Debevoise & Plimpton LLP is advising Providence Equity Partners in its investment in a multi-decade lease for nine marquee billboards at Two Times Square (“2TS”) and 1600 Broadway from Universal Branding Group (“UBG”). For more information, please see the company’s press release.

Providence Equity Partners is a specialist private equity investment firm focused on growth-oriented media, communications, education, and technology companies across North America and Europe.

The Debevoise team is led by M&A partner Michael Diz and includes associates Erik Andrén, James Malmo and Niusha Tavassoli and law clerk Andrew Lee, real estate partner Edward Rishty, counsel Daniel Farrell, associate Matthew Mrozek and law clerk Akiva Shepard, finance partner Scott Selinger and international associate Timothy Shin, tax partner Erin Cleary, associate Lena Smith and law clerk Olivia Daniels, capital markets partner Morgan Hayes, intellectual property partner Henry Lebowitz and associate Louis Sanchez, antitrust counsel Kyra Bromley and environmental counsel Stuart Hammer.