PSG Equity makes strategic investment in CHR Group

What's the deal? PSG Equity, a growth equity firm focused on software and technology-enabled services, has made a strategic investment in CHR GroupDealroom has a profile for this one. Try Dealroom →, a European leader in digital food safety, compliance, and foodservice management software. Existing investor VertoDealroom has a profile for this one. Try Dealroom → will remain a backer of the business.

Latham & Watkins advised PSG Equity on the deal. The legal team was led by Paris corporate partner Simon Lange.

The signal: Dealroom describes CHR Group as a "digital ordering and management suite for hospitality," underscoring that the company's reach extends beyond compliance into day-to-day foodservice operations — a broader wedge that makes it stickier with customers. PSG Equity's investment fits its well-established playbook of backing vertical software platforms in fragmented, regulation-heavy markets, and Verto's decision to stay on as a backer suggests confidence that further consolidation or geographic expansion lies ahead.

Read more: legaldesire.com