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New Deal


Announced

Completed

PSG Equity completed an investment in Packback.

Financials

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Transaction Value-
Consideration TypeCash
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Tags

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United States

AI-enabled writing

AI platform

Digital Services

Acquisition

Minority

Private

Private Equity

Domestic

Completed

Friendly

Single Bidder

e-learning platform

Synopsis

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PSG Equity, a private equity firm, completed an investment in Packback, an AI-enabled writing and discussion platform. Financial terms were not disclosed. “We are all incredibly excited to partner with PSG as we strive to advance our shared goal of getting more feedback to all students earlier in the learning process. We’re grateful to have found a partner with a shared passion for education and deep empathy for the experience of the educators we support," Kelsey Behringer, Packback CEO.

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