Providence Equity Partners Inc
Providence Equity Partners | Private Equity Tracker
Rhode Island is not usually considered a hub for private equity firms but Providence Equity Partners is one of the largest. Providence Equity Partners is a private equity group was established in 1989 in Providence, RI. The firm has invested in over 100 companies throughout its 19-year history focused in media, entertainment, communications and information industries. The firm manages over $22 billion in equity capital under management and has five other offices. Click here to gain access to the contact details for Providence Equity Partners and more than 1,000 other private equity firms in our private equity firm directory. Providence Equity Partners, of Providence, has acquired the Florida-based company that runs the Ironman triathlon races held around the United States and in other countries.
The investment group bought World Triathlon Corp., a privately held company based in Tarpon Springs, Fla. The purchase price was not disclosed.
“Providence is excited about the opportunity to support World Triathlon Corporation and is pleased to be working with CEO Ben Fertic to further grow the business,” said Andrew Cole, a spokesman for Providence Equity Partners, in a statement.
“We look forward to building on its tremendous success as the leading user-based sports brand in the world.Read More...
Story #2: Providence Equity Partners Completes Second Deal in Three Months
Providence Equity Partners is on a two-deal roll after it completed its deal to buy Blackboard at the start of this month. The private equity firm purchased SRA International, the government contracting firm, three months ago. Read More
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