Marlink is a leading provider of high bandwidth satellite connectivity and digital solutions to the maritime and enterprise end markets. 10 considerations for early-stage private equity managers After building a global investing firm, Paul Salem is focusing locally are based in the United States. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. The prior fund, Providence VII, closed with $5 billion in 2013. Though we still have a ways to go, we have made significant strides over the past year. Among the various public portfolio startups of the fund, we may underline iQiyi, Hulu, Skybox Security For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Under the . You may change or cancel your subscription or trial at any time online. See our, Chongqing Anxincheng Guquan Touzi Jijin Guanli Youxian Gongsi, Monmouth Beach, New Jersey, United States, Baden-Wrttemberg, Baden-Wurttemberg, Germany. That is still the fourth-largest opening period . If you think that some of this information is not accurate, please, The average size of a deal this fund participated in, How often the fund supports its portfolio startups at next rounds. Find the right product for your needs. portfolio of holdings. In 2000, Providence oversaw just $3.6 billion. And we commit to doing the personal and institutional work needed to live the values of Providence, which call us to welcome all and serve one another with respect and dignity. Analytical cookies are used to understand how visitors interact with the website. 100.0% of the portfolio companies In the most recent 13F filing, Providence Equity Partners L.L.C revealed that it had opened a new position in The fund has specific favorite in a number of founders of portfolio startups. LinkedIn sets this cookie to remember a user's language setting. We can highlight the next thriving fund investment areas, such as Service Industry, Gaming. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Providence Equity Partners | LinkedIn As part of this work, we developed a comprehensive pandemic response to address the needs of people disproportionately impacted by COVID-19. About | PSG Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. Some are required for the site to work. In thesame time you shall not use vulgar, abusive or defamatory language as well as expresshatred or call to violence or cruelty. When the investment is from Providence Equity Partners the average startup value is 500 millions - 1 billion dollars. On the other hand, there are companies that Providence Equity Partners L.L.C is getting rid of from its portfolio. Insights about top trending companies, startups, Providence Equity Partners - Crunchbase Investor Profile & Investments RIDE Launches $15 Million 21st Century Technology and Equipment Fund KPA is a leading provider of environmental, health and safety (EHS) compliance solutions to auto dealers and other markets with similar compliance needs. The venture funds do deals alongside some of the country's highest-profile investment firms, including Kleiner Perkins and Carlyle. Providence Equity Partners VIII - PitchBook Data without the express written approval of PSG Equity L.L.C. The main department of described VC is located in the Providence. Simply log into Settings & Account and select "Cancel" on the right-hand side. We've assembled a list of 10 finance and operations requirements that early-stage PE firm leaders should consider early in their journeys. A cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface. Currently, their heaviest sector is Technology making up 72.4% of [52], Media related to Providence Equity Partners at Wikimedia Commons. Save this fund for later to form your own custom list of funds, This summary is composed by our algorithm based on the analysis of the deals. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Our vision, Health for a Better World, is driven by a belief that health is a human right. cookies How much aggregate funding have these organizations raised over time? [50], In April 2022, it was announced Providence had acquired the cloud-based managed Wi-Fi solutions provider, Airties. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. You post comments at your own choice and risk. Benefit Street Partners closed on a $1.75 billion middle market direct lending fund in April 2014. Set your location to find care near you. News & Media | Carlyle In addition to his investing activities, Anthony is a guest lecturer on private investing at the UCLA Anderson School of Business and is a member of YPO. Team | PSG Providence Equity Partners Profile: Investments & Returns | PitchBook But the . Valuation. [3][4][5], Providence is headquartered in Providence, Rhode Island with additional offices in New York, Boston, London and Atlanta.[6]. She was also a member of the Financial Analyst Program, where she served as an analyst for The University of Texas Investment Management Company (UTIMCO). At Providence, we recognize that long-standing inequities and systemic injustices exist in the world. Contact Information Fund Manager Providence Equity Partners Fund Manager Website www.provequity.com Fund Category Private Equity A tried and tested strategy A successful investment strategy is like a muscle. The fund is located in Providence, Rhode Island and invests in Western Europe, North America. Compare Standard and Premium Digital here. Currently, Providence Equity Partners L.L.C's portfolio is worth at least $2.64 billion. The statement articulates a world where every person has the chance to live their healthiest life. He is a Phi Beta Kappa graduate of Harvard College, where he graduated with a bachelors degree in economics, magna cum laude. The fund was based in Providence, Rhode Island. Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. This latest funding aims to support SevenRooms' continued . Providence remains a shareholder in the company. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. Prior to that, she assessed private equity co-investments in small and mid-market companies in the consumer, health and education sectors at Harris Preston & Partners, where she began her career. Providence Equity Partners VII is a buyout fund managed by Providence Equity Partners. This category only includes cookies that ensures basic functionalities and security features of the website. Win whats next. [1] Providence prefers to lead its investments, serve on company boards, and work collaboratively with company management. This list of organizations invested in by Providence Equity Partners provides data on their funding history, investment activities, and acquisition trends. Due to the deprecation of Internet Explorer and for security reasons, the PSG site is not supported in Internet Explorer. Our investment of $50 million to reduce health disparities and achieve health equity is just the beginning. Each year, Providence serves more than 6 million people of every walk of life. The high activity for fund was in 2000. We do not intend to delete any comments on the website unless within our noticeand take down procedure. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. Seesaw is a leading SaaS-based classroom technology platform targeted towards elementary grade levels. This includes prioritizing at-risk groups for testing, treatment and vaccinations. Premium access for businesses and educational institutions. and other data for a number of reasons, such as keeping FT Sites reliable and secure, Providence is a premier global private equity and credit investment firm with more than $50 billion in capital under management. Knox will . or Advancing health equity one person at a time. American global private equity investment firm, "Company Overview of Providence Equity Partners LLC", "Providence Equity buys Star India's stake in Star CJ", "Providence Equity Closes Eighth Flagship Fund Above $6 Billion", "Providence Equity Raises $12 Billion Buyout Fund", "Private Equity International magazine's ranking of the world's largest private equity firms", "Benefit Street Closes $1.75B Credit Fund", "Providence Equity debt arm hits $1.75 bln hard cap on Fund III", "Tommy Gahan Wants to Capitalize on Volatility", "Franklin Templeton Buys Providence Equity's Benefit Street Partners", "Private equity fuels Ironman triathlon organizer's gauntlet", "Providence Equity Backs Golf Entertainment Company Topgolf", "Providence buys Ambassador Theatre Group for 350m", "Providence Acquires Majority Stake in DoubleVerify", "Shamrock Capital to sell Learfield to Providence Equity", "Providence Equity buys GlobalTranz back from The Jordan Company after just 8 months", "Providence Equity buys Riverside's majority stake in n2y", "Providence Equity Partners takes majority stake in Node4", "Providence Equity Invests $223 Million in Finnish Social Ad-Tech Firm", "Providence Equity Partners Invests In TAIT", "Driver clearinghouse Tenstreet acquired by Providence Equity Partners", "Onex Corp to buy Tes Global from Providence Equity Partners", "Providence sells Galileo to CPP-led consortium", "Investment Firm EQT Agrees to Purchase EdgeConneX for $2.5 to $3 Billion", "Providence Equity Sells Scuba Certifier PADI for $700 Million", "Providence to Sell Ascend Learning Stake to Blackstone, CPPIB After Nearly 10-Year Hold", "Golden Gate Capital Buying Vector Solutions", "Providence Equity's Sale of ZeniMax Will Bring Lucrative End to 13-Year Deal", "NFL, Providence Equity form strategic investment partnership", "Providence Equity Said to Sell Stake in Firm to Investors", "Providence Equity May Lose Hundreds of Millions as Altegrity Faces Seizure in Snowden Fallout", "Providence Equity acquires NACE international schools group", "MTG sells Baltic broadcasting businesses MTG", "MTG completes the sale of its Baltic broadcasting businesses MTG", "All Media Baltics to Deliver Top-quality TV Reception via SES Video", "Acquisition of MTG's business in Baltics completed; new company to be named All Media Baltics", "Providence to More Than Quintuple Its Money on MsMvil", "Providence Strategic Growth collects $2bn for fourth fund", "Sweetwater Has New Majority Owner; Chuck Surack Leaves CEO Post Sweetwater Sound Sold; Surack Steps Up", "Providence to acquire Airties | Infrastructure | News | Rapid TV News", "Providence Equity's Nelson Plans to Shift Role as Firm Maps Out Transition", Private investment in public equity (PIPE), Taxation of private equity and hedge funds, Private equity and venture capital investors, https://en.wikipedia.org/w/index.php?title=Providence_Equity&oldid=1149093458, Private equity firms of the United States, Companies based in Providence, Rhode Island, Financial services companies established in 1989, Short description is different from Wikidata, Articles containing potentially dated statements from 2021, All articles containing potentially dated statements, Creative Commons Attribution-ShareAlike License 3.0, Michael Dominguez, Chief Investment Officer, This page was last edited on 10 April 2023, at 04:36. Providence Equity Partners acquires lease for Times Square billboards The two most similar investment funds to Providence Equity Partners L.L.C are Dearborn Partners and Cambridge Trust Co. The largest investments include DoubleVerify and Callaway Golf Co, together worth $2.3 billion. Providence Equity Partners L.L.Cs portfolio is diversified across 3 sectors. [10][11][12] The credit platform was sold to Franklin Templeton Investments in October 2018. Providence has also advanced non-COVID focused programs and initiatives supported by learning collaboratives to accelerate change. PROVIDENCE For 27 years, Paul J. Salem played a key role in helping Providence Equity Partners grow from managing $171 million to more than $50 billion in investments in media,. Accelerate Learning Announces Majority Investment from Providence Equity Partners 17 February 2023 PCF Insurance Services Secures $500 Million Preferred Equity Investment Co-Led by Carlyle Global Credit and HGGC 17 February 2023 Carlyle Announces Grant of Employment Inducement Awards News Release Archive Years 11 April 2023 These cookies track visitors across websites and collect information to provide customized ads. He concurrently served on the investment team at ONCE Ventures, where he sourced and performed due diligence on early-stage opportunities across food, beverage, and supplements. Contact Information Fund Manager Tenstreet Announces Majority Growth Investment From Providence Equity Founded 2014 Locations Primary 401 Park Drive Boston, Massachusetts 02215, US Get directions 4900 Main Street Kansas City, Missouri 64112, US Get directions 15 Sloane Square London, England SW1W. They allow you to move around the site and use its features. By Kyle Morris. CloserStill Media runs business exhibitions in the healthcare, learning and technology sectors. Mary Claire graduated from the University of Texas at Austin, with a BBA in Business Honors and Finance, and a minor in textiles focused on consumer behavior. Each year, we serve more than 6 million people of every walk of life. Facebook sets this cookie to show relevant advertisements to users by tracking user behaviour across the web, on sites that have Facebook pixel or Facebook social plugin. Providence Equity - Wikipedia North Road is a global, multi-genre, independent content studio. Listening to and learning from people in our communities about the impacts of health disparities, structural barriers and community priorities are key components of this work. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. At Providence, we recognize that long-standing inequities have led to health disparities. Without these cookies, we cannot provide services through the site. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. The fund is based in Providence, Rhode Island and invested in the United States. Exit. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. It targeted commercial services and TMT sectors. Since its founding in 1989, Providence has invested over $32. Prior to that, Shawnt assessed private credit and equity investments across diversified sectors at Deerpath Capital. This is just the beginning. Prior to joining Provenance, Shawnt worked on the Global Strategy & Planning Team at Otsuka, where he was responsible for evaluating M&A opportunities and analyzing growth strategies within the consumer packaged goods division. 2023 PitchBook. [15][16], Since 2013, significant investments by the firm include 365 Retail Markets, Ambassador Theatre Group, DoubleVerify, Learfield Communications, GlobalTranz, Groupe La Centrale, MsMvil Group, n2y, Node4, Smartly.io, TAIT, Tenstreet, and TCP. Detailed Profile of PROVIDENCE EQUITY PARTNERS L.L.C. Prior to joining Provenance, Paula worked closely with several leading international brands and multibillion-dollar private equity firms. Funds with similar focus located in United States: Funds with similar geography of portfolio companies: Funds with similar focus acting as lead investors: By posting comments on our website you confirm and acknowledge that: To post a comment or write a complain, please sign in with LinkedIn. Genuine. Providence was one of the principal pioneers of a sector-based approach to private equity investing. [38], In February 2015, Providence's $800 million stake in security screener Altegrity was wiped out when the security company was accused of fraud and filed for bankruptcy. It also outlines five commitments that we pledge to deliver to every patient and every community we serve. We are private equity specialists, focused on growth-oriented media, communications, education and technology companies throughout North America and Europe. Relative to the number of outstanding shares of DoubleVerify, Providence Equity Partners L.L.C owns more than 0.5% of the company. Providence Equity Partners is a specialist private equity investment firm focused on growth-oriented media, communications, education, and technology companies across North America and Europe. Get the full list, Morningstar Institutional Equity Research. Companies. Look at other 50 related and similar funds, Top 20 VC funds that took part in the most Private Equity funding rounds in Business Development industry over the recent years, Top 20 VC funds that took part in the most Private Equity funding rounds in Content industry over the recent years, We use cookies and similar technologies to improve your user experience.