Debevoise & Plimpton LLP has advised PSG in the formation of its first European-focused fund, PSG Europe, a €1.25 billion fund that will mirror the firm’s existing buy and build strategy in the U.S., which partners with lower middle-market software and technology-enabled service companies. The final close of PSG Europe brings PSG’s aggregate capital commitments across Europe and the U.S. to more than $5 billion. For more information, please see PSG’s press release.

The Debevoise team was led by partner Alisa Waxman and included partner Andrew Ahern, associates Bari Steinberg and Michael Stephan, law clerk Matthew Sacco and corporate staff attorney Jeremy Cantor. Partner Rafael Kariyev and associates Lena Smith and Elliott Tuchman advised on tax matters.