Providence Equity Partners Takes Majority Growth Stake in Modern Campus
August 26, 2025
Providence Equity Partners has made a majority growth investment in Modern Campus, a learner-to-earner SaaS platform for higher education. The Riverside Company sold its stake in the business, and Modern Campus appointed Craig Chanoff as CEO as Providence plans to support product development and strategic acquisitions to accelerate growth.
- Buyers
- Providence Equity Partners
- Targets
- Modern Campus
- Sellers
- The Riverside Company
- Industry
- Cloud & SaaS
- Location
- California, United States
- Transaction Type
- Growth capital
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