PSA Solutions AS
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
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
Norvestor
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 Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 2,679,497 | 12,733,012 | 22,602,826 | 42,811,815 | 44,949,594 | - | - | - |
| % Revenue Growth (YoY) | - | 375.2% | 77.5% | 89.4% | 5.0% | - | - | - |
| EBITDA (USD) | 582,385 | 3,320,540 | 7,744,879 | 13,826,627 | 11,516,794 | - | - | - |
| Operating Income (USD) | 582,385 | 3,316,252 | 7,717,419 | 13,777,639 | 11,257,630 | - | - | - |
| Operating Margin | 21.7% | 26.0% | 34.1% | 32.2% | 25.0% | - | - | - |
| % EBITDA Margin | 21.7% | 26.1% | 34.3% | 32.3% | 25.6% | - | - | - |
| NET Income (USD) | 444,058 | 2,456,424 | 5,985,834 | 10,725,115 | 8,780,688 | - | - | - |
| % Net Margin | 16.6% | 19.3% | 26.5% | 25.1% | 19.5% | - | - | - |
PSA Solutions AS - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | PSA Solutions AS | - |
Displaying 1 - 1 of 1

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.