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Growth equity specialist PSG has acquired a majority stake in European subscription management and recurring billing software company billwerk to foster international growth. The buyout deal marks the ninth investment from the firm’s debut Europe-focused fund.
PSG Takes Majority Stake in Nalanda Global PSG, a growth equity firm that focuses on partnering with middle-market software and technology-enabled service companies, has acquired of a majority stake in Nalanda Global, a Software-as-a-Service company providing supplier risk management software. “Nalanda is a leading digital automation solution operating with a significant addressable market across multiple large sectors,” said Dany Rammal, managing director and head of the PSG Europe team. “We believe Juan Gil Rabadan and the Nalanda team have built an exceptional business, and we’re...
PSG wraps up inaugural Europe fund at $1.5bn Wednesday, February 03, 2021 Laxman Pai, Opalesque Asia: Growth investment major PSG has closed its inaugural European fund, PSG Europe, on its €1.25bn ($1.5 billion) hard-cap. The fund, which was oversubscribed, received commitments from existing and new PSG investors, including state pension funds, sovereign wealth funds, family offices, and high net worth individuals, said a press release from the growth equity firm partnering with lower middle-market software and technology-enabled service companies. The final close of PSG Europe brings...
Share: PSG Europe met with strong demand from new and existing PSG investors PSG, a leading growth equity firm partnering with lower middle-market software and technology-enabled service companies, today announced that it closed PSG Europe, the firm's debut Europe-focused fund, with €1.25 billion in limited third-party partner commitments. The fund, which was oversubscribed, received commitments from existing and new PSG investors, including state pension funds, sovereign wealth funds, family offices and high net worth individuals. The final close of PSG Europe brings PSG's aggregate capit...