Investment Summary

Summit Partners Invests In Sipartech

On January 1, 2016, growth capital firm Summit Partners invested in communications company Sipartech

Investment Highlights
  • This is Summit Partners’ 16th transaction in the Communications sector.
  • This is Summit Partners’ 3rd transaction in France.
Investment Fate
  • Sipartech was sold to a consortium of financial buyers in 2019.

Investment Summary

Date 2016-01-01
Target Sipartech
Sector Communications
Investor(s) Summit Partners
Deal Type Stake Purchase

Target

Sipartech

Paris, France
Sipartech operates neutral dark fiber networks in the Paris metro area, Marseille and Lille. Through its own network, Sipartech provides high-capacity, low-latency connectivity to data centers, telecom operators and corporate clients. Sipartech was founded in 2009 and is based in Paris, France.

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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 289 of 415
Sector: Communications M&A 16 of 16
Type: Stake Purchase M&A Deals 7 of 9
Country: France M&A 3 of 7
Year: 2016 M&A 3 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-01 Sun Trading

Chicago, Illinois, United States

Sun Trading is a proprietary trading firm focused on quantitative trading across multiple asset classes on various electronic exchanges worldwide. Sun Trading was formed in 2003 and is based in Chicago, Illinois.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-06 Duly Health and Care

Downers Grove, Illinois, United States

Duly Health and Care is an independent, multi-specialty physician group with more than 600 physicians in over 80 suburban Chicago locations. The organization is patient-centered and focused on expanding access to convenient care supported by advanced technology and modern treatment options. Duly Health and Care was founded in 1999 and is based in Downers Grove, Illinois.

Buy -