PSG completed the investment in Verity IQ and Campus Ivy.

PSG, a private equity company investing in lower middle market technology-enabled service companies primarily in North America, completed the investment in Verity IQ, a provider of IT services and IT consulting, and Campus Ivy, a provider of financial aid solutions. Fianncial terms were not disclosed. “PSG has a deep conviction in the potential for innovative technologies to transform education, and we have been actively investing in edtech for many years. We’ve closely monitored the increasing demand for trade and vocational schools, as well as community colleges, driven by the shortage of skilled vocational workers and the rising costs of higher education, among other tailwinds,” Marco Ferrari, PSG Managing Director.