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Providence Strategic Growth closes third fund
Other - JUNE 21, 2018

Providence Strategic Growth closes third fund

by Released

Providence Strategic Growth Capital Partners, an affiliate of global private equity and credit investment firm Providence Equity Partners, has closed its third fund with $1.3 billion of equity commitments.

PSG Fund III, which closed at its hard cap and was oversubscribed, received commitments from existing and new investors, including state pension funds, family offices and high-net-worth individuals. To date, PSG Fund III has made seven investments: EverCommerce, Formstack, Government Brands, Jobcase, Patron Technology, Property Brands and Arcoro. PSG Fund III will continue the firm’s focus on partnering with founders to build companies of scale in the software industry. 

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