DJIA52573.29 509.19
S&P 5007656.98 65.28
NASDAQ26333.04 251.32
Russell 20002903.94 12.99
German DAX25568.56 207.41
FTSE 10010650.44 41.52
CAC 408179.77 63.01
EuroStoxx 506322.25 52.60
Nikkei 22564011.34 -1259.61
Hang Seng24805.63 -148.84
Shanghai Comp3888.11 -46.29
KOSPI6909.91 -124.01
Bloomberg Comm IDX145.03 -1.94
WTI Crude-fut99.61 -4.34
Brent Crude-fut99.99 -4.03
Natural Gas2.82 -0.02
Gasoline-fut3.32 -0.11
Gold-fut4390.00 30.30
Silver-fut65.02 0.94
Platinum-fut1801.60 18.40
Palladium-fut1315.00 23.50
Copper-fut6.56 0.04
Aluminum-spot3195.00 0.00
Coffee-fut284.25 -5.70
Soybeans-fut1299.00 -32.75
Wheat-fut726.25 -15.25
Bitcoin77161.92 331.49
Ethereum USD2516.93 71.59
Litecoin52.99 0.64
Dogecoin0.08 0.00
EUR/USD1.1624 -0.0007
USD/JPY154.21 0.78
GBP/USD1.3536 0.0001
USD/CHF0.8119 0.0023
USD IDX99.09 0.00
US 10-Yr TR4.971 0.027
GER 10-Yr TR3.5168 0.0143
UK 10-Yr TR5.361 0.0136
JAP 10-Yr TR2.988 0.003
Fed Funds3.75 0
SOFR3.62 -0.02
Connect News Money news for every market and every facet, every day.
Connect Money Events Live and virtual events bringing together the best of information and networking.
Financial Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Awards View the A-list of money & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for clear, concise news of maximum importance to the financial services industry.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Topics

Alternative Assets  + Private Equity  |  March 28, 2023
PSG Leads $65M Growth Investment in B2B Software Platform Adeptia
Joe Palmisano
By: Joe Palmisano

PSG Leads $65M Growth Investment in B2B Software Platform Adeptia

PSG, a growth equity firm partnering with software and technology-focused services companies, has led a $65 million strategic growth investment round in Chicago-based Adeptia, a business-to-business (B2B) data integration and business data exchange.

The company also announced the appointments of PSG senior advisor Vance Loiselle as CEO and Paul Moriarity as CRO. Lou Ennuso will remain Head of Strategy and Executive Chairman of the Board of Directors.

“This is an exciting time to join Adeptia, which is helping some of the most sophisticated, data-driven enterprises in the world accelerate revenue and improve efficiency through fully automated B2B integration processes,” said Loiselle.

Founded by Deepak Singh, Adeptia provides B2B integration software for companies and their customers, partners and suppliers, enabling more successful business partnerships. The company serves hundreds of mid- and large-sized companies across financial services, insurance, pharmaceutical, logistics and manufacturing.

“In our view, the Adeptia team has built an incredible business, and now with Vance at the helm, we believe the company is uniquely positioned to own the intersection of AI, self-service and B2B data integration,” added Bill Skarinka, managing director at PSG.

Connect

Inside The Story

AdeptiaPSG

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
Order Reprints