Providence Equity Partners agrees to buy majority stake in UK-based ATG

Providence Equity Partners has agreed to purchase a majority stake in The Ambassador Theatre Group. No financial terms were disclosed. As part of the transaction, Exponent Private Equity will retain a minority stake in ATG. UBS Investment Bank served as exclusive financial advisor to ATG and Exponent in the deal. Ingenious Corporate Finance and Weil, Gotshal & Manges aided Providence in the transaction. Based in the UK, ATG is a theater production company.

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