Advance

Advance is a private, family-owned investment firm founded in 1922 by S.I. Newhouse and his family. With nearly a century of experience, Advance has built a diverse portfolio that spans media, entertainment, technology, communications, and education, among other growth sectors. Key companies under its management include renowned brands like Condé Nast, Advance Local, and The IRONMAN Group, along with significant stakes in Charter Communications, Reddit, and Warner Bros. Discovery.

Advance thrives on fostering long-term value and innovation by establishing strong, trustworthy relationships with its portfolio companies. Their approach is characterized by listening to leadership teams, providing support, and empowering them to capitalize on their strengths. The company is committed to creating a sustainable future for its investments by providing patient capital and guidance, ensuring that the businesses not only achieve financial success but also contribute positively to their respective industries. As a forward-thinking organization, Advance is dedicated to identifying and nurturing enterprises that align with its vision for impactful growth.