.
MergerLinks Header Logo

New Deal


Announced

Completed

PSG completed the investment in Searchspring.

Financials

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

Tags

Edit

Private Equity

Private

Friendly

Acquisition

Completed

Minority

United States

Domestic

search software

Online and Social Platforms

Software

Single Bidder

Synopsis

Edit

PSG, an investment firm, completed the investment in Searchspring, a developer of AI-powered search software and navigation products. Financial terms were not disclosed. “Our growth and momentum these past few years speak to the value of our solutions as we support ecommerce merchants to drive the ultimate shopper experience. We are grateful for our employees, customers, and partners who make it possible for us to support the market so well. Not only does PSG recognize what we have accomplished, but they also share our vision for the future of ecommerce," Peter Messana, Searchspring CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US