Providence and Searchlight Acquire Hyve

June 8, 2023

Providence Equity Partners and Searchlight Capital Partners, through Heron UK Bidco Limited, completed the acquisition of global events business Hyve for an enterprise value of approximately £524 million. The investors plan to provide strategic and capital support to accelerate Hyve's growth, enhance its digital and omnichannel capabilities, and pursue organic and acquisitive expansion of its events portfolio.

Buyers
Providence Equity Partners, Searchlight Capital Partners, Heron UK Bidco Limited
Targets
Hyve
Location
United Kingdom
Transaction Type
Buyout

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