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XBE secures PSG growth investment; Banneker Partners retains stake
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XBE secures PSG growth investment; Banneker Partners retains stake
  • PSG made a growth investment in XBE, a software platform for heavy materials, logistics, and construction operations.
  • Banneker Partners will retain a significant ownership stake; founder and CEO Sean Devine will continue to lead XBE.
  • Deal aims to accelerate product development and scale XBE’s customer community; strategy remains focused on integrating physical, commercial, financial workflows.
  • XBE expanded its footprint since Banneker’s 2024 investment, including acquisitions of BCMI and Gauge.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banneker Partners LLC published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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