Congratulations to Principal Chris Andrews and Senior Vice President Chris Collins who have been named to GrowthCap’s 2024 Top 40 Under 40 Growth Investors list! This annual award recognizes executives for their extensive deal experience, impactful contributions to the growth of portfolio companies, collaborative approach and strong potential for future leadership. We’re so fortunate to have them both on our team, where they contribute to driving growth both at PSG and across our portfolio companies. To learn more about the award and its recipients, click the link below: https://lnkd.in/expT_b-2 PSG submitted a nomination to be considered for these awards and, once awarded on December 18, 2024, paid to participate in and distribute the results of these awards. According to GrowthCap, nominees applied and were independently assessed based on their written responses to questions on GrowthCap’s nomination form and other information they provided. GrowthCap also took into consideration third party feedback from portfolio company CEOs and other executives. Statements provided in such feedback or in connection herewith by PSG portfolio company executives are not representative of the experience of all PSG portfolio companies and their personnel with PSG. For more information about these awards, please see PSG’s Terms and Conditions of Use here: https://bit.ly/3aMVMpW.
PSG
Financial Services
Boston, Massachusetts 22,872 followers
Helping software companies navigate and capitalize on transformational growth
About us
PSG is a growth equity firm that partners with software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams. Having backed more than 140 companies and facilitated over 500 add-on acquisitions, PSG brings extensive investment experience, deep expertise in software and technology, and a firm commitment to collaborating with management teams. Founded in 2014, PSG operates out of offices in Boston, Kansas City, London, Madrid, Paris and Tel-Aviv. To learn more about PSG, visit www.psgequity.com. Disclaimer: https://bit.ly/3aMVMpW Visit http://bit.ly/39lIOA8 for a comprehensive list of all investments.
- Website
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http://www.psgequity.com
External link for PSG
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Boston, Massachusetts
- Type
- Privately Held
- Founded
- 2014
Locations
Employees at PSG
Updates
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We are excited to continue to support the growth of Hostaway alongside General Atlantic (GA) following our initial investment in 2023. Hostaway’s integrated vacation rental software platform boasts over 200 marketplace partners, curating premier vacation rental software and tools within the industry for customers with properties in over 90 countries worldwide. Together with GA, we will continue to support the company with international expansion, product development and AI initiatives. Edward Hughes, Managing Director at PSG, said “Hostaway has already grown three-fold since making our investment, which is a testament to the company’s deep expertise in the short-term rental property space and the strong global customer demand for its products. There is a lot to be proud of and we are excited to continue to support Hostaway in this next chapter alongside GA.” Read more about the investment here: https://lnkd.in/eBVBCNJu
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Visit Group, our portfolio company that specializes in hospitality SaaS in Northern Europe, has announced a partnership with Inside Labs AG, a SaaS innovator in the travel sector. This collaboration enables Inside Labs to tap into Visit Group’s expertise in e-commerce and customer personalization, providing valuable solutions for travel industry players across Northern Europe. Congratulations to Visit Group on this new partnership! We’re proud to support their mission of driving innovation in tourism technology through focused product development and open, scalable SaaS solutions. Learn more about our portfolio here: https://lnkd.in/ehDYE45q
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Great insights at Ventech’s 2nd Portfolio Summit in Paris! PSG’s Quentin Jonas, Managing Director and Head of France, joined Lauriane Requena from KKR and Xavier M. from Adikteev for a panel on financing and executing build-up strategies.
Last Thursday, we brought together 70+ European tech founders and investors at our 2nd edition of #VentechPortfolioSummit in the center of Paris! 🎉 A big thank you to everyone who came to our Portfolio Summit, especially those who traveled all the way from Finland, Denmark, Sweden, Austria, and Germany. Special thanks to our incredible speakers who contributed to this amazing lineup filled with inspirational ideas, practical strategies, and thought-provoking discussions:💡 ✨Keynote on the recap and projection of the European tech market from Manish (GP Bullhound). ✨Engaging panels on topics like build-up strategies (featuring Lauriane from KKR, Quentin at PSG, and Xavier from Adikteev ) and executive team design with leaders like Lisa (Prewave) and Joni (Treon). ✨Super well applauded Lightning Talks covering how to build a highly functional board, startup regulations, product-market fit, media strategies for founders, and impact KPIs with experts like Herve, Agata, Daphné, Kawus and Gaspard. ✨Inspiring fireside from Eric (Withings) and Daphné (Sifted) on the delights and challenges of building multiple companies. ✨Interactive operational discussions allowed participants to dive deep into #GTM strategies, corporate partnerships, #GenAI potential and the link to their own business, and profitability pathways. This year exceptionally, the summit concluded with an unforgettable 25th Anniversary Party 🤘 , celebrating our past venture journey and future.🎉 Beyond horizons, ignite tomorrow’s revolutions! 🔥 #VentechPortfolioSummit #Startups #VC #PortfolioSummit #25YearsOfVentech
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vHive, a global leader in infrastructure digitization and autonomous drone technology, is changing the infrastructure landscape with new advancements in offshore wind turbine inspections. Long seen as costly and complex, turbine inspections often require the capture of data while battling environmental conditions. With vHive's latest platform, companies will be able to deploy drones autonomously, helping enhance efficiency, reduce costs and streamline operations. This advancement will help empower companies to conduct inspections in-house, without relying on third-party contractors or compromising data quality. Read more about our portfolio company vHive and their impact below. https://lnkd.in/eQbwjAYR
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We are thrilled to announce our $175 million strategic investment in Element451, a leading AI-first student engagement platform transforming higher education recruitment and retention. Our partnership, which deepens our exposure to the ed-tech space, will focus on helping the company meet the rising demand for AI-based student engagement solutions in higher education and other learning systems. Rick Essex, Managing Director at PSG said: “In our view, Element451 stands out in the education technology landscape for its innovative approach to solving a critical challenge: how to deliver personalized attention to students while maximizing staff efficiency. We're thrilled to partner with Ardis Kadiu and the entire Element451 team as they continue to develop solutions that help institutions create meaningful connections with students at scale.” Learn more about the investment here: https://lnkd.in/evRJ-ZMH
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We’re pleased to share that Broadlume, a leading provider of digital marketing, visualization and business management software for flooring retailers, has been acquired by Cyncly, a global provider of software and content solutions for designers, retailers and manufacturers. Congratulations to both the Broadlume and Cyncly teams on this exciting new partnership! We wish you all continued success as Cyncly builds the future of the flooring industry. Paul Russ, Principal at PSG commented: “We would like to congratulate and thank the Broadlume team, including Todd Saunders, Sean Bave, Dan Pratt and Catherine Faber, for their dedication and partnership over the past three years, and we’re excited to be a part of Cyncly in its go-forward growth journey!”
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PSG’s Kimberly Eynon, Antonio Weingärtner Alemparte, and Nadia Seery recently attended Slush 2024 in Helsinki! With 5,500 startups, 3,300 investors, and 7,500 meetings, the event was a powerful showcase of collaboration and innovation within Europe’s thriving tech and software ecosystem. PSG also co-hosted an evening drinks reception with Oxx and node.vc, bringing together LPs, entrepreneurs and investors. Here are a few of the team’s highlights from the conference: - Meeting some of the most promising software entrepreneurs and connecting with potential partners. - Discussing the transformative potential of AI, which remains a central theme, and underscoring its pivotal role in driving technological advancements. - Highlighting the growing importance of cybersecurity as organizations address increasingly frequent and sophisticated cyberattacks with robust measures. - Considering the rise of low-code and no-code development platforms, which are helping businesses overcome the developer shortage and accelerate application deployment. - Observing the momentum in investor interest and increased deal activity. It was a blast to join forces with our partners, connect with everyone and shine some 'PSG light' on Helsinki’s dark winter. Thanks to all those who joined our events – see you next year!
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We are thrilled to announce a strategic investment in PlentyONE, a leading all-in-one e-commerce ERP platform that aims to help brands and retailers to optimize their digital sales strategies. The partnership with PSG will help PlentyONE to further increase its presence across the DACH region and beyond, in addition to accelerating strategic investments to enhance its product and services portfolio. Together with PSG, PlentyONE plans to continue delivering innovative e-commerce solutions, explore new international market opportunities and solidify its position as a trusted partner for brands and retailers looking to professionalize their e-commerce operations and broaden their digital marketplaces footprint. Christian Stein, Managing Director at PSG, said: “Jan and his team have built an impressive software platform that offers customers a wide range of functionality across the e-commerce value chain. We were attracted to PlentyONE by its strong recognition in the market, supported by the differentiated and comprehensive product suite they have developed. We’re excited to partner with Jan and combine our experience building pan-European software champions with PlentyONE to further reinforce its position as a market leader in DACH and accelerate growth internationally.” Learn more about the partnership here: https://lnkd.in/e-hT3V7h #growthequity #ecommerce
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Congratulations to our portfolio companies MindBridge, Kenect, LogicGate and IRONSCALES for being named in Deloitte’s 2024 North America Technology Fast 500 Rankings! The list recognizes the fastest-growing technology and life sciences companies in North America, celebrating those driving innovation and impact in their given sectors. This year’s winners helped drive overall revenue growth from 201% to 153,625% over a three-year period, demonstrating consistency and success. We are proud to support MindBridge, Kenect, LogicGate and Ironscales in their commitment to innovation as they continue to push boundaries and pioneer progress in their respective fields. Learn more about these dynamic partnerships below. https://lnkd.in/eriFv8ii