March 28, 2017 2:29 AM ET

Diversified Consumer Services

Company Overview of PADI Worldwide Corp.

Company Overview

PADI Worldwide Corp. provides scuba diving training services. It offers kids, professional, technical, and online courses. The company was founded in 1966 and is based in Rancho Santa Margarita, California. PADI Worldwide Corp. operates as a subsidiary of Capital Investments & Ventures Corp.

30151 Tomas Street

Rancho Santa Margarita, CA 92688-2125

United States

Founded in 1966

Phone:

949-858-7234

Fax:

949-267-1267

Key Executives for PADI Worldwide Corp.

Chief Executive Officer and President
Chief Financial Officer
Compensation as of Fiscal Year 2016.

PADI Worldwide Corp. Key Developments

Providence Reportedly Sells PADI to Wealthy Families, Endowments

Providence Equity Partners LLC agreed to sell PADI Worldwide Corp. (Professional Association of Diving Instructors) to a group of wealthy families and endowments for more than $700 million, according to people familiar with the matter. The buyers will purchase Professional Association of Diving Instructors through an entity being called Mandarinfish Holding. Deutsche Bank AG advised PADI on the deal, according to people familiar with the matter.

Providence Equity Partners Reportedly Seeks Sale Of PADI Worldwide

Providence Equity Partners LLC is exploring a sale of PADI Worldwide Corp. that could value the company at about $1 billion, according to people familiar with the matter. Providence Equity is reportedly working with Deutsche Bank AG to find buyers and the sale process has been planned for the first quarter of 2017, people familiar with the matter said. Asian buyout firms may reportedly be among interested bidders for PADI Worldwide. Representatives for Providence Equity and Deutsche Bank declined to comment.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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