Investment Summary

Sumeru Equity Partners Invests In 3Gtms

On April 17, 2019, private equity firm Sumeru Equity Partners invested in software company 3Gtms

Investment Highlights
  • This is Sumeru Equity Partners’ 5th transaction in the Software sector.
  • This is Sumeru Equity Partners’ 11th transaction in the United States.
  • This is Sumeru Equity Partners’ 1st transaction in Ohio.

Investment Summary
Date 2019-04-17
Target 3Gtms
Sector Software
Investor(s) Sumeru Equity Partners
Deal Type Growth Capital
Advisor(s) Solomon Partners (Financial)

Target

3Gtms

Columbus, Ohio, United States
3Gtms is the fastest growing tier 1 transportation management system (TMS) provider and is committed to giving mid-to-large shippers and logistics service providers a competitive advantage through technology. 3Gtms was founded in 2013 and is based in Columbus, Ohio.

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Investor(S) 1

Investor

Sumeru Equity Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2014
Size Small
Type Sector Focused
DESCRIPTION

Sumeru Equity Partners, Inc. is a technology-focused private equity firm that makes investments in mid-market software, technology enabled services, and hardware companies with a focus on growth. Sumeru Equity Partners typically invests between $25 and $200 million in companies with revenues greater than $10 million. Sumeru Equity Partners was formed in 2014 and is based in Foster City, California.

DEAL STATS #
Overall 14 of 22
Sector (Software) 5 of 7
Type (Growth Capital) 8 of 13
State (Ohio) 1 of 1
Country (United States) 11 of 15
Year (2019) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-28 Kyriba

San Diego, California, United States

Kyriba is a provider of cloud treasury and financial management solutions. Kyriba delivers a highly secure, 100% SaaS platform, superior bank connectivity and a seamlessly integrated solution set for tackling today’s most complex financial challenges. More than 1,600 companies, including many of the world’s largest organizations, rely on Kyriba to streamline key processes, protect against loss from fraud and cybercrime, and accelerate growth opportunities through improved decision support. Kyriba was founded in 2000 and is based in San Diego, California.

Sell $1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-17 Criteria

West Hollywood, California, United States

Criteria is a provider of web-based pre-employment testing that allows companies to implement a state-of-the-art employee testing program quickly and cost-effectively, without needing to spend money on costly consulting services. Criteria was founded in 2006 and is based in West Hollywood, California.

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