Summit Partners
SGT Capital to acquire Summit-backed Elatec for EUR 400m
Mid-market sponsor looks to grow company via “continued technical innovation” and international expansion
Summit Partners puts RFID manufacturer ELATEC up for sale
Teasers for the German group were circulated earlier this year by sell-side adviser Goldman Sachs
Summit buys 18 Week Support
Deal for UK-based NHS insourcer confirmed by March 25 Companies House filing; buyout follows Houlihan Lokey-led auction launched last year
Belgian unicorn Odoo raises USD 215m from Summit
Sofinnova Partners sells shares, with the latest valuation being a 149x jump on its 2010 investment
VC-backed Darktrace lists on LSE
Cybersecurity platform has a market cap of around ТЃ1.7bn; it raised its first funding round in 2013
Summit Partners leads $68m round for Lingoda
Existing investors in the Germany-headquartered online language school include Grazia Equity
Apax, DTCP, Summit exit Signavio
Apax Partners, Deutsche Telekom Capital Partners (DTCP) and Summit Partners have sold their stakes in Germany-based business process management software business Signavio to SAP.
Summit Partners invests €50m in Solactive
Growth capital investment sees the GP take a minority stake in the financial indices provider
LearnUpon raises $56m from Summit Partners
Funding will be used to hire more staff, support product development and meet customer demand
Summit Partners invests in CluePoints
Company plans to use the fresh capital to boost its growth and expand its international presence
Summit Europe Growth Equity III closes on €1.1bn
Summit Europe III is structured as a Luxembourg LP, while Summit Partners itself is based in the US
Astorg to acquire Normec from Summit
Summit Partners acquired a minority stake in Normec for an undisclosed amount in December 2017
Summit Partners invests $37m in Appway
Growth capital investment in financial software company will support its international growth
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Summit-backed Viroclinics acquires DDL
Bob van Gemen, CEO of Viroclinics Biosciences, will serve as CEO of the combined organisation
Summit leads $90m round for Odoo
Sofinnova invested in a €3m funding round for the enterprise management company in 2010
Summit leads $40m for Immersive Labs
Existing investor Goldman Sachs also joins the funding round
Summit sells stake in Sipartech to Blackstone
Summit sells a minority stake in the France-based provider of dark fibre network
Summit, Alven et al. invest $46m in Akeneo series-C
New funding will support Akeneo in its product development and recruitment efforts
Summit invests $40m in ProGlove
Summit Partners has taken a minority stake in the industrial wearables manufacturer
Apax leads $177m investment in Signavio
Deal reportedly values the UK-based enterprise software company at around $400m
Summit Partners, FleetCor exit Masternaut to Michelin
Masternaut will continue to operate under its own brand as a wholly owned subsidiary of Michelin
Summit leads $33m round for A Cloud Guru
IT training platform intends to increase its headcount and invest in product development
Summit Partners leads $38m funding round for Red Points
Northzone, Mangrove Capital Partners, Eight Roads Ventures and Banco Sabadell take part in the round