Providence Equity Partners Takes Majority Growth Stake in Modern Campus

Modern Campus Acquires Presence, Campus Engagement Platform

June 24, 2021

Education

Modern Campus, a PE-backed modern learner engagement platform, has acquired Presence, a campus engagement and learning platform for higher education institutions. The add-on—backed by The Riverside Company—expands Modern Campus's product suite and customer footprint, and founder Reuben Pressman joins Modern Campus's executive team.

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.

Providence Equity Partners Invests in Seesaw Learning

October 22, 2021

Education

Providence Equity Partners has made a strategic growth investment in Seesaw Learning Inc., the San Francisco–based SaaS classroom technology platform focused on elementary education. Seesaw’s founders will continue to lead the company as Providence supports the company’s next phase of product and customer growth; 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 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 Minority Investment in Populous Holdings

October 17, 2023

Engineering Services

Providence Equity Partners has made a strategic minority investment in Populous Holdings, a global architectural and design firm specializing in sports and entertainment venues. The capital will support Populous’ continued growth, expansion of service offerings and geographic reach while existing leadership, including Founder and Global Chair Earl Santee, remains in place.