Investment Summary

Exits CIDCO

On January 1, 1994, invested in electrical equipment company CIDCO from Summit Partners

Investment Highlights
  • This is transaction in the Electrical Equipment sector.
  • This is transaction in the United States.
  • This is transaction in California.
Investment Fate
  • CIDCO was sold to a strategic buyer in 2002.

Investment Summary

Date 1994-01-01
Target CIDCO
Sector Electrical Equipment
Sellers(s) Summit Partners
Deal Type IPO

Target

CIDCO

Morgan Hill, California, United States
CIDCO, Inc. provides add-on Caller ID equipment for residential and small business users.

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Seller(S) 1

SELLER

Summit Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

website


Category Growth Capital Firm
Founded 1984
PE ASSETS 39.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

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 14 of 272
Sector (Electrical Equipment) 1 of 2
Type (IPO) 14 of 71
State (California) 6 of 59
Country (United States) 14 of 238
Year (1994) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1994-01-01 Digital Link

Sunnyvale, California, United States

Digital Link Corp. is a designer, manufacturer and marketer of voice and data communications products used to support T-1 transmissions.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1994-02-04 ModusLink Global Solutions

Waltham, Massachusetts, United States

ModusLink Global Solutions Inc. is a supply chain and logistics services that are designed to improve clients’ revenue, cost, sustainability and customer experience objectives.

Sell -