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
- Industry
- Media & Entertainment
- Location
- United Kingdom
- Transaction Type
- Buyout
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