Matt Frattaroli’s Post

This is a snapshot of the current attractive industries and sub-verticals in the private direct investment landscape

🎉 Introducing the Augment Collective. 🤝 We're enabling members to invest in the hottest private companies with just a few clicks. 💡 The rundown: - Minimums as low as $5k - 0% management fees, 0% carry - No lock-in. No need to wait for the IPO. Easily sell your stake to an investor in our network. - Expert panel discussions on companies, market dynamics, and sectors - Private in-person events Deals live today. Sign up: https://lnkd.in/d-6BGRCz Blog: https://lnkd.in/dxDYXqyx *Accredited investors only. Private market investments are risky, speculative, and potentially illiquid.

Optimism is high for tech-enabled services in the M&A market. From class action tech to media software platforms, private equity is seeing a surge in fundraising and strategic investments. Learn more about the deals shaping the middle market. #TechDrivenM&A #MiddleMarket #BenchmarkInternational #DealTrends

Optimism is high for tech-enabled services in the M&A market. From class action tech to media software platforms, private equity is seeing a surge in fundraising and strategic investments. Learn more about the deals shaping the middle market. #TechDrivenM&A #MiddleMarket #BenchmarkInternational #DealTrends

The Top Growth Equity Firms of 2023 It is our distinct pleasure to announce this year’s Top Growth Equity Firms. This year’s process began with a consideration set of over 400 firms. Final round candidates were reviewed methodically on the strength of their nomination submissions. We evaluated each firm’s unique capabilities, sector expertise, investment judgment, demonstrated value creation, senior partner composition, talent retention, firm evolution, and firm momentum, among other attributes. A minor fraction of final round candidates were ultimately selected as awardees. TA Associates, KKR, Summit Partners, TPG Growth, Insight Partners, Thoma Bravo, Sixth Street Growth, Blackstone Growth, Bain Capital, Silversmith Capital Partners, Vista Equity Partners, Oak HC/FT, Goldman Sachs Alternatives, Spectrum Equity, TCV, PSG, JMI Equity, Battery Ventures, Norwest Venture Partners, H.I.G. Capital, Bregal Sagemount, Bregal Milestone, Advent International, Sageview Capital, Turn/River Capital, Long Ridge Equity Partners, Updata Partners, Mainsail Partners, Brighton Park Capital, Five Elms Capital, K1 Investment Management, Charlesbank Capital Partners, Level Equity, WestView Capital Partners, Lead Edge Capital, Valor Equity Partners, HealthQuest Capital, PeakSpan Capital, Pamlico Capital, Volition Capital, Centana Growth Partners, Guidepost Growth Equity, Optum Ventures, NewSpring Capital, Edison Partners. Sign up for GrowthCap’s email newsletter https://lnkd.in/gXXniHP Nominate Top Healthcare Investors of 2024 at https://lnkd.in/g9hfKiY #growthequity #leadership #investing https://lnkd.in/eJyiMEhy

Ranked: The Top Growth Equity Firms of 2023 - who am I missing? 💵 1. TA Associates 2. KKR 3. Summit Partners 4. TPG 5. Insight Partners 5. Thoma Bravo 6. Sixth Street Growth 7. Blackstone Growth 8. Bain Capital 9. Silversmith Capital Partners 10. Vista Equity Partners 11. Oak HC/FT 12. Goldman Sachs Investment Banking 13. Spectrum Equity 13. TCV 14. PSG 15. JMI Equity 16. Battery Ventures 16. Norwest Venture Partners 17. H.I.G. Capital 18. Bregal Sagemount 18. Bregal Milestone 19. Advent International 20. Sageview Capital 21. Turn/River Capital 22. Long Ridge Equity Partners 22. Updata Partners 23. Mainsail Partners 24. Brighton Park Capital 25. Five Elms Capital 26. K1 Investment Management  27. Charlesbank Capital Partners 28. Level Equity 29. WestView Capital Partners 30. Lead Edge Capital 31. Valor Equity Partners 32. HealthQuest Capital 33. PeakSpan Capital 34. Pamlico Capital 35. Volition Capital 36. Centana Growth Partners  37. Guide Post Equity 38. Optum Ventures 39. NewSpring Capital 40. Edison Partners Source: growthcapadvisory.com #venturecapital #growthequity #vc #ai

More commentary from John O'Connell, MBA on the Bain Capital acquisition of Envestnet, Inc, this time in Family Wealth Report: “Bain will certainly restructure the firm after the acquisition. This will likely lead to more leadership changes based on the restructuring. Bain is very likely to sell off underperforming business units, such as Yodlee. They may also consider breaking up the firm to separate the technology solution and the TAMP solution. These lines of business have very different return expectations.” Read more: https://lnkd.in/gjjR-xwH

🚀 Navigating Life with Private Equity: Insights from MSP Industry Pros 🚀 Curious about the impact of Private Equity on Managed Service Providers (MSPs)? Join us next week at IT BY DESIGN’s Build IT Live in Orlando, Florida, where Sam Levy, Partner at Drake Star, will speak on a panel titled “Life with a PE: Good, Bad or Ugly?” alongside other leading #MSP industry pros including Kevin Cook, Glenn Mathis, President of Integris; Jake Spanberger, CEO of Entech; and Jason Erickson, Chief Strategy Officer at Integris. 🎙️ Key Panel Topics: 🔵 PE Dynamics Unveiled: Explore what PE investment means for MSPs, including typical structures and expectations. 🔵 Benefits of PE: Discover how PE can drive growth, foster innovation, and expand market reach. 🔵 Navigating Challenges: Understand potential pitfalls such as cultural shifts, operational changes, and governance issues. 🔵 Real-World Experiences: Gain firsthand insights from MSPs who have undergone PE investment or acquisition, sharing valuable lessons learned. If you're contemplating an acquisition, exploring PE investment, or simply want to learn about the process, this session will provide the insights you need to navigate the complexities of life with Private Equity. 📅 See you in Orlando! #InvestmentBanking #MergersAndAcquisitions #PrivateEquity 

Strategic Investors Take the Lead Aalto Capital had the pleasure of attending the 2024 Mergermarket Forum in London last month, where many fascinating topics and views were discussed and debated. At this year’s event, it was mentioned that strategic investors accounted for 76% of deal flow in the first four months of 2024 – a strikingly high proportion. What might be causing this uptick in the proportion of strategic transactions? Perhaps there is more hesitance from private equity. After the boom of 2021, many PE firms have reevaluated their investment strategies and become much more selective and thorough when choosing investments. Many private equity players are sitting back and waiting to see how companies fair the rockier economic conditions – who hits their targets against macroeconomic headwinds, and hence who comes out on top. On the other hand, many companies may be looking to M&A to fuel their growth as the economy has slowed. Fragmented technology and services markets in particular are seeing a push towards consolidation as a means of providing companies with a more certain route to revenue growth and increased market share. This new trend should be considered as companies plan their fundraising strategies. Good companies will find that private equity, though more decerning, is still looking for investments with a defensible market position and strategy. This makes it even more important for companies to set realistic forecasts and focus on strengthening their cash flows. Looking to strategic investors / acquirers may be a more certain route to capital, but it is worth noting that transactions across the board are taking longer than they have historically. According to a survey performed by Mergermarket and SRS Acquiom in Q1 2024, 64% of respondents are finding due diligence is taking longer than it did pre-pandemic. 44% of respondents say it takes them 5-6 months to complete a deal from the initial outreach to closing. A further 22% found it was taking longer than 6 months. Companies planning a fundraising or sale should note it is better to start early and leave plenty of time to find the right investor and not just the fastest. #investmentbanking #corporatefinance #mergers&acquisitions #equityfundraising #equitycapital

Welcome to our 17th  #InvestorSpotlight feature! This week, we're profiling Summit Partners. Summit Partners invests in leading companies within the #Technology, #Healthcare & #LifeSciences, and #GrowthProducts & #Services sectors, providing resources to foster growth. With 40 years of experience in growth investing, the firm has invested over $32 billion in more than 550 companies, achieved 175+ public offerings, and facilitated 250+ strategic sales or mergers. The firm’s typical investments range from $10 to $500 million. Summit Partners has a dedicated team called the Peak Performance Group (PPG), which specializes in providing operational and tactical support in collaboration with portfolio company teams. Comprising professionals with extensive expertise in key areas such as operations, M&A, human capital, technology and data science, and capital markets, the PPG focuses on promoting profitable growth and long-term value. Summit Partners have offices in Boston, Menlo Park, New York, London, and Luxembourg. Some of its portfolio of companies include Klaviyo (IPO), Healthline Media (merger), Uber (IPO), Hallmark, LumaBridge, Doctrine, Foxen, and more. Greg Avis, Roe Stamps, and Stephen Woodsum co-founded Summit Partners in 1984. During their tenures, all three served as Managing Directors until 2000, Senior Advisors until 2017, and board directors for various companies. Additionally, Greg remained on Summit’s Board of Managers until 2005, Roe until 2000, and Steve until 2015. Prior to Summit, Greg worked at McDonald & Company and Goldman, Sachs & Co. Roe had roles as a General Partner at TA Associates, Senior Investment Manager at First Chicago Investment Corporation, and Associate with The Palmer Organization. Steve was a General Partner at TA Associates and an Investment Analyst at First Chicago Investment Corporation. Recently, OneStock SAS, an OMS provider, secured a $72 million investment from Summit Partners. Founded in 2015, OneStock's cloud platform enables seamless order fulfillment. With significant growth and over 100 international retailers as clients, including Yves Rocher and WHSmith, the investment will support U.S. expansion and product development. With a strong track record, a global perspective, and a commitment to partnering with exceptional companies, Summit Partners is poised to identify emerging opportunities and play a crucial role in driving innovation and growth across various sectors. Stay tuned to discover the exciting ventures that lie ahead for Summit Partners and the companies they support. You can learn more about them here: www.summitpartners.com. — At AXIS Capital Markets, we specialize in global #debtplacement and private market #secondaries for VC- and PE-backed companies. Learn more about us here: www.axisgroupventures.com. #privatemarket #secondaries #venturecapital #privatecredit #privateequity