Providence Equity Partners related stories
All articles and analysis
Quadrant Private Equity acquires Media MonitorsThe buyout rush in Australia this week continues with Quadrant Private Equity’s acquisition of the media intelligence company for a reported A$160m.
- Providence reaps 2.5x on cable exit
Cablevision has agreed to buy Bresnan Communications in a deal valued at $1.4bn from majority owner Providence. Quadrangle Capital Partners also owns a stake in the company.
- Fifth Street CEO: Deal activity to heat up
Looming tax rises and upcoming fundraisings will motivate GPs to exit during the second half of this year, says Leonard Tannenbaum.
- Providence to buy Kroll for $1.13bn
The all-cash deal will allow Providence to add Kroll to its security and screening platform company Altegrity.
- Panel: Distressed opportunity evolves with market
Private equity distressed players are finding good returns by helping to capitalise small, distressed businesses, and by scouting for buyout-backed companies being groomed for exit.
- US lobbying association seeks more members
The handful of major firms backing the Private Equity Council will open membership to other GPs, including small firms that may make a better impression on Capitol Hill.
- BC Partners raises €748m in listing
The private equity firm sold nearly 15m shares in chemical company Brenntag in a heated German IPO market.
- Providence-backed KDG raises €760m
Germany’s largest cable television operator has gone public in the largest IPO in Germany since 2007.
- Providence investment group adds managing director
Former GoldenTree partner Oliver Wriedt is joining the firm’s Capital Markets Group, which was created in 2008 by former Deutsche Bank Securities CEO Thomas Gahan to invest in the debt of media- and communications-focused companies.
- Providence hires former GMAC exec as CFO
Former GMAC chief financial officer Robert Hull will take over the role at the media -and communications-focused firm from Raymond Mathieu.