PSG Leads Strategic Growth Investment in Kenect
April 20, 2021
Funds advised by PSG have made a strategic growth investment in Kenect, a Lehi, Utah-based provider of cloud-based two-way text messaging and customer communications technology. The capital will be used to fund product innovation, scale go-to-market and customer support, and pursue strategic acquisitions; financial terms were not disclosed.
- Buyers
- PSG
- Targets
- Kenect, LLC
- Industry
- Cloud & SaaS
- Location
- Utah, United States
- Transaction Type
- Growth capital
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