PlentyONE Announces Strategic Investment from PSG

PlentyONE, founded in 2006 in Germany, is a leading cloud-based e-commerce ERP platform that seamlessly connects brands and retailers with over 150 marketplaces worldwide. The company combines innovative technology with personalised service and an extensive partner ecosystem to help drive sustainable e-commerce success.

The partnership with PSG will help PlentyONE to further increase its presence across the DACH region and beyond, in addition to accelerating strategic investments to enhance its product and services portfolio. Together with PSG, PlentyONE plans to continue delivering innovative e-commerce solutions, explore new international market opportunities and solidify its position as a trusted partner for brands and retailers looking to professionalise their e-commerce operations and broaden their digital marketplaces footprint.

Jan Griesel, CEO and founder of plentysystems AG, said:
“Eighteen years ago, I founded PlentyONE with the vision of building a comprehensive e-commerce solution. Today, I am excited to announce that PSG is joining us as a strong strategic partner. PSG brings valuable sector expertise and an extensive network to support us in further strengthening our market position and achieving international growth. As CEO and shareholder, I remain committed to advancing our vision in collaboration with PSG and our exceptional team.”

Christian Stein, Managing Director at PSG Equity, said:
“Jan and his team have built an impressive software platform that offers customers a wide range of functionality across the e-commerce value chain. We were attracted to PlentyONE by its strong recognition in the market, supported by the differentiated and comprehensive product suite they have developed. We’re excited to partner with Jan and combine our experience building pan-European software champions with PlentyONE to further reinforce its position as a market leader in DACH and accelerate growth internationally.”

About PSG Equity
PSG is a growth equity firm that partners with software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams. Having backed over 140 companies and facilitated over 500 add-on acquisitions, PSG brings extensive investment experience, deep expertise in software and technology, and a firm commitment to collaborating with management teams. Founded in 2014, PSG operates out of offices in Boston, Kansas City, London, Madrid, Paris and Tel-Aviv. For more information, visit www.psgequity.com.