![]() ![]() Providence is headquartered in Providence, RI and also has offices in New York, London, Hong Kong, Beijing, and New Delhi.įor additional information on Providence, visit. The firm manages funds with over $ 40 billion in commitments and has invested in more than 140 companies globally since its inception in 1989. Providence Equity Partners is a leading global private equity firm that specialises in equity investments in media, communications, education, and information companies around the world. Astorg has offices in London, Paris, Luxembourg and Frankfurt, plus Senior Advisors based in Zurich, Paris and London.įor additional information on Astorg, visit . Developers can show information here about how their app collects and uses. Though not specialised, Astorg has gathered a valuable industry expertise in technology-based industrial companies, healthcare and business-to-business professional services. Astorg enjoys a distinct entrepreneurial culture, a long-term shareholder perspective, and a lean decision-making body enhancing its reactivity. Astorg seeks to partner with entrepreneurial management teams to acquire European companies and create value through the provision of strategic guidance, experienced governance and adequate capital. The European private equity firm Astorg is the majority shareholder of the M7 Group, the two other shareholders are Providence and Airbridge.įor additional information on M7, visit .Īstorg is a European private equity firm with total funds under management of over € 4 billion. M7 Platform Services provides broadcasters with end-to-end distribution solutions for DTH, cable and IPTV reception. Since 2011, M7 also provides broadband and telephony services to its customers in the Netherlands and Belgium. Today, M7 Group SA provides more than 3 million viewers with hundreds of satellite and IP-based radio and television services in digital and HD quality. All brands offer tailor made packages for clients adapted to the local culture and language in these countries. M7 uses different brands in different countries: CanalDigitaal and in the Netherlands, TV Vlaanderen in Flanders and TéléSAT in French speaking Belgium, AustriaSat/HD Austria in Austria, Skylink for the Czech and Slovak markets and M7 Deutschland in Germany. M7 Group SA, based in Luxembourg, is one of Europe’s largest operators of satellite and IP-based TV platforms. Official press releases: Astorg and ProvidenceĮmendo Capital acted as exclusive financial adviser to Astorg. will continue to be significant minority shareholders of M7. Following the close of the transaction, Providence and Airbridge Investments B.V. MyAirBridge The Official YouTube Channel 2.55K subscribers Subscribe Like Share 232K views 2 years ago Manuals We want to show you what makes our app special. Providence Equity investments in European media include Com Hem, Digiturk, Kabel Deutschland, ProSiebenSat.1 and TDC.LUXEMBOURG, J– Astorg Partners will acquire a majority stake in CDS Topco BV, a retail and wholesale supplier of Direct to Home (“DTH”) satellite pay TV services known under the name of M7, from an investor group led by Providence Equity Partners, a global private equity firm focused on media, communications, education and information services investments. Q4 was particularly successful for Canal Digitaal with over 40,000 news homes following the analogue switch-off of Dutch terrestrial television. The AirBridge platform uses digitally modulated sound to transfer URL links, phone numbers and other data directly between your desktop browser and mobile device. “They came to us and we liked them immediately because of their people and their knowledge of the telecoms and media industries,” said Hans Wolfert, Partner in Airbridge Investments and Chairman of CanalDigitaal.Ĭanal Digitaal claimed over 700,000 DTH homes connected as per December 2006 and TV Vlaanderen now counts 30,000 subscribers. Originally an auction was envisaged, but soon Providence surfaced as the most serious candidate. Last November Airbridge hired Lehman Brothers to oversee a possible sale of the two companies. The sale needs to be approved by the Dutch competition authority NMa before completion. Airbridge Investments, which now wholly owns both companies, will keep a minority interest. Providence Equity Partners is to acquire a majority stake in Dutch and Flemish DTH operators CanalDigitaal and TV Vlaanderen. ![]()
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