Cox buys back AutoTrader Group shares; Providence return: 300 percent in 3 years

03 Jan 2014
The investors at Providence Equity Partners have something to be happy about this new year --- an estimated 300 percent return on their investment in AutoTrader Group. Not bad for a three-year investment.Cox Enterprises, which owned 73 percent of AutoTrader Group,

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Peter M. Zollman

Peter M. Zollman brings more than 35 years of media experience to his role as founding principal of the AIM Group / Classified Intelligence Report. He has worked with a wide range of media companies, dot-coms, technology providers and start-ups to develop and expand successful interactive-media services. He is based in Altamonte Springs, Fla., near Orlando.