blackboard providence equity

Who is the CEO of Blackboard?

Providence originally invested in Blackboard, a leading global EdTech software and solutions company. Blackboard merged with Anthology in 2021. ... Aggregate capital commitments refers to the aggregate capital commitments under management for all private equity funds managed by Providence and assets under management for all credit funds and ...

How much did blackboard pay for Blackboard?

Providence Equity Partners LLC ("Providence"), Blackboard's existing majority owner, will hold a minority stake in the combined company. The transaction is expected to close by the end of 2021, subject to customary closing conditions and regulatory approvals.

Who is Providence Equity Partners?

Sep 13, 2021 · Providence Equity Partners LLC ("Providence "), Blackboard's existing majority owner, will hold a minority stake in the combined company. The transaction is expected to close by the end of 2021, subject to customary closing conditions and regulatory approvals.

Who is Providence Capital Group?

Providence Equity Andrew Cole/Jonathan Doorley Sard Verbinnen & Co 212-687-8080 Blackboard to be Acquired by Providence Equity Partners for $45.00 per share in Cashor $1.64 Billion • Transaction Represents 21% Premium to Company’s “Unaffected” Stock Price • Blackboard to become a privately held company

Who purchased blackboard?

Providence Equity PartnersBlackboard's current owner, Providence Equity Partners, bought it in 2011 for $1.64 billion, and Blackboard was shopped (but not sold) in 2015 for about $3 billion.Sep 14, 2021

What companies does Providence Equity Partners own?

Advantage through focus, success through partnership. Providence is a premier private equity investment firm with over $31 billion in aggregate private equity capital commitments.Learfield Sports. Leading college sports rights and marketing company.Ambassador Theatre Group. ... EdgeConneX. ... Superstruct Entertainment. ... Topgolf.

Who is Blackboard merging with?

Anthology— October 25, 2021 —Anthology, a leading provider of higher education software solutions that support the entire learner lifecycle, and Blackboard Inc., a leading global EdTech software and solutions company, today completed their previously announced merger.Oct 25, 2021

Is Providence Equity Partners publicly traded?

Providence's public equities group (“Providence Public”) is focused on publicly traded securities across the technology, media, telecommunications and financial sectors.

Who owns Providence Equity?

Providence EquityTypeLimited liability companyFounded1989FounderJonathan M. Nelson, CEOHeadquarters50 Kennedy Plaza Providence, Rhode Island , USAKey peopleGlenn M. Creamer, Senior Managing Director Paul J. Salem, Senior Managing Director Emeritus6 more rows

What is the capital of Providence?

Rhode IslandProvidence, city, capital of Rhode Island, U.S. It lies in Providence county at the head of Narragansett Bay on the Providence River.Jan 25, 2022

What happened blackboard?

In March 2019 Blackboard announced that Transact was to be spun off, having been acquired by Reverence Capital Partners. Blackboard Analytics was developed after the company acquired iStrategy, a data analysis firm, in December 2010.

Who is the CEO of Blackboard?

William L. Ballhaus (Jan 4, 2016–)Blackboard / CEOWilliam L. Ballhaus is an American businessman, entrepreneur, and third-generation aerospace engineer. Since 2016, he has served as the Chairman, President and CEO of Blackboard Inc. He served as the Chief Executive Officer and President of DynCorp, a global government services provider, from 2008 to 2010. Wikipedia

What does anthology Inc do?

At Anthology, we collaborate with you to make sure our inventive solutions, global higher education expertise and curated selection of industry-leading products advance your mission, your goals and your success. Anthology strives to support your institution today while being a step ahead of the needs of tomorrow.

What is the difference between public equity and private equity?

The main difference between private equity and public equity is that private equity means the ownership of shares in a private company while public equity means the ownership of shares in a public company.

What is PSG equity?

PSG is a growth equity firm that partners with middle-market software and technology-enabled service companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams.

Is Providence strategic growth part of Providence Equity?

Providence Strategic Growth (“PSG”) is an affiliate of Providence Equity Partners (“Providence”). Established in 2014, PSG focuses on growth equity investments in lower middle market software and technology-enabled service companies.Sep 11, 2019