Providence Equity Partners related stories
All articles and analysis
Arsenal Capital Partners expands team with new hireNew York-based private equity firm Arsenal Capital Partners has hired Grace Rhee Kim as a principal in investor relations. Previously, Kim worked at Providence Equity Partners where she was a principal of business development.
- Helios Towers Africa snags $630 mln
Helios Towers Africa has received $630 million in funding. The investors include Quantum Strategic Partners, Helios Investment Partners, Albright Capital Management, RIT Capital Partners, the International Finance Corp., Providence Equity Partners and IFC African, Latin American and Caribbean Fund. HTA is a telecommunications towers firm in Africa.
- Univision sees value in holding off on sale
Univision Communications has had several informal sale talks in the past year, but the company’s board could take a year or longer to decide on a potential deal, as the company seeks to boost profits and pay down debt, people familiar with the matter said.
Moody's: Default rate no worse in large buyouts than similar companiesSurprise! Large buyout shops, which typically shoveled huge amounts of debt onto their portfolio companies during the so-called bubble years, actually did OK in terms of default rates.
- Defaults no worse in PE portfolios, Moody's finds
Portfolio companies of large buyout shops, which typically carried huge amounts of debt during the so-called bubble years, actually fared no worse in terms of default rates than big debt issuers without financial sponsors, Moody’s Investors Service said
BV Investment Partners eyes final close this summer for Fund VIIIBV Investment Partners, which was founded in 1983 as Boston Ventures and re-branded in 2010, has collected $262 million for its eighth fund. Fund VIII has been in the market since 2012 targeting $400 million.
- Providence buys stake in Indian home shopping business
Providence Equity Partners has acquired a 50 percent stake in STAR CJ Network India Pvt. Ltd., a home shopping joint venture with Korea's CJ O Shopping Co. Ltd. The stake was sold by Star HS Ltd., an affiliate of STAR India, a media and entertainment conglomerate. Financial details were not disclosed.
- BV Investment Partners eyes close for Fund VIII
A lengthy fundraising may be coming to an end. BV Investment Partners, which was founded in 1983 as Boston Ventures and re-branded in 2010, has collected $262 million for its eighth fund. Fund VIII has been in the market since 2012 targeting $400 million.
- Oak Hill in $1.47bn exit to CCMP
CCMP’s acquisition of the Hillman Companies comes as the firm seeks $3.5bn for its third buyout fund.
- Will PE bid for the L.A. Clippers?
The expected sale of the Los Angeles Clippers basketball team is drawing interest from billionaires such as Oprah Winfrey and media mogul David Geffen, but there has been scant interest from private equity types.