Sumeru Equity Partners Mergers and Acquisitions Summary

Private Equity Profile

In the last 3 years, Sumeru Equity Partners has acquired 4 companies. It has also invested in 4 others.

Sumeru Equity Partners’ most common sectors for investment are internet software and services (59%) and software (30%). The Firm’s most common investment types include growth capital (48%) and going private (12%). In total, Sumeru Equity Partners has invested in 8 US states and 4 different countries. Its largest (disclosed) acquisition occurred in 2011 when it acquired Smart Modular Technologies for $645M.

In the last 3 years, Sumeru Equity Partners has exited 5 companies. The Firm’s most common exit type is merger (40%). Sumeru Equity Partners’ largest (disclosed) exit occurred in 2019 when it sold Kyriba for $1.2B.

Join Mergr to view Sumeru Equity Partners’ full profile and discover more small private equity firms just like it.

M&A Summary

  • M&A Total Activity22
    • M&A Buy Activity17
    • M&A Sell Activity5
  • Total Sectors Invested 3
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 13
  • M&A Advisors 3

Sumeru Equity Partners, Inc.

2020 Pioneer Court,
San Mateo, California 94403
United States
(650) 522-3300
www.sumeruequity.com
contact@sumeruequity.com

Sumeru Equity Partners, Inc. is a technology-focused private equity firm that makes investments in mid-market software, technology enabled services, and hardware companies with a focus on growth. Sumeru Equity Partners typically invests between $25 and $200 million in companies with revenues greater than $10 million. Sumeru Equity Partners was formed in 2014 and is based in Foster City, California.


Investment Criteria

Sectors of Interest: Information Technology, Internet Software and Services, Software, Technology Hardware

Target Transaction Types: Buyout (LBO, MBO, MBI), Going Private, Growth Capital, PIPE, Venture, Merger

Geographic Preferences: East US, Midwest US, South US, West US, United Kingdom, Scandinavia, Latin/South America

Transaction Criteria Min Max
Target Revenue 10 -
Target EBITDA - -
Investment Size 25 200
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (2.0/yr) # 7 2 2 3 2 1 17
vol $939M $939M
Sell (1.0/yr) # - - 2 - 3 - 5
vol $1.2B $1.2B
  22

Most Recent M&A

Company Date Value Type
SocialChorus, Inc. 2020-07-15 - Secondary Buyout
San Francisco, California · www.socialchorus.com
Market Data Services Ltd. 2019-11-19 - Merger
Tunbridge Wells, United Kingdom · www.mdsl.com
Calero Software LLC 2019-11-19 - Recapitalization
Rochester, New York · www.calero.com
Buildium LLC 2019-11-06 - Add-on Acquisition
Boston, Massachusetts · www.buildium.com
3Gtms, Inc. 2019-04-17 - Growth Capital
Shelton, Connecticut · www.3gtms.com
Kyriba Corp. 2019-03-28 1.2B USD Secondary Buyout
San Diego, California · www.kyriba.com
GoGuardian 2018-05-24 - Growth Capital
Los Angeles, California · www.goguardian.com
Actian Corp. 2018-04-12 - Add-on Acquisition
Palo Alto, California · www.actian.com
Azuga, Inc. 2018-04-03 - Buyout (LBO, MBO, MBI)
San Jose, California · www.azuga.com
Kyriba Corp. 2017-09-27 - Growth Capital
San Diego, California · www.kyriba.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Healthgrades Operating Company, Inc. 2010-07-28 Evariant, Inc. 2020-01-07 2
Denver, Colorado · www.healthgrades.com Farmington, Connecticut · www.evariant.com
Calero Software LLC 2019-11-19 Market Data Services Ltd. 2019-11-19 1
Rochester, New York · www.calero.com Tunbridge Wells, United Kingdom · www.mdsl.com
Healthgrades Operating Company, Inc. 2010-07-28 Influence Health, Inc. 2019-01-08 1
Denver, Colorado · www.healthgrades.com Birmingham, Alabama · www.influencehealth.com
Velocity Technology Solutions, Inc. 2012-07-12 Mercury Technology Group 2017-12-11 3
Charlotte, North Carolina · www.velocitycloud.com Irvine, California · www.mercurytechnology.com
Velocity Technology Solutions, Inc. 2012-07-12 TITAN GS 2014-04-01 2
Charlotte, North Carolina · www.velocitycloud.com Charlotte, North Carolina · www.ttpartners.com
Velocity Technology Solutions, Inc. 2012-07-12 iXtend, Inc. 2013-06-10 1
Charlotte, North Carolina · www.velocitycloud.com Greenwood Village, Colorado · www.ixtendinc.com

M&A by Sector

Sector Current # Value All-time # Value
Internet Software and Services 8 (67%) 294M (100%) 10 (59%) 294M (31%)
Software 3 (25%) - 5 (29%) -
Technology Hardware 1 (8%) - 2 (12%) 645M (69%)
Total 12 $294M 17 $939M

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 10 (83%) 294M (100%) 14 (82%) 939M (100%)
  California 5 (42%) - 7 (41%) 645M (69%)
  Colorado 1 (8%) 294M (100%) 1 (6%) 294M (31%)
  Tennessee 1 (8%) - 1 (6%) -
  North Carolina 1 (8%) - 1 (6%) -
  New York 1 (8%) - 1 (6%) -
  Connecticut 1 (8%) - 1 (6%) -
  Massachusetts - - 1 (6%) -
  Arizona - - 1 (6%) -
Brazil 1 (8%) - 1 (6%) -
Sweden 1 (8%) - 1 (6%) -
United Kingdom - - 1 (6%) -
Total 12 $294M 17 $939M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Growth Capital 4 (33%) - 8 (47%) -
Going Private 1 (8%) 294M (100%) 2 (12%) 939M (100%)
Secondary Buyout 2 (17%) - 2 (12%) -
Venture 2 (17%) - 2 (12%) -
Add-on Acquisition 1 (8%) - 1 (6%) -
Buyout (LBO, MBO, MBI) 1 (8%) - 1 (6%) -
Recapitalization 1 (8%) - 1 (6%) -
Total 12 $294M 17 $939M

Exits by Deal Type

Type Total # Value
Merger 2 (40%) -
Secondary Sale 1 (20%) 1.2B (100%)
IPO 1 (20%) -
Trade Sale - Public Company 1 (20%) -
Total 5 $1.2B

Top M&A Advisors

Financial Deals
Mooreland Partners LLC
2
Union Square Advisors LLC
1
Legal Deals
Paul Hastings LLP
1

Deal Values

buy # Total
$100M to $1B 2 $939M
TOTAL $939M
Largest Smart Modular Technologies, Inc.
$645M (2011-04-26)
sell # Total
> $1B 1 $1.2B
TOTAL $1.2B
Largest Kyriba Corp.
$1.2B (2019-03-28)

M&A Connections

Deals %
Acquired from
PE Firm(s)
100%
6 100%
Exited to
PE Firm(s)
33%
1 33%
Strategic(s)
67%
2 67%

 Subscribe to unlock this and 155,882
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.0K Private Equity Firms
  • 144K M&A Transactions
  • 152K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.1K M&A Advisors
    (Investment Banks and Law Firms)
  • 45K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.