PSG Leads $125M Growth Investment in HeroDevs

PSG Provides €60M Growth Investment in Sport Alliance

August 19, 2021

Cloud & SaaS

Hamburg-based fitness software group Sport Alliance has secured a €60 million growth investment from growth equity firm PSG. The capital will be used to accelerate product development, expand go-to-market teams, support international expansion and enable M&A activity to scale the company's cloud-based gym management platform.

PSG Leads $65M Growth Investment in Adeptia

March 22, 2023

Cloud & SaaS

PSG led a $65 million strategic growth investment in Adeptia, a Chicago-based B2B data integration software company. The capital will be used to accelerate product innovation, customer success and market adoption; Adeptia also appointed PSG Senior Advisor Vance Loiselle as CEO and Paul Moriarity as CRO as part of the new chapter.

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.

PSG Invests Growth Capital in DigitalEd

August 3, 2021

Education

PSG, a growth equity firm, has made a growth investment in DigitalEd to support product innovation, user experience improvements and go-to-market acceleration for DigitalEd’s Möbius STEM-focused digital learning platform. Financial terms were not disclosed; PSG is DigitalEd’s sole outside investor and will partner with the founding team to scale the business globally.

PSG Leads €20M Growth Investment in Apaleo

November 20, 2024

Cloud & SaaS

Apaleo, an API-first open property management platform based in Munich, raised €20 million in a growth equity round led by PSG Equity with participation from existing investors Redalpine, FOMCAP IV, and Rockaway Ventures. The capital will be used to accelerate international expansion across hospitality and serviced living verticals, further develop the platform, and hire talent to support growth.

PSG Invests $175 Million in Element451

December 6, 2024

Cloud & SaaS

Element451, an AI-first student engagement and CRM platform headquartered in Raleigh, North Carolina, received a $175 million strategic growth investment from PSG to accelerate AI-driven features and expand adoption across higher education. The funding will support product development and market expansion as Element451 scales its customer base of 250+ institutions.