An investor group led by former Viacom CFO Wade Davis has agreed to acquire a 64 percent majority stake in Spanish-language media giant Univision Communications for an undisclosed sum. The group is made up of private equity firm Searchlight Capital and media- and consumer technology-focused operating and investment company ForgeLight, which Davis launched as CEO in December after leaving Viacom due to its recombination with CBS to form ViacomCBS.