Providence Strategic Growth Acquires Majority Stake in Sympa

PSG Equity Makes Growth Investment in Javelo

May 16, 2022

Cloud & SaaS

PSG Equity has made a growth equity investment in Javelo, a Paris-based performance management SaaS provider. Javelo will join PSG-backed Sympa and Recruitee to strengthen a combined HR technology platform across recruitment, core HR and performance management; financial terms were not disclosed.

PSG Announces Strategic Investment in Sign In App

September 14, 2021

Cloud & SaaS

PSG, a growth equity firm, has made a strategic growth investment in Sign In App to accelerate the company's North American expansion and support product innovation. PSG advisors and investment professionals will join Sign In App's board; financial terms were not disclosed.

Providence Strategic Growth Invests in Wagepoint

September 9, 2020

Cloud & SaaS

Wagepoint has completed a majority recapitalization and strategic growth investment led by funds advised by Providence Strategic Growth (PSG), receiving more than $10 million of new capital. The investment will fund product innovation, scale go-to-market and customer support, and enable Wagepoint to pursue strategic acquisitions as it serves over 12,000 small-business customers across North America.

Providence Strategic Growth and Workday Ventures Acquire Majority Stake in Jobcase

July 9, 2020

Software

Providence Strategic Growth (PSG) has acquired a majority stake in Jobcase, Inc., with Workday Ventures participating as a strategic investment partner and existing investor Savano Capital Partners remaining as a controlling investor alongside PSG. The investment includes $30 million of primary capital to accelerate Jobcase's product development, member services, and employer partnerships, and results in the exit of long-time shareholder Link Ventures.

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 MAPAL Software

September 9, 2019

Cloud & SaaS

Providence Strategic Growth (PSG), the growth equity affiliate of Providence Equity Partners, has completed a growth investment in MAPAL Software, a Madrid-based developer of restaurant management and business analytics software. The capital will support MAPAL's international expansion across Europe, Latin America and the U.S. while the existing management team, led by founder Jorge Lurueña, remains in place.