PSG named to GrowthCap’s “Top 25 Growth Equity Firms of 2020.”
“At PSG, we take great pride in our culture and aim to partner with companies who also have strong cultures. We encourage the entrepreneurs and management teams we partner with to never let financial goals eclipse their mission and core values, as we firmly believe that this foundation is what successful businesses are built upon. To put it simply, we truly enjoy working alongside one another within PSG and our portfolio, and I firmly believe that has been a significant contributing factor to the success we’ve achieved together over the years. I’m incredibly proud of the PSG team and the exceptional entrepreneurs that we have the honor of partnering with – they deliver true talent, collaboration and hard work.” – Mark Hastings, CEO of PSG.
Below is GrowthCap’s press release announcing the award:
GrowthCap is pleased to announce The Top 25 Growth Equity Firms of 2020. Greatness in growth equity investing is defined by much more than a firm’s ability to produce strong financial returns. In fact, solid returns are table stakes for being in the game. From a bird’s eye perspective, hundreds of growth equity firms are founded and exist on the premise of deploying and harvesting capital with limited focus on how they actually help companies build real value. There are, however, a select segment who think deeply about what they are trying to accomplish, how they are going to get there and with whom. These are the firms that deserve special recognition – these are the firms who earned a spot on GrowthCap’s Top 25 Growth Equity Firms of 2020 awards list.
As Steve Jobs once said, “The minute that you understand that you can poke life and actually something will, you know if you push in, something will pop out the other side, that you can change it, you can mold it. That’s maybe the most important thing. It’s to shake off this erroneous notion that life is there and you’re just gonna live in it, versus embrace it, change it, improve it, make your mark upon it.”
Over 350 firms were considered for this year’s awards process. Ultimately, awardees were selected based on a thorough evaluation of the nominations received. We focused on the uniqueness of each firm’s approach to growth equity investing as well as how effective and consistent they were in building value for their portfolio companies. The best firms were able to consistently produce exceptional results by having institutionalized strong firm cultures, systems and processes defined by a steadfast commitment to excellence.
Please join us in recognizing and celebrating the sustained outstanding performance of the following firms: TPG, Blackstone Growth, Summit Partners, General Atlantic, Insight Partners, TA Associates, TCV, Silversmith Capital Partners, IVP, Spectrum Equity, FTV Capital, Volition Capital, Turn/River, PSG, Kayne Partners, Susquehanna Growth Equity, Norwest, Updata Partners, Catalyst Investors, and others.
View the full article at http://www.growthcapadvisory.com. For further details about the methodologies used in determining these awards, please click here.
GrowthCap Top 25 Growth Equity Firms of 2020 Award (awarded on February 16, 2021). Recognition in the Top 25 Growth Equity Firms of 2020 list is awarded by GrowthCap, LLC (“GrowthCap”), an independent, third party that is not affiliated with PSG. According to GrowthCap, awardees were independently selected based on GrowthCap’s evaluation of the 350 nominations they received. GrowthCap states that they analyzed the uniqueness of each nominee’s approach to growth equity investing as well as the nominee’s ability to effectively and consistently build value for their portfolio companies. GrowthCap’s recognition is not indicative of PSG’s future performance and was not based on the evaluations of clients or investors of PSG. PSG applied to receive the award with assistance from Prosek LLC. PSG paid a fee to participate in and distribute the Top 25 Growth Equity Firms of 2020 list. Nominees were not required to be members of GrowthCap to be considered.