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Private Equity
provequity.com

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Investments

107

Portfolio Exits

70

Funds

27

Partners & Customers

1

Service Providers

3

About Providence Equity Partners

Providence Equity Partners is a global private equity firm focused on equity investments in media, communications, education, and information companies.

Providence Equity Partners Headquarter Location

50 Kennedy Plaza 18th Floor

Providence, Rhode Island, 02903,

United States

401-751-1700

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Latest Providence Equity Partners News

01:30 ET Online Tutoring Market Size to Grow by USD 153.07 billion | Market Research Insights Highlight Growing Importance of ST...

Jan 18, 2022

| Market Research Insights Highlight Growing Importance of STEM Education as Key Driver | Technavio News provided by Share this article Share this article NEW YORK, Jan. 18, 2022 /PRNewswire/ -- According to the research report " Online Tutoring Market by Courses and Geography - Forecast and Analysis 2021-2025 ", the market will witness a YOY growth of 15.10% in 2021 at a CAGR of 15.77% during the forecast period. The report is segmented by courses (STEM, language courses, and other courses) and geography (APAC, Europe, North America, South America, and MEA). Attractive Opportunities in Online Tutoring Market by Courses and Geography - Forecast and Analysis 2021-2025 The online tutoring market covers the following areas: Vendor Insights  The online tutoring market is fragmented and the vendors are deploying growth strategies such as product innovation to compete in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including: Ambow Education Holding Ltd. D2L Corp. Vedantu Innovations Pvt. Ltd. Find additional highlights on the growth strategies adopted by vendors and their product offerings,  Read Free Sample Report . Geographical Market Analysis  APAC is expected to account for 44% of the market's growth during the forecast period. China and India are the key countries for the online tutoring market in APAC. Market growth in this region will be faster than the growth of the market in other regions. The availability of apps and wearables for online tutoring, the growing popularity of online microlearning, and the standardization of tests will drive the online tutoring market growth in APAC during the forecast period. Know more about this market's geographical distribution along with the detailed analysis of the top regions. View Our Report Snapshot Key Segment Analysis By courses, the STEM segment will have significant market share growth during the forecast period. Countries such as China, India, the US, and the UK are increasingly focusing on STEM education to reduce the supply-demand gap in STEM-related job opportunities. Governments of various countries have emphasized the importance of STEM subjects. Moreover, entrance exams require sound knowledge in STEM subjects. The strong focus on the standardization of tests will further increase the competition among students. This will encourage students to join specialized STEM courses and test preparation online tutoring programs during the forecast period. View FREE Sample : to know additional highlights and key points on various market segments and their impact in coming years. Key Market Drivers & Challenges:  The growing importance of STEM education among students, parents, and various educational stakeholders globally is a major factor driving the growth of the online tutoring market. STEM integrates subjects into a unified learning model that is based on real-world applications. Rising job opportunities in STEM fields is one of the major reasons for the rising popularity of STEM courses during the forecast period. The presence of free and open-source tutoring resources is posing a huge threat to the growth of the global online tutoring market. Therefore, consumers who cannot afford paid online tutoring services opt for free services offered by various open-source tutoring firms. Download free sample  for highlights on market Drivers & Challenges impacting the online tutoring market. Customize Your Report  Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer USD 1,000 worth of FREE customization at the time of purchase. Speak to our Analyst now! Related Reports:  Companies profiled Ambow Education Holding Ltd., ArborBridge Inc., China Distance Education Holdings Ltd., Club Z! Inc, D2L Corp., Fleet Education Services Ltd., Growing Stars Inc., iTutorGroup, John Wiley & Sons Inc., K12 Inc., My Tutorweb Ltd., New Oriental Education and Technology Group Inc., Pearson Plc, Preply Inc., Providence Equity Partners LLC, Sylvan Learning LLC, TAL Education Group, Think & Learn Pvt. Ltd., Varsity Tutors LLC, and Vedantu Innovations Pvt. Ltd. Market Dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. About Us:  Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact

Providence Equity Partners Investments

107 Investments

Providence Equity Partners has made 107 investments. Their latest investment was in SKEEPERS as part of their Private Equity - II on November 11, 2021.

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Providence Equity Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/9/2021

Private Equity - II

SKEEPERS

$65M

No

1

10/22/2021

Private Equity

Seesaw Learning

Yes

2

7/13/2021

Series E

Impact

$150M

No

4

12/8/2020

Private Equity

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10

10/1/2020

Series A - II

Subscribe to see more

$99M

Subscribe to see more

10

Date

11/9/2021

10/22/2021

7/13/2021

12/8/2020

10/1/2020

Round

Private Equity - II

Private Equity

Series E

Private Equity

Series A - II

Company

SKEEPERS

Seesaw Learning

Impact

Subscribe to see more

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Amount

$65M

$150M

$99M

New?

No

Yes

No

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Co-Investors

Sources

1

2

4

10

10

Providence Equity Partners Portfolio Exits

70 Portfolio Exits

Providence Equity Partners has 70 portfolio exits. Their latest portfolio exit was TES Global on December 07, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/7/2021

Acq - Fin - II

2

11/7/2021

Acq - Fin - II

2

10/29/2021

IPO - II

$99M

3

9/13/2021

Merger

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10

8/25/2021

Acquired

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10

Date

12/7/2021

11/7/2021

10/29/2021

9/13/2021

8/25/2021

Exit

Acq - Fin - II

Acq - Fin - II

IPO - II

Merger

Acquired

Companies

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Valuation

$99M

Acquirer

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Sources

2

2

3

10

10

Providence Equity Partners Acquisitions

82 Acquisitions

Providence Equity Partners acquired 82 companies. Their latest acquisition was Tenstreet on October 04, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/4/2021

Growth Equity

$99M

Acq - Fin

2

9/13/2021

$99M

Acq - Fin - II

1

6/29/2021

$99M

Acq - Fin

1

3/3/2021

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$99M

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10

12/24/2020

Series A

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$99M

Subscribe to see more

10

Date

10/4/2021

9/13/2021

6/29/2021

3/3/2021

12/24/2020

Investment Stage

Growth Equity

Series A

Companies

Subscribe to see more

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acq - Fin

Acq - Fin - II

Acq - Fin

Subscribe to see more

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Sources

2

1

1

10

10

Providence Equity Partners Fund History

27 Fund Histories

Providence Equity Partners has 27 funds, including Providence Strategic Growth Europe.

Closing Date

Fund

Fund Type

Status

Amount

Sources

11/9/2020

Providence Strategic Growth Europe

$723.63M

4

5/12/2020

Providence Strategic Growth Europe (Lux)

$127.02M

2

12/10/2019

Tempo Music Investments

$650M

1

9/11/2019

Providence Strategic Growth IV

$99M

10

9/5/2019

Providence Equity Partners VIII

$99M

10

Closing Date

11/9/2020

5/12/2020

12/10/2019

9/11/2019

9/5/2019

Fund

Providence Strategic Growth Europe

Providence Strategic Growth Europe (Lux)

Tempo Music Investments

Providence Strategic Growth IV

Providence Equity Partners VIII

Fund Type

Status

Amount

$723.63M

$127.02M

$650M

$99M

$99M

Sources

4

2

1

10

10

Providence Equity Partners Partners & Customers

1 Partners and customers

Providence Equity Partners has 1 strategic partners and customers. Providence Equity Partners recently partnered with Study Group on February 2, 2019.

Date

Type

Business Partner

Country

News Snippet

Sources

2/21/2019

Partner

Study Group

United Kingdom

Ardian to buy Study Group from Providence Equity

Dany Rammal , Managing Director at Providence Equity Partners , said : `` We are pleased to have partnered with Study Group 's strong management team to improve academic outcomes for students around the world , grow the number of University Partners from 16 in 2010 to 48 today , and execute a number of strategic and operational efforts that position the Company well for its next phase of growth .

1

Date

2/21/2019

Type

Partner

Business Partner

Study Group

Country

United Kingdom

News Snippet

Ardian to buy Study Group from Providence Equity

Dany Rammal , Managing Director at Providence Equity Partners , said : `` We are pleased to have partnered with Study Group 's strong management team to improve academic outcomes for students around the world , grow the number of University Partners from 16 in 2010 to 48 today , and execute a number of strategic and operational efforts that position the Company well for its next phase of growth .

Sources

1

Providence Equity Partners Service Providers

8 Service Providers

Providence Equity Partners has 8 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Acq - Fin

Investment Bank

Financial Advisor

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Service Provider

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Associated Rounds

Acq - Fin

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Provider Type

Investment Bank

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Service Type

Financial Advisor

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Partnership data by VentureSource

Providence Equity Partners Team

26 Team Members

Providence Equity Partners has 26 team members, including current Chief Executive Officer, Jonathan Milton Nelson.

Name

Work History

Title

Status

Jonathan Milton Nelson

Chief Executive Officer

Current

Thomas J. Gahan

President

Current

Robert S. Hull

Chief Financial Officer

Current

Raymond M. Mathieu

Managing Director

Current

Glenn M. Creamer

Senior Managing Director

Current

Name

Jonathan Milton Nelson

Thomas J. Gahan

Robert S. Hull

Raymond M. Mathieu

Glenn M. Creamer

Work History

Title

Chief Executive Officer

President

Chief Financial Officer

Managing Director

Senior Managing Director

Status

Current

Current

Current

Current

Current

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