Providence Equity Partners related stories
All articles and analysis
Quadrangle opens in LondonUS media and communications investment firm Quadrangle has opened its doors in London, passing 3i, CVC Capital Partners and BC Partners, which have all started New York operations recently.
- EMI agrees to £2.4bn Terra Firma bid
The world’s third largest recording company, EMI, has accepted a £2.4 billion, eleventh-hour bid from UK private equity firm Terra Firma.
- GS, TPG to take Alltel private for $27.5bn
TPG and Goldman have agreed to buy US wireless provider Alltel for $27.5 billion, the largest-ever private equity deal in the telecom sector.
- Virgin Media considers take private
A private equity consortium led by Providence Equity Partners is reportedly preparing a $15 billion bid for UK cable business Virgin Media.
- Cerberus joins BCE battle
Cerberus has joined the race to buy BCE, a $29 billion Canadian telecoms giant currently undergoing a strategic review, as the country’s biggest pension funds scramble for some involvement in the deal.
- Consortiums eyeing $24bn Alltel deal
US regional wireless carrier Alltel is reportedly in meetings with at least three groupings of major private equity firms: Blackstone and Providence, TPG and Goldman Sachs, and Carlyle and KKR.
- Providence to buy Carlyle, Welsh Carson portfolio company for $1.5bn
The Carlyle Group and Welsh Carson have agreed to sell USIS, a provider of “pre-employment screening solutions”, to Providence Equity Partners for $1.5 billion.
- Ironbridge to acquire New Zealand’s MediaWorks for $407m
Ironbridge Capital is set to take over MediaWorks in New Zealand after it reached an agreement to buy out the company’s 70 percent shareholder in a transaction that values the company at $407 million.
- Cerberus-backed group increases Affiliated bid(2)
A Cerberus-backed bid for IT outsourcing firm Affiliated Computer Services has been raised nearly 5 percent – after its board’s rejected the investors’ request to enter into exclusive negotiations.
- BCE in talks with KKR, Canadian pensions(2)
Canada’s largest communications company, BCE, has announced it is in buyout discussions about a potential $28 billion privatisation.