Providence Equity Partners completed the investment in Sweetwater.

Providence Equity Partners, a private equity firm, completed the investment in Sweetwater, an eCommerce provider of musical instruments and audio equipment. Financial terms were not disclosed. "We are thrilled to partner with Providence to help accelerate our next phase of growth and bring the ‘Sweetwater Difference’ to even more customers. I am incredibly proud of the growth our company achieved over the last year, which would not have been possible without the dedication of our employees and world-class team of music gear experts. I am confident this growth equity investment will allow us to reach new heights and further our mission of enabling customers to make music and pursue their dreams," Chuck Surack, Sweetwater Founder and CEO.