PSG Named to Inc.’s 2021 List of Founder-Friendly Investors
PSG recognized for its commitment to serving as a partner to founders of software and technology-enabled services companies
Boston, MA – PSG, a leading growth equity firm partnering with middle-market software and technology-enabled services companies, today announced that it was named to Inc.’s 2021 List of Founder-Friendly Investors.
The list honors a select number of private equity and venture capital firms which have experience successfully backing founder-led businesses. Through conversations with founders of some of PSG’s portfolio companies, Inc. identified PSG as a firm that entrepreneurs can trust and collaborate with while receiving the financial support they need to help accelerate growth.
“A primary focus at PSG has and will always be serving as a partner to the founders and management teams across our portfolio,” said Mark Hastings, Co-Founder and CEO of PSG. “We’re grateful to have the opportunity to work alongside hardworking, bootstrapped entrepreneurs every day who share our view that maintaining a strong company culture is critical to success.”
Through its founding ‘buy and build’ strategy, PSG is focused on helping middle-market software companies grow through strategic value creation initiatives in addition to sourcing and facilitating add-on acquisitions. The firm has backed more than 85 companies and facilitated over 325 add-on acquisitions.
“At PSG, we’re firm believers in building strong relationships with the companies we partner with and taking a ‘pull, not push’ approach to working with them,” said Peter Wilde, Co-Founder and Chairman of PSG. “We don’t tell entrepreneurs how to run the businesses they built, but we’re always available to extend our firm’s collective experience, expertise and network to support their growth.”
PSG recently closed PSG V, its fifth U.S. flagship fund, at $4.5 billion, bringing the firm’s total capital commitments to over $10 billion. Earlier this year, the firm closed its debut European fund, PSG Europe, at €1.25 billion.
For further details about the methodologies used in determining these awards, please click here.
About PSG
PSG is a growth equity firm that partners with middle-market software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams. Having backed more than 85 companies and facilitated over 325 add-on acquisitions, PSG brings extensive investment experience, deep expertise in software and technology and a firm commitment to collaborating with management teams. Founded in 2014, PSG operates out of offices in Boston, Kansas City and London. To learn more about PSG, visit www.psgequity.com.
About the Founder Friendly Awards
Introduced in 2019, the Founder-Friendly Private Equity Firms list quickly established itself as one of Inc.’s most resourceful franchises. It has become a go-to guide for entrepreneurs who want to grow their companies while retaining an ownership stake.
View the full article at https://www.inc.com/founder-friendly-investors/2021.
Inc.’s 2021 List of Founder-Friendly Investors Award (awarded on October 5, 2021). The 2021 List of Founder-Friendly Investors recognition is awarded by Inc., an independent, third party that is not affiliated with PSG. Inc. requested nominees provide them with no more than 5 entrepreneur references from U.S.-based, founder-led, portfolio companies that PSG sponsored investment vehicles had exited between January 1, 2016, and March 31, 2021, and Inc. independently assessed the nominees based on responses to a questionnaire by such entrepreneur references. The number of nominees reviewed for this recognition was not disclosed to PSG, and therefore, it and the percentage of nominees receiving the recognition, cannot be disclosed herein. Inc.’s recognition is not indicative of PSG’s future performance and was not based on the evaluations of clients or investors of PSG. PSG paid an application fee to participate in this process. Nominees were not required to be subscribers to Inc. media to be considered.