Providence Equity Acquires Majority Stake in Groupe La Centrale from Axel Springer

Providence Equity Partners Acquires Majority Stake in Marlink from Apax Partners

July 1, 2022

Telecommunications

Providence Equity Partners has acquired a majority shareholding in Marlink Group from Apax Partners, valuing Marlink at approximately $1.4 billion. Ardian and Marlink management have taken minority stakes alongside Providence as Apax retains a significant minority position; the investment is intended to accelerate Marlink's growth and expansion of its smart network and digital solutions.

Providence Equity Partners Acquires Majority Stake in GCL (Global Critical Logistics)

May 21, 2025

Logistics & Distribution

Providence Equity Partners has made a strategic controlling investment to become the majority shareholder of GCL (Global Critical Logistics), a specialist provider of live-events and luxury-goods logistics. ATL Partners will retain a minority stake and GCL will remain led by President and CEO Daniel Rosenthal with global headquarters in New York; financial terms were not disclosed. Providence said the investment positions GCL for organic and inorganic growth across live events, sports broadcasting and luxury-goods logistics.

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.

Apax Acquires Majority Stake in CEME Group

March 17, 2022

HVAC & Mechanical

Apax (with Société Générale Capital Partenaires and BNP Paribas Développement) has signed an agreement to acquire a majority stake in CEME Group, a French leader in electrical and HVAC engineering and maintenance. The transaction (subject to competition approval) reorganises shareholding to exit Azulis Capital and the Desbruères family and aims to accelerate organic growth and M&A to expand regional presence and capabilities in energy efficiency and related services.

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 OpusCapita Solutions from Posti Group

August 3, 2019

Software

Posti Group agreed to sell its subsidiary OpusCapita Solutions Oy to a fund managed by Providence Equity Partners, with the agreement signed on March 8, 2019 and the price undisclosed. OpusCapita, a Finland-headquartered provider of source-to-pay, cash management and product information management software with ~350 employees and ~3,000 customers, will be positioned for increased product investment and global growth under Providence; closing was subject to approval by Germany’s Federal Cartel Office.