Effective Date: November 4, 2022. Thank you for visiting this website, provided to you solely for informational purposes by Providence Equity Partners L.L.C. (together with its affiliates, “Providence,” “we,” or “us”).
Acceptable Use of the Website
Restrictions on Use
As a condition of your use of the Website, you agree that you will not, under any circumstances:
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- Use the Website for any unlawful purpose or for the promotion of illegal activities;
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If we believe you are using or attempting to use the Website in breach of any one or more of these restrictions, we reserve the right to suspend or terminate your ability to use the Website (or any portion thereof).
Linked Sites and Other Third-Party Content
The Website may provide links to websites operated by other entities. These links are provided strictly for your convenience. In addition, with or without our consent, third-party sites may be linked to the Website and third parties may repost outside of the Website information shared by Providence on the Website. We make no warranty or representation regarding, do not endorse, and do not accept any responsibility for, any websites linked to or from the Website or the information appearing thereon or any of the products or services described thereon. You acknowledge and agree that use of third-party websites is strictly at your own risk. You may not link a part of the Website to another website without our express permission. We make no warranty or representation regarding, do not endorse, and do not accept any responsibility for, any information that is reposted from the Website without Providence’s express permission.
Additionally, the Website may show news released by, and other content prepared by, organizations other than Providence (such news and other content, “Third-Party Content”). We make no warranty or representation regarding, do not endorse, and do not accept any responsibility for, any Third-Party Content shown on the Website. The Social Media Sites may also show comments or reactions (including likes and emojis) (collectively, “Comments”) from third parties and Providence employees. We make no warranty or representation regarding, do not endorse, and do not accept any responsibility for, any Comments (including any Comments posted by Providence employees).
The Website and its Content are the exclusive property of and owned by Providence. The Website contains and is protected by intellectual property rights, including copyrights, trademarks, logos, and service marks (whether registered or not, and wherever in the world those rights may exist) owned by Providence or third parties that have licensed their materials or provided services to Providence. “Providence Equity” is a registered trademark of Providence Equity Partners L.L.C. Access to or viewing materials posted to the Website does not confer any license under any of our or any third party’s intellectual property rights or otherwise authorize you to use any trademark, logo, service mark, copyright, or other intellectual property, except as explicitly provided herein, agreed to by Providence or permitted under applicable law. The Content of the Website may not be reproduced or redistributed in whole or in part, in any format, without the express written approval of Providence.
No Offers or Advice/Forward-Looking Statements/Historical Information
The Content provided on the Website is for informational purposes only and is not, and may not be relied on in any manner as, professional, tax, accounting, legal, ERISA or financial advice or as an offer to sell or a solicitation of an offer to buy an interest in any fund, investment vehicle, or account managed by Providence. An offer or solicitation will be made only through a final private placement memorandum, subscription agreement, prospectus, or other related document with respect to a particular investment opportunity (each, an “Offering Document” and collectively, the “Offering Documents”) and will be subject to the terms and conditions in such documents, including the qualifications necessary to become an investor. The information on the Website is superseded by, and is qualified in its entirely by reference to, the Offering Documents. By clicking the “I Agree” button, among other methods, on the click-through page of an offering, you represent that you have been provided with the applicable Offering Documents and have had an opportunity to review the terms and conditions, as well as the risk factors, of said offering. None of the information contained on the Website has been filed with the U.S. Securities and Exchange Commission, any securities administrator under any state securities laws or any other governmental or self-regulatory authority. No governmental authority has passed on the merits of the offering of interests in any fund, investment vehicle, or account managed by Providence or the adequacy of the information contained on the Website. Any representation to the contrary is unlawful.
Nothing contained on the Website constitutes professional, tax, accounting, legal, ERISA or financial advice nor does any information contained on the Website constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. In addition, nothing contained on the Website shall constitute a recommendation or endorsement of any securities and any references to any securities or portfolio companies should not be used as the basis for making any decision about purchasing, holding or selling any securities or investments.
Nothing contained on the Website should be interpreted or used in any manner as investment advice. Any discussions of securities and portfolio companies is intended to be illustrative and is not intended to be used as an indication of the current or future performance of any securities, funds or portfolio companies. Any transactions described on the Website as having been engaged in by us are included for illustrative purposes only and are not necessarily reflective of overall results of any of our businesses. No endorsement, guarantee or representation regarding the performance or any security, strategy, fund, portfolio company or investment is being made hereby, including regarding the suitability of any investment or investment strategy. Any decision to invest or take any other action with respect to the securities or investments shown on the Website may involve risks not discussed herein and no such decisions should be made based on the information contained on the Website. It should not be assumed that any securities or investments shown on the Website will increase in value. You are solely responsible for evaluating the risks and merits regarding use of the Website and should obtain relevant and specific professional advice, including tax advice, from your legal, financial, personal and other advisers, before making any investment or financial decision or purchasing any financial, securities or investment-related service or product.
An investment in a fund, investment vehicle or account managed by Providence is subject to significant risks that are described in more detail in the Offering Documents, including the loss of principal amount invested. Such investments are not suitable for all investors and are not obligations of or guaranteed by Providence or any of its affiliates. The investments are not bank deposits and are not insured by the Federal Deposit Insurance Corporation or any other entity. Before making an investment decision, prospective investors should pay particular attention to the risk factors contained in the Offering Documents. Investors should have the financial ability and willingness to accept the risk characteristics of an investment. There can be no assurance that any fund, investment vehicle or account managed by Providence will be able to implement its investment strategy or achieve its investment objectives.
Certain information contained on the Website has been obtained from published and non-published sources. Such information has not been independently verified by Providence, and the Website, and the information and materials herein, are provided “as is” and without warranties or representations of any kind either express or implied. Providence and its affiliates disclaim all warranties, express or implied, including but not limited to, implied warranties of merchantability and fitness for a particular purpose. Providence does not warrant the accuracy, completeness or reliability of any information on the Website or that the Website will operate “error free.” Except where otherwise indicated on the Website, the information provided on the Website is based on matters as they exist as of the date of the Website or the date indicated therein and not as of any future date, and may not be updated or otherwise revised to reflect information that subsequently becomes available or changes in circumstances occurring after such date.
Certain information on the Website may contain forward-looking statements, which can be identified by the use of terms such as “may”, “should”, “believe”, “expect”, “anticipate”, “project”, “estimate”, “optimistic”, “intend”, “aim”, “will”, “continue” (or the negatives thereof) or other variations thereof. Due to various risks and uncertainties, actual events or results of actual performance of an investment may differ materially from those reflected or contemplated in such forward-looking statements, which only speak as of the date they are made, and there is no guarantee that these opinions or predictions will ultimately be realized. As a result, investors should not rely on such forward-looking statements in making their investment decisions. Any projection of the performance or targets discussed by Providence is highly speculative and represents Providence’s opinion, which may change. Providence undertakes no obligation to update publicly or revise any statements contained on the Website, whether as a result of new information, future developments or otherwise.
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. ANY INVESTMENT INVOLVES SIGNIFICANT RISKS, INCLUDING LOSS OF THE ENTIRE INVESTMENT.
No representation is being made that any investment or transaction will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided. Market and economic conditions in the future may vary. In addition, not all portfolio companies held by Providence had performance that equaled the performance of the companies shown on the Website. Certain materials contained on this website include quotations from Providence portfolio company executives, certain of whom are also investors in strategies sponsored by Providence. For a complete list of Providence portfolio companies, please refer to the schedule of fund investments provided at https://www.provequity.com/portfolio/all-companies. In addition, individual performance experienced by an investor may vary depending on the structure of a particular investor’s investment.
The Content has not been reviewed or approved by any regulatory authority and has been prepared without regard to the individual financial circumstances or objectives of persons who may receive it. The appropriateness of a particular investment or strategy will depend on an investor’s individual circumstances and objectives. No representation is being made as to the suitability of any investment.
The Providence Team
Providence previously operated as an investment adviser under common control with PSG Equity L.L.C. (“PSG”). As of November 2020, Providence and PSG are no longer affiliates. However, Providence has entered into certain back-office and administrative services and information sharing arrangements with PSG. As part of this arrangement, certain persons are dual employees of both Providence and PSG, while others are only employees of either Providence or PSG but provide services to the other entity through services sharing arrangements. For further information, please refer to Providence’s Form ADV, Part 2A.
Compliance with Applicable Law
Unless otherwise expressly set forth herein, we make no representation that materials on the Website are appropriate or available for use in any particular location. If it is illegal or prohibited in your country of origin to access or use the Website or any of its Content, including any Social Media Site, then you agree not to do so. Those who choose to access the Website do so on their own initiative and are responsible for compliance with local laws.
In the U.K., the Website is issued by Providence Equity LLP, which is authorized and regulated by the Financial Conduct Authority (the “FCA”) and entered on the U.K.’s Financial Services Register with reference number 447678. Providence Equity LLP is a limited liability partnership registered in England and Wales, with registered number OC316278, and has its registered office at 28 St George Street, London, W1S 2FA, the United Kingdom. Its VAT registration number is 884252014. In the U.K., the Website is directed only at professional clients and eligible counterparties, as defined in the Glossary of the FCA Handbook, (together “relevant persons”). The Content of the Website must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which the Website relates is available only to relevant persons and will be engaged in only with relevant persons. In addition, no “investment service,” as defined in the Glossary of the FCA Handbook, is or may be provided by the Website. None of the statements on the Website excludes or restricts any duty or liability that Providence Equity LLP has under the rules and regulations of the Financial Services and Markets Act 2000 of the United Kingdom.
Password and Security Notification
Certain additional information and services available on the Website may be accessible to you only if you have been provided with a username and password (“Password User”). Use of such additional information and services shall be subject to additional terms and conditions. You may not attempt to access any password protected areas of the Website without authorization. If you have been issued a password for the Website, you agree that we have granted you limited access to specific files pertaining to investments relevant to you, and you agree not to attempt to access other computer files. All information that we provide to Password Users is confidential and intended solely for the information of its intended recipient and/or such recipient’s financial, legal or tax advisors, provided that such advisors agree not to disclose any information that is confidential. You, as a Password User, are solely responsible for (1) maintaining the confidentiality of the password and user ID and (2) all activities that occur under your user ID. If, in the process of obtaining a user ID and password, you provide us with any information that is untrue, inaccurate, not current, or incomplete, or if we have reason to suspect that such information is untrue, inaccurate, not current, or incomplete, we have the right to suspend or terminate your user ID and password and refuse any and all current or future use of the Website (or any portion thereof). The Password User shall immediately notify us of any loss or theft of the password, or if the confidentiality of the password has otherwise been compromised in any way. We will not be responsible or liable for any loss, expense or damage arising in any way from use of the password and user ID and/or the accessing of information or materials therewith.
Disclaimer and Indemnity
Views expressed are those of Providence. The Website and the information and materials on the Website are provided “as is” and without warranties or representations of any kind either expressed or implied and we and our affiliates disclaim all warranties, expressed or implied, including but not limited to, implied warranties of merchantability and fitness for a particular purpose. We do not warrant the accuracy, completeness, reliability, security, availability at all times or timeliness of any information on the Website or that the Website will operate “error free.” In no event shall we or our affiliates, or any of our or their respective partners, stockholders, members, managers, officers, directors, employees, agents, funds and such funds’ limited partners (collectively, the “Providence Parties”), be responsible for any damages, liabilities or injury, including indirect, incidental, special, punitive, multiple, consequential or other damages, however caused or arising out of your use of (or inability to use) the Website. If your use of the Website gives rise to any third party complaint, charge, claim, loss, expense, damage, cost, liability or demand, including attorneys’ fees (collectively, a “Claim”), against you or any Providence Party, you agree to (i) indemnify and hold harmless the Providence Parties with respect to any such Claim, (ii) release the Providence Parties from any such Claim and (iii) waive all laws that may limit the efficacy of such release.
Limitation of Liability
To the maximum extent permitted by law, we disclaim all liability arising out of your use of the Website and its Content, even if we have been advised of the possibility of the damages, liability or injury that you suffer, including any damages, liability or injury caused by any incorrectness or incompleteness of information contained herein, any failure of performance, error, omission, defect, interruption, delay in operation, computer virus, line failure or other computer malfunction, whether caused by negligence or otherwise.
Notice of Copyright Infringement
The Digital Millennium Copyright Act of 1998 provides recourse for copyright owners who believe that material posted on Internet sites infringes their rights under U.S. copyright law. If you believe in good faith that items, information or other materials appearing on the Website infringe your copyright, please send us a notice containing the following information:
- A physical or electronic signature of a person authorized to act on behalf of the owner of an exclusive right that is allegedly infringed;
- Identification of the copyrighted work claimed to have been infringed, or, if multiple copyrighted works are covered by a single notification, a representative list of such works;
- Identification of the material that is claimed to be infringing or to be the subject of infringing activities and that is to be removed or access to which is to be disabled, and information sufficient to permit us to locate the material;
- Contact information for the notifying party, including name, address, telephone number, and email address;
- A statement that you have a good faith belief that use of the material in the manner complained of is not authorized by the copyright owner, its agent, or the law; and
- A statement that the information in the notification is accurate, and under penalty of perjury, that you are authorized to act on behalf of the owner of an exclusive right that is allegedly infringed.
Please submit this notice to us at [email protected]
GrowthCap Top 40 Under 40 Growth Investors of 2019 Awards (awarded on December 16, 2019). Top 40 Under 40 Growth Investors of 2019 recognition is awarded by GrowthCap, an independent, third party that is not affiliated with Providence. According to GrowthCap, nominees applied and were independently assessed based on their written responses to questions on GrowthCap’s nomination form and other information they provided, including on breadth of experience through 2019 and recent performance metrics. GrowthCap also took into consideration third party feedback from portfolio company CEOs and other executives. The number of nominees reviewed for this recognition was not disclosed to Providence, and therefore, it and the percentage of nominees receiving the recognition, cannot be disclosed herein. GrowthCap’s recognition is not indicative of Providence’s future performance and was not based on the evaluations of clients or investors of Providence. Providence applied to receive the award with assistance from Prosek LLC. Providence paid a fee per awardee to participate in and distribute the Top 40 Under 40 Growth Investors of 2019 and results. Nominees were not required to be members of GrowthCap to be considered.
The Wall Street Journal Private Equity's 14 Most Influential Women of Today and Tomorrow (awarded on November 15, 2020). The Private Equity's 14 Most Influential Women of Today and Tomorrow is awarded by The Wall Street Journal, an independent, third party that is not affiliated with Providence. According to The Wall Street Journal Pro PE, nominees applied and were independently assessed based on their written responses to questions on The Wall Street Journal’s nomination form and other information they provided, including on breadth of experience throughout their career through September 25, 2020. The number of nominees reviewed for this recognition was not disclosed to Providence, and therefore, it and the percentage of nominees receiving the recognition, cannot be disclosed herein. The Wall Street Journal’s recognition is not indicative of Providence’s future performance and was not based on the evaluations of clients or investors of Providence. Providence applied to receive the award with assistance from Sard Verbinnen & Co. Providence did not pay an application fee to participate in this process. Nominees were not required to subscribe to The Wall Street Journal to be considered.
Financial News 25 Rising Stars of Private Equity in Europe (awarded on May 16, 2021). Financial News 25 Rising Stars of Private Equity in Europe is awarded by Financial News, an independent, third party that is not affiliated with Providence, and Private Equity News, Financial News’ sister publication and an independent, third party that is not affiliated with Providence. According to Financial News, the editorial team conducted extensive research, scrutinized nominations, and canvassed a wide range of industry experts to decide on the final 25 rising stars under the age of 40, based in Europe. All were assessed on: achievements to date given their age (including career progression, expertise, performance and accomplishments in their market particularly in the past 18 months leading up to through March 4, 2021), firepower at their disposal, the stature of their mentors, and potential to reach a position of influence. The number of nominees reviewed for this recognition was not disclosed to Providence, and therefore, it and the percentage of nominees receiving the recognition, cannot be disclosed herein. Financial News’ recognition is not indicative of Providence’s future performance and was not based on the evaluations of clients or investors of Providence. Providence applied to receive the award with assistance from Sard Verbinnen & Co. Providence did not pay an application fee to participate in this process. Nominees were not required to be subscribe to Financial News to be considered.
The Wall Street Journal Pro PE 2021 Women to Watch List (awarded on October 8, 2021). The 2021 Women to Watch List is awarded by The Wall Street Journal Pro PE, an independent, third party that is not affiliated with Providence. According to The Wall Street Journal Pro PE, nominees applied and were independently assessed based on their written responses to questions on The Wall Street Journal’s nomination form and other information they provided, including on breadth of experience throughout their career through August 13, 2021. The number of nominees reviewed for this recognition was not disclosed to Providence, and therefore, it and the percentage of nominees receiving the recognition, cannot be disclosed herein. The Wall Street Journal Pro PE’s recognition is not indicative of Providence’s future performance and was not based on the evaluations of clients or investors of Providence. Providence applied to receive the award with assistance from Sard Verbinnen & Co. Providence did not pay an application fee to participate in this process. Nominees were not required to be members of The Wall Street Journal Pro PE to be considered.
Inc.’s 2022 List of Founder-Friendly Investors Award (awarded on October 4, 2022). The 2022 List of Founder-Friendly Investors recognition is awarded by Inc., an independent, third party that is not affiliated with Providence. Inc. requested nominees provide them with no more than 5 entrepreneur references from U.S.-based, founder-led, portfolio companies that Providence-sponsored investment vehicles had exited between January 1, 2017 and the application deadline of May 13, 2022, and Inc. independently assessed the nominees based on responses to a questionnaire by such entrepreneur references. The number of nominees reviewed for this recognition was not disclosed to Providence, and therefore, it and the percentage of nominees receiving the recognition, cannot be disclosed herein. Inc.’s recognition is not indicative of Providence’s future performance and was not based on the evaluations of clients or investors of Providence. Providence paid an application fee to participate in this process. Nominees were not required to be subscribers to Inc. media to be considered.
Term for Cause of Action. Regardless of any statute or law to the contrary, you must commence any cause of action you may have with respect to your use of the Website within one (1) year after the claim or cause of action arises.
Mailing Address: Providence Equity Partners L.L.C., 50 Kennedy Plaza, Providence, RI 02903, U.S.A.
Email Address: [email protected]
Phone Number: +1 (401) 751-1700