Summit’s Thriving Private Equity Scene

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Alexej Pikovsky
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Summit has emerged as a thriving hub for private equity, attracting firms like Summit Partners, Berkshire Partners, and Bain Capital. These industry leaders leverage the city’s strategic location, robust financial ecosystem, and talent pool to drive investment success. With a proven track record in technology, healthcare, and growth sectors, these firms are transforming the private equity landscape. Entrepreneurs and investors seeking to connect with like-minded professionals can explore our vibrant community at alexejpikovsky.com/community.

Summit Partners

Investment Style: Summit Partners is a growth equity firm that invests in rapidly growing companies across technology, healthcare, and other growth sectors. Their approach emphasizes partnering with management teams to accelerate growth and foster value creation through active board involvement and strategic guidance.

Portfolio Companies: Summit Partners’ portfolio includes Infor (enterprise software provider), McAfee (cybersecurity company), Avast (global cybersecurity leader), and Calypso Technology (capital markets software provider).

Founding Date: 1984

Number of Investment Professionals: Over 100

Assets Under Management: Approximately $46 billion

Key Investment Professionals:

  • Peter Chung, Managing Director and CEO: Leads the firm’s strategic vision and investment strategy, playing a critical role in shaping the direction of Summit Partners.
  • Harrison Miller, Managing Director: Focuses on technology and services, contributing to the growth and success of companies in these sectors.
  • Tom Roberts, Managing Director: Specializes in healthcare and life sciences investments, providing expertise and strategic insight to portfolio companies.

Recent Exits:

  • Calypso Technology, acquired by Thoma Bravo, a private equity investment firm focused on software and technology-enabled services sectors.
  • Signavio, acquired by SAP, a German multinational software corporation that makes enterprise software to manage business operations and customer relations.

Recent Acquisitions:

  • Investment in API Healthcare: A leading provider of healthcare workforce management solutions.
  • Investment in The Access Group: A leading provider of business management software to mid-sized UK organizations.

Office Locations:

  • Boston (Headquarters): 222 Berkeley Street, 18th Floor, Boston, MA 02116
  • Additional Offices: Menlo Park, London

Website: www.summitpartners.com

Quote: “At Summit Partners, we seek to partner with exceptional entrepreneurs to help them achieve their business goals, leveraging our extensive experience and global network to drive growth and create lasting value.” – Peter Chung, Managing Director and CEO

Illustrated city skyline at sunset with vibrant pink and purple hues, highlighting modern skyscrapers.

Conclusion

Private equity firms in Summit are reshaping the local economic landscape, bringing transformative capital and strategic insights to regional enterprises. Their impact extends beyond mere financial transactions, fostering growth and operational excellence. As these firms continue to evolve, they will undoubtedly play a critical role in driving regional economic development.

For weekly deep dives into exit strategies and acquisition dynamics, subscribe to my YouTube channel @alexejpikovsky. Stay informed and gain valuable perspectives on navigating complex exit scenarios.

Alexej Pikovsky

started his career in investment banking at NOMURA in London. After completing $7bn+ M&A and financing deals, Alexej became an investor at a family office and subsequently at a multi-billion private equity fund where he gained board experience and exited a portfolio company to a listed chemicals business in Poland. End of 2019, Alexej started his founder journey, raising $4m+ from family offices and angels. Alexej is the founder of NUOPTIMA, a growth agency and also acquired, 96NORTH, a consumer brand in the USA.

Alexej Pikovsky started his career in investment banking at NOMURA in London. After completing $7bn+ M&A and financing deals, Alexej became an investor at a family office and subsequently at a multi-billion private equity fund where he gained board experience and exited a portfolio company to a listed chemicals business in Poland. End of 2019, Alexej started his founder journey, raising $4m+ from family offices and angels. Alexej is the founder of NUOPTIMA, a growth agency and also acquired, 96NORTH, a consumer brand in the USA.