Announced
Completed
Financials
Tags
Private Equity
Private
Friendly
Acquisition
Completed
Minority
United States
Domestic
search software
Online and Social Platforms
Software
Single Bidder
Synopsis
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.
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