Providence Equity Partners LLC is a private equity firm with $54 billion in assets under management across complementary private equity and credit businesses. It specializes in growth capital, later stage, lower middle market, and recapitalization of family-owned businesses, large leveraged buyouts, turnaround, distressed, mezzanine, and take-privates investments. It has invested in over 160 companies across the media, communications, education and information industries. The firm invests in companies primarily in Europe and North America, and opportunistically in other parts of the world. It primarily invests between $150 million and $800 million in its portfolio companies. The firm typically leads its investments and prefers to take a board seat in its portfolio companies. It usually takes a minority or majority stake. Providence Equity Partners LLC was founded in 1989 and is based in Providence, Rhode Island with additional offices in New York and London.
Founders: Jonathan Nelson