PSG Equity buys majority of Belgian fintech BrightAnalytics in €280M deal

What's the deal? US venture capital firm PSG Equity is acquiring a majority stake in BrightAnalyticsDealroom has a profile for this one. Try Dealroom →, a fintech company based in West Flanders, Belgium. According to reporting by De Tijd, the deal values the business at €280 million.

What does BrightAnalytics do? The company builds financial analytics software. It has grown quickly and quietly, according to De Tijd.

The signal: The transaction underscores continued US investor appetite for European fintech, with American capital taking control of a fast-growing Belgian software player.

Read more: tijd.be

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