Providence Equity Partners Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Providence Equity Partners has acquired 15 companies. It has also invested in 15 others.

Providence Equity Partners’ most common sectors for investment aremedia (19%) and internet software and services (16%) . The Firm’s most common investment types include growth capital (28%) and secondary buyout (25%). In total, Providence Equity Partners has invested in 28 US states and 22 different countries. Its largest (disclosed) acquisition occurred in 2005 when it acquired TDC A/S for $15.8B.

In the last 3 years, Providence Equity Partners has exited 23 companies. The Firm’s most common exit type is trade sale (40%). Providence Equity Partners’ largest (disclosed) exit occurred in 2015 when it sold SunGard Data Systems for $9.1B.

Join Mergr to view Providence Equity Partners’ full profile and discover more mega-sized private equity firms just like it.

M&A Summary

M&A Total Activity240
- M&A Buy Activity150
- M&A Sell Activity90
Total Sectors Invested 17
Total Countries Invested 22
M&A Buy/Sell Connections 131
M&A Advisors 36

Providence Equity Partners

Transaction Criteria	Min	Max
Target Revenue	-	-
Target EBITDA	-	-
Investment Size	150	800
Enterprise Value	-	-
values in millions of USD

Transaction Criteria

Min

Max

Target Revenue

Target EBITDA

Investment Size

150

800

Enterprise Value

values in millions of USD

Year	≤ '17	'18	'19	'20	'21	'22	T
Buy (8.0/yr)	#	110	10	13	7	8	2	150
vol	$80.9B			$6.0B			$86.9B
Sell (5.4/yr)	#	63	4	6	8	8	1	90
vol	$61.4B		$3.6B	$9.6B	$608M		$75.3B
	240

Year

≤ '17

'18

'19

'20

'21

'22

Buy (8.0/yr)

110

150

vol

$80.9B

$6.0B

$86.9B

Sell (5.4/yr)

vol

$61.4B

$3.6B

$9.6B

$608M

$75.3B

240

Company	Date	Value	Type
Wasserman Media Group LLC	2022-11-01	-	Secondary Buyout
Los Angeles, California · www.teamwass.com
Vistage Worldwide, Inc.	2022-06-08	-	Secondary Buyout
San Diego, California · www.vistage.com
AirTies Wireless Networks	2022-04-27	-	Secondary Buyout
Istanbul, Turkey · www.airties.com
Tes Global Ltd.	2021-12-07	-	Secondary Buyout
London, United Kingdom · www.tes.com
Seesaw Learning, Inc.	2021-10-22	-	Growth Capital
San Francisco, California · web.seesaw.me
Tenstreet LLC	2021-10-04	-	Secondary Buyout
Tulsa, Oklahoma · www.tenstreet.com
Blackboard, Inc.	2021-09-13	-	Merger
Reston, Virginia · www.blackboard.com
Marlink AS	2021-09-02	-	Secondary Buyout
Paris, France · www.marlink.com
Visualfabriq Revenue Management B.V.	2021-07-19	-	Growth Capital
Maarssen, Netherlands · www.visualfabriq.com
SchoolStatus LLC	2021-07-13	-	Growth Capital
Ridgeland, Mississippi · www.schoolstatus.com
View All >>

Company

Date

Value

Type

Wasserman Media Group LLC

2022-11-01

Secondary Buyout

Los Angeles, California · www.teamwass.com

Vistage Worldwide, Inc.

2022-06-08

Secondary Buyout

San Diego, California · www.vistage.com

AirTies Wireless Networks

2022-04-27

Secondary Buyout

Istanbul, Turkey · www.airties.com

Tes Global Ltd.

2021-12-07

Secondary Buyout

London, United Kingdom · www.tes.com

Seesaw Learning, Inc.

2021-10-22

Growth Capital

San Francisco, California · web.seesaw.me

Tenstreet LLC

2021-10-04

Secondary Buyout

Tulsa, Oklahoma · www.tenstreet.com

Blackboard, Inc.

2021-09-13

Merger

Reston, Virginia · www.blackboard.com

Marlink AS

2021-09-02

Secondary Buyout

Paris, France · www.marlink.com

Visualfabriq Revenue Management B.V.

2021-07-19

Growth Capital

Maarssen, Netherlands · www.visualfabriq.com

SchoolStatus LLC

2021-07-13

Growth Capital

Ridgeland, Mississippi · www.schoolstatus.com

View All >>

Company	Acquired	Add-On/Sale	Date	#
Anthology, Inc.	2020-01-16	Blackboard, Inc.	2021-09-13	3
Boca Raton, Florida · www.anthology.com	Reston, Virginia · www.blackboard.com
Anthology, Inc.	2020-01-16	Campus Labs LLC	2020-07-07	2
Boca Raton, Florida · www.anthology.com	Buffalo, New York · www.campuslabs.com
I'Car Systems	2019-07-10	DATAFIRST	2019-07-10	1
Indre-et-loire, France · www.icarsystems.fr	Lyon, France · www.datacar.com
SRA International, Inc.	2011-06-20	Qbase - Government Services business	2015-03-31	1
Fairfax, Virginia · www.sra.com	, United States
SRA International, Inc.	2011-06-20	SRA Global Clinical Development LLC	2011-10-06	1
Fairfax, Virginia · www.sra.com	Durham, North Carolina

Company

Acquired

Add-On/Sale

Date

Anthology, Inc.

2020-01-16

Blackboard, Inc.

2021-09-13

Boca Raton, Florida · www.anthology.com

Reston, Virginia · www.blackboard.com

Anthology, Inc.

2020-01-16

Campus Labs LLC

2020-07-07

Boca Raton, Florida · www.anthology.com

Buffalo, New York · www.campuslabs.com

I'Car Systems

2019-07-10

DATAFIRST

2019-07-10

Indre-et-loire, France · www.icarsystems.fr

Lyon, France · www.datacar.com

SRA International, Inc.

2011-06-20

Qbase - Government Services business

2015-03-31

Fairfax, Virginia · www.sra.com

, United States

SRA International, Inc.

2011-06-20

SRA Global Clinical Development LLC

2011-10-06

Fairfax, Virginia · www.sra.com

Durham, North Carolina

Sector	Current #	Value	All-time #	Value
Media	9 (15%)	916M (9%)	28 (18%)	26.3B (29%)
Internet Software and Services	12 (20%)	-	24 (16%)	-
Software	14 (23%)	-	23 (15%)	14.3B (16%)
Communications	4 (7%)	6.0B (62%)	20 (13%)	27.1B (30%)
Information Technology	9 (15%)	1.9B (19%)	20 (13%)	3.8B (4%)
Education	3 (5%)	-	8 (5%)	3.9B (4%)
Marketing	5 (8%)	576M (6%)	6 (4%)	576M (1%)
Business Services	-	-	5 (3%)	1.8B (2%)
Consumer Services	2 (3%)	354M (4%)	4 (3%)	354M (< 1%)
Digital Media	1 (2%)	-	3 (2%)	525M (1%)
Publishing	-	-	2 (1%)	3.1B (3%)
Retail	1 (2%)	-	2 (1%)	173M (< 1%)
Leisure	-	-	2 (1%)	-
Transportation	-	-	2 (1%)	-
E-Commerce	-	-	1 (1%)	7.3B (8%)
Healthcare Services	-	-	1 (1%)	-
Information Services	-	-	1 (1%)	-
Total	60	$9.7B	152	$89.2B

Sector

Current #

Value

All-time #

Value

Media

9 (15%)

916M (9%)

28 (18%)

26.3B (29%)

Internet Software and Services

12 (20%)

24 (16%)

Software

14 (23%)

23 (15%)

14.3B (16%)

Communications

4 (7%)

6.0B (62%)

20 (13%)

27.1B (30%)

Information Technology

9 (15%)

1.9B (19%)

20 (13%)

3.8B (4%)

Education

3 (5%)

8 (5%)

3.9B (4%)

Marketing

5 (8%)

576M (6%)

6 (4%)

576M (1%)

Business Services

5 (3%)

1.8B (2%)

Consumer Services

2 (3%)

354M (4%)

4 (3%)

354M (< 1%)

Digital Media

1 (2%)

3 (2%)

525M (1%)

Publishing

2 (1%)

3.1B (3%)

Retail

1 (2%)

2 (1%)

173M (< 1%)

Leisure

2 (1%)

Transportation

2 (1%)

E-Commerce

1 (1%)

7.3B (8%)

Healthcare Services

1 (1%)

Information Services

1 (1%)

Total

$9.7B

152

$89.2B

State/Country	Current #	Value	All-time #	Value
United States	32 (53%)	1.9B (19%)	96 (63%)	54.9B (62%)
	California	7 (12%)	-	16 (11%)	5.7B (6%)
	New York	-	-	9 (6%)	17.7B (20%)
	Massachusetts	2 (3%)	-	8 (5%)	-
	Virginia	2 (3%)	1.9B (19%)	7 (5%)	5.0B (6%)
	Pennsylvania	2 (3%)	-	6 (4%)	14.8B (17%)
	Florida	1 (2%)	-	6 (4%)	-
	Colorado	3 (5%)	-	4 (3%)	-
	Georgia	2 (3%)	-	4 (3%)	525M (1%)
	Illinois	1 (2%)	-	4 (3%)	7.3B (8%)
	Texas	1 (2%)	-	4 (3%)	-
	Tennessee	1 (2%)	-	4 (3%)	-
	Arizona	1 (2%)	-	3 (2%)	-
	North Carolina	2 (3%)	-	2 (1%)	-
	Ohio	1 (2%)	-	2 (1%)	-
	Connecticut	-	-	2 (1%)	1.3B (1%)
	Missouri	-	-	2 (1%)	1.0B (1%)
	Washington	-	-	2 (1%)	-
	Oklahoma	1 (2%)	-	1 (1%)	-
	Nevada	1 (2%)	-	1 (1%)	-
	Mississippi	1 (2%)	-	1 (1%)	-
	Michigan	1 (2%)	-	1 (1%)	-
	Indiana	1 (2%)	-	1 (1%)	-
	New Jersey	-	-	1 (1%)	1.4B (2%)
	Minnesota	-	-	1 (1%)	294M (< 1%)
	Alabama	-	-	1 (1%)	-
	Oregon	-	-	1 (1%)	-
	Maryland	-	-	1 (1%)	-
United Kingdom	5 (8%)	926M (10%)	9 (6%)	1.7B (2%)
Spain	4 (7%)	6.0B (62%)	6 (4%)	9.5B (11%)
Netherlands	2 (3%)	-	6 (4%)	3.1B (3%)
France	5 (8%)	-	5 (3%)	-
India	4 (7%)	58M (1%)	5 (3%)	888M (1%)
Canada	1 (2%)	-	4 (3%)	981M (1%)
	Alberta	1 (2%)	-	3 (2%)	145M (< 1%)
	Ontario	-	-	1 (1%)	836M (1%)
Finland	3 (5%)	-	3 (2%)	-
Sweden	1 (2%)	129M (1%)	3 (2%)	1.5B (2%)
Turkey	1 (2%)	-	2 (1%)	-
Germany	-	-	2 (1%)	-
Italy	1 (2%)	732M (8%)	1 (1%)	732M (1%)
China	1 (2%)	-	1 (1%)	-
Denmark	-	-	1 (1%)	15.8B (18%)
Estonia	-	-	1 (1%)	91M (< 1%)
Belgium	-	-	1 (1%)	-
Brazil	-	-	1 (1%)	-
Hungary	-	-	1 (1%)	-
Indonesia	-	-	1 (1%)	-
Ireland	-	-	1 (1%)	-
Switzerland	-	-	1 (1%)	-
Ukraine	-	-	1 (1%)	-
Domestic	32 (53%)	1.9B (19%)	96 (63%)	54.9B (62%)
Cross-border	28 (47%)	7.8B (81%)	56 (37%)	34.3B (38%)
Total	60	$9.7B	152	$89.2B

State/Country

Current #

Value

All-time #

Value

United States

32 (53%)

1.9B (19%)

96 (63%)

54.9B (62%)

California

7 (12%)

16 (11%)

5.7B (6%)

New York

9 (6%)

17.7B (20%)

Massachusetts

2 (3%)

8 (5%)

Virginia

2 (3%)

1.9B (19%)

7 (5%)

5.0B (6%)

Pennsylvania

2 (3%)

6 (4%)

14.8B (17%)

Florida

1 (2%)

6 (4%)

Colorado

3 (5%)

4 (3%)

Georgia

2 (3%)

4 (3%)

525M (1%)

Illinois

1 (2%)

4 (3%)

7.3B (8%)

Texas

1 (2%)

4 (3%)

Tennessee

1 (2%)

4 (3%)

Arizona

1 (2%)

3 (2%)

North Carolina

2 (3%)

2 (1%)

Ohio

1 (2%)

2 (1%)

Connecticut

2 (1%)

1.3B (1%)

Missouri

2 (1%)

1.0B (1%)

Washington

2 (1%)

Oklahoma

1 (2%)

1 (1%)

Nevada

1 (2%)

1 (1%)

Mississippi

1 (2%)

1 (1%)

Michigan

1 (2%)

1 (1%)

Indiana

1 (2%)

1 (1%)

New Jersey

1 (1%)

1.4B (2%)

Minnesota

1 (1%)

294M (< 1%)

Alabama

1 (1%)

Oregon

1 (1%)

Maryland

1 (1%)

United Kingdom

5 (8%)

926M (10%)

9 (6%)

1.7B (2%)

Spain

4 (7%)

6.0B (62%)

6 (4%)

9.5B (11%)

Netherlands

2 (3%)

6 (4%)

3.1B (3%)

France

5 (8%)

5 (3%)

India

4 (7%)

58M (1%)

5 (3%)

888M (1%)

Canada

1 (2%)

4 (3%)

981M (1%)

Alberta

1 (2%)

3 (2%)

145M (< 1%)

Ontario

1 (1%)

836M (1%)

Finland

3 (5%)

3 (2%)

Sweden

1 (2%)

129M (1%)

3 (2%)

1.5B (2%)

Turkey

1 (2%)

2 (1%)

Germany

2 (1%)

Italy

1 (2%)

732M (8%)

1 (1%)

732M (1%)

China

1 (2%)

1 (1%)

Denmark

1 (1%)

15.8B (18%)

Estonia

1 (1%)

91M (< 1%)

Belgium

1 (1%)

Brazil

1 (1%)

Hungary

1 (1%)

Indonesia

1 (1%)

Ireland

1 (1%)

Switzerland

1 (1%)

Ukraine

1 (1%)

Domestic

32 (53%)

1.9B (19%)

96 (63%)

54.9B (62%)

Cross-border

28 (47%)

7.8B (81%)

56 (37%)

34.3B (38%)

Total

$9.7B

152

$89.2B

Type	Current #	Value	All-time #	Value
Growth Capital	28 (47%)	-	42 (28%)	-
Secondary Buyout	19 (32%)	1.1B (11%)	37 (24%)	8.8B (10%)
Buyout (LBO, MBO, MBI)	3 (5%)	6.0B (62%)	24 (16%)	9.7B (11%)
Divestiture	6 (10%)	129M (1%)	14 (9%)	6.0B (7%)
Stake Purchase	2 (3%)	54M (1%)	14 (9%)	1.3B (1%)
Going Private	2 (3%)	2.5B (25%)	11 (7%)	45.6B (51%)
Recapitalization	-	-	4 (3%)	2.1B (2%)
Venture	-	-	4 (3%)	-
PIPE	-	-	2 (1%)	15.8B (18%)
Total	60	$9.7B	152	$89.2B

Type

Current #

Value

All-time #

Value

Growth Capital

28 (47%)

42 (28%)

Secondary Buyout

19 (32%)

1.1B (11%)

37 (24%)

8.8B (10%)

Buyout (LBO, MBO, MBI)

3 (5%)

6.0B (62%)

24 (16%)

9.7B (11%)

Divestiture

6 (10%)

129M (1%)

14 (9%)

6.0B (7%)

Stake Purchase

2 (3%)

54M (1%)

14 (9%)

1.3B (1%)

Going Private

2 (3%)

2.5B (25%)

11 (7%)

45.6B (51%)

Recapitalization

4 (3%)

2.1B (2%)

Venture

4 (3%)

PIPE

2 (1%)

15.8B (18%)

Total

$9.7B

152

$89.2B

Type	Total #	Value
Secondary Sale	29 (32%)	9.7B (13%)
Trade Sale - Public Company	19 (21%)	42.5B (58%)
Trade Sale	19 (21%)	15.2B (21%)
IPO	8 (9%)	-
Merger	5 (6%)	2.0B (3%)
Bankruptcy	4 (4%)	-
Sold to Management	3 (3%)	-
Stake Sale	2 (2%)	-
Divestiture	1 (1%)	3.5B (5%)
Total	90	$72.9B

Type

Total #

Value

Secondary Sale

29 (32%)

9.7B (13%)

Trade Sale - Public Company

19 (21%)

42.5B (58%)

Trade Sale

19 (21%)

15.2B (21%)

IPO

8 (9%)

Merger

5 (6%)

2.0B (3%)

Bankruptcy

4 (4%)

Sold to Management

3 (3%)

Stake Sale

2 (2%)

Divestiture

1 (1%)

3.5B (5%)

Total

$72.9B

Financial	Deals
Goldman Sachs Investment Banking Division	6
Bank of America Merrill Lynch (BofA Securities)	4
Barclays Investment Bank	4

Financial

Deals

Goldman Sachs Investment Banking Division

Bank of America Merrill Lynch (BofA Securities)

Barclays Investment Bank

Legal	Deals
Weil Gotshal & Manges LLP	37
Debevoise & Plimpton LLP	5
Simpson Thacher & Bartlett LLP	2

Legal

Deals

Weil Gotshal & Manges LLP

Debevoise & Plimpton LLP

Simpson Thacher & Bartlett LLP

buy	#	Total
> $1B	20	$83.0B
$100M to $1B	13	$6.1B
< $100M	3	$149M
TOTAL	$89.2B
Largest	TDC A/S $15.8B (2005-11-01)

buy

Total

> $1B

$83.0B

$100M to $1B

$6.1B

< $100M

$149M

TOTAL

$89.2B

Largest

TDC A/S
$15.8B (2005-11-01)

sell	#	Total
> $1B	18	$67.6B
$100M to $1B	17	$7.6B
TOTAL	$75.3B
Largest	SunGard Data Systems, Inc. $9.1B (2015-08-12)

sell

Total

> $1B

$67.6B

$100M to $1B

$7.6B

TOTAL

$75.3B

Largest

SunGard Data Systems, Inc.
$9.1B (2015-08-12)

		Deals
Acquired from
Investor(s)	25%	38 (25%)
Strategic(s)	9%	13 (9%)
Exited to
Investor(s)	33%	30 (33%)
Strategic(s)	52%	47 (52%)

Deals

Acquired from

Investor(s)

38 (25%)

Strategic(s)

13 (9%)

Exited to

Investor(s)

30 (33%)

Strategic(s)

47 (52%)

Providence Equity Partners Mergers and Acquisitions Summary

Private Equity Firm Profile

M&A Summary