Providence Equity Investment Data and Transaction History

Providence Equity Partners is a global private equity firm that has made numerous investments in the media, communications, education, and information industries.

The firm has a significant presence in the global private equity market, with over $45 billion in cumulative capital raised since its inception in 1989.

Providence Equity has a strong track record of investing in the media and communications sector, with notable investments including a $2.5 billion deal for a 51% stake in the US cable operator Bright House Networks.

The firm's investments have generated significant returns, with a reported IRR of 23% on its $1.5 billion investment in the US-based education company Chegg.

Providence Equity is a global private equity firm that was founded in 1989 by Jonathan Nelson.

The firm has over $50 billion in assets under management and has invested in over 180 companies across various industries.

Providence Equity has a strong presence in the media and communications sector, with investments in companies like iHeartMedia and Sling TV.

The firm's investment approach focuses on partnering with experienced management teams to drive growth and value creation.

Providence Equity's structure is designed to provide flexibility and adaptability in the private equity industry.

The firm's flagship fund, Providence Strategic Growth, has a typical investment period of 5-7 years, with a focus on growth equity investments in the technology and healthcare sectors.

This structure allows Providence Equity to take a long-term view when investing in companies, with a focus on creating value over time.

Charts and Graphs are essential tools for understanding the structure of private funds.

Providence Equity Partners Vii-A L.P. ranks 356 out of 30967 registered private funds.

A fund's ranking can give us an idea of its size and scope.

The same fund ranks 754 out of 30967 registered private funds, indicating a relatively small presence in the market.

Providence has made significant investments in various companies since 2013, including 365 Retail Markets, Ambassador Theatre Group, and DoubleVerify.

These investments demonstrate Providence's strategic approach to growth and expansion.

In April 2022, Providence acquired Airties, a cloud-based managed Wi-Fi solutions provider, expanding its portfolio.

Providence's operational focus is evident in its diverse range of investments across different industries and sectors.

The acquisition of Airties marked a significant milestone in Providence's history, highlighting its commitment to innovation and technological advancements.

Providence Equity has a history of strategic investments. In 2017, they acquired Modern Times Group's telecommunication businesses in the Baltic states, forming All Media Baltics (now known as TV3 Group).

This move marked a significant expansion into the region. Providence Equity's partnership with Apollo helped found North Road, a multi-genre film and TV studio led by Peter Chernin.

Here are the details of the North Road transaction:

Equity Partners VII-A LP was established by Providence Equity Partners L.L.C., a private equity firm that operates a range of funds.

The fund has approximately $3.5 billion in assets, which is a significant amount in the private equity world.

Providence Equity Partners VII-A LP requires a minimum investment of $20 million, indicating that it's a high-stakes investment opportunity.

Management owns just 4% of the fund, which suggests that the fund is largely owned by external investors.

The fund is one of the larger private funds, with $3.5 billion in assets, and is operated by Providence Equity Partners L.L.C.

Providence Equity Partners VII-A LP is a private equity fund, and as such, it is not publicly traded, which can limit access to its financial information.

The fund has a Private Fund ID of 805-5534878203, which is a unique identifier for private funds in the United States.

Providence Equity Partners L.L.C. manages a total of 29 private funds, including Providence Equity Partners VII-A LP, indicating a significant presence in the private equity market.

In October 2017, Modern Times Group sold its telecommunication businesses in the Baltic states to Providence Equity Partners.

The newly acquired companies were united and operate under the All Media Baltics company name, now known as TV3 Group.

This significant transaction marked a new era for the companies involved, setting the stage for future growth and development.

In this section, we'll take a closer look at some of the notable transactions in the history of Providence Equity.

One of these transactions is the growth investment in partnership with Apollo, which helped found North Road, a multi-genre film and TV studio led by renowned businessman Peter Chernin.

The North Road Company received $500 million in funding from new investor, Providence Equity Partners L.L.C. for a minority stake in the company.

This transaction was closed in July 2022 and valued at $500 million.

Here are the details of the transaction: