PSG Equity invests in PlentyONE to boost global reach

PSG Equity has announced a strategic investment into PlentyONE, a cloud-based e-commerce ERP platform.

PlentyONE, established in 2006 in Germany, provides an all-in-one solution for brands and retailers, enabling access to 150 global marketplaces, including Amazon, Zalando, and eBay. The aim is to assist in scaling and optimising digital sales strategies. The new partnership with PSG Equity will aid PlentyONE in expanding its presence across the DACH region and other international markets.

The collaboration is also expected to accelerate strategic investments intended to enhance the company's product and services portfolio. Through this partnership, PlentyONE intends to continue offering comprehensive e-commerce solutions, exploring new international market opportunities, and further establishing itself as a reliable partner for brands and retailers seeking to professionalise and expand their e-commerce operations.

Jan Griesel, CEO and founder of plentysystems AG, expressed his enthusiasm for the partnership. He remarked, "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, also commented on the investment, saying, "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."

The partnership between PSG Equity and PlentyONE underscores a shared commitment to advancing e-commerce capabilities, with plans to expand PlentyONE's reach and enhance its offerings for brands and retailers worldwide.