Providence Equity Partners names new MD

Providence Equity Partners has hired Josh Empson as a managing director in the firm’s New York office. Previously, Empson worked at NantCapital, an investment firm he co-founded. Headquartered in Providence, RI, Providence Equity Partners is a private equity firm focused on media, communications, education, and information companies.

PRESS RELEASE

Providence, RI – November 19, 2013 – Providence Equity Partners, the world’s leading private equity firm focused on media, communications, education and information investments, announced today that Josh Empson has joined the firm as a Managing Director. Based in the firm’s New York office, he will focus on new investments in the media sector and be involved with existing portfolio companies, including Learfield Sports, Providence’s most recent investment.
Mr. Empson joins Providence from NantCapital, an investment firm he co-founded in 2012 focused on media, mobile technology, and healthcare software and services. Prior to NantCapital, Mr. Empson was a managing director at Forstmann Little & Co. where he led several investments in media and sports. From 2001 to 2007, he headed corporate development at United Online, Inc., a leading provider of consumer products and services over the Internet. Earlier in his career, Mr. Empson served in various roles at NBC. Mr. Empson received a Bachelor of Arts degree from Princeton University.
“Josh’s experience in digital media, sports and entertainment is a perfect fit for Providence’s sector focused investment strategy,” said Jonathan Nelson, Chief Executive Officer of Providence. “He has an exceptional track record of collaborating with management teams to help companies capture growth opportunities. His experience and relationships as an entrepreneur, operator, and investor will complement our team, and we look forward to his contributions.”
“Providence is a unique opportunity for me to focus on my areas of expertise and work with many of the most innovative operators and investors in the industry,” said Mr. Empson. “I look forward to helping Providence continue its remarkable record of building exciting, disruptive media companies around the world.”
About Providence Equity Partners
Providence Equity Partners is the leading global private equity firm specializing in equity investments in media, communications, education, and information companies around the world. In total, the firm’s principals manage funds with $37 billion in commitments and have invested in more than 130 companies globally since the firm’s inception in 1989. Providence’s past and current media related investments include AutoTrader.com, The Chernin Group, Digiturk, Hulu, Ironman, Kabel Deutschland, Learfield Communications, MLS Media, ProsiebenSat.1, UFO Moviez India, Univision, Warner Music Group, Yankees Sports & Entertainment Network, and ZeniMax Media. Providence is headquartered in Providence, RI and also has offices in New York, London, Hong Kong, Beijing, and New Delhi. Visit www.provequity.com for more information.