Providence Equity Partners to invest a minority stake in Populous.

Providence Equity Partners, a premier private equity firm, agreed to invest a minority stake in Populous, a global sports and entertainment venue architectural and design firm. Financial terms were not disclosed. “We have experienced ongoing success in our core business, as well as growth through geographic expansion and extension of the services that we offer our clients. As our industry continues to evolve, we believe this partnership will enable greater integration and expansion of our global business. Providence has a strong track record of supporting the success of businesses that deliver world-class events and experiences, and we believe their expertise will further accelerate our momentum and enable us to capitalize on additional growth opportunities while retaining the core values and culture that are integral to Populous,” Earl Santee, Populous Global Chair.