Providence Equity Partners LLC was founded in 1989. Providence Equity Partners LLC is a private equity investment firm specializing in financing growth capital, recapitalizations of family-owned businesses, leveraged buyouts, and take-privates investments. The firm also provides debt investment management, and capital market and debt structuring advice through its capital markets group, with respect to its portfolio companies. It typically invests in media, entertainment, communications, and information sectors with a focus on broadcast, broadband, cable television, music, film, wireline, wireless, newspaper, book, magazine and directory publishing, digital media, print media, network television, cable television content and distribution, television and radio broadcasting, satellites, fixed line and mobile telephony systems, local exchange carriers, marketing services, business outsourcing providers, and Internet infrastructure sectors. The firm typically invests in companies based across the world. It primarily invests between $250 million and $2500 million in its portfolio companies. The firm typically leads its investments and prefers to take a board seat in its portfolio companies.