PSG Equity Invests Over €50 Million in Zenchef

Zenchef and CoverManager Form Joint European Restaurant Revenue Management Platform

July 15, 2025

Cloud & SaaS

Zenchef and CoverManager announced a strategic combination to create a leading European restaurant revenue management platform. Zenchef will retain its Paris headquarters and brand, CoverManager will retain its Seville headquarters and brand, and a newly formed holding company will oversee both businesses, with PSG Equity remaining majority shareholder. The transaction is expected to close during Q3 2025; financial terms were not disclosed.

PSG Invests €55M in Sellsy

January 11, 2022

Cloud & SaaS

PSG, a growth equity firm, has committed €55 million to Sellsy to accelerate the company’s growth and scale its cloud CRM and FMS suite for SMEs. Sellsy’s existing management (founders and Co-CEOs) will remain in place as the company targets further expansion across France and 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 Makes €24M Growth Investment in N2F

March 6, 2023

Cloud & SaaS

N2F, a French provider of expense management SaaS, raised a €24 million strategic growth investment from PSG Equity to accelerate its European and international expansion, hire ~200 employees over five years, and develop new products. PSG will provide strategic, operational and financial support to help N2F scale across Europe and North America.

MentorcliQ Secures Over $80M Growth Investment from PSG

March 9, 2023

Cloud & SaaS

MentorcliQ, an employee mentoring software provider headquartered in Columbus, Ohio, received a strategic growth investment of more than $80 million led by growth equity firm PSG, with participation from existing investors Rev1 Ventures and Plymouth Growth. The funding will support product innovation, expansion of Diversity, Equity & Inclusion offerings, and team growth as MentorcliQ scales its enterprise mentoring platform.

PSG Invests $150 Million in Uscreen

February 13, 2025

Cloud & SaaS

PSG has made a $150 million growth equity investment in Uscreen, a video monetization SaaS platform for the creator economy. The capital will be used to accelerate product development — including upgraded mobile and TV apps, advanced marketing and community tools — to support creators' ability to monetize and grow recurring revenue.