2023 Providence Equity Partners L.L.C. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for 55 per month. [8][9] Prior to joining Providence, Gahan was head of Deutsche Bank's corporate and investment banking in the Americas and chief executive officer of Deutsche Bank Securities. YouTube sets this cookie to store the video preferences of the user using embedded YouTube video. 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. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. In thesame time you shall not use vulgar, abusive or defamatory language as well as expresshatred or call to violence or cruelty. Considering the real fund results, this VC is 28 percentage points more often commits exit comparing to other organizations. Anti-trust clearance in the United States. Get the full list, Youre viewing 5 of 14 funds. RIDE Launches $15 Million 21st Century Technology and Equipment Fund LinkedIn sets this cookie for LinkedIn Ads ID syncing. organisation Providence Equity Partners Profile: Investments & Returns | PitchBook Due to the deprecation of Internet Explorer and for security reasons, the PSG site is not supported in Internet Explorer. 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. A single fund raised in 2005 amassed $4.26 billion. Providence Equity Partners L.L.C. You also have the option to opt-out of these cookies. LinkedIn sets this cookie to remember a user's language setting. is a specialist private equity investment firm focused on media, communications, education, technology investments across North America and Europe. is a specialist private equity investment firm focused on media, communications, education, technology investments across North America and Europe. 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. The two most similar investment funds to Providence Equity Partners L.L.C are Dearborn Partners and Cambridge Trust Co. ICG to back Providence single-asset deal | Secondaries Investor These positions were updated on August 15th based on the funds latest 13F filing. 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. The Private Equity Firm That Grew Too Fast - The New York Times Currently, their heaviest sector is Technology making up 72.4% of We use different types of cookies on the site. Despite the Providence Equity Partners, startups are often financed by Brown Brothers Harriman, True Ventures, TDF Ventures. . the total portfolio value. Marlink is a leading provider of high bandwidth satellite connectivity and digital solutions to the maritime and enterprise end markets. 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. Genuine. At Providence, we recognize that long-standing inequities and systemic injustices exist in the world. Valuation. The fund is constantly included in 2-6 deals per year. [43][44] The newly acquired companies were united and operate under the All Media Baltics company name (currently TV3 Group). Nautic Partners is a middle-market private equity firm that has managed over $9.5 billion in assets since it founding in 1986. 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. Our investment of $50 million to reduce health disparities and achieve health equity is just the beginning. At Providence, we recognize that long-standing inequities have led to health disparities. Tempo Music is a proprietary music rights acquisition platform that operates in partnership with Warner Music Group. Providence has prioritized equitable vaccine deployment, data-informed approaches, program evaluation and sustainability, inclusive language in the electronic medical record, and provider education. The firm has completed more than 120 investments and delivered successful results over three decades. 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. [37], In September 2012, Providence sold a less than 10% stake in the firm to Florida's state pension system and a sovereign wealth fund. Portfolio Companies | Providence Equity Providence seeks to exit music market with $600mn song sale Home | Providence Equity On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. If we find new data, we will add it here. As expressions of God's healing love, witnessed through the ministry of Jesus, we are steadfast in serving all, especially those who are poor and vulnerable. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. Providence Equity Partners L.L.C closed its position in Callaway Golf Co on 15th August 2022. Providence Equity Partners L.L.C is an investment fund managing more than $2.64 billion ran by Sarah Conde. 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. Tempo has focused on contemporary music, having acquired songs by Wiz Khalifa and. On the other hand, there are companies that Providence Equity Partners L.L.C is getting rid of from its portfolio. 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. How much aggregate funding have these organizations raised over time? Paula is a graduate of Villanova University, where she earned a bachelors degree in English Literature with a minor in Business Administration. This includes prioritizing at-risk groups for testing, treatment and vaccinations. [1] [2] 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. There are currently 5 companies in Mrs. Condes portfolio. Health Equity | Providence Providence Equity Partners Portfolio Investments, Providence Equity The deal is expected to close in the third quarter. 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. Vistage is a leading subscription-based membership organization that provides peer advisory and executive coaching to CEOs. Prior to founding Provenance, Anthony was a partner at Brentwood Associates, a leading middle-market private equity firm focused on the consumer space. Lloyd, 39, joined IMC Construction in 2017 and was previously executive vice president and general counsel, leading the company's risk management efforts.. Cottone, 63, is now the second largest . We ask you to join us on our quest to champion and deliver Health for a Better World. We value each member of our diverse communities for their identities, journeys and experiences. Just a few of the words that our people use to describe their PSG experience. He is a Phi Beta Kappa graduate of Harvard College, where he graduated with a bachelors degree in economics, magna cum laude. This website uses cookies to improve your experience while you navigate through the website. We are private equity specialists, focused on growth-oriented media, communications, education and technology companies throughout North America and Europe. The firm specializes in growth-oriented private equity investments and has invested in more than 170 companies globally since its inception in 1989. Currently, Providence Equity Partners L.L.C's portfolio is worth at least $2.64 billion. What's the investment trend over time for this hub? Since its founding in 1989, Providence has invested over $32. Which companies in this hub have the most subsidiaries? These cookies track visitors across websites and collect information to provide customized ads. PROVIDENCE - Rhode Island lawmakers in the House have approved legislation to allow state funds to be used to pay for health plans that cover state workers and Medicaid . [39], In February 2017, Providence expanded its education business by buying NACE Schools, a Spain-based operator of for-profit schools. The total portfolio value may be much higher due to cash Check if your The fund focuses on investments in the United States as 100.0% of the portfolio companies are based in the United States. At Providence, we recognize that long-standing inequities and systemic injustices exist in the world. Providence combines its partnership approach to investing with deep industry expertise to help management teams build exceptional businesses and generate attractive returns. In the next rounds fund is usually obtained by Providence Strategic Growth, Baidu, OVP Venture Partners.The current fund was established by Jonathan Nelson. The fund is based in Providence, Rhode Island and invested in the United States. The majority of the companies in the funds portfolio are large-cap stocks. Providence Equity - Wikipedia Providence Equity Partners VIII - PitchBook Data The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Learn more about our mission, vision and values. Providence was one of the principal pioneers of a sector-based approach to private equity investing. A leading provider of digital-first STEM curriculum for the K-12 education market Over the span of 20 years, he has been a passionate thought leader in assessing the role of information, data and technology and their impact on direct-to-consumer brands. We are investing $50 million over five years to support health equity. Worldwide Express and GlobalTranz have combined to create a leading non-asset-based provider of technology-driven third-party logistics solutions. The fund invested in TMT and communications and networking sectors. Team. 3. Providence Equity Partners L.L.Cs portfolio is diversified across 3 sectors. 1. When the investment is from Providence Equity Partners the average startup value is 500 millions - 1 billion dollars. Sarah Conde also disclosed a decreased stake in DoubleVerify by approximately 0.1%. Language links are at the top of the page across from the title. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. 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. Prior to joining Provenance, Anton helped manage a portfolio of early and growth stage investments at Altpoint Ventures, including businesses in the consumer internet, e-commerce and on-demand consumer services sectors. Providence Equity Partners is a specialist PE firm focused on growth-oriented media, communications, education and technology companies. [1][2], The firm manages funds with over $31 billion in aggregate private equity capital commitments, making it a large global player in the private equity industry. But the . 20% of the total holdings value. [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. The firm targets equity investments of $150 million to $500 million and can employ a variety of financing structures. 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. 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. [1] Providence prefers to lead its investments, serve on company boards, and work collaboratively with company management. 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. Providence II $363 million committed capital / $1,605 million total portfolio value Providence I $171 million committed capital / $835 million total portfolio value Providence Growth $276 million committed capital / $353 million total portfolio value Other Prior Funds $199 million total portfolio value 2023 PitchBook. The statement articulates a world where every person has the chance to live their healthiest life. 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. In 2000, Providence oversaw just $3.6 billion. 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. But opting out of some of these cookies may have an effect on your browsing experience. Nautic targets equity investments of $25 to $100 million representing majority ownership in companies with proven business models, defensible market positions, and . 365 Retail Markets is a leading provider of self-service commerce technology to the foodservice industry. university Total number of diversity investments made by an investor, Total number of employee profiles an organization has on Crunchbase, Descriptive keyword for an Organization (e.g. Funding to support continued global expansion of the company's guest experience platform. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. 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You post comments at your own choice and risk. Relative to the number of outstanding shares of DoubleVerify, Providence Equity Partners L.L.C owns more than 0.5% of the company. TAIT is a leading provider of advanced creative and engineering solutions to the live entertainment industry. The fund targets software, education tech, TMT, SaaS sectors. $2.64 billion and $2.64 billion respectively. The fund is located in Providence, Rhode Island and invests in Western Europe, North America. Home - Nautic 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. 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. A leading provider of digital-first STEM curriculum for the K-12 education market, Global leader in automotive and mobility technology benchmarking, Wasserman is a global sports, music and culture agency. PROVIDENCE EQUITY PARTNERS L.L.C. Top 13F Holdings Tenstreet is a leading provider of SaaS HR solutions to trucking carriers for recruiting, onboarding and managing compliance for truck fleet drivers.
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