Money Makers Mentor

Searchlight, ForgeLight Complete Univision Stake

Searchlight Capital Partners and ForgeLight complete majority stake in Univision, the largest Spanish-language broadcaster in the United States. Searchlight and ForgeLight acquired 64 percent of the company from an investor group. This group includes Madison Dearborn Partners, Providence Equity Partners, TPG, Thomas H. Lee Partners and Saban Capital Group. This deal states that Univision’s valuation could be between $8 billion to $10 billion.

Televisa, Mexico’s biggest broadcaster, would keep their 36 percent stake in Univision. On top of that, they will also keep their programming license with Univision. Their content for Univision includes telenovelas, or soap operas. Wade Davis, Forgelight’s Chief Executive and founder, will be Univision’s CEO when the deal closes. He was Viac…

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