Providence Equity Partners Makes Minority Investment in Populous Holdings

Providence Equity Partners Takes Majority Growth Stake in Modern Campus

August 26, 2025

Cloud & SaaS

Providence Equity Partners has made a majority growth investment in Modern Campus, a learner-to-earner SaaS platform for higher education. The Riverside Company sold its stake in the business, and Modern Campus appointed Craig Chanoff as CEO as Providence plans to support product development and strategic acquisitions to accelerate growth.

Populous Acquires Fentress Architects

June 6, 2025

Professional Services

Populous has acquired Denver-based Fentress Architects, bringing the award-winning firm's aviation, civic and public architecture expertise into Populous' global portfolio. Fentress will rebrand as Fentress Studios, a Populous Company, and continue operating studios in Denver and Washington, D.C., enhancing Populous' capabilities in aviation, transportation and public-sector design.

Providence Equity Partners Majority Investment in Tenstreet

October 4, 2021

Cloud & SaaS

Funds advised by Providence Equity Partners completed a majority growth investment in Tenstreet, a Tulsa-based provider of driver recruiting SaaS for the trucking industry. Tenstreet co-founder and CEO Tim Crawford will remain an investor and continue to lead the company while existing investor Spectrum Equity retains a significant minority stake; the capital will be used to accelerate product and team growth and to pursue strategic acquisitions.

Providence Equity Partners Makes Strategic Investment in Wasserman

November 1, 2022

Media & Entertainment

Providence Equity Partners has made a strategic growth investment in Wasserman to provide capital for expansion and to fully redeem exiting investors RedBird Capital Partners and Madrone Capital Partners. Casey Wasserman will retain a controlling ownership stake; financial terms were not disclosed.

Providence Equity Partners Acquires Majority Stake in 365 Retail Markets

December 24, 2020

Cloud & SaaS

Providence Equity Partners has made a majority investment in 365 Retail Markets, a Troy, Michigan-based provider of self-service commerce technology for the foodservice industry. Providence will partner with existing investor McCarthy Capital and the company's management team to support product development, customer services, and accelerated growth while CEO Joe Hessling remains a significant shareholder.

Providence Equity Partners Majority Investment in Accelerate Learning

February 21, 2023

Education

Providence Equity Partners has made a majority investment in Accelerate Learning, a Houston-based provider of K-12 STEM curriculum and digital learning platforms. Existing investors including funds managed by Carlyle, Quad Partners, Rice University and Owl Ventures will retain minority stakes; financial terms were not disclosed. The investment is intended to help Accelerate Learning scale growth, deepen customer relationships and pursue organic and inorganic expansion opportunities.