PSG Completes Sale of Versatile Credit to Synchrony

Core Insights - PSG has completed the sale of Versatile Credit, a consumer-financing software provider, to Synchrony [1] - The transaction involves connecting merchants, lenders, and consumers through point-of-sale solutions [1] - Versatile Credit serves retailers and healthcare providers [1] Company Overview - PSG is a leading growth equity firm specializing in software and technology-enabled services [1] - Versatile Credit focuses on consumer financing solutions [1] Transaction Details - The terms of the transaction were not disclosed [1] - The acquisition enhances Synchrony's capabilities in consumer financing [1]