Providence Equity Partners, a specialist private equity investment firm, agreed to acquire Hyve Group, an exhibitions and conferences organizer, for £481m. “The Board believes the offer represents value for shareholders and that Providence, with their knowledge of the sector and belief in the business and management team, will be a good partner for Hyve. I would like to take this opportunity to recognise the exceptional contribution of our people, whose commitment and hard work have fundamentally changed Hyve for the better, and place us at the forefront of our industry,” Richard Last, Hyve Group Chairman. On 25 April, 2023; Providence Equity raises its offer for Hyve Group to £524m.