Providence Equity Partners related stories
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Van den Ende sells 60 pct stake in Stage Entertainment: ReutersPrivate equity firm CVC Capital Partners is set to buy a 60 percent stake in European theatre production company Stage Entertainment from Dutch media tycoon Joop van den Ende, Reuters reported.
PE-backed Univision buys TheRoot.comUnivision Communications Inc., which is expected to go public, has acquired The Root, an African American news site.
- PE-backed Univision buys The Root
Private equity-backed Univision Communications Inc, which is expected to go public, has acquired http://www.businesswire.com/news/home/20150521006545/en/Univision-Communications-Acquires-Premier-Website-African-American-Influencers#.VV8231l3nBI The Root, an African-American news site, from Graham Holdings Co.
LP Scorecard: CalSTRS collects more than $6 billion in distributions in recent 12-month periodThe California State Teachers’ Retirement System enjoyed a strong year of distributions in the year ending September 2014, realizing almost $6.1 billion from its private equity portfolio.
- DataHero scores $6.1 mln Series A
San Francisco-based DataHero, a provider of self-service Cloud BI, has raised $6.1 million in Series A funding. Return backer Foundry Group led the round. Also, the company has named Ed Miller as CEO.
- Providence Equity to sell vRad to Mednax for $500 mln
Mednax Inc. said Tuesday it agreed to buy Virtual Radiologic Corp. (vRad) in a deal valued at $500 million. The seller was Providence Equity Partners. Eden Prairie, Minnesota-basd vRad is radiology physician services and telemedicine company. vRad’s current management team will remain with the company as part of Mednax. Credit Suisse provided financial advice to vRad while Kirkland & Ellis LLP was their law firm. McDermott, Will & Emery acted as legal advisor to Mednax.
- Black, Schwarzman tout energy despite slump
Energy investments, real estate, and credit topped the list of the billionaire’s big ideas
- LP Scorecard: Lindsay Goldberg produces anything but small potatoes for Idaho
Large and mega-sized funds dating back to right before the Great Recession led the way in year-over-year distribution for the Public Employee Retirement System of Idaho during a recent one-year period. Overall the pension enjoyed over $261 million in distributions from its private equity portfolio in the year ending September 2014, with the top five funds responsible for about $76 million of that.
Cirque du Soleil in advanced deal talks with private equity: ReutersCirque du Soleil is in advanced talks with two private equity consortia about selling a majority stake in what is the largest theatrical production company in the world, sources told Reuters. A consortium of CVC Capital Partners and Providence Equity Partners, as well as a pairing of TPG and China's Fosun, are in negotiations with the company's owner Guy Laliberté in an effort to clinch a deal, the sources said.
- Discovery, Providence Equity eye S.Korean pay-TV firm- Korea Economic Daily
Discovery Communications Inc and private equity firm Providence Equity Partners were among four U.S. bidders expressing interest in South Korean cable TV firm C&M Co, a newspaper reported on Wednesday