PSG, a growth equity firm, completed a $175m investment in Hostaway, a rental software and management system. “We are thrilled to partner with PSG, as we continue to elevate the vacation rental industry and unlock value for property managers beyond what had been thought possible. We have operated with incredible speed and efficiency, balancing growth with our current strong profitability, and this investment represents a significant milestone in our journey toward global market leadership. We’ve come a long way, but we are just getting started. The opportunities are endless!" Marcus Rader, Hostaway CEO and Co-Founder.