Profile

PSG is a growth equity firm that partners with software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams. Having backed more than 160 companies and facilitated over 530 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, London, Paris, Madrid and Tel Aviv.

Awards

2025 Top Women Leaders, Top Software Investors, Top 40 Under 40 Growth Investors, Top Growth Equity Firms

2024 Top Growth Equity Firms, Top 40 Under 40 Growth Investors, Top Software Investors, Top Women Leaders

2023 Top Growth Equity Firms, Top 40 Under 40 Growth Investors, Top Software Investors, Top Women Leaders

2022 Top Growth Equity Firms, Top 40 Under 40 Growth Investors

2021 Top Growth Equity Firms, Top 40 Under 40 Growth Investors, Top Software Investors

2020 Top Growth Equity Firms, Top 40 Under 40 Growth Investors

Features

PSG named Growth Investment Firm of the Year

PSG was recognized as Growth Investment Firm of the Year at the 2025 NYC Awards Night, highlighting its continued focus on partnering with lower middle-market software companies and driving consistent, long-term growth alongside its portfolio.

Top Software Investors: PSG’s Marco Ferrari and Tom Reardon

GrowthCap’s RJ Lumba spoke with Marco Ferrari and Tom Reardon on October 8, 2025. Marco and Tom are Managing Directors and Co-Heads of North America at PSG, a growth equity firm focused on software and technology-enabled services companies. Marco joined the firm in 2014 and Tom in 2015.

Key People

Mark Hastings, Co-Founder and CEO

Mark Hastings is the co-founder and CEO of PSG, and is based in the Boston office. Previously, he was founder and a managing partner of Garvin Hill Capital Partners. Prior to spinning out of CIBC to form Garvin Hill in 2009, Mark led CIBC’s technology-focused growth equity team in the U.S. Before that, he was a principal and general partner at BCI Partners. Mark started his investment career at Edison Ventures. Mark received a Master of Business Administration from the Wharton School at the University of Pennsylvania and a Bachelor of Arts from Colorado College.

Peter Wilde, Co-Founder and Chairman

Peter Wilde is the co-founder and chairman of PSG. He is a member of all PSG Investment Committees. Peter joined Providence Equity Partners in 2002 and co-ran North America from 2012 to 2020. Peter received a Master of Business Administration from Harvard Business School and a Bachelor of Arts from Colorado College.

Marco Ferrari, Managing Director and Co-Head of North America

Marco Ferrari is a managing director and co-head of North America in the Boston office. Previously, he was a principal at BV Investment Partners and an investment partner at Siemens Venture Capital. Marco received a Master of Business Administration from Harvard Business School and a Bachelor of Arts from Harvard University.

Tom Reardon, Managing Director and Co-Head of North America

Tom Reardon is a managing director and co-head of North America in the Boston office. Previously, he was a general partner at WestView Capital Partners and focused on software and technology-enabled business service investments. Prior to WestView, Tom was a director at CIBC Capital Partners. Before that, he co-founded Revolution Partners as an associate and worked at Robertson Stephens & Co. as an analyst in the software group. Tom received a Master of Business Administration from Harvard Business School and a Bachelor of Arts from Harvard College.

Dany Rammal, Managing Director, Head of Europe

Dany Rammal is a managing director and head of PSG Europe in the London office. Previously, he was a vice president in the media and communications group within investment banking at Morgan Stanley in London, where he worked on a variety of European TMT transactions. Prior to that, Dany worked in Paris as a management consultant with both KPMG Consulting and Diamondcluster International, focusing on the TMT sector. Dany received a Master of Business Administration from INSEAD and a Master of Science in Communications Engineering from L’École Supérieure d’Électricité.

Funds Raised

Since inception, PSG has been committed to its founding strategy focused on helping software companies grow through strategic value creation initiatives in addition to sourcing and facilitating add-on acquisitions. PSG aggregate capital commitments across the U.S and Europe total more than $22 billion. Leveraging this capital, PSG aims to continue supporting their new and returning investors as they continue to scale and partner with a growing number of entrepreneurs and management teams.

Key Investments

Core Sound Imaging: Invested January 2025
Investment Amount: $80M
Sector: Software Enabled Services

Core Sound Imaging has provided specialized solutions for the medical imaging workflow, including image storage, a zero-footprint viewer, and a robust suite of interpretation and structured reporting tools. The company’s flagship solution, the Studycast system, is currently used by hospitals, private practices, clinical research labs, and education programs in 49 US states and 7 countries.

Element451: Invested December 2024
Investment Amount: $175M
Sector: Software Enabled Services

Element451 is an AI-first CRM and student engagement platform designed to simplify and personalize every interaction across the student journey. It adapts to the unique needs of each student, creating tailored communications that drive engagement without adding complexity for staff.

Apaleo: Invested in November 2024
Investment Amount: €20M
Sector: Software Enabled Services

Apaleo’s API-first model offers the freedom to integrate with over 250 specialised applications, enabling accommodation providers to build customised technology stacks according to specific needs. This open platform approach addresses the primary limitation of legacy PMS-centric technology in today’s hospitality sector, eliminating constraints and fostering industry-wide innovation in technology applications.

LogicMonitor: Invested in November 2024
Investment Amount: $800M total
Sector: Software Enabled Services

LogicMonitor has trailblazed in managing, optimizing, and sustaining vital infrastructures that power modern data centers. As the rapid adoption of AI transforms the industry, LogicMonitor is uniquely positioned to meet the moment, providing 100,000 users across 30 countries with predictive analytics and real-time insights into infrastructure health.

Nalanda: Exited in April 2024 to Once for All
Sector: Software Enabled Services

Nalanda is a leading supply chain risk and compliance management software platform in Spain. Its international presence currently extends across ten countries in Europe and Latin America. Its solutions are used by large companies across a variety of engineering-related sectors including construction and facilities management. With a network of over 1,000 contractors and 45,000 sub-contractors as of December 2023, Nalanda has one of the largest digital communities of suppliers globally.

The portfolio companies reflected above may not be representative of all PSG portfolio companies. For a complete list of PSG portfolio companies, please visit https://psgequity.com/portfolio.

Capital Responsibility

Responsible investment and stewardship are important tenets of PSG’s investment philosophy. PSG believes in backing businesses that are led by innovative management teams and providing them with institutional infrastructure to scale and build sustainable competitive advantages.

PSG’s ESG Policy establishes a formal framework for how they seek to integrate ESG considerations in their firm-level operations and outlines their governance structure to promote accountability of their integration of ESG factors.

PSG aims to provide hands on support to their portfolio companies as they continue to enhance their ESG-related initiatives to better manage risk, improve operational efficiencies and enhance competitiveness.