Providence Equity takes stake in Sphere designer
The private equity firm has acquired a minority stake in Populous, an architectural and design firm for sports and entertainment venues
News By Lisa Henderson | 19 October 2023
Providence Equity Partners has acquired a minority stake in Populous, an architectural and design firm for sports and entertainment venues.
Providence, which already backs Superstruct, Wasserman and Ambassador Theatre Group, says the acquisition “fits squarely with [our] focus on sports, entertainment and live events businesses”.
Founded in 1983 as HOK Sports Facilities Group, Populous’s portfolio spans 3,000 projects including Yankee Stadium in New York, Wembley Stadium in London, Stadium Australia and every Olympic and Paralympic Summer Games since 1996.
The firm’s portfolio…
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