Wade Davis Shakes Up Univision’s C-Suite In A Major Way


On December 29, Searchlight III UTD and ForgeLight‘s acquisition of a majority stake of Univision Holdings formally closed. As such, Searchlight, a private investment firm founded by CEO Wade Davis, and associated entity, ForgeLight — an operating and investment company focused on the media and consumer technology sectors — are now the holders of shares in Univision previously held by Madison Dearborn Partners, Providence Equity Partners, TPG, Thomas H. Lee Partners, and Saban Capital Group.

As expected, Davis assumed Univision’s Chief Executive chair from Vince Sadusky.

What wasn’t expected: a major house cleaning in Univision’s C-Suite.

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