Providence Equity and Ares Lead $400M Convertible Preferred Investment in OUTFRONT Media

Pretium and Ares Management to Acquire Front Yard Residential

November 23, 2020

Real Estate

Front Yard Residential Corporation agreed to amend its definitive merger agreement with a partnership led by Pretium and including funds managed by Ares Management to increase the cash consideration to $16.25 per share, valuing the company at approximately $2.5 billion (including assumed/refinanced debt). The Front Yard board recommended the amended agreement following a competing unsolicited proposal; the transaction was expected to close in Q1 2021, subject to stockholder approval and customary conditions.

Ares and Carlyle Provide €800M Strategic Preferred Equity Investment in Your.World

January 28, 2025

Cloud & SaaS

Your.World, a leading European web hosting and managed IT services platform headquartered in Amsterdam, received €800 million of long-term preferred equity from Ares Management credit funds and Carlyle to support accelerated growth and its scalable M&A strategy. The capital will back continued organic growth and an active acquisitive strategy across European SME markets while reinforcing the company’s decentralized operating model and multi‑brand platform.

Ares Management and Partners Acquire Majority Stake in Form Technologies

January 21, 2025

Manufacturing

Ares Management funds have acquired a majority of Form Technologies' common equity as part of a financing package that injected approximately $304 million of new equity to deleverage the company and support strategic growth. The capital—$154 million of common equity from Ares, the D. E. Shaw group and Onex Credit, plus $150 million of preferred equity from the D. E. Shaw group and Ripple Industries—will fund investments in operational capabilities and commercial expansion across Form Technologies' global manufacturing footprint.

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.

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 Acquires Majority Stake in Groupe La Centrale from Axel Springer

December 16, 2020

E-Commerce

Providence Equity Partners entered exclusive negotiations to acquire a majority stake in Groupe La Centrale, a leading French car classifieds and automotive marketplace, from Axel Springer. Providence will partner with management and retain Axel Springer as a minority shareholder to invest in the company’s digital platform, expand services to dealers and drivers, and drive organic growth; the deal was expected to close in Q1 2021 subject to customary conditions and regulatory approvals.