General Atlantic Leads $365M Strategic Growth Investment in Hostaway

PSG Leads $175M Growth Investment in Hostaway

May 31, 2023

Cloud & SaaS

Hostaway, a vacation rental management software provider headquartered in Finland, raised $175 million in a growth investment led by PSG to accelerate global expansion, hire talent, and pursue organic and inorganic growth. The funding — the largest capital raise in the vacation rental platform sector to date — will support scaling of Hostaway’s SaaS platform and customer service capabilities.

General Atlantic Makes Strategic Growth Investment in Tripleseat

April 27, 2023

Cloud & SaaS

General Atlantic has made a strategic growth investment in Tripleseat, a Concord, Massachusetts–based event management and payments SaaS platform. Existing shareholders Vista Equity Partners, Level Equity, and Enlightened Hospitality Investments will remain minority investors as Tripleseat plans to use the capital to expand market reach, invest in product and technology, and pursue strategic M&A.

General Atlantic Makes Minority Investment in Partners Capital Investment Group

February 8, 2024

Financial Services

General Atlantic has acquired a minority stake in Partners Capital Investment Group by purchasing equity from longstanding external shareholders and some founding-generation partners. The transaction will increase ownership by the current leadership to retain senior talent while enabling Partners Capital to leverage General Atlantic's global network and capabilities to deepen investment and technology capabilities.

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.

Atlantic Street Capital Acquires Uniguest

June 22, 2021

Cloud & SaaS

Atlantic Street Capital has acquired Uniguest, a provider of secure content management software and managed digital engagement services. Comvest Credit Partners provided a $190.0 million senior secured credit facility to support the acquisition.

PSG Equity Acquires Majority Stake in Visit Group

January 23, 2024

Cloud & SaaS

PSG Equity is investing more than €100 million to acquire a majority stake in Visit Group, a Gothenburg-based hospitality SaaS provider. The capital will support Visit Group’s next phase of organic and inorganic growth across the Nordics and beyond; founder and management will remain significant shareholders.