is a specialist private equity investment firm focused on media, communications, education, technology investments across North America and Europe. Prior to joining Provenance, Mary Claire worked on the consumer investment team at Sands Capital Management, where she conducted global fundamental diligence on leading public companies in the consumer sector. We value each member of our diverse communities for their identities, journeys and experiences. FY 2022 SBA Capital Fund - Facility Equity Initiative; FY 2022 SBA Capital Fund - ARTS Initiative Grants; FY 2023 SBA Capital Fund - Facility Equity Initiative; Contact Information 255 Westminster Street Providence . Providence is a premier global asset management firm that pioneered a sector-focused approach to private equity investing with the vision that a dedicated team of industry experts could build. Since the firm's inception in 1989, Providence has invested in more than 180 companies and is a leading equity investment firm focused on the media, communications, education and information industries. 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. But the . Since its founding in 1989, Providence has invested over $32. the total portfolio value. Last year, Providence's portfolio of investments generated. For cost savings, you can change your plan at any time online in the Settings & Account section. The Providence Equity Partners L.L.C office and employees reside in Providence, Rhode Island. Nautic Partners is a middle-market private equity firm that has managed over $9.5 billion in assets since it founding in 1986. Get the full list, Morningstar Institutional Equity Research. Paula currently serves on the board of MeUndies, a Provenance portfolio company, as well as ThredUp (NASDAQ: TDUP), a publicly-traded high-growth recommerce platform. Meet the team thats with you every step of the way. Advocate to reform the drivers of health, social and economic disparities. 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. Providence pioneered a sector-focused approach to private. The Boston Foundation has named M. Scott Knox as the first director of the Equality Fund, the foundation's fund to support Greater Boston nonprofits that serve the LGBTQ+ community. [49], In August 2021, it was announced that Providence Equity had purchased a majority share of Sweetwater Sound, a major musical equipment retailer based in Fort Wayne, Indiana. We offer an assisted fundraising option for startups. [50], In April 2022, it was announced Providence had acquired the cloud-based managed Wi-Fi solutions provider, Airties. Prior to that, Anton spent 5 years making control buy-and-build investments at Altpoint Capital, a private equity firm specializing in mid-sized companies in the energy, industrial and telecommunications sectors. Just a few of the words that our people use to describe their PSG experience. We can highlight the next thriving fund investment areas, such as Service Industry, Gaming. You can make choices about cookie use below. Investors in Providence Equity Partners VI include Alaska Permanent Fund, which committed $40 million, the California State Teachers' Retirement System, which committed $700 million and Canada Pension Plan Investment Board, which committed $400 million, according to PEI data. In thesame time you shall not use vulgar, abusive or defamatory language as well as expresshatred or call to violence or cruelty. This has led to health disparities among communities that have been marginalized because of their race, ethnicity, gender, sexual orientation, age, ability, religion or socioeconomic status. 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. Providence combines its partnership approach to investing with deep industry expertise to help management teams build exceptional businesses and generate This followed a series of other expensive losses that Providence blamed on investments outside of its expertise made during the peak of the 2007 and 2008 private equity boom. While commenting, you shall use only actual, truthful and confirmed data. The majority of the companies in the funds portfolio are large-cap stocks. KPA is a leading provider of environmental, health and safety (EHS) compliance solutions to auto dealers and other markets with similar compliance needs. 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. 20% of the total holdings value. Language links are at the top of the page across from the title. 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 venture was found in North America in United States. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. [1] Providence prefers to lead its investments, serve on company boards, and work collaboratively with company management. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Tenstreet is a leading provider of SaaS HR solutions to trucking carriers for recruiting, onboarding and managing compliance for truck fleet drivers. Marlink is a leading provider of high bandwidth satellite connectivity and digital solutions to the maritime and enterprise end markets. Providence Equity Partners L.L.C. SEC Filings include 13F quarterly reports, 13D/G events and more. 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. [10][11][12] The credit platform was sold to Franklin Templeton Investments in October 2018. Every person deserves the chance to live their healthiest life. [48], In September 2019, Providence Strategic Growth collected $2 billion for its fourth fund. or A cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface. Providence combines its partnership approach to investing with deep industry expertise to help management teams build exceptional businesses and generate attractive returns. [42], In October 2017, Modern Times Group sold its telecommunication businesses in the Baltic states to Providence Equity Partners. Our investment of $50 million to reduce health disparities and achieve health equity is just the beginning. TES is a global community providing recruitment and software services, training and resources to teachers and schools. Worldwide Express and GlobalTranz have combined to create a leading non-asset-based provider of technology-driven third-party logistics solutions. Since its founding in 1989, Providence has invested over $32 billion across more than 170 private equity portfolio companies. Compassion, Dignity, Justice, Excellence, Integrity. The firm specializes in growth-oriented private equity investments and has invested in more than 170 companies globally since its inception in 1989. Paula is a graduate of Villanova University, where she earned a bachelors degree in English Literature with a minor in Business Administration. Groupe La Centrale is a leading provider of car classifieds in France. [17][18][19][20][21][22][23][24][25][26][27][28], Providence's recent exits include TES, Galileo Global Education, EdgeConneX, OEConnection, PADI, Ascend Learning, Vector Solutions and ZeniMax Media. What's the investment trend over time for this hub? All rights reserved. Date. Providence Equity Partners is a premier global private equity firm with approximately $45 billion in aggregate capital commitments. Their latest portfolio exit was n2y on April 04, 2023. [1] [2] In the next rounds fund is usually obtained by Providence Strategic Growth, Baidu, OVP Venture Partners.The current fund was established by Jonathan Nelson. With our trademark blend of grit, passion, experience and collaboration, we cut through the noise and help you discover opportunities for growth. cookies The overall number of key employees were 11.This Providence Equity Partners works on 6 percentage points more the average amount of lead investments comparing to the other organizations. Find More Contacts for Providence Equity Partners, Edit Lists Featuring This Company Section, Providence Equity Partners invests in digital STEM education company, Providence Equity Partners raises $116.5M for two hedge funds, Providence Equity Partners Portfolio Companies, Finance Companies With Less Than $500M in Revenue (Top 10K), Financial Services Companies With Less Than $50M in Revenue (Top 10K). We shall not bear anyliability in respect of such comments. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. How much aggregate funding have these organizations raised over time? PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. Providence Equity Partners L.L.C. Check if your 2023 Providence Equity Partners L.L.C. You also have the option to opt-out of these cookies. 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 are private equity specialists, focused on growth-oriented media, communications, education and technology companies throughout North America and Europe. 1. We are investing $50 million over five years to support health equity. analyse how our Sites are used. YSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages. The fund invested in TMT and communications and networking sectors. n2y is a leading provider of SaaS workflow and curriculum solutions to the pre K-12 special education market. You can still enjoy your subscription until the end of your current billing period. And in keeping with our faith tradition, use our voice to speak out against the structural racism and injustice that has led to a public health crisis, Prevent further harm, humbly welcome discussion and feedback, and foster a culture of continuous learning and transparency. PitchBook provides professionals in the M&A, PE and VC industries with the data and tools to make more informed business decisions. Do you represent Providence Equity Partners? Providence Equity Partners is a specialist PE firm focused on growth-oriented media, communications, education and technology companies. Providence pioneered a sector focused approach to private equity investing with the vision that a dedicated team of industry experts could build exceptional companies of enduring value. Get the full list, Youre viewing 5 of 14 funds. As part of this work, we developed a comprehensive pandemic response to address the needs of people disproportionately impacted by COVID-19. At Providence, we recognize that inequity persists in nearly every major facet of society. [29][30][31][32][33][34][35][36], In March 2013, Providence and the National Football League formed a global partnership to invest primarily in sports and entertainment related media assets. Prior to founding Provenance, Anthony was a partner at Brentwood Associates, a leading middle-market private equity firm focused on the consumer space. university A tried and tested strategy A successful investment strategy is like a muscle. 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. PSG is headquartered in Boston, Massachusetts, with offices in London and Kansas City. If we find new data, we will add it here. This cookie is set by Facebook to display advertisements when either on Facebook or on a digital platform powered by Facebook advertising, after visiting the website. personalising content and ads, providing social media features and to In 2000, Providence oversaw just $3.6 billion. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. without the express written approval of PSG Equity L.L.C. We've assembled a list of 10 finance and operations requirements that early-stage PE firm leaders should consider early in their journeys. When startup sums 4 or 5+ of the founder, the probability for it to get the investment is little.The standard case for the fund is to invest in rounds with 3-4 partakers. Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Providence has prioritized equitable vaccine deployment, data-informed approaches, program evaluation and sustainability, inclusive language in the electronic medical record, and provider education. We do not intend to delete any comments on the website unless within our noticeand take down procedure. The main department of described VC is located in the Providence. Analytical cookies are used to understand how visitors interact with the website. TAIT is a leading provider of advanced creative and engineering solutions to the live entertainment industry. It targeted commercial services and TMT sectors. 1. 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. For further information about the cookies we use, please see our Privacy Policy. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. [14], Providence's investments have included AutoTrader.com Group, Blackboard Inc., Conversica, eircom, Hulu, Kabel Deutschland, MLS Media, NEW Asurion, Bluestone Television, Newport Television, Univision, VoiceStream (now T-Mobile US), Warner Music Group, Western Wireless, and World Triathlon Corporation (Ironman), YES Network and TopGolf. 5. The average market cap of the portfolio companies is close to $5.52 billion. According to the last 13-F report filed with the SEC, Sarah Conde serves as the General Counsel & Chief Compliance Officer at Providence Equity Partners L.L.C. All rights reserved. Contact Information Fund Manager Providence Equity Partners Fund Manager Website www.provequity.com Fund Category Private Equity The fund is constantly included in 2-6 deals per year. They manage , whose value fell 2.5% in the past six months, Stocks and cryptocurrency portfolio tracker. You bear the whole responsibility,related to their substance, content and the fact of publication. NEW YORK (June 25, 2020) - SevenRooms ("the Company"), a fully-integrated, data-driven guest experience platform for the hospitality industry, has raised a $50 million Series B funding round led by Providence Strategic Growth ("PSG"). The Scheme is expected to become effective in May 2023. Active, Closed, Tags are labels assigned to organizations, which identify their belonging to a group with that shared label, This describes the type of investor this organization is (e.g. $2.64 billion and $2.64 billion respectively. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. That is still the fourth-largest opening period . Providence was one of the principal pioneers of a sector-based approach to private equity investing. portfolio of holdings. This includes prioritizing at-risk groups for testing, treatment and vaccinations. Stocks with a size of more than $10 billion in market cap make up Premium access for businesses and educational institutions. Toward that end: Read our news release about our health equity investment. Learn more about our mission, vision and values. Each year, Providence serves more than 6 million people of every walk of life. Set your location to find care near you. Providence Equity Partners L.L.C is an investment fund managing more than $2.64 billion ran by Sarah Conde. The fund invested in TMT and communications and networking sectors. Genuine. House lawmakers say yes. Except Necessary Cookies. Providence Equity Partners is the famous VC, which was founded in 1989. Outfront Media is one of the largest providers of out-of-home advertising signage and displays in the U.S. Smartly.io is a software platform that helps many of the worlds leading digital advertisers create, manage and optimize social media ad campaigns. The fund focuses on investments in the United States as 100.0% of the portfolio companies are based in the United States. Insights about top trending companies, startups, NORTH PROVIDENCE, R.I. - Lieutenant Governor Sabina Matos, Senate President Dominick Ruggerio, Commissioner Anglica Infante-Green, Division of Equity, Diversity and Inclusion Associate Director Toms vila, and the Rhode Island Department of Education today joined Mayor Charles Lombardi and announced a $15 million 21 st Century Technology . Providence Equity Partners VII is a buyout fund managed by Providence Equity Partners. 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. 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. Compare Standard and Premium Digital here. Our regional operations have developed strategic plans and interventions to measurably reduce health disparities and advance integrated solutions to address health equity at the local level. The statement articulates a world where every person has the chance to live their healthiest life. What's the most common final funding type when companies get acquired? 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