Searchlight Capital Partners and ForgeLight buy majority stake in Univision Communications

Searchlight Capital Partners and ForgeLight, LLC have completed their majority stake purchase of Univision Communications Inc., the largest Spanish-language U.S. broadcaster.

The deal could value Univision at $8 billion to $10 billion. Searchlight and ForgeLight acquired 64% of the company from an investor group including Madison Dearborn Partners, LLC, Providence Equity Partners, TPG and Thomas H Lee Partners.

Televisa, which keeps a 36% stake of the company, distributes exclusive content to Univision, including its signature soap operas, known as telenovelas, for the broadcaster’s Spanish-speaking viewers in the United States.

Leave a Reply