Providence Equity, founded in 1989, is a private equity firm focused on investments in media, communications, entertainment, and information, with over $22 billion of equity capital under management.
The firm’s sixth fund, Providence Equity Partners IV, recently became the largest sector-focused private equity fund ever raised, closing on $12 billion. Headquartered in Providence, Rhode Island, with offices in Hong Kong, New Delhi, Los Angeles, New York, and London, the firm targets opportunities around the world for recapitalizations, take-privates, large buyouts, and growth capital investments.
Providence Equity employs over 70 investment professionals from fourteen different nationalities, enabling the firm to bring a global perspective to investments across Europe, Asia, and North America. The firm has invested in over 100 companies, with transactions ranging between $250 million and $2.5 billion. Providence Equity works by forming proactive and long-term partnerships with portfolio company management teams, providing financing, industry-specific knowledge, and a global network of advisors.
The list of Providence Equity Partners portfolio companies includes or has included high-profile companies such as the internet-based television content provider Hulu, computer component supplier CDW, Turkish television provider Digiturk, and leading Spanish-language media company Univision Communications.
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