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New Deal


Announced

Completed

Providence Equity Partners invested in TAIT.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

engineering solutions

Acquisition

Minority

entertainment

Private Equity

Engineering Consulting

Private

Friendly

Completed

Single Bidder

Synopsis

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Private equity firm Providence Equity Partners invested in TAIT, the market leader in designing, developing, and operating live event solutions for the entertainment industry. Financial terms were not disclosed. “Providence is the ideal partner to help us accelerate our growth initiatives and strengthen our market position. We are proud to be a part of the Providence family and look forward to working with them to expand our offering for artists, entertainment companies and corporate brands that consistently turn to TAIT for spectacular live experiences,” Adam Davis, TAIT Chief Creative Officer.

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