Providence Strategic Growth and Silversmith Capital Invest in Validity

Providence Strategic Growth Invests in Next Glass

April 23, 2020

Cloud & SaaS

Providence Strategic Growth (PSG), the growth-equity affiliate of Providence Equity Partners, has made a significant growth investment in Next Glass to accelerate product innovation, go-to-market expansion and support strategic add-on acquisitions. The funding will bolster Next Glass's consumer platforms (Untappd, BeerAdvocate) and its SaaS products (Untappd for Business, Untappd Marketplace) and establish a small-to-medium business support fund for COVID-19 relief.

Providence Strategic Growth (PSG) Takes Majority Stake in Signaturit

October 28, 2020

Cloud & SaaS

Funds managed by Providence Strategic Growth (PSG) have signed a majority investment in Signaturit, a Barcelona-based provider of cloud-based trust services including eSignature, eDelivery and eID. PSG will support Signaturit's product diversification, geographic expansion and strategic M&A as the company scales (Signaturit's founders retain a stake and Juan Zamora remains CEO).

Validity Acquires Litmus

April 10, 2025

Marketing & Advertising

Validity has completed the acquisition of Litmus, a leading provider of email optimization and pre-send testing solutions. The deal brings Litmus's pre-send capabilities together with Validity's post-send deliverability and data intelligence products to create a more comprehensive end-to-end email marketing platform; financial terms were not disclosed.

Providence Strategic Growth Invests €32M in Net Reviews

November 12, 2019

Cloud & SaaS

Providence Strategic Growth (PSG) has agreed to provide a €32 million growth investment in Net Reviews, a Marseille-based developer of SaaS customer review management software (trading as Verified Reviews/Avis Vérifiés). The investment will support Net Reviews' expansion across Europe and the Americas via organic growth and strategic acquisitions while the founding management team remains in place.

Providence Strategic Growth Invests in ThreatConnect

June 3, 2019

Cybersecurity

Providence Strategic Growth (PSG), the growth equity affiliate of Providence Equity Partners, has made a strategic growth investment in ThreatConnect, an Arlington, Virginia-based provider of an intelligence-driven security operations platform. The funding will be used to accelerate ThreatConnect's go-to-market strategy, product development and international expansion as the company plans to increase staff by more than 50% over the next 12 months.

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.