Summit Partners related stories
All articles and analysis
CCMP books 3x on exit to CinvenThe divestment of Medpace has netted CCMP a 48% IRR.
- Summit hires oil and gas veteran
The firm has added Mark Crews as an executive partner focused on oilfield services.
- Summit raises $761.5m for Credit Fund II
Although it has beaten its $750m target, the Boston-based firm has not held a final close on the vehicle.
- Thoma Bravo promotes two
The firm has promoted Seth Boro and Holden Spaht to managing partners in San Francisco, bringing the total number of managing partners to six.
- PSERS commits $400m to private equity
The Public School Employees' Retirement System of Pennsylvania has committed up to $200m each to Apollo Global Management and Summit Partners.
- Centerbridge invests $216m in Focus Financial
The deal is expected to close in the third quarter and Summit Partners and Polaris Venture Partners will retain their stakes, despite previously selling portions.
- Summit hires healthcare execs for US and Europe
The firm has hired managing director Darren Black (pictured) and principal Thomas Tarnowski to focus on healthcare and life sciences investments.
- Summit hits $317m for credit fund
Summit Partners is less than $33m away from a $350m target on its credit fund, which launched last year.
- Summit and Bain reduce stakes in FleetCor
The company, led by CEO Ron Clarke, bought back a portion of its shares from the two firms. To date, Summit’s total return on its FleetCor investment is more than 10x.
- Summit backs German trading platform
Summit has invested in German online trading platform 360T at a time when PE firms are increasingly attracted to financial technology businesses.