PSG Equity Makes Strategic Growth Investment in plentysystems AG (PlentyONE)

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 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 in QualityHosting

October 29, 2025

Cloud & SaaS

PSG Equity has made a strategic growth investment in QualityHosting, a Microsoft Cloud Solution Provider and managed services provider headquartered in Gelnhausen, Germany. The partnership will support QualityHosting's organic and inorganic growth, broaden its Microsoft-focused product suite and deepen its AI and managed services capabilities for SMB customers across Europe.

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.

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.