Summit Partners is back in the market for its third debt fund, Summit Partners Credit III. Based in Boston, the firm invests in a variety of transactions, including growth capital, recapitalisations, acquisitions, leveraged buyouts, distressed situations and rescue financings, according to the firm’s website. Investments range from $10 million-$150 million. Below are key figures for the firm’s latest fundraise.
By the numbers: Summit Partners’ latest fundraise
The firm has surpassed the targets for its past two funds, which have been mainly made up of non-private equity-backed companies, and is almost halfway to the third fund's target.