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New Deal


Announced

Completed

PSG completed the investment in Rodeo.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

United States

communication software

Completed

Private

Acquisition

Software

Minority

Single Bidder

project management software

Domestic

Friendly

Synopsis

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Providence Strategic Growth, an investment firm, completed the investment in Rodeo, a cloud-native project management software provider. Financial terms were not disclosed. “We are delighted to be partnering with Pieter and the team at Rodeo as we look to build on the company’s position as a market leader in project management software for the creative services vertical. We believe that Rodeo is well-positioned to benefit from the growing adoption of project management software tools and has the potential to become the leading cloud software champion for the creative services sector," Christian Stein, PSG Managing Director.

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