Investment Summary |
|
|---|---|
| Date | 2021-06-16 |
| Target | Veranex |
| Sector | Business Services |
| Investor(s) |
Summit Partners
Accelmed |
| Deal Type | Growth Capital |
SEARCH BY
| Category | Growth Capital Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 45.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
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 | 373 of 415 |
| Sector: Business Services M&A | 24 of 28 |
| Type: Growth Capital M&A Deals | 206 of 237 |
| State: North Carolina M&A | 6 of 6 |
| Country: United States M&A | 311 of 335 |
| Year: 2021 M&A | 12 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-15 |
Formative
Santa Monica, California, United States Formative provides a SaaS platform used by K-12 teachers to create digital exercises and assessments to review student performance. Teachers and administrators use Formative to evaluate students' work in real-time, make instant teaching adjustments, track long-term student growth and drive strategic curriculum decisions. Formative was founded in 2013 and is based in Santa Monica, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-28 |
QAD
Santa Barbara, California, United States QAD is a provider of enterprise applications for global manufacturing companies. The company's applications provide critical functionality for managing manufacturing resources and operations within and beyond the enterprise, enabling global manufacturers to collaborate with customers, suppliers, and partners to make and deliver the right product, at the right cost and at the right time. QAD was founded in 1979 and is based in Santa Barbara, California. |
Buy | $2.0B |
Accelmed is a global investment firm focused on providing investments in small and mid-cap private and public companies. The Firm looks to invest between $20 and $50 million in medical device companies and technologies with revenues between $20 and $70 million. Prospective transaction types include management buyouts and growth financings. Accelmed was formed in 2009 and is based in Miami, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 18 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Growth Capital M&A Deals | 4 of 5 |
| State: North Carolina M&A | 1 of 1 |
| Country: United States M&A | 10 of 14 |
| Year: 2021 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-21 |
NeuroPace
Mountain View, California, United States NeuroPace is a commercial-stage medical device company focused on transforming the lives of people suffering from epilepsy by reducing or eliminating the occurrence of debilitating seizures. NeuroPace was formed in 1997 and is based in Mountain View, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-22 |
Click Therapeutics
New York, New York, United States Click Therapeutics develops and commercializes software as prescription medical treatments for people with unmet medical needs. Through cognitive and neurobehavioral mechanisms, Click’s Digital Therapeutics enable change within individuals, and are designed to be used independently or in conjunction with biomedical treatments. The Clickometrics® adaptive data science platform continuously personalizes user experience to optimize engagement and outcomes. Click Therapeutics was founded in 2012 and is based in New York, New York. |
Buy | - |
