Kirkland & Ellis advised Providence Equity Partners, a premier private equity firm specializing in growth-oriented investments in media, communications, education and technology, on its strategic investment in Wasserman, a global sports, music and culture agency. The investment from Providence will be used to provide capital to pursue growth initiatives and to fully redeem certain prior investors, who will exit. Financial terms of the transaction were not disclosed. Read the transaction press release The Kirkland team was led by corporate partners Michael Weisser, Matthew Cohn and Dave Gusella and associate Ricky Aiello, tax partners Mark Schwed and Mike Conroy, executive compensation partners Kate Vera and John Kleinjan, and technology & IP transactions partners Seth Traxler and Rory Wellever.