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PSG Equity Buys Majority Stake in Belgian CPM Firm

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Bright Analytics, a corporate performance‑management software provider, reports a majority growth investment from PSG Equity that will fund expansion into France and deepen its presence in the Netherlands and the Nordics. The deal follows the firm’s 1,300‑customer base across Belgium, the Netherlands, the Nordics and France. PSG Equity will take a controlling position while existing minority investors Smartfin and Coformaco, along with the founders, stay on board.

Bright Analytics plans to broaden its AI‑enabled product suite, adding monthly financial close and new FP&A tools to its core offerings. The investment signals confidence in the company’s ability to scale its platform across key European markets and to capitalize on the growing demand for data‑driven financial management solutions.

For investors, the transaction offers exposure to a niche software player with a solid customer portfolio and a clear roadmap for geographic and product expansion. The move also positions Bright Analytics to compete with larger incumbents in the CPM space by leveraging advanced analytics and automation.

Business leaders in the finance tech sector may view the deal as a benchmark for how mid‑size CPM vendors can secure capital while preserving founder influence, potentially prompting similar funding rounds in the region.