Posts Tagged "Providence Equity Partners"

Funds advised by Providence Equity Partners (“Providence”) have signed an agreement to invest in CloserStill Media (“CloserStill”), one of the world’s leading independent organisers of trade shows and events. Providence agreed to acquire a majority stake from Inflexion Private Equity (“Inflexion”), NVM Private Equity (“NVM”) and management. Phil Soar and Phil Nelson, co-founders of CloserStill, as well as the broader management team, will remain major shareholders alongside Providence. Financial terms of the transaction were not disclosed.

Chime Communications, the sports-focused marketing services group founded by Margaret Thatcher’s media adviser, has agreed to a £374m takeover joint offer from marketing rival WPP and US buyout firm Providence Equity Partners

Chime Communications, the London-listed sports marketing specialist, is in advanced discussions to sell itself for more than £350m to Sir Martin Sorrell’s WPP and US buyout group Providence Equity Partners.Chime said that an independent committee of board members had been convened to discuss a cash offer for all its shares at 365p per share

City sources have told CN that a British private equity name could be on a three-name shortlist of bidders for Birmingham’s National Exhibition Centre

The owner of the Ambassador Theatre Group is among the bidders for Birmingham landmark the National Exhibition Centre (NEC), according to a national news report

Informa, one of the world’s leading knowledge providers, today announces the completion of the disposal of its five Corporate Training businesses to Providence Equity Partners

Informa plc (“Informa” or the “Group”), a leading Academic Publishing, Business Information and Events Group, today announces it has signed a definitive agreement to sell its five Corporate Training businesses to Providence Equity Partners (“Providence”) for a total consideration of up to $180m. The initial consideration of $165m, consists of $100m in cash (net of […]