Investment Summary

Summit Partners Invests In Belkin

On September 1, 2002, growth capital firm Summit Partners invested in electronics company Belkin

Investment Highlights
  • This is Summit Partners’ 3rd transaction in the Electronics sector.
  • This is Summit Partners’ 129th transaction in the United States.
  • This is Summit Partners’ 41st transaction in California.
Investment Fate
  • Belkin was sold to management in 2015.

Investment Summary

Date 2002-09-01
Target Belkin
Sector Electronics
Investor(s) Summit Partners
Deal Type Growth Capital

Target

Belkin

Playa Vista, California, United States
Belkin is a provider of connectivity solutions and accessories for computer and consumer electronics users. Belkin was formed in 1983 and is based in Playa Vista, California.

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Investor(S) 1

Investor

Summit Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


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 132 of 387
Sector (Electronics) 3 of 5
Type (Growth Capital) 87 of 219
State (California) 41 of 73
Country (United States) 129 of 320
Year (2002) 6 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-08-29 TrelliSoft

Glen Ellyn, Illinois, United States

TrelliSoft, Inc. is a provider of IT storage resource management solutions.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-10-31 Sage Telecom

Richardson, Texas, United States

Sage Telecom is a competitive local exchange carrier providing local, long distance and enhanced voice services to residential and small business customers in rural and suburban markets.

Buy -