Total Synergy Acquires Factor AE; PSG and M33 Growth Provide Strategic Investment

Factor Acquires Theory and Principle

February 13, 2025

AI & Machine Learning

Factor (Factor Law) has acquired Theory and Principle, a legal technology design and development agency, to accelerate its AI-first legal solutions strategy. The acquisition combines Theory and Principle's user-centered design and engineering capabilities with Factor's AI and contracting expertise to speed deployment of targeted AI solutions for corporate legal departments and law firms.

Providence Strategic Growth Acquires Majority Stake in Sympa

August 25, 2020

Cloud & SaaS

Providence Strategic Growth (PSG), the growth equity affiliate of Providence Equity Partners, completed a majority investment in Sympa, a Nordic cloud-based human capital management (HCM) software provider. Alfvén & Didrikson will retain a minority stake alongside Sympa's founding team; proceeds will support product innovation, strategic M&A and international expansion across Europe.

Vista Equity Partners Acquires Power Factors

July 27, 2021

Software

Vista Equity Partners has signed a definitive agreement to acquire Power Factors LLC, a provider of enterprise software for renewable energy asset performance and analytics. The deal also includes participation from Q-GRG Ventures (Quantum Energy Partners and Global Reserve Group) and Energy Impact Partners to support Power Factors’ product innovation and global growth.

PSG Equity Makes €24M Growth Investment in N2F

March 6, 2023

Cloud & SaaS

N2F, a French provider of expense management SaaS, raised a €24 million strategic growth investment from PSG Equity to accelerate its European and international expansion, hire ~200 employees over five years, and develop new products. PSG will provide strategic, operational and financial support to help N2F scale across Europe and North America.

Virtusa Corporation Acquires Factor Creative LLC

September 11, 2023

Marketing & Advertising

Virtusa Corporation has acquired Factor Creative LLC, a full-service creative agency based in Walnut Creek, California, to broaden its martech, brand and creative capabilities. The acquisition adds creative, brand identity, website design, CRM/email and marketing analytics services to Virtusa's digital engineering and IT services portfolio; financial terms were not disclosed.

PSG Completes 500th Add-On Acquisition

April 9, 2024

Software

PSG, a growth equity firm focused on software and tech-enabled services, announced the completion of its 500th add-on acquisition. The firm said it has invested approximately $12 billion across 140 portfolio companies in North America and Europe, with roughly half of its invested capital deployed into add-on acquisitions and follow-on capital.