Providence Equity Partners Majority Investment in Tenstreet

Tenstreet Acquires DriverReach

March 31, 2025

Transportation

Tenstreet, the trucking industry's marketplace platform, has acquired DriverReach, a driver recruitment and compliance management software company. The acquisition will combine both companies' driver and carrier audiences and integrate DriverReach's recruiting and compliance capabilities into Tenstreet's platform to scale its network and improve usability for carriers and private fleets.

Providence Equity Partners Takes Majority Growth Stake in Modern Campus

August 26, 2025

Cloud & SaaS

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.

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.

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.

Level Equity Invests in PSTrax; Growth Street Partners Remains Minority Investor

August 5, 2025

Cloud & SaaS

PSTrax, a Littleton, Colorado–based SaaS platform for inventory and asset management used by fire, EMS, law enforcement and military agencies, received a strategic growth investment from Level Equity with Growth Street Partners remaining as a minority investor. The capital will accelerate PSTrax's product development roadmap, deepen integrations, and expand the company's reach across first responder and public safety customers.

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.