Investment Summary

Summit Partners Invests In OnRobot

On August 29, 2018, growth capital firm Summit Partners invested in technology hardware company OnRobot

Investment Highlights
  • This is Summit Partners’ 17th transaction in the Technology Hardware sector.
  • This is Summit Partners’ 3rd transaction in Denmark.

Investment Summary

Date 2018-08-29
Target OnRobot
Sector Technology Hardware
Investor(s) Summit Partners
Deal Type Growth Capital

Target

OnRobot

Odense, Denmark
OnRobot is a provider of hardware and software that help customers take full advantage of the benefits of collaborative robot applications: ease of use, cost-effectiveness and safe use alongside human workers. OnRobot integrates grippers, sensors and software to facilitate the deployment of robots in a broad set of industries and end-use collaborative applications, including packaging, quality testing, material handling, machine tending and assembly. OnRobot was formed in 2015 and is based in Odense, Denmark.

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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 45.0B 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 323 of 415
Sector: Technology Hardware M&A 17 of 18
Type: Growth Capital M&A Deals 181 of 237
Country: Denmark M&A 3 of 4
Year: 2018 M&A 13 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-28 MercuryGate

Cary, North Carolina, United States

MercuryGate is an independent provider of SaaS-based transportation management system (TMS) solutions. MercuryGate provides powerful transportation management solutions proven to be a competitive advantage for today’s most successful shippers, 3PLs, freight forwarders, brokers, and carriers. MercuryGate’s solutions are unique in their native support of all modes of transportation on a single platform including Parcel, LTL, Truckload, Air, Ocean, Rail, and Intermodal. MercuryGate was formed in 2000 and is based in Cary, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-20 Paradigm Outcomes

Walnut Creek, California, United States

Paradigm Outcomes is a provider of managed care services for persons with catastrophic injuries from the workplace. Paradigm, through its proprietary databases, processes and medical network, achieves improved outcomes for injured workers as well as significant savings for insurers and other parties involved in their care. Paradigm Outcomes was founded in 1991 and is based in Walnut Creek, California.

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