Providence Strategic Growth completed the acquisition of a majority stake in Assembly.

Providence Strategic Growth, an equity investment firm, completed the acquisition of a majority stake in Assembly, which focuses on acquiring and building industry-leading software and services that empower e-commerce merchants. Financial terms were not disclosed. “Merchants need more technology than ever to grow, and Assembly has built an impressive company that is well-positioned to address this challenge. We are excited to partner with Sandeep and his talented team to help grow and drive their vision forward. Assembly’s acquisition of Helium 10 is representative of the attractive growth opportunities we expect to achieve with our partnership,” Matthew Stone, PSG Principal.