The Ministry Brands team on a mission trip in El Salvador. Photo courtesy of the company.
Company: Ministry Brands
Advisors: Weil, Gotshal & Manges, Bank of America Merrill Lynch and Harris Williams & Co
WHY THEY WON
Netted 1200 pct IRR
Revenue expanded by 15x-plus
EBITDA grew by more than 29x
Turned around investment in less than two years
Private equity firms occasionally source high-powered returns from a higher power. Providence Equity Partners’ growth equity arm, Providence Strategic Growth, won this year’s large-cap deal of the year award with its investment in Ministry Brands, a software company that provides ...