Private Equity Firm Hellman & Friedman Acquires Hyve Group for $1.8 Billion

Private equity firm Hellman & Friedman is acquiring Hyve Group from its current owners, Providence Equity Partners and Searchlight Capital Partners, in a deal valued at approximately $1.8 billion. This acquisition reflects private equity's continued confidence in business events, with Hellman & Friedman betting on the enduring value of in-person business connections as AI reshapes global commerce. Hyve reported $391 million in revenue in 2025.