Providence Equity Partners to acquire Airties from Invus.

Providence Equity Partners, a private equity firm that specializes in growth-oriented investments in media, communications, education and technology, agreed to acquire Airties, a provider of cloud-based managed Wi-Fi solutions, from Invus, a private equity firm. Financial terms were not disclosed. "We are proud of the leadership position we have achieved and thank our Board and investors for supporting us on this journey. We are excited to work with Providence as Airties continues to build momentum and enter the next stage of its growth journey. We could not have found a better partner to help us accelerate our development globally," Philippe Alcaras, Airties CEO.