Investment Summary

Summit Partners Invests In Solactive

On December 10, 2020, growth capital firm Summit Partners invested in financial services company Solactive

Investment Highlights
  • This is Summit Partners’ 13th transaction in the Financial Services sector.
  • This is Summit Partners’ 10th transaction in Germany.

Investment Summary

Date 2020-12-10
Target Solactive
Sector Financial Services
Investor(s) Summit Partners
Deal Type Growth Capital

Target

Solactive

Frankfurt, Germany
Solactive is a technology-driven provider of index and index solutions to the global financial service industry. Solactive developed tailor-made and multi-asset class index solutions for ETFs and other index-linked investment products for leading global investment banks and asset managers worldwide. Solactive was founded in 2007 and is based in Frankfurt, Germany.

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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 354 of 396
Sector: Financial Services M&A 13 of 14
Type: Growth Capital M&A Deals 198 of 226
Country: Germany M&A 10 of 11
Year: 2020 M&A 18 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-02 ShipMonk

Fort Lauderdale, Florida, United States

ShipMonk is a provider of e-commerce fulfillment and technology solutions to help small and medium-sized e-commerce businesses scale by offering technology-driven fulfillment solutions that enable business founders to devote more time to the things that matter most in their businesses. ShipMonk was founded in 2014 and is based in Fort Lauderdale, Florida.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-11 LiteCure

New Castle, Delaware, United States

LiteCure LLC is a medical device manufacturer that manufactures and distributes highly integrated bio-photonic instruments and medical lasers for the healthcare and veterinary care markets. LiteCure is based in New Castle, Delaware.

Sell -