Providence Equity Partners related stories
All articles and analysis
Energy Impact Partners taps tech-focused Carlyle veteran for Europe pushNazo Moosa, a founding team member of Carlyle Europe Technology, will head EIP’s London office and manage the firm’s Europe portfolio alongside co-managing partner Matthias Dill.
LPs favour mid-market buyouts and secondaries – reportApproach ranked first ahead of other strategies among LPs' long-term preferences, according to a survey by Montana Capital Partners.
Providence funds n2yProvidence Equity Partners has made a majority investment in n2y LLC, a provider of software, curriculum and tools to the K-12 special education market. No financial terms were disclosed. The Riverside Company, which invested in n2y in 2016, will retain an ownership stake in the business.
- PSG-backed ShootProof buys Design Aglow
ShootProof, which is backed by Providence Strategic Growth, has acquired Design Aglow, an e-commerce platform offering custom wholesale print products and sales tools to photographers. No financial terms were disclosed.
- EQT in talks to buy EdgeConneX: Bloomberg
EQT is in talks to buy EdgeConneX in a deal valued at a minimum of $2.5 billion, Bloomberg reported Oct. 11. Providence Equity Partners is selling the infrastructure services provider EdgeConneX, Buyouts reported in September.
Who raised the largest fund in September?Vista's $16bn haul for its seventh flagship fund, Advent's $2bn debut tech fund and Hahn & Co's largest fund for Korea are among the largest funds closed during the month.
Providence Equity Partners raises $6bnThe US manager has held a final close of its eighth equity fund above target.
- Providence Equity's eighth fund raises $6 bln: Wall Street Journal
Providence Equity Partners has closed its latest flagship on $6 billion, according to the Wall Street Journal. The target for Providence Equity Partners VIII LP was $5 billion, the story said.
- PE HUB Wire Highlights, 9.11.19
Whitehorse leads strip sale out of Carlyle's debut mid-market fund; Morgan Stanley Capital Partners weighs sale of Pathway Vet Alliance; LSE gets surprise $39 bln offer from Hong Kong Exchange
- Providence Strategic sells control of Burning Glass Technologies to KKR
KKR said Sept. 11 that it closed its buy of a majority stake in Burning Glass Technologies. Providence Strategic Growth was the seller. Financial terms weren’t announced. Burning Glass Technologies is an analytics software company that provides labor market data.