Announced
Completed
Synopsis
Norwest, a growth equity and venture capital investment firm, completed an investment in PSD Citywide, a provider of enterprise asset management, maintenance, financial, GIS, and permitting software solutions, along with advisory services. Financial terms were not disclosed. "What began as an industry publication has evolved into the most scalable, secure and purpose-built solution helping hundreds of municipalities manage their physical assets and provide a better citizen experience. We welcome Norwest's deep expertise in government technology and their proven ability to partner with founder-led companies as we prepare for rapid expansion across the U.S. and Canada," Matt Dawe, PSD Citywide Founder and CEO.
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