find the right product for your needs. Home | Providence Equity KPA is a leading provider of environmental, health and safety (EHS) compliance solutions to auto dealers and other markets with similar compliance needs. Tenstreet Announces Majority Growth Investment From Providence Equity Community Health Needs Assessments and Improvement Plans, Notice of Nondiscrimination and Communication Assistance, Build, strengthen and maintain relationships with our diverse communities, including people of color, indigenous people, those who identify as LGBTQIA+ and others experiencing inequities, oppression and discrimination, Listen to and partner with our patients, communities and health plan members to understand and actively reduce structural, racial and cultural barriers to health for all, Partner with community organizations to develop data-informed health equity strategies and implement proven practices to resolve the root causes of health disparities, Amplify the voices of all identities impacted by oppression. The total portfolio value may be much higher due to cash The largest investments include DoubleVerify and Callaway Golf Co, together worth $2.3 billion. Win whats next. Providence was one of the principal pioneers of a sector-based approach to private equity investing. Airties is a leading provider of cloud-based managed Wi-Fi solutions to internet service operators globally. Prior to joining Provenance, Paula worked closely with several leading international brands and multibillion-dollar private equity firms. 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. Two years later, it raised $12 billion more in just three months. Team | PSG We shall not bear anyliability in respect of such comments. Since its founding in. Though we still have a ways to go, we have made significant strides over the past year. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. Providence Equity Partners | LinkedIn Tenstreet is a leading provider of SaaS HR solutions to trucking carriers for recruiting, onboarding and managing compliance for truck fleet drivers. Meet the team that's with you every step of the way. Prior to joining Provenance, Mary Claire worked on the consumer investment team at Sands Capital Management, where she conducted global fundamental diligence on leading public companies in the consumer sector. [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. Private Equity Round - The North Road Company, Investor, Startup, Company or School that the hub is based on, Total number of organizations associated with this hub, Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of founders of organizations in the hub, Average date the Organization was founded, Percentage of organizations in this hub that have been acquired, Percentage of organizations that have gone public with an IPO, Total number of for-profit companies in this hub, Last Funding Round type of organizations in the hub (e.g. 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. Sweetwater is a leading U.S. e-commerce platform for musical instruments and equipment. 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. IMC Construction transitions to Michael Lloyd as new majority owner 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. Save this fund for later to form your own custom list of funds, This summary is composed by our algorithm based on the analysis of the deals. or Providence is a premier global private equity and credit investment firm with more than $50 billion in capital under management. [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. Nautic targets equity investments of $25 to $100 million representing majority ownership in companies with proven business models, defensible market positions, and . Tempo has focused on contemporary music, having acquired songs by Wiz Khalifa and. We offer an assisted fundraising option for startups. LinkedIn sets the lidc cookie to facilitate data center selection. [39], In February 2017, Providence expanded its education business by buying NACE Schools, a Spain-based operator of for-profit schools. organisation These resources will allow LEAs to fund projects that otherwise would not advance or would rely on issuing high interest bonds. Facility Equity Initiative | RI Department of Education 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. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. n2y is a leading provider of SaaS workflow and curriculum solutions to the pre K-12 special education market. With our trademark blend of grit, passion, experience and collaboration, we cut through the noise and help you discover opportunities for growth. The fund targets software, education tech, TMT, SaaS sectors. without the express written approval of PSG Equity L.L.C. To view Providence Equity Partnerss complete investments history, request access, Youre viewing 5 of 29 limited partners. If we find new data, we will add it here. 2023 PitchBook. Team Locations In Memoriam Clear filters Clear Search Collaborative. The venture funds do deals alongside some of the country's highest-profile investment firms, including Kleiner Perkins and Carlyle. 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. Accelerate Learning Announces Majority Investment from Providence [10][11][12] The credit platform was sold to Franklin Templeton Investments in October 2018. Date. The firm specializes in growth-oriented private equity investments and has invested in more than 170 companies globally since its inception in 1989. SevenRooms Raises $50M Series B Round with Providence Strategic Growth This cookie is installed by Google Analytics. All rights reserved. The firm targets equity investments of $150 million to $500 million and can employ a variety of financing structures. 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. 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 . 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,. Contact Information Fund Manager Providence Equity Partners Fund Manager Website www.provequity.com Fund Category Private Equity 365 Retail Markets is a leading provider of self-service commerce technology to the foodservice industry. That is still the fourth-largest opening period . Anti-trust clearance in the United States. Active, Closed, Tags are labels assigned to organizations, which identify their belonging to a group with that shared label, This describes the type of investor this organization is (e.g. 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. Prior to that, Shawnt assessed private credit and equity investments across diversified sectors at Deerpath Capital. Vistage is a leading subscription-based membership organization that provides peer advisory and executive coaching to CEOs. the total portfolio value. [1] [2] We know that every mile on their journey comes one successful step, decision, hire or investment at a time. For more information, please visit www.provequity.com. Language links are at the top of the page across from the title. 5. The cash consideration payable for the Acquisition will be funded from equity financing drawn down from the Providence Equity Funds. Compare Standard and Premium Digital here. At Providence, we recognize that long-standing inequities and systemic injustices exist in the world. 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. Fight for Rhode Island state pension COLAs growing 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 Listening to and learning from people in our communities about the impacts of health disparities, structural barriers and community priorities are key components of this work. 10 considerations for early-stage private equity managers The fund focuses on investments in the United States as 100.0% of the portfolio companies are based in the United States. Providence Equity Partners VIII - PitchBook Data We value each member of our diverse communities for their identities, journeys and experiences. With its headquarters in Providence, RI, the firm also has offices in New York and London. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. analyse how our Sites are used. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. [40] As of 2021[update], the schools portfolio branded as Globeducate[41] has 55 schools in nine countries. Media partnership with European soccer team. Over the past year, Providences health equity work has focused on underserved communities most impacted by the pandemic. and other data for a number of reasons, such as keeping FT Sites reliable and secure, At Providence, we recognize that inequity persists in nearly every major facet of society. For the best experience, please use an alternate browser. We see you are visiting from an Internet Explorer browser. Get the full list, Morningstar Institutional Equity Research. university Relative to the number of outstanding shares of DoubleVerify, Providence Equity Partners L.L.C owns more than 0.5% of the company. The firm has completed more than 120 investments and delivered successful results over three decades. Providence Equity Partners has 80 portfolio exits. Providence seeks to exit music market with $600mn song sale He is a Phi Beta Kappa graduate of Harvard College, where he graduated with a bachelors degree in economics, magna cum laude. 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. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. LinkedIn sets this cookie for LinkedIn Ads ID syncing. Providence combines its partnership approach to investing with deep industry expertise to help management teams build exceptional businesses and generate. He graduated as a Regents Scholar from the University of California, Berkeley with a bachelors degree in Economics. 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. 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). Providence Equity Partners is a specialist PE firm focused on growth-oriented media, communications, education and technology companies. TCP is a leading provider of workforce management software and technology solutions serving thousands of public and private sector businesses. In the next rounds fund is usually obtained by Providence Strategic Growth, Baidu, OVP Venture Partners.The current fund was established by Jonathan Nelson. 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PSG invests in growth-stage software businesses and the founders and management teams that drive them. is a specialist private equity investment firm focused on media, communications, education, technology investments across North America and Europe. Sweetwater Announces Growth Equity Investment from Providence Equity All rights reserved. Providence has also advanced non-COVID focused programs and initiatives supported by learning collaboratives to accelerate change. investments and M&A activities, notable investors of these companies, their management team, and recent news are also included. The Private Equity Firm That Grew Too Fast - The New York Times [7], In 2008, Providence hired Thomas Gahan as president of the firm's new capital markets group and its affiliate, Benefit Street Partners. Prior to founding Provenance, Anthony was a partner at Brentwood Associates, a leading middle-market private equity firm focused on the consumer space.

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