PSG invests in XBE

● GROWTH | CONSTRUCTION/AEC · Materials & Heavy Civil

AUGUST 20, 2026

PSG Equity invests in XBE (Banneker)

TARGET

Operations management SaaS platform for horizontal construction contractors covering materials, logistics, and construction management for asphalt, concrete, aggregate, and site work operators.

Ownership	PE-backed · Banneker Partners (prior owner); Banneker Partners
Headcount	85 FTEs
Headquarters	Kansas City, Missouri
Leadership	Sean Devine, Founder & CEO
Sell-side advisor	Piper Sandler

INVESTOR

PSG Equity

Growth equity firm partnering with software and technology-enabled services companies to accelerate transformational growth

Headquarters	Boston, Massachusetts
Deal team	Bill Skarinka, Managing Director Evan Ocko, Principal
Buy-side advisor	—

Share deal Copy details View press release ↗

PSG -> XBE  (2026-09-18)
growth_investment | Construction/AEC | announced
Target: Operations management SaaS platform for horizontal construction contractors covering materials, logistics, and construction management for asphalt, concrete, aggregate, and site work operators.
Website: x-b-e.com | Buyer site: psgequity.com
HQ: Kansas City, Missouri | Ownership: pe-backed | Seller: Banneker Partners
Advisors - Sell-side: Piper Sandler
Source: Thematic - https://thematichq.com/software/d/psg-xbe.html

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