PSG Equity Acquires Elron Ventures' Shares in IronScales

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.

Arieli EL Acquires 59.14% Stake in Elron Ventures

September 4, 2024

Financial Services

Arieli EL, part of the Arieli family office, has completed a $53.2 million acquisition of a 59.14% controlling stake in Elron Ventures from Discount Investment Corporation Ltd. The deal gives Arieli EL control of Elron — a Tel Aviv–based venture/holding company with over $250 million AUM and a portfolio of cybersecurity, B2B software and health-tech companies — and includes Elron’s 50% interest in Rafael Development Corporation, a JV with Rafael Advanced Defense Systems.

Perimeter Solutions Group Acquires Diamond Iron

November 12, 2024

Building Products

Perimeter Solutions Group (PSG), a portfolio company of Bertram Capital, acquired Diamond Iron, a Phoenix-area commercial fence and gate installer. The deal is an add-on to PSG’s platform to expand its perimeter protection capabilities and geographic footprint in Arizona; terms were not disclosed.

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 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 Equity Invests $280M in Protecht Group

March 25, 2025

Cloud & SaaS

Protecht Group, an Australian leader in governance, risk, and compliance (GRC) software, has received a US$280 million growth equity investment from PSG Equity. The capital will be used to accelerate Protecht's global expansion and to enhance its AI-driven enterprise risk management (ERM) and GRC offerings.