PR Newswire

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PR Newswire is an important news source that can be accessed via the X-Billboard. It is part of the Newswire Hub, which bundles important international news sources for stock market participants in one central location. If you want to get a quick overview, you can easily scroll through the headlines. If you want to look at the news in more detail, you can use the detailed views of the info cards to directly access the respective news item and other analysis tools.
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State: 17.08.2024 | 11PM
Tue, 09.07.2024       Goldman Sachs
US38141G1040

Goldman Sachs to acquire majority stake from Providence Equity Partners and other existing investors

TAIT management team to continue leading company and remain significant shareholders

LITITZ, Pa., July 9, 2024 /CNW/ -- TAIT, a global leader in live experiences, today announced that the Private Equity business at Goldman Sachs Alternatives ("Goldman Sachs") will acquire a majority stake in the company from affiliates of Providence Equity Partners ("Providence"), subject to obtaining customary regulatory approvals. Financial details of the transaction were not disclosed.

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