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Providence Equity Sells Scuba Certifier PADI for $700 Million

By Matt Jarzemsky March 21, 2017 4:52 p.m. ET 1 COMMENTS Providence Equity Partners LLC agreed to sell scuba certifier 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 consortium includes philanthropists who were drawn to PADI’s efforts to promote oceanic conservation as well as its business, people familiar with the deal said. They purchased the company through an entity dubbed Mandarinfish Holding, named for a Pacific Ocean-dwelling fish whose vivid orange, blue and green colors make it a favorite of some divers, the people added. Orange County, Calif.-based PADI is the world’s largest diving membership and training organization, having issued more than 25 million certifications, according to its website. Scuba equipment salesman John Cronin … Read entire article »

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Diving related organizations

Cave diving Cave diving training organizations: CDAA – Cave Divers Association of Australia ( CDG – Cave Diving Group ( GUE – Global Underwater Explorers ( ITDA – International Technical Diving Association ( IANTD – International Association of Nitrox and Technical Divers ( NACD – National Association for Cave Diving ( ) NSS-CDS – National Speleological Society Cave Diving Section ( PSAI – Professional Scuba Association International ( UTD – Unified Team Diving ( ) TDI – Technical Diving International ( ) TSA – Trimix Scuba Association NAUI … Read entire article »

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Diving related Organizations

There are a number of scuba and related organizations around the world. Most of them have high standards and provide comprehensive diver training. Is there enough difference that it really matters which on you are certified through? The agencies around the world pretty much meet the same basic standard for open water scuba instruction. Open water courses include a syllabus of diving theory (physics, physiology, and so on) along with practical skills. Classroom or homework supports the student whether a rookie or experienced diver who is looking for more. Some agencies allow leave the number of lecture hours and pool sessions at the instructor’s discretion. Also, it is not uncommon to see some instructors exceed an agency’s minimum standards. In my humble opinion being restricted to teach just the minimum, no more, … Read entire article »

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