PSG Acquires Majority Stake in Nalanda Global
Summary
Founded in 2000 by leading Spanish construction companies FCC, Ferrovial, SICE and Acciona, Nalanda’s international presence currently extends across ten countries including Europe, North and South America. With this investment, PSG will look to drive Nalanda’s growth organically, as well as through strategic M&A activity to support the company’s expansion into new industry verticals and geographies, capitalizing on the fragmented supplier management software market. “Nalanda is a leading digital automation solution operating with a significant addressable market across multiple large sectors,” said Dany Rammal, Managing Director and Head of the PSG Europe team. Having backed more than 65 companies and facilitated over 275 add-on acquisitions, PSG brings extensive investment experience, deep expertise in software and technology, and a firm commitment to collaborating with management teams. https://www.psgequity.com/ Nalanda is a leader in document management for business activity coordination, supplier’s validation, compliance, time & access control and electronic invoicing in Spain.