Investment Summary

Providence Equity Partners Invests In Populous

On October 17, 2023, private equity firm Providence Equity Partners invested in business services company Populous

Investment Highlights
  • This is Providence Equity Partners’ 8th transaction in the Business Services sector.
  • This is Providence Equity Partners’ 84th transaction in the United States.
  • This is Providence Equity Partners’ 3rd transaction in Missouri.

Investment Summary
Date 2023-10-17
Target Populous
Sector Business Services
Investor(s) Providence Equity Partners
Deal Type Growth Capital
Advisor(s) PwC Corporate Finance LLC (Financial)
Bryan Cave Leighton Paisner LLP (Legal)

Target

Populous

Kansas, Missouri, United States
Populous is a global sports and entertainment venue architectural and design firm specializes in designing sports facilities, arenas, convention centers, and airports, as well as the planning and design of large-scale events. Populous was founded in 1983 and is based in Kansas, Missouri.

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Investor(S) 1

Investor

Providence Equity Partners

Providence, Rhode Island, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1989
PE ASSETS 36.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Providence Equity Partners is a specialist private equity firm that targets investments in media, entertainment, communications, and information companies. Specifically, Providence seeks investments in wireless and wireline telephony, cable television content and distribution, music, film, publishing, radio and television broadcasting, and other media and communications sectors. Providence Equity looks to commit $150 million to $800 million of equity capital in transactions ranging from growth financings and recapitalizations, to buyouts and take-privates. Providence Equity Partners was formed in 1989 and has offices in Providence, Rhode Island; New York, New York; Los Angeles, California; London, United Kingdom; Hong Kong, China; and New Delhi, India.

DEAL STATS #
Overall 133 of 135
Sector (Business Services) 8 of 8
Type (Growth Capital) 26 of 26
State (Missouri) 3 of 3
Country (United States) 84 of 85
Year (2023) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-10 d&b

Backnang, Germany

d&b is a producer of high-quality speakers, amplifiers, and related components. d&b systems are used as reliable tools for long-term use at production and distribution companies from the event and multimedia genre, at festivals and concerts, at musicals, concert halls, theaters, and opera houses, in radio and television products from the tiniest conference rooms to the largest stadiums. d&b was founded in 1981 and is based in Backnang, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-29 Viva Gym

Madrid, Spain

Viva Gym is a provider of an ultra-affordable, highly accessible gyms that make it easier for people on lower incomes to exercise, leading to healthier lifestyles and reduced risk of chronic disease. Viva Gym is based in Madrid, Spain.

Buy -
Mergr

Product

Company

Legal