Investment Summary

PSG Invests In Backlight

On April 12, 2022, growth capital firm PSG invested in internet software and services company Backlight

Investment Highlights
  • This is PSG’s 33rd transaction in the Internet Software and Services sector.
  • This is PSG’s 63rd transaction in the United States.
  • This is PSG’s 6th transaction in Massachusetts.

Investment Summary

Date 2022-04-12
Target Backlight
Sector Internet Software and Services
Investor(s) PSG
Deal Type Growth Capital

Target

Backlight

Lexington, Massachusetts, United States
Backlight is a media technology company that improves video content ideation, production, post-production, and distribution. Backlight was founded in 2021 and is based in Lexington, Massachusetts.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

PSG

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2014
PE ASSETS 14.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

PSG is a growth equity investment firm focused on the software sector. The Firm looks to partner with software and technology-enabled service companies to capitalize on opportunities and accelerate growth. PSG looks to leverage its network and best practice knowledge developed from its history of investing, to implement and execute strategies on guiding companies to the next level. PSG was established in 2014 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 88 of 130
Sector: Internet Software and Services M&A 33 of 50
Type: Growth Capital M&A Deals 41 of 74
State: Massachusetts M&A 6 of 11
Country: United States M&A 63 of 91
Year: 2022 M&A 11 of 26
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-05 vHive

Herzliya, Israel

vHive is a software solution that enables enterprises to deploy autonomous drone hives to create Digital Twins of their assets. vHive is based in Herzliya, Israel.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-21 Clearer.io

Boston, Massachusetts, United States

Clearer.io is a software platform for e-commerce merchants that brings software applications to drive merchant growth. Its product suite consists of more than 25 point solutions used by over 100,000 merchants on platforms such as Shopify, WooCommerce, and BigCommerce. Clearer.io was founded in 2021 and is based in Boston, Massachusetts.

Buy -