Investment Summary |
|
|---|---|
| Date | 2015-09-09 |
| Target | RELEX Solutions |
| Sector | Software |
| Investor(s) |
Summit Partners
TCV |
| Deal Type | Growth Capital |
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| Category | Growth Capital Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 39.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 279 of 382 |
| Sector (Software) | 53 of 68 |
| Type (Growth Capital) | 161 of 215 |
| Country (Finland) | 1 of 1 |
| Year (2015) | 8 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-17 |
Fortra
Eden Prairie, Minnesota, United States Fortra provides security, systems and network management, automation, business intelligence and compliance solutions. The Company’s software and services monitor and automate processes, encrypt and secure data, and provide access to the information that large organizations need every day. Fortra was founded in 1982 and is based in Eden Prairie, Minnesota. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-07 |
TSheets.com
Eagle, Idaho, United States TSheets.com LLC is a platform for small and medium businesses, self-employed, and accountants use to automate time tracking and scheduling for them and their workers. TSheets.com LLC was established in 2006 and is based in Eagle, Idaho. |
Buy | - |
Technology Crossover Ventures (TCV) is a private equity and venture capital firm focused on investments in growth technology companies. TCV looks to provide capital for growth, recapitalizations, acquisitions, and buyouts of technology companies in sectors such as internet, financial technology, infrastructure & communications, and software. TCV targets opportunities in North America and looks to commit between $30 and $300 million of equity capital per transaction. TCV was formed in 1995 and is based in Palo Alto, New York City, and London.
| DEAL STATS | # |
|---|---|
| Overall | 68 of 81 |
| Sector (Software) | 19 of 23 |
| Type (Growth Capital) | 18 of 23 |
| Country (Finland) | 1 of 1 |
| Year (2015) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-05 |
iPipeline
Exton, Pennsylvania, United States iPipeline is a provider of cloud-based software solutions for the life insurance and financial services industries. Through its SSG Digital, end-to-end platform, iPipeline accelerates and simplifies sales, compliance, operations, and support. iPipeline provides process automation and seamless integration between every participant in its ecosystem including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and consumers on a global basis. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-01 |
AutoWeb
Irvine, California, United States AutoWeb is an Internet automotive destination site for purchasing new and used vehicles and obtaining auto-related information and services. AutoWeb was founded in 2013 and is based in Irvine, California. |
Sell | - |
