PSG Equity Invests $15M in CommBox

PSG Makes Growth Investment in CommBox

October 28, 2021

Cloud & SaaS

PSG, a growth equity firm, has made a strategic growth investment in CommBox, an Israeli SaaS provider of an AI-powered omnichannel customer communication platform. The investment will support CommBox's international expansion (especially into the U.S. and Europe) and accelerate product innovation; PSG partners Tom Reardon and Chris Nesbitt will join CommBox's board.

PSG Equity Makes Strategic Growth Investment in Packback

April 30, 2024

Education

PSG Equity has made a strategic growth investment in Packback, an AI-powered student engagement and academic platform headquartered in Chicago. The investment will support Packback's expansion of its instructional AI platform across K-12 and higher education, accelerating product adoption and go-to-market efforts.

PSG Equity Invests $80M Growth Round in CTERA

July 17, 2024

Cloud & SaaS

CTERA has raised $80 million in a primary and secondary growth investment from PSG Equity. The funding will support expansion of CTERA's hybrid cloud data platform and AI-driven data intelligence services; Ronen Nir of PSG has joined CTERA's board alongside existing investors Benchmark, Bessemer Venture Partners and Red Dot Capital Partners.

PSG Equity Invests Over €50 Million in Zenchef

September 19, 2022

Cloud & SaaS

PSG Equity has made an investment of over €50 million in Zenchef, a Paris-based restaurant technology company, to support the company’s European expansion and product development. The growth equity from PSG will help Zenchef accelerate hiring, broaden its SaaS product suite (including a consumer app and pay-at-table features) and strengthen its leadership across European markets.

PSG Equity Commits Additional $100M to Sport Alliance

November 27, 2023

Cloud & SaaS

PSG Equity has committed an additional $100 million of growth capital to Sport Alliance, the Hamburg-based provider of cloud-based ERP and membership-management software for gyms and fitness studios. The follow-on investment builds on PSG's initial $65 million 2021 investment and will support Sport Alliance's international expansion and continued product and commercial growth; Sport Alliance now serves over 8,000 facilities, supports 5.2 million members and has roughly 350 employees.

PSG Invests €55M in Sellsy

January 11, 2022

Cloud & SaaS

PSG, a growth equity firm, has committed €55 million to Sellsy to accelerate the company’s growth and scale its cloud CRM and FMS suite for SMEs. Sellsy’s existing management (founders and Co-CEOs) will remain in place as the company targets further expansion across France and Europe.