Year In Review
invested across flagship funds
gross realizations across flagship funds
3
new platforms
32
add-on transactions completed across 16 platforms
12
significant realizations
~60%
of Providence IX invested to date
New Platforms
New Platforms
Over $700 million invested across three new portfolio companies
Over $700 million invested across three new portfolio companies
Rock-It (formerly Global Critical Logistics "GCL") is a global leader in speciality logistics solutions to live entertainment and music touring, sports, film and TV production, fine art and luxury vehicles through a roster of market-leading brands including Rock-it Cargo, DIETL and CARS.
Tax Systems is a leading specialist provider of tax compliance solutions that digitize the process, enabling tax professionals to automate workflows, enhance compliance, mitigate risk and generate valuable insights from their tax function.
Portfolio News
Portfolio News
KPA Separates Businesses, Launching Novara
KPA announced the separation of its Flex and Risk Management Center (RMC) businesses into an independent entity named Novara. Novara will focus on safety and operational risk solutions, while KPA continues as the authority in automotive compliance.
Stonepeak to Acquire TeleTower from Bitė
The transaction will create the first fully independent tower company in the region and represents the beginning of a strategic partnership dedicated to investing in the Baltics’ mobile network and improving end-customer experience.
Exits
Exits
$2.1 billion in gross realizations across20 portfolio companies
$2.1 billion in gross realizations across
20 portfolio companies
Providence, KKR and Cinven signed a binding agreement to sell their stake in MasOrange to Orange Group for an equity value of €4.25 billion.
Providence sold its stake in La Centrale, a leading French auto classifieds platform, to OLX Group for €1.125 billion.
Providence sold its remaining 50% stake in Globeducate to a newly formed fund continuation vehicle managed by Providence.
Providence sold its majority stake in Tempo Music to a subsidiary of Warner Music Group (NASDAQ: WMG).
Other Material Liquidity Events
Other Material Liquidity Events
Promotions
Annual Meeting
Providence’s October Annual Meeting convened limited partners, portfolio company leaders, senior advisors, operating partners and the Providence team for an update on performance and investment activity. The meeting featured a dynamic fireside chat with U.S. Soccer legend Landon Donovan and Men in Blazers host Roger Bennett on the growth of soccer in the U.S. and the road to the 2026 World Cup.
Executive Summit
In June, Providence brought together portfolio company executives and leading industry experts for our annual forward-looking summit focused on market trends, innovation, and leadership. We’re proud to support a community of leaders who share our commitment to growth and to shaping the future of our businesses.
Global Service Day
Each year, Providence employees come together to support the communities where we live and work. This year, colleagues across our Providence, Boston, New York, and London offices participated in Global Service Day through initiatives focused on environmental stewardship, education, and children’s enrichment, including shoreline cleanup efforts in Rhode Island, hands-on math activities with students in New York, and outdoor space improvements at a children’s nursery in London.
Annual Meeting 2026
Providence's annual meeting will return to the Glasshouse New York.
We’re grateful for the support from our valued team, limited partners and management teams, and look forward to building on this momentum in 2026.
We’re grateful for the support from our valued team, limited partners and management teams, and look forward to building on this momentum in 2026.
Please review important disclosures here, and please see Providence's Form ADV Part 2A filed with the SEC for additional details. For a complete list of investments, visit https://www.provequity.com/portfolio/list.
Providence was selected for the HEC-DowJones Large Buyout Performance Ranking 2025 based on DowJones independent research which draws on a comprehensive set of data on PE fund performance provided by Preqin and directly from PE Firms and uses a differentiated methodology to calculate the aggregate performance of a PE firm based on different performance measures for at the funds managed by each firm. The performance data from 695 PE firms and the 1,439 funds they raised between 2012 and 2021 with an aggregate equity volume of $2.5tn were analysed. HEC-DowJones’ recognition is not indicative of Providence’s future performance and was not based on the evaluations of clients or investors of Providence.
