M&A Deal Summary

Summit Partners Acquires Quay Australia

On January 1, 2016, growth capital firm Summit Partners acquired consumer products company Quay Australia

Acquisition Highlights
  • This is Summit Partners’ 7th transaction in the Consumer Products sector.
  • This is Summit Partners’ 251st transaction in the United States.
  • This is Summit Partners’ 64th transaction in California.

M&A Deal Summary
Date 2016-01-01
Target Quay Australia
Sector Consumer Products
Buyer(s) Summit Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Quay Australia

San Francisco, California, United States
Quay Australia designs and markets affordable fashion sunglasses for trendsetters worldwide. Quay Australia was founded in 2004 and is based in San Francisco, California.

Search 201,292 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

Buyer(S) 1

Buyer

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 289 of 387
Sector (Consumer Products) 7 of 11
Type (Buyout (LBO, MBO, MBI)) 67 of 80
State (California) 64 of 73
Country (United States) 251 of 320
Year (2016) 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

DuPage Medical Group is an independent, multi-specialty physician group with more than 600 physicians in over 80 suburban Chicago locations. DMG is a patient-centered organization focused on improving access to convenient, quality health care using the latest technology and treatment options. DuPage Medical Group was founded in 1999 and is based in Downers Grove, Illinois.

Buy -
Mergr

Product

Company

Legal