September 25, 2016 1:33 AM ET

Capital Markets

Company Overview of Summit Partners LLP

Company Overview

Summit Partners is a private equity and venture capital firm specializing in later stage, mezzanine debt, growth capital, middle market, recapitalizations, possession financing, shareholder liquidity, management buyouts, bridge loans, acquisition financing, spin-off transactions, distressed situations/debtor-in-possession financing, and divestitures. It invests across all industry categories with a focus on education, technology enabled oilfield product and services, software, communications technology and services, semiconductors and electronics, gaming, leisure, Internet and information services, energy, media and entertainment, business services, financial technology and services, healthc...

222 Berkeley Street

18th Floor

Boston, MA 02116

United States

Founded in 1984

Phone:

617-824-1000

Fax:

617-824-1100

Key Executives for Summit Partners LLP

Managing Director and Chief Executive Officer
Age: 48
Cofounder, Managing Partner, and Senior Advisor
Age: 70
Cofounder and Senior Advisor
Age: 54
Cofounder and Senior Advisor
Managing Director, Chief Financial Officer, and Chief Compliance Officer
Compensation as of Fiscal Year 2016.

Summit Partners LLP Key Developments

Infor Puts Itself On The Block

Infor (US), Inc. reportedly is looking for buyout firms to acquire a stake in it. Morgan Stanley (NYSE:MS) is working with Infor in the sale. Infor could be valued at more than $9 billion including debt. Golden Gate Capital and Summit Partners LLP may choose to pursue a debt investment or other ways to bring on additional investors besides a sale of a minority equity stake.

Investors Reportedly Seeks To Acquire Infor

Infor, Inc. is working with Morgan Stanley to handle approaches from buyout firms interested in acquiring a stake, according to people familiar with the matter. Golden Gate Capital and Summit Partners LLP, the private equity firms that own Infor, may choose to pursue a debt investment or other ways to bring on additional investors besides a sale of a minority equity stake, the people said this week. The sources asked not to be identified because the matter is confidential. Golden Gate Capital and Morgan Stanley declined to comment, while Infor and Summit Partners did not respond to requests for comment.

Summit Partners Announces Executive Promotions

Summit Partners announced seven promotions in its Boston and Menlo Park offices. David Averett, Adam Britt, Andrew Collins, Robert Hassell and Michael Medici were promoted to Managing Director; Jesse Lane was promoted to Principal and Gabriel Carreiro was promoted to Vice President. David W. Averett has been promoted to Managing Director. Dave joined Summit in 2010 and leads Peak Performance Group. He oversees the day-to-day management of PPG engagements across all geographies and has been instrumental in building the team to support both investment and portfolio management processes. Prior to Summit, Dave held operational and strategic leadership roles at a variety of companies, including Immco Diagnostics and George Group. Adam D. Britt has been promoted to Managing Director. Adam joined Summit in 2010. He is a founding member of Summit Partners Credit Advisors and leads the structuring and negotiation of the firm's private credit investments. Prior to Summit, Adam worked for Guggenheim Investment Management as a member of the leveraged credit group. Andrew J. Collins has been promoted to Managing Director. Andy joined Summit in 2008, was promoted to Vice President in 2011 and has served as a Principal since 2014. Andy has led investments in over a dozen leading enterprise software and internet companies. His board directorships and investment experience includes Delphix, JAMF Software, NetWitness, Philz Coffee, RiskIQ, Reverb.com, Uber Technologies, Ubiquiti Networks, WebAction, Wildfire Interactive, Winshuttle and Wowza Media Systems. Prior to Summit, Andy worked in the Mergers & Acquisitions group at Banc of America Securities. Robert M. Hassell has been promoted to Managing Director. Rob joined Summit in 2010 and is a founding member of Summit Partners Credit Advisors. He currently leads the credit team's origination efforts in the healthcare, aerospace /defense, business services, and paper and packaging sectors. Rob's investment experience includes Act for Health, Covenant Surgical Partners, CrossFit and Golden Entertainment. Prior to Summit, Rob worked for Guggenheim Investment Management as a member of the leveraged credit group. Michael A. Medici has been promoted to Managing Director. Michael joined Summit as an Associate in 2005, was promoted to Vice President in 2009 and has served as a Principal since 2012. Michael focuses primarily on the technology sector, and his board directorships and investment experience includes Acacia Communications, Accedian Networks, Anesthetix, ApoCell, Diagnostic Hybrids, Fermentas International, Hiperos, Logi Analytics, Mi9 Retail, NetBrain Technologies, PeerApp, Telerik and Zenoss. Prior to Summit, Michael worked for Prudential Capital Group. Jesse Lane has been promoted to Principal. Jesse joined Summit as an Associate in 2007 and rejoined the firm as a Vice President in 2012. He focuses primarily on the healthcare and life sciences sectors, and his board directorships and investment experience includes Advance Health, ApoCell, COMS Interactive, Heart to Heart Hospice, MedOptions, Modernizing Medicine, My Dentist, Wellcentive and Winshuttle. Gabriel N. Carreiro has been promoted to Vice President. Gabe joined Summit as a Senior Associate in 2013. As a member of Summit Partners Credit Advisors, Gabe has made significant contributions to the team's internal legal efforts related to deal structuring and execution. Prior to Summit, Gabe was a finance attorney at Brown Rudnick.

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