- Providence Equity Partners recently announced that it has named Adam Marcus as a managing director
Providence Strategic Growth Capital Partners (“PSG”) — an affiliate of Providence Equity Partners — a premier private equity investment firm with over $40 billion in aggregate capital commitments has announced that Adam Marcus has joined the firm as a Managing Director based in the Boston office. Marcus is joining PSG from OpenView Venture Partners where he was a partner focused on investing in and growing software and technology-enabled businesses.
While at OpenView, he also served on the boards of Instructure, Kareo, VTS, Spredfast (sold to Vista), UnBoundID (sold to Vista), Monetate, Instantly (sold to SSI), and Fieldaware. Before OpenView, he was an investor at Battery Ventures where he invested in ExactTarget (sold to Salesforce).
“Adam played an integral role in building OpenView into a leading software investment firm, and we are excited to add him to the PSG team,” said Providence Strategic Growth CEO Mark Hastings in a statement. “With his strong investment track record and experience leading and developing exceptional teams, we believe Adam will be a tremendous asset to PSG as we continue to successfully partner with entrepreneurs through our unique ‘buy and build’ strategy.”
During Marcus’ 10-year career with OpenView, he partnered with entrepreneurs to build category-leading companies. Before joining OpenView, Marcus worked as a Senior Associate at Battery Ventures also focusing on investments in software and technology-enabled businesses.
“I feel privileged to join PSG,” added Marcus. “The team at PSG has built a unique model and differentiated investment strategy that has produced outstanding results for their investors and partners. I look forward to helping them continue to build out the platform.”
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