Investment Summary

Summit Partners Invests In Syncron

On October 16, 2018, growth capital firm Summit Partners invested in software company Syncron

Investment Highlights
  • This is Summit Partners’ 59th transaction in the Software sector.
  • This is Summit Partners’ 1st transaction in Sweden.

Investment Summary
Date 2018-10-16
Target Syncron
Sector Software
Investor(s) Summit Partners
Deal Type Growth Capital

Target

Syncron

Stockholm, Sweden
Syncron is a provider of cloud-based solutions that empower after-sales service excellence for large manufacturers. The Syncron Service Cloud, which includes service parts inventory, pricing, and uptime management solutions, is designed to optimize the after-sales supply chain and enable global manufacturers to evolve to subscription-based uptime service models. Syncron was formed in 1999 and is based in Stockholm, Sweden.

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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 323 of 387
Sector (Software) 59 of 68
Type (Growth Capital) 182 of 219
Country (Sweden) 1 of 1
Year (2018) 13 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-16 ApoCell

Houston, Texas, United States

ApoCell, Inc. is a molecular diagnostics laboratory that develops proprietary technology to analyze the effectiveness of oncology compounds for large pharmaceutical and biotech companies. ApoCell, Inc. was founded in 2004 and is based in Houston, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-22 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.

Sell $133M
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