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Topic: Providence Equity Partners


  
  Providence Equity Partners - Portfolio
Providence Equity led a consortium that invested in Bresnan, funding the acquisition of the Mountain States assets and the future growth of the company.
Providence Equity is the largest individual shareholder in Retos Cartera, the consortium that led the MBO of Recoletos in April 2005.
Providence Equity was a founding investor in Western Wireless, which traded on the NASDAQ under the symbol WWCA until it was acquired by Alltel in 2005.
www.providenceequity.com /port.html   (2173 words)

  
 Providence Equity Partners
Providence Equity Partners Inc. is a private investment firm specializing in equity investments in communications and media companies around the world.
The principals of Providence Equity manage funds with over $9.0 billion in equity commitments, including Providence Equity Partners V, a $4.25 billion private equity fund, and have invested in more than 80 companies operating in over 20 countries.
Providence Equity's target investment size per transaction is $20 to $500 million.
www.provequity.com   (206 words)

  
 Saban Capital Group
Providence Equity Partners Inc. is a global private investment firm specializing in equity investments in media and entertainment, communications and information companies around the world.
Providence Equity is headquartered in Providence, Rhode Island and also has offices in New York and London.
Thomas H. Lee Partners is one of the oldest and most successful private equity investment firms in the U.S. The firm identifies and acquires substantial ownership positions in growth companies through leveraged acquisitions, recapitalizations and direct investments.
www.saban.com /press/pr_univision_062706.htm   (1004 words)

  
 Business | Rhode Island news | projo.com | The Providence Journal
Providence Equity, Thomas H. Lee, Texas Pacific and Madison Dearborn will each contribute $900 million to the Univision buyout, with Saban putting in about $250 million, for a total of almost $4 billion, people familiar with the matter said.
Providence Equity Partners was founded in 1991 by Jonathan M. Nelson and Glenn M. Creamer, two Brown University graduates who had both worked at Narragansett Capital, one of the first leveraged-buyout companies in the nation.
Saban partnered with Rupert Murdoch's News Corp. to create the Fox Family cable TV network, which was sold to Walt Disney Co. in 2001 for $5.3 billion.
www.projo.com /business/content/projo_20060628_uni28x.1444e0c.html   (1186 words)

  
 Apax Partners Private Equity Investment Group Fund Management Buyout
Apax, Goldman Sachs Capital Partners, and Providence Equity Partners jointly acquired Kabel Deutschland in March 2003 as a carve-out from Deutsche Telekom AG.  Under their ownership the Company transitioned from a traditional analog cable TV company into an innovative provider of cable services including pay-TV, Broadband Internet and Telephony, investing significantly into the network.
After close to three years of joint ownership, Apax and Goldman Sachs Capital Partners are seeking liquidity for their shareholding while Providence Equity has committed itself to further support the Company and accompany the roll-out of its new services.
Providence Equity Partners Inc. is a global private investment firm specializing in equity investments in media, communications and information companies around the world.
www.apax.com /en/news/story_1353.html   (458 words)

  
 Boston Ventures
We are delighted to partner with the Providence Equity Partners team, who bring in-depth experience in the communications industry and a track record for helping companies improve operations and growth prospects.
Boston Ventures Management is a private equity firm that has been an active investor and financial partner to management teams in the media, business information, entertainment, and communications sectors since 1983, earning the firm a franchise position in the private equity community.
Boston Ventures’ Managing Directors and partners are accomplished and experienced professionals who have a diverse and complementary range of skills and a broad network of domestic and international relationships.
www.bostonventures.com /site/news/listings/ssi.htm   (766 words)

  
 Providence Equity invests in Spanish media group   (Site not responding. Last check: 2007-10-21)
Providence Equity Partners has reached an agreement with investment company Retos Cartera S.A. to become the largest individual shareholder in the company with a 25.5 percent equity participation.
Providence Equity Partners was advised in the transaction by Calyon Corporate and Investment Bank and has also received legal assistance from Linklaters.
Providence Equity is a global private investment firm specializing in equity investments in communications and media companies around the world.
www.pbn.com /stories/printdetails.php?id=113412   (409 words)

  
 Telcordia - Press Release - SAIC SIGNS AGREEMENT TO SELL TELCORDIA TO PROVIDENCE EQUITY AND WARBURG PINCUS   (Site not responding. Last check: 2007-10-21)
Providence and Warburg are equal equity investors in the transaction.
The principals of Providence Equity manage funds with over $9 billion in equity commitments and have invested in more than 70 companies operating in over 20 countries since the firm's inception in 1991.
The firm is an experienced partner to entrepreneurs seeking to create and build durable companies with sustainable value and has an active portfolio of about 115 companies spanning the entire spectrum of scale and maturity.
www.telcordia.com /news_events/pressreleases/2004/11182004.html   (1002 words)

  
 Telcordia - Press Release - PROVIDENCE EQUITY, WARBURG PINCUS COMPLETE ACQUISITION OF TELCORDIA
The two firms are co-equal partners in the deal; further terms of the transaction were not disclosed.
Providence Equity Partners Inc. is one of the world's leading private investment firms specializing in equity investments in media and communications companies.
The principals of Providence Equity manage funds with over $9 billion in equity commitments and have invested in more than 80 companies operating in over 20 countries since the firm's inception in 1991.
www.telcordia.com /news_events/pressreleases/2005/03152005.html   (693 words)

  
 DNA - Money - Idea to get Providence Equity bounty - Daily News & Analysis   (Site not responding. Last check: 2007-10-21)
Providence Equity Partners specialises in equity investment in communications and media companies around the world.
The principals of Providence Equity manage funds with over $9 billion (Rs 41,000 crore) in equity commitments, including Providence Equity Partners V, a $4.25-billion private equity fund, and have invested in more than 80 companies operating in over 20 countries.
The investment objective of the US-based private equity firm has been to create value by providing entrepreneurs with the capital, industry expertise and broad network of relationships necessary to build companies that can shape the future of the communications and media industries.
www.dnaindia.com /report.asp?NewsID=1056781   (570 words)

  
 Education Management Corporation Announces Agreement to Be Acquired by Providence Equity Partners and Goldman Sachs ...
PITTSBURGH, March 6 /PRNewswire-FirstCall/ -- Education Management Corporation (Nasdaq: EDMC), a leading provider of private post-secondary education, announced the execution of a definitive agreement to be acquired by Providence Equity Partners and Goldman Sachs Capital Partners in a transaction valued at approximately $3.4 billion.
Our new partners are world-leading private equity firms that believe in our commitment to investing in our people, academic programs, technology and facilities to assure the highest standards of excellence." John R. McKernan, Jr., EDMC's Chief Executive Officer and Vice Chairman, said, "This transaction will further enhance the prospects of our education systems.
Education Management Corporation (http://www.edmc.com) is among the largest providers of private post-secondary education in North America, based on student enrollment and revenue.
www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/03-06-2006/0004313699&EDATE=   (1033 words)

  
 Providence Equity may help a Sony BMG split -paper - Boston.com
Providence Equity Partners is considering providing 1.4 billion pounds ($2.5 billion) to help fund a break-up of Sony BMG, a music joint venture between Japan's Sony Corp. and German media group Bertelsmann, the Business said.
LONDON (Reuters) - Providence Equity Partners is considering providing 1.4 billion pounds ($2.5 billion) to help fund a break-up of Sony BMG, a music joint venture between Japan's Sony Corp. and German media group Bertelsmann, the Business said.
Providence has a team drawing up a proposal to help Sony <6758.T> buy back the venture from Bertelsmann if the Japanese firm decides to increase its exposure in the music label, the paper quoted sources as saying.
www.boston.com /business/articles/2006/04/30/providence_equity_may_help_a_sony_bmg_split__paper?mode=PF   (244 words)

  
 Investor Group Led by Thomas H. Lee Partners, Edgar Bronfman, Jr., Bain Capital and Providence Equity Partners to ...
Merger and acquisition advice for the investor group was provided by each of the aforementioned banks as well as by AGM Partners and Jeffries & Co. Gary Fuhrman of GF Capital was the merger and acquisition advisor to Lexa Partners.
Thomas H. Lee Partners, L.P. is a Boston-based private equity firm focused on identifying and acquiring substantial ownership positions in growth companies.
The principals of Providence Equity manage funds with over $5.0 billion in equity commitments, including Providence Equity Partners IV, a $2.8 billion private equity fund, and have invested in more than 70 companies operating in over 20 countries since the firm's inception in 1991.
www.timewarner.com /corp/newsroom/pr/0,20812,670127,00.html   (2674 words)

  
 Providence Equity Partners and Goldman Sachs Capital Partners Complete $3.4 Billion Acquisition of Education Management ...   (Site not responding. Last check: 2007-10-21)
Education Management Corporation (http://www.edmc.com/) is among the largest providers of post-secondary education in North America, based on student enrollment and revenue.
Providence Equity is headquartered in Providence, RI and also has offices in New York and London.
Established in 1991, the GS Capital Partners Funds are part of the firm’s Principal Investment Area in the Merchant Banking Division.
www.mysan.de /article470595.html   (932 words)

  
 KOHLBERG KRAVIS ROBERTS & CO.
The acquiring consortium was organized by Silver Lake Partners and includes Bain Capital, The Blackstone Group, Goldman Sachs Capital Partners, Kohlberg Kravis Roberts and Co. L.P., Providence Equity Partners and Texas Pacific Group.
Silver Lake Partners is the leading private equity firm focused exclusively on large-scale investing in technology and related growth industries.
Bain Capital (www.baincapital.com) is a global private investment firm that manages several pools of capital including private equity, high-yield assets, mezzanine capital and public equity with more than $24 billion in assets under management.
www.kkr.com /news/press_releases/2005/03-28-05.html   (2124 words)

  
 abfjournal.com ...dedicated exclusively to the asset-based lending industry
Open Solutions, The Carlyle Group and Providence Equity Partners have jointly announced they signed a definitive agreement under which The Carlyle Group and Providence Equity Partners will acquire Open Solutions in a transaction valued at more than $1.3 billion.
The Carlyle Group is a global private equity firm that invests in buyouts, venture & growth capital, real estate and leveraged finance in Asia, Europe and North America, focusing on aerospace & defense, automotive & transportation, business services, consumer & retail, energy & power, healthcare, industrial, technology and telecommunications & media.
Providence Equity Partners is a global private investment firm specializing in equity investments in media and entertainment, communications and information companies around the world.
www.abfjournal.com /story.asp?id=17685   (859 words)

  
 Former FCC Chairman Powell joins Providence Equity Partners
Providence Equity Partners Inc., a private equity firm with $9 billion invested in media, communications and information companies, has named former Federal Communications Commission Chairman Michael K. Powell as a senior advisor, according to a company statement released Thursday.
Prior to joining Providence-based equity investment firm, Powell spent over seven years as an FCC commissioner, and was FCC chairman from January 2001 to March 2005.
Providence Equity Partners Inc. has over $9 billion in equity commitments, including Providence Equity Partners V, a $4.25-billion private equity fund.
www.pbn.com /stories/printdetails.php?id=116225   (545 words)

  
 Mpower Communications - Mpower Newsroom
Providence is an experienced investor in the competitive telephony and data communications sector and was a founding investor in Brooks Fiber, which was sold last year to MCI WorldCom for $3 billion.
Commented Paul J. Salem, a Managing Director at Providence, "MGC is an extremely attractive investment opportunity given that the Company has over 207 collocations, an addressable market of over 11 million access lines and their expertise in provisioning unbundled loops.
Providence Equity Partners Inc. is a private investment firm that specializes in equity investments in telecommunications and media companies in the U.S. and abroad.
www.mpowercom.com /about/news/news040599.shtml   (770 words)

  
 Powell Signs on with Investment Firm - 8/11/2005 10:52:00 AM - Wireless Week - CA634324   (Site not responding. Last check: 2007-10-21)
Former FCC chairman Michael Powell was named senior adviser at investment firm Providence Equity Partners late yesterday.
Providence, R.I.-based Providence Equity calls itself a leading private equity firm for media, communications and information companies.
"Providence Equity has a portfolio of market-leading investments, an exceptional track record of delivering superior returns to their investors, and a superb group of investment professionals in the U.S. and Europe," said Powell in the statement."
www.wirelessweek.com /article/CA634324.html   (252 words)

  
 Freedom Communications, Inc. - Company News
Mark Masiello, Managing Director of Providence, said, “We worked productively with Freedom s Special Committee and Board and are pleased to have reached a comprehensive solution that provides Freedom shareholders an opportunity for immediate liquidity as well as continued family ownership of Freedom s operations.
About Providence Equity Partners Providence Equity Partners Inc. is one of the world s leading private investment firms specializing in equity investments in media and communications companies.
The principals of Providence Equity manage funds with over $5.0 billion in equity commitments, including Providence Equity Partners IV, a $2.8 billion private equity fund, and have invested in more than 60 companies operating in over 20 countries since the firm s inception in 1991.
www.freedom.com /company/archive_101403.html   (845 words)

  
 The Carlyle Group and Providence Equity Partners to Acquire Com Hem
It provides the broadest television offering to over 1.4 million households in Sweden, including 205,000 digital TV subscribers and offers broadband internet and telephony to 195,000 and 62,000 customers respectively.
Carlyle and Providence jointly own Casema, the Dutch cable TV operator and Carlyle recently sold its investment in Bredbandsbolaget, another Swedish broadband operator to Telenor.
Providence announced last week an agreement to acquire with partners TDC, a Danish-based provider of fixed line, mobile and internet services in Northern and Central Europe.
www.thecarlylegroup.com /eng/geo/news-3260.html   (463 words)

  
 F+W Publications
F+W was previously owned by Providence Equity Partners as well as William F. Reilly, who served as Chairman, and Stephen J. Kent, who served as President & CEO.
Providence Equity Partners Inc. is a global private investment firm specializing in equity investments in communications and media companies around the world.
ABRY Partners, based in Boston, is one of the oldest and largest private equity funds in North America investing exclusively in media and communications companies.
www.fwpublications.com /newsitem.asp?id=30   (382 words)

  
 PRESS RELEASE W. P. Carey Acquires Telcordia Technologies Office Campus for $119 Million   (Site not responding. Last check: 2007-10-21)
Over the years private equity firms have come to realize the benefits of converting the real estate assets of their current, and future, portfolio companies into working capital.
As one of the leading providers of sale-leaseback financing to private equity firms we are proud of our ability to customize every transaction while completing them on time and as proposed.
Founded in 1973, W. Carey and Co. LLC specializes in helping companies and private equity firms realize the capital tied up in their real estate assets.
www.marketwire.com /mw/release_html_b1?release_id=82807   (863 words)

  
 SAIC Signs Agreement to Sell Telcordia to Providence Equity and Warburg Pincus, 11-18-2004   (Site not responding. Last check: 2007-10-21)
“Providence and Warburg, both long-term growth investors in technology, media and telecom companies, have domain expertise and excellent track records in the communications industry.
Providence and Warburg have the resources available to enable us to reach our full potential, capitalize on our market-leading intellectual capital and secure a global leadership position.”
SAIC is the largest employee-owned research and engineering company in the United States, providing information technology, systems integration and eSolutions to commercial and government customers.
www.saic.com /news/2004/nov/18.html   (967 words)

  
 Providence Equity Partners - Wikipedia, the free encyclopedia
Providence Equity Partners is a private equity firm headquartered in Providence, Rhode Island that focuses on investments in media and telecommunications.
It is one of the largest private investment firms specializing in equity investments in media and communications companies.
Current and previous areas of investment include cable television content and distribution, wireless and wireline telephony, publishing, radio and television broadcasting and other media and communications sectors.
en.wikipedia.org /wiki/Providence_Equity_Partners   (197 words)

  
 Providence, Warburg near Telcordia deal - The Boston Globe
PHILADELPHIA -- Buyout firms Warburg Pincus and Providence Equity Partners are close to a deal to buy telecommunications software company Telcordia Technologies Inc. for about $1.3 billion, sources familiar with the situation said yesterday.
New York-based Warburg and Providence-based Providence Equity -- both multibillion-dollar buyout firms -- would be equal partners in the acquisition.
A deal is expected to be disclosed in the next few days, although it could yet collapse, the sources said.
www.boston.com /business/technology/articles/2004/11/12/providence_warburg_near_telcordia_deal?mode=PF   (388 words)

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