Searchlight Capital Partners and ForgeLight Acquire Majority Stake in Univision

December 29, 2020

Searchlight Capital Partners and ForgeLight acquired an approximately 64% majority ownership interest in Univision Holdings, Inc., with Grupo Televisa retaining about 36% and converting warrants into common stock. Wade Davis (ForgeLight) becomes Univision CEO as the new owners plan to deepen engagement with U.S. Hispanic audiences, expand digital capabilities and accelerate content and advertising-product initiatives.

Buyers
Searchlight Capital Partners, ForgeLight LLC
Targets
Univision Holdings, Inc.
Sellers
Madison Dearborn Partners, Providence Equity Partners, TPG, Thomas H. Lee Partners, Saban Capital Group
Location
Florida, United States
Transaction Type
Buyout

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