Five Pillars of Providence's Investment Strategy
Specialized Industry Knowledge
Over three decades of investment experience in media, communications, education and technology are the source of the deep domain expertise that we leverage and build upon every day. The long history we have in these sectors has also allowed us to build a broad network of industry relationships which serves as a valuable resource on which to draw for talent and perspective.
Providence leverages its industry expertise to identify long-term thematic trends that we believe will drive growth within our target sectors. Those themes underpin our investment strategy, serve to guide our sourcing efforts and dictate where our investment professionals focus their time and efforts.
We generally invest in companies that occupy the middle-market with enterprise values of less than $1.5 billion. We will opportunistically make investments in larger companies where the transaction dynamics meet our investment criteria. We believe that our focus on this segment of the middle market affords us the greatest opportunity to leverage our skills and help transform a company into a larger scale strategic asset.
Providence seeks to invest in companies we believe present strong organic and inorganic growth opportunities. We have built robust capabilities to support M&A within the portfolio while pursuing value creation. In our most recent fully invested strategy, we have completed over 150 acquisitions across the 20 companies in that portfolio.
We view our relationship with management teams as true partnerships oriented around building value and creating enduring franchises. We seek investments where our culture, values and goals align closely with those of the teams we are investing behind.