Singlewire Software package Announces Strategic Financial commitment from PSG

MADISON, Wis.–(Organization WIRE)–Singlewire Software package (“Singlewire”), a primary company of mass notification software for safety, unexpected emergency and workflow communications, now introduced a strategic expenditure from resources recommended by PSG, a leading progress fairness agency partnering with middle-market place computer software and technological know-how-enabled services businesses. PSG’s Tom Reardon, Running Director, and Chris Andrews, Principal, have joined Singlewire’s Board of Directors, as has Barry Allen, Operating Lover and previous CEO of Wisconsin Bell.

Singlewire has developed promptly since its founding in 2009 and at the moment serves around 7,000 customers globally across healthcare, education and learning, manufacturing, retail, firms and govt entities. The company’s InformaCast product or service is a single of the most complete mass notification platforms accessible and is extremely differentiated in terms of the pace and arrive at at which it delivers essential info, relieve of use and ability to seamlessly combine with top IT devices.

“Whether workforces return to places of work or continue being dispersed in the wake of COVID-19, the potential to notify workforce of security-similar issues will go on to stay a leading priority for companies globally, and we are happy to supply significant application to make this feasible,” claimed Paul Shain, President and CEO of Singlewire. “We are enthusiastic to partner with PSG as we go on to innovate and increase our choices to meet the demands of the dynamic industries and corporations we serve.”

“With the worldwide mass notification units marketplace projected to expand to $27.3 billion by 2026, Singlewire has a great opportunity to scale its modern platform to safeguard extra lives,” stated Tom Reardon, Handling Director at PSG. “Singlewire’s amazing remedy is a very clear result of their potent management group and we are thrilled to have the prospect to lover with them as they go on to grow.”

Fiscal phrases ended up not disclosed.

Lazard Center Sector acted as economical advisor and Michael Ideal served as lawful advisor to Singlewire Program. Weil, Gotshal & Manges LLP served as authorized advisor to PSG.

About Singlewire Application

Singlewire Computer software, dependent in Madison, Wis., is the developer of InformaCast, a top provider for rapidly and reputable crisis notifications. More than 7,000 organizations in around 85 nations use InformaCast for emergency mass notifications. Regardless of whether it’s an energetic shooter, serious temperature, or yet another crisis predicament, InformaCast allows arrive at the right individuals, with the appropriate details, to improve recognition, basic safety and stability. To discover a lot more, stop by www.singlewire.com/informacast.

About PSG

PSG is a growth fairness organization that associates with middle-market software program and technologies-enabled companies organizations to help them navigate transformational expansion, capitalize on strategic alternatives and build solid teams. Getting backed much more than 65 organizations and facilitated about 275 incorporate-on acquisitions, PSG provides comprehensive financial investment knowledge, deep knowledge in application and technological innovation, and a agency dedication to collaborating with administration groups. Founded in 2014, PSG operates out of offices in Boston, Kansas Town and London. To find out extra about PSG, check out https://www.psgequity.com/.