Investment Summary

Summit Partners Invests In Solutionreach

On May 10, 2012, growth capital firm Summit Partners invested in information technology company Solutionreach

Investment Highlights
  • This is Summit Partners’ 20th transaction in the Information Technology sector.
  • This is Summit Partners’ 217th transaction in the United States.
  • This is Summit Partners’ 4th transaction in Utah.

Investment Summary
Date 2012-05-10
Target Solutionreach
Sector Information Technology
Investor(s) Summit Partners
Deal Type Growth Capital

Target

Solutionreach

Lehi, Utah, United States
Solutionreach provides SaaS-based patient engagement and communication platform solutions for healthcare practices. Utilizing the latest text, email, voice, video, web and social media tools, Solutionreach equips practices and small businesses alike with a high-tech solution that does not sacrifice high-touch personalization. Solutionreach was founded in 2000 and is based in Lehi, Utah.

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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 239 of 387
Sector (Information Technology) 20 of 40
Type (Growth Capital) 144 of 219
State (Utah) 4 of 7
Country (United States) 217 of 320
Year (2012) 12 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-02 Full House Resorts

Las Vegas, Nevada, United States

Full House Resorts, Inc. develops, owns, operates and manages casinos and related hospitality and entertainment facilities in regional U.S. markets. Based in Las Vegas, Full House operates five casino facilities in Mississippi, Colorado, Indiana and Nevada. Each of our gaming properties reflects a unique atmosphere custom-designed for each regional market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-06 Delphix

Redwood City, California, United States

Delphix provides database virtualization solutions for agile data management. Leading global organizations use Delphix to dramatically reduce the time, cost, and risk of application rollouts, simplifying database operations while consolidating redundant hardware. Delphix is based in Redwood City, California.

Buy -
Mergr

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