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Providence Equity Partners
Providence Equity Partners L.L.C. is a specialist private equity investment firm focused on media, communications, education, technology investments across North America and Europe. The firm specializes in growth-oriented private equity investments and has invested in more than 170 companies globally since its inception in 1989. The firm manages funds with over $31 billion in aggregate private equity capital commitments, making it a large global player in the private equity industry. Providence was one of the principal pioneers of a sector-based approach to private equity investing. The firm's eighth fund, Providence Equity Partners VIII, closed on $6 billion in 2019, above its $5 billion target. The prior fund, Providence VII, closed with $5 billion in 2013. Providence is headquartered in Providence, Rhode Island with additional offices in New York, Boston, London and Atlanta. Operations The firm raises investment funds from a broad array of institutional investors, including ...
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Providence Equity Partners
Providence Equity Partners L.L.C. is a specialist private equity investment firm focused on media, communications, education, technology investments across North America and Europe. The firm specializes in growth-oriented private equity investments and has invested in more than 170 companies globally since its inception in 1989. The firm manages funds with over $31 billion in aggregate private equity capital commitments, making it a large global player in the private equity industry. Providence was one of the principal pioneers of a sector-based approach to private equity investing. The firm's eighth fund, Providence Equity Partners VIII, closed on $6 billion in 2019, above its $5 billion target. The prior fund, Providence VII, closed with $5 billion in 2013. Providence is headquartered in Providence, Rhode Island with additional offices in New York, Boston, London and Atlanta. Operations The firm raises investment funds from a broad array of institutional investors, including ...
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Limited Liability Company
A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). An LLC is a hybrid ...
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The Deal (magazine)
''The Deal LLC'' is a media company that offers The Deal Pipeline, a transaction information service, and formerly published finance and business magazine The Deal. The company generates original and daily articles, commentary and data that cover the world of finance and business through the lens of deal making, focusing on core areas including Mergers & Acquisitions, private equity, venture capital financings, bankruptcies and other topics of interest to the investment banking, private equity, legal, hedge fund and venture capital industries. As of 2009 ''The Deal'' had more than 120 employees, including 70 full-time journalists based in the New York headquarters with bureaus across the U.S., London. The roots of the media company began when The Daily Deal was launched in September 1999 by American Lawyer Media with strong support from dealmaker Bruce Wasserstein. In March 2000, ALM sold the assets of the Deal to U.S. Equity Partners, a private equity fund sponsored by Was ...
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T-Mobile US
T-Mobile US, Inc. is an American wireless network operator headquartered in Overland Park, Kansas and Bellevue, Washington, U.S. Its largest shareholder is a multinational telecommunications company Deutsche Telekom AG, which , holds 48.4 percent of the common stock. T-Mobile US is the second-largest wireless carrier in the United States, with more than 110 million subscribers . The company was founded in 1994 as VoiceStream Wireless before Deutsche Telekom purchased it in 2001 and renamed it after its T-Mobile brand. T-Mobile US provides wireless voice and data services in the United States under the T-Mobile and Metro by T-Mobile brands (the latter was acquired via the purchase of MetroPCS in a reverse takeover in 2013, resulting in T-Mobile going public on the NASDAQ stock exchange), and also serves as the host network for many mobile virtual network operators. The company has annual revenues of over $40 billion. In 2015, ''Consumer Reports'' named T-Mobile the number ...
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Univision
Univision () is an American Spanish-language free-to-air television network owned by TelevisaUnivision. It is the United States' largest provider of Spanish-language content. The network's programming is aimed at the Latino public and includes telenovelas and other drama series, sports, sitcoms, reality and variety series, news programming, and imported Spanish-language feature films. Univision is headquartered in Midtown Manhattan, New York City, and has its major studios, production facilities, and business operations based in Doral, Florida (near Miami). Univision is available on pay television providers throughout most of the United States, with local stations in over 60 markets with large Latin American communities. Most of these stations air full local newscasts and other local programming in addition to network shows; in major markets such as Los Angeles, Miami, and New York City, the local newscasts carried by the network's owned-and-operated stations are equally co ...
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Newport Television
Newport Television, LLC was a television station holding company founded by Providence Equity Partners and Sandy DiPasquale in 2007 to acquire the television stations owned by Clear Channel Communications. History In September 2007, Newport agreed to sell KFTY and KVOS-TV tLK Station Group LLCfor $26.6 million. The deal was set to be completed in March 2008 but eventually collapsed due to LK's lender refusing to provide the funding; KFTY (now KEMO-TV) and KVOS have since been sold to other companies. As of October 10, 2007, Newport had agreed to sell KION-TV, KMUV-LP, K44DN, KKFX-CA, KCOY-TV to Cowles Publishing Company for $41 million. Newport's purchase of the Clear Channel stations and those being resold were granted conditional Federal Communications Commission (FCC) approval, subject to divestitures of media properties owned by other affiliates of Providence Equity Partners in several other markets. The entire deal closed on March 14, 2008 after several stations, in a ...
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Bluestone Television
Bonten Media Group was a New York City-based owner of television broadcast stations in the United States. It was formed by Randall D. Bongarten and Diamond Castle Holdings in November 2006. Its first acquisition was 14 stations from Bluestone Television, founded by Sandy DiPasquale and Providence Equity Partners (who would later form Newport Television) on May 31, 2007. Bluestone had acquired the same stations from Lamco Communications in 2004. On January 1, 2008, Bonten entered into an agreement with Esteem Broadcasting to provide services to the Fox affiliates ( WFXI/WYDO) in the Greenville-New Bern market, in addition to WEMT in the Tri-Cities area of Northeastern Tennessee and Southwestern Virginia, bringing the number of stations which Bonten Media Group owns or provides services up to 16 from 13. On April 21, 2017, Sinclair Broadcast Group announced its intent to purchase the Bonten stations for $240 million. The deal came immediately following the re-instatement of the "U ...
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Kabel Deutschland
Vodafone Kabel Deutschland GmbH is the largest cable television operator in Germany. Kabel Deutschland was subject to a hostile takeover bid by the British Vodafone Group in September 2013; the deal was approved in December 2013 and finalised on 29 January 2014. Until the takeover the company name was ''Kabel Deutschland''. Company Vodafone Deutschland GmbH operates in 13 of the 16 states of Germany except Baden-Württemberg, North Rhine-Westphalia and Hesse. In 2006, of the 15.4 million households passed by their cable the company served 9.6 million, however only one third of these are direct customers of Kabel Deutschland, since especially in large apartment complexes the in-house cable networks are owned by cable service companies or housing associations. Kabel Deutschland was founded in January 1999 by the former German telecom monopoly Deutsche Telekom operating as Deutsche Telekom Kabel Services GmbH (DeTeKS) in order to spin off its entire cable television business as r ...
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Hulu
Hulu () is an American subscription streaming service majority-owned by The Walt Disney Company, with Comcast's NBCUniversal holding a minority stake. It was launched on October 29, 2007 and it offers a library of films and television series like 20th Century Studios, Searchlight Pictures, Disney Television Studios, ABC, Freeform, and FX Networks among others, as well as Hulu original programming. Hulu was initially established as a joint venture between News Corporation and NBC Universal, Providence Equity Partners, and later The Walt Disney Company, serving as an aggregation of recent episodes of television series from their respective television networks. In 2010, Hulu launched a subscription service, initially branded as "Hulu Plus", which featured full seasons of programs from the companies and other partners, and undelayed access to new episodes. In 2017, the company launched ''Hulu with Live TV''—an over-the-top live TV service featuring linear television ...
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Eircom
Eircom Limited, trading as Eir ( ; stylised eir), is a large fixed, mobile and broadband telecommunications company in Ireland. The now privatised company, which is currently incorporated in Jersey, traces its origins to the Ireland's former state-owned monopoly telecommunication provider Telecom Éireann and its predecessors, P&T (the Dept. of Posts and Telegraphs) and before the foundation of the state, the telecommunications division of the GPO. It remains the largest telecommunications operator in Ireland and has overseas operations focused on the business and corporate telecom markets in the United Kingdom. The company was in majority state ownership until 1999, when it was privatised through a floatation on the Irish and New York Stock Exchanges. Eir is currently majority owned by Xavier Niel's Iliad SA and his Paris-based NJJ Telecom Europe investment fund. The group includes French telecommunications provider Free and Iliad Italia. Eir operates a wholesale fix ...
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Conversica
Conversica is a US-based cloud software technology company, headquartered in Silicon Valley, (Foster City, California) that provides AI-driven lead engagement software for marketing and sales organizations and a suite of Intelligent Virtual Assistants for businesses. Powered by Artificial Intelligence, the Intelligent Virtual Assistants (IVA) interact with leads and customers in a human-like way. The IVA software interacts over email and SMS text messages and supports the following languages: English, French, German, Spanish, Portuguese, and Japanese. History 2007: The company was founded by Ben Brigham in Bellingham, Washington, originally as AutoFerret.com. The company's initial product was a Customer Relationship Management (CRM) targeted at automotive dealerships. This soon expanded to lead generation, and then lead validation and qualification. The AI for which Conversica is known today was born out of a need to follow-up on and filter out low-quality leads, and in ti ...
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Blackboard Inc
Blackboard Inc. was an American educational technology company with corporate headquarters in Reston, VA. It was known for Blackboard Learn, a learning management system. It merged with Anthology in late 2021, with the future name of the combined company not announced yet. The company's last CEO was William L. Ballhaus, formerly president and CEO of SRA International, who was also named chairman and president, on January 4, 2016, following the resignation of Jay Bhatt, who had led Blackboard since October 2012. The firm provides education, mobile, communication, and commerce software and related services to clients, including education providers, corporations and government organizations. The software consists of seven platforms called Learn, Transact, Engage, Connect, Mobile, Collaborate and Analytics, which are offered as bundled software. The firm was founded by Stephen Gilfus, Daniel Cane, Michael Chasen and Matthew Pittinsky through a business combination in 1997, and be ...
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