A strong, independent board of directors can help your company analyze its strengths and weaknesses, identify industry trends and emerging markets, and provide complementary knowledge and fresh perspective to your management team. More important, the right board can set the course for your next stage of growth, helping you upgrade your financial reporting infrastructure, identify likely merger-and-acquisition targets and broaden your network in investment banking and lending communities.
Summit Partners has the industry contacts needed to find and attract top talent to your board. Since 1984, Summit Partners has helped more than 300 growing companies build strong boards and successfully transition from small, closely held companies to larger, more substantial firms ready for an IPO or strategic merger.
Here are some examples:
- Summit recruited Jim Perakis, the former chairman, president, and CEO of Hyperion Software Corporation, to serve on the boards of Unica Corporation and Sparta Systems, Inc.
- With Summit’s assistance, Blue Ocean Software, Inc., recruited two world-class software CEOs as board directors: Gordon Eubanks, formerly CEO of Symantec, and Roger Roberts, previously CEO of Citrix Systems.
- Summit worked with AlphaSmart, Inc., to expand its board of directors. The board provided strategic advice on evaluating high-potential brand extensions, such as a palm-based product platform for students and online communities for teachers and school districts.
- Summit assisted M-Audio, Inc., in bringing on seasoned executives as board members to help the company refine its marketing and operations strategy, upgrade its financial systems and focus on entering the consumer market.
Summit Partners has helped many other companies grow through the building of a world-class board of directors. Read these case studies to learn more: