PSG Equity Makes Strategic Growth Investment in Versatile Credit

Synchrony Acquires Versatile Credit

October 1, 2025

Software

Synchrony (NYSE: SYF) acquired Versatile Credit, a consumer-financing software provider that connects merchants, lenders, and consumers through point-of-sale solutions. The acquisition brings Versatile’s multi-source financing platform and reporting capabilities into Synchrony to accelerate its consumer-financing technology roadmap while Versatile will continue serving other lenders and merchants.

PSG Announces Strategic Growth Investment in CourseKey

January 7, 2025

Education

PSG, a growth equity firm, made a strategic growth investment in CourseKey, a student success platform focused on vocational education. The investment positions CourseKey alongside PSG portfolio companies Verity IQ and Campus Ivy to create an integrated, end-to-end technology suite for career-focused and vocational education providers.

PSG Makes Strategic Growth Investment in Searchspring

September 27, 2022

Cloud & SaaS

PSG, a growth equity firm, has made a strategic growth investment in Searchspring to accelerate the ecommerce site search, product merchandising, and personalization platform's product innovation and go-to-market expansion. Financial terms were not disclosed; existing investor Scaleworks will remain an investment partner.

PSG Makes Strategic Growth Investments in Verity IQ and Campus Ivy

September 9, 2024

Education

PSG, a Boston-based growth equity firm, announced strategic growth investments in education technology companies Verity IQ and Campus Ivy to expand their product capabilities and deepen integration across student information and financial aid solutions. Financial terms were not disclosed; the capital will be used to enrich features, strengthen integrations, and accelerate growth across career, community, trade, and higher education markets.

PSG Makes Growth Investment in Vault Verify

August 19, 2021

Cloud & SaaS

Vault Verify, a New Smyrna Beach-based HR technology company that automates employee and income verifications via API integrations, received a significant growth investment from PSG. PSG will take board seats (Adam Marcus and Govind Anand) with Brian Kelly joining as chairman, and the capital will be used to accelerate product innovation, expand channel partner relationships and enhance go-to-market efforts; financial terms were not disclosed.

MentorcliQ Secures Over $80M Growth Investment from PSG

March 9, 2023

Cloud & SaaS

MentorcliQ, an employee mentoring software provider headquartered in Columbus, Ohio, received a strategic growth investment of more than $80 million led by growth equity firm PSG, with participation from existing investors Rev1 Ventures and Plymouth Growth. The funding will support product innovation, expansion of Diversity, Equity & Inclusion offerings, and team growth as MentorcliQ scales its enterprise mentoring platform.