Investment Summary

Exits Diamond Multimedia Systems

On January 1, 1995, invested in technology hardware company Diamond Multimedia Systems from Summit Partners and TA Associates

Investment Highlights
  • This is transaction in the Technology Hardware sector.
  • This is transaction in the United States.
  • This is transaction in California.
Investment Fate
  • Diamond Multimedia Systems was sold to a strategic buyer in 1999.

Investment Summary

Date 1995-01-01
Target Diamond Multimedia Systems
Sector Technology Hardware
Sellers(s) Summit Partners
TA Associates
Deal Type IPO

Target

Diamond Multimedia Systems

San Jose, California, United States
website
Diamond Multimedia Systems, Inc. designs, manufactures, and markets board-level peripheral products for IBM- compatible PCs.

Search 177,612 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Seller(S) 2

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 20 of 272
Sector (Technology Hardware) 4 of 15
Type (IPO) 20 of 71
State (California) 8 of 59
Country (United States) 20 of 238
Year (1995) 5 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1995-01-01 TGV Software

Santa Cruz, California, United States

TGV Software develops and markets an integrated set of standards-based inter-networking software for the VMS operating environment.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1995-02-13 Software Artistry

Indianapolis, Indiana, United States

Software Artistry, Inc. is a developer of enterprise-wide software for problem tracking and resolution.

Sell -
SELLER

TA Associates

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1968
PE ASSETS 36.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TA Associates Management LP is a private equity firm that targets investments in middle-market and large companies around the world. TA will consider control or minority investments in profitable companies and looks to commit between $50 and $500 million per transaction. TA currently manages approximately $24 billion of capital and proactively reaches out to companies directly in sourcing potential investment opportunities. Prospective businesses are generally valued between $150 million and $3 billion. Areas of interest include technology, software, communications, financial services, healthcare, business services, semiconductors/electronics, and consumer products/services. In addition to investing equity capital, TA also makes subordinated debt investments up to $75 million. TA's geographic preference is North America and Europe. TA Associates was formed in 1968 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 22 of 249
Sector (Technology Hardware) 4 of 8
Type (IPO) 7 of 43
State (California) 8 of 31
Country (United States) 21 of 205
Year (1995) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1995-01-01 AMX

Richardson, Texas, United States

AMX LLC provides hardware and software solutions that simplify the implementation, maintenance, and use of technology. AMX was formed in 1982 and is based in Richardson, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1995-02-01 Alias Systems

Toronto, Ontario, Canada

Alias Systems Corp. is a team of expert scientists exploring and creating technologies to help improve design and its role in society through high-level projects and collaboration with leading research universities worldwide.

Sell -