Summit Partners
Summit Partners leads $38m funding round for Red Points
Northzone, Mangrove Capital Partners, Eight Roads Ventures and Banco Sabadell take part in the round
Summit exits Acturis in Astorg-backed deal
Sale of insurance-related software business brings to an end a nine-year holding period
Minnesota State Board set to commit $550m to PE
LP is set to commit $550m to four private equity funds, according to its latest meeting minutes
TCV invests $200m in Relex
First investment from the growth equity investor’s $3bn TCV X fund, after a final close in January
SCERS considers private equity fund-of-funds exposure
SCERS's staff, along with Cliffwater, contemplate an overall commitment of up to $100m
Summit invests $67m in Syncron
Investment is intended to facilitate the company's growth and preparations for a future IPO
CVC-backed Avast to list in £2.4bn IPO
Offering, valued at £602m, represents 25.3% of the company's total shares
CVC-backed Avast sets price range for £2.5-3.2bn IPO
Company announces a share price range of 250-320 pence for its upcoming IPO on the LSE
CVC-backed Avast to float on London Stock Exchange
Listing would result in a free float of approximately 25% of Avast's issued share capital
Inflexion, CVC funds trading above NAV, says secondaries marketplace
Inflexion's 2010-vintage buyout fund is trading at nearly a quarter above NAV, according to Palico
DPE sells Elatec to Summit
DPE acquired its stake in Elatec in January 2016, drawing equity from the €575m fund DPE III
Summit Partners promotes two in London office
Vice-presidents Johannes Grefe and Steffan Peyer become principals in the GP's London office
Summit commits follow-on investment to Relex
GP completes an expansion capital investment in its Finland-based portfolio company Relex
Insight leads $75m series-D for Darktrace
Cybersecurity firm will use the funding to support its ongoing international expansion
Summit Partners backs Market Logic in €45m round
Investment firm Genui and Berlin-based Sycamore, a previous backer, also take part in the round
BC Partners buys DentalPro from Summit
Deal is the second transaction for the GP's 10th buyout vehicle, BC European Capital X
Summit raises $4bn across growth and VC funds
Firm's ninth growth equity vehicle takes majority of commitments at $3.3bn, while the VC fund raised €730m
Veterinary sector proves pedigree with litter of PE deals
Demographic trends underpin PE interest in European veterinary care and adjacent sectors
EQT to acquire Independent Vetcare from Summit
Deal follows a two-year holding period for Summit and comes two years after EQT acquired Evidensia
CVC and Summit’s Avast in $1.3bn deal for TA’s AVG
Bolt-on is first major acquisition for Avast since being bought by CVC in 2014
Summit-backed DentalPro buys Dentadent
Deal marks the second bolt-on acquisition for the Italian dental clinic group
KKR leads $65m round for Darktrace
Cybersecurity business will invest in international marketing and sales
Summit’s DentalPro bolts on Giovanni Bona for €80m
Pemberton supported the acquisition with a €70m bond facility
Summit-backed Vente-privee buys Privalia, Eboutic.ch
General Atlantic, Highland Capital, Sofina and other backers exit their stakes