Previously, she was Operating Partner at TSG Consumer Partners from 2014-2017 where she helped source and diligence new investment opportunities in the broader apparel and retail category and oversaw operational and management strategy at portfolio companies . Simply log into Settings & Account and select "Cancel" on the right-hand side. n2y is a leading provider of SaaS workflow and curriculum solutions to the pre K-12 special education market. Nexstar Reaches Multi-Year Agreement With Hulu, Linux Foundation releases DentOS 3.0 network OS, Nexstar Signs Deal With Hulu Covering MyNetworkTV Affiliates, We are much ahead of market in premiumisation: HUL MD & CEO Sanjiv Mehta, What HUL and Nestle results reveal about the recovery in discretionary spends, Mezmo Adds Free Community Plan for Managing Observability Data, After a muted Q4, high base could pose growth challenges for HUL, HULs Q4 marred by inflationary pressures, no respite in sight, HUL shares volatile ahead of Q4FY23 numbers; brokerages expect a healthy Q4 for HUL. The firm has completed more than 120 investments and delivered successful results over three decades. The fund targets software, education tech, TMT, SaaS sectors. 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 The firm targets equity investments of $150 million to $500 million and can employ a variety of financing structures. Provenance was founded by Anthony Choe, a veteran private equity investor in the consumer space for over 20 years, with experience in leading direct-to-consumer brand investments since 2000. 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 has 80 portfolio exits. Private equity takes a renewed interest in UK plc | Financial Times This cookie is installed by Google Analytics. These funds often invest in the rounds preceeding the rounds of Providence Equity Partners: Providence Equity Partners is more likely to invest in rounds together with the following funds: These funds have a tendency to invest in the following rounds after Providence Equity Partners: There are no funds here. analyse how our Sites are used. We provide dozens of additional datapoints about this fund. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. Private equity-backed buyouts globally fell 51 per cent year on year in the first quarter of 2023 to total $136.1bn, according to Refinitiv data. RIDE Launches $15 Million 21st Century Technology and Equipment Fund The firm raises investment funds from a broad array of institutional investors, including pension funds, endowments, sovereign wealth funds, financial institutions, insurance companies, fund of funds, and high-net-worth individuals. Anthony began his career as an analyst at Donaldson, Lufkin & Jenrette in New York from 1994-1996, where he focused on mergers & acquisitions, high yield financings, and leveraged buyouts. 365 Retail Markets is a leading provider of self-service commerce technology to the foodservice industry. The cash consideration payable for the Acquisition will be funded from equity financing drawn down from the Providence Equity Funds. 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. Over the past year, Providences health equity work has focused on underserved communities most impacted by the pandemic. All rights reserved. Providence Equity Partners L.L.Cs portfolio is diversified across 3 sectors. Advancing health equity one person at a time. Each year, Providence serves more than 6 million people of every walk of life. Hyve Group PLC said Tuesday that it has agreed to a 363 million pound ($453.2 million) final takeover offer from private equity firm Providence Equity Partners LLP. SevenRooms Raises $50M Series B Round with Providence Strategic Growth Team Provenance Just a few of the words that our people use to describe their PSG experience. Prior to joining Provenance, Paula worked closely with several leading international brands and multibillion-dollar private equity firms. Providence combines its partnership approach to investing with deep industry expertise to help management teams build exceptional businesses and generate. PDF Providence Memorandum - Pennsylvania Public School Employees Providence Equity Partners VII is a buyout fund managed by Providence Equity Partners. YSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages. In addition, the fund holds 21,175,226 shares of Callaway Golf Co worth $432 million, whose value fell 2.5% in the past six months. It targeted commercial services and TMT sectors. We are private equity specialists, focused on growth-oriented media, communications, education and technology companies throughout North America and Europe. $2.64 billion and $2.64 billion respectively. Under the . Angel, Fund of Funds, Venture Capital), General contact email for the organization. The fund investment ranges from USD $150.0 to $500 million. Series A, Seed, Private Equity), Average of the Crunchbase Ranks of the organizations in this hub, Total number of funding rounds associated with this hub, Total funding amount raised across all funding rounds, Total number of acquisitions made by organizations in the hub, Total number of investments made by investors in this hub, Total number of lead investment firms and individual investors that invested in organizations of this hub, Total number of investment firms and individual investors that invested in organizations of this hub, Median number of investments made by investors in this hub, Median number of lead investments made by investors in this hub, Total number of people associated with this hub, Total amount raised at IPO of all the organizations associated with this hub, Median amount raised at IPO of all the organizations associated with this hub, Total valuation at IPO of all the organizations associated with this hub, Median valuation at IPO of all the organizations associated with this hub, Average date at which organizations in this hub went public, Percentage of organizations in this hub that have removed their stock from the stock exchange. As of 8th August 2022, Providence Equity Partners L.L.Cs top holding is 82,520,604 shares of DoubleVerify currently worth over $1.87 billion and making up 71.0% of the portfolio value. [42], In October 2017, Modern Times Group sold its telecommunication businesses in the Baltic states to Providence Equity Partners. Providence seeks to exit music market with $600mn song sale 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). We offer an assisted fundraising option for startups. Providence Equity Partners acquires lease for Times Square billboards Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Advocate to reform the drivers of health, social and economic disparities. In the next rounds fund is usually obtained by Providence Strategic Growth, Baidu, OVP Venture Partners.The current fund was established by Jonathan Nelson. For a full comparison of Standard and Premium Digital, click here. In thesame time you shall not use vulgar, abusive or defamatory language as well as expresshatred or call to violence or cruelty. The Scheme is expected to become effective in May 2023. We support credit card, debit card and PayPal payments. You can make choices about cookie use below. Providence Equity Partners L.L.C 13F annual report Necessary cookies are essential to the proper function of our site. Node4 is a leading U.K. 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. The Boston Foundation names M. Scott Knox as new director for its Analytical cookies are used to understand how visitors interact with the website. Providence Equity Partners was a 1996 vintage buyout fund managed by Providence Equity Partners. Meet the team that's with you every step of the way. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. The fund invested in TMT and communications and networking sectors. Since its founding in 1989, Providence has invested over $32. This latest funding aims to support SevenRooms' continued . [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. We've assembled a list of 10 finance and operations requirements that early-stage PE firm leaders should consider early in their journeys. And the consequences are often deadly, leading to higher mortality and morbidity rates for communities of color and marginalized populations. 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. After building a global investing firm, Paul Salem is focusing locally Premium access for businesses and educational institutions. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. This is just the beginning. [52], Media related to Providence Equity Partners at Wikimedia Commons. 2023 PitchBook. Home - Nautic [51], In September 2020, Providence announced a leadership transition plan, under which founder and CEO Jonathan M. Nelson would become Executive Chairman in January 2021. The total portfolio value may be much higher due to cash Community Health Needs Assessments and Improvement Plans, Notice of Nondiscrimination and Communication Assistance, Build, strengthen and maintain relationships with our diverse communities, including people of color, indigenous people, those who identify as LGBTQIA+ and others experiencing inequities, oppression and discrimination, Listen to and partner with our patients, communities and health plan members to understand and actively reduce structural, racial and cultural barriers to health for all, Partner with community organizations to develop data-informed health equity strategies and implement proven practices to resolve the root causes of health disparities, Amplify the voices of all identities impacted by oppression.