PSG Equity, a prominent growth equity firm recognized for empowering software companies, has successfully completed the final round of fundraising for its second Europe-centered fund, PSG Europe II, amassing commitments surpassing €2.6 billion.
This new fund notably eclipses its forerunner, PSG Europe I, by a considerable margin, indicating strong investor confidence.
Investor Confidence Soars with New Contributions
The fund’s impressive closing figure reflects the confidence of a diverse range of global investors, including state pensions and sovereign wealth funds, affirming the allure of the European software market. The robust demand underscores the fund’s appeal, which has significantly outperformed its initial target.
Leadership Vision: Crafting Growth Pathways
Peter Wilde, the Chairman of PSG Equity, remarked on the successful fundraising, “The strong demand from a high-caliber and diversified group of investors globally demonstrates the attractiveness of Europe’s software market as well as the strength of the PSG platform and our investment approach, both in Europe and North America.”
PSG Europe II: A New Benchmark in Growth Equity
This latest achievement by PSG sets a new benchmark for growth equity funds focused on the European market, suggesting a promising future for software companies seeking transformative growth and capitalization opportunities