Providence Equity Partners related stories
All articles and analysis
Farrell named CEO of GlobalTranz EnterprisesGlobalTranz Enterprises Inc said Wednesday that it named Robert “Bob” Farrell as its CEO. Andrew Leto, GlobalTranz’s founder and current CEO, will continue on the board. GlobalTranz, freight management solution provider, is backed by Providence Equity Partners and Susquehanna Growth Equity.
- Providence takes minority stake in Topgolf
Providence Equity Partners acquired a minority stake in Topgolf Entertainment Group, a Dallas-based operator of driving ranges. Terms of the investment were not disclosed.
- Providence Equity invests $96 mln in Skybox Security
Providence Equity Partners invested $96 million in Skybox Security, a cyber security firm, through its growth equity affiliate Providence Strategic Growth. Founded in 2002, San Jose, California-based Skybox has raised $138 million to date.
- Indonesia's Link Net puts stake sale on hold: Reuters
Indonesian cable television and broadband operator PT Link Net Tbk has put on hold the sale of a majority stake until the economy improves, a spokeswoman said on Tuesday.
- Providence's Nelson gifts $25 mln to Brown University
Jonathan M. Nelson, the founder and CEO of Providence Equity Partners, has provided a $25 million gift to Brown University to launch The Nelson Center for Entrepreneurship. The Nelson Center will operate in collaboration with existing departments, schools and centers at Brown to foster entrepreneurship. Nelson is a 1977 Brown graduate. He became a member of Brown’s Board of Trustees in 2000 before being elected to the Board of Fellows in 2011
- The ‘Pao effect’
The lawsuit filed against CVC has echoes of Ellen Pao’s case against Kleiner Perkins in 2012.
- Former CVC exec sues firm for sexual discrimination
Former IR managing director Lisa Lee alleges she was fired in retaliation for her complaints about ‘systemic gender discrimination’ at the firm.
- Mid Europa sells European mobile operator to Providence
Providence Equity Partners has agreed to acquire Bité Finance International BV from Mid Europa Partners. No financial terms were disclosed for the deal that's expected to close in the first quarter of 2016. Bite is a leading mobile operator in the Baltic countries.
- Providence Equity backs Abacus
Providence Equity has acquired a controlling stake in San Diego-based Abacus Data Systems Inc, a provider of single source fully managed tech solutions. No financial terms were disclosed.