Click here for printer friendly page
Providence to buy Decision Resources23/05/2007. Source: AltAssets. 
 Providence Equity Partners has agreed to acquire a majority stake in Decision Resources, a research and advisory firm focusing on pharmaceutical and healthcare issues, from Boston-based private equity firms Castanea Partners and Boston Ventures Management for an undisclosed amount.
Following completion of the transaction, the current management team will remain in place.
Castanea invests in small to mid-market companies. The firm is currently investing from its second fund, targeting companies with enterprise values between $25m and $125m.
Boston Ventures is currently investing their seventh fund. The firm focuses on mid-market media, information and publishing, entertainment, and communications opportunities.
Providence is specialises in investments in media, entertainment, communications, and information companies. Providence is headquartered in Providence, Rhode Island, and has offices in New York, London, Hong Kong, and New Delhi. Providence closed its sixth fund, Providence Equity Partners VI, on $12bn earlier this year.
Copyright © 2007 AltAssets
|
