PSA Solutions AS

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PSA Solutions AS - overview

Established

2017

Location

Oslo, -, Norway

Primary Industry

Software

About

PSA Solutions AS specializes in delivering digital transformation solutions for legal and professional services sectors, enhancing operational efficiency and productivity through innovative technology. Founded in 2017 in Oslo, Norway, PSA Solutions AS focuses on providing digital solutions targeted at law firms and corporate legal departments. The firm has successfully completed one notable deal as of April 30, 2025. The company's founder has a background in technology and legal services, although specific details of previous ventures are not available.


PSA Solutions AS offers a comprehensive suite of digital transformation solutions tailored specifically for law firms, corporate legal departments, and professional services organizations across Northern Europe. The company’s core product offerings include iManage, a document and email management platform that supports document creation, collaboration, and management from various devices, with 87% of Europe’s top 100 law firms relying on its technology. Additionally, TIQ Time streamlines time tracking by integrating with tools such as Microsoft Office and Document Management Systems, creating real-time overviews of time spent on various activities. The Custodian cloud platform facilitates seamless data orchestration and integration, enhancing operational efficiency within organizations.


PSA Solutions AS also incorporates Deltek Maconomy, a cloud ERP solution designed to enhance project management and collaboration, empowering legal professionals to optimize workflows. These solutions are available to clients primarily in Northern Europe, including countries such as Norway, Sweden, Finland, and Poland. PSA Solutions AS operates on a revenue model that primarily includes subscription-based services and partnerships with law firms and corporate legal departments. Clients typically engage in multi-year contracts that provide access to the suite of products, including flagship offerings such as iManage and TIQ Time.


Revenue is generated through these subscriptions, which grant users the ability to leverage advanced legal technology solutions that enhance efficiency and productivity. The business transactions between PSA Solutions AS and its clients often involve tailored service agreements that outline specific pricing structures based on the number of users and the suite of services utilized. This enables the company to maintain a steady revenue stream by fostering long-term relationships with its client base, focused on continuous digital transformation and operational improvement. In April 2025, Norvestor acquired a majority stake in PSA Solutions AS, with financial terms undisclosed.


This acquisition aims to drive PSA Solutions AS' growth and expand its presence in existing and new markets. The company plans to launch new products while focusing on geographical expansion into additional regions within Northern Europe. Recent investments will support these initiatives, reinforcing the company's commitment to enhancing its product offerings and market reach.


Current Investors

Primary Industry

Software

Sub Industries

Consulting Services, Legal Software, HR & Workforce Software, Customer Relationship Management, Application Integration Software, Analytics & Performance Software

Website

www.psasolutions.com

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

PSA Solutions AS - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)2,679,49712,733,01222,602,82642,811,81544,949,594---
% Revenue Growth (YoY)-375.2%77.5%89.4%5.0%---
EBITDA (USD)582,3853,320,5407,744,87913,826,62711,516,794---
Operating Income (USD)582,3853,316,2527,717,41913,777,63911,257,630---
Operating Margin21.7%26.0%34.1%32.2%25.0%---
% EBITDA Margin21.7%26.1%34.3%32.3%25.6%---
NET Income (USD)444,0582,456,4245,985,83410,725,1158,780,688---
% Net Margin16.6%19.3%26.5%25.1%19.5%---

PSA Solutions AS - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedPSA Solutions AS-

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