Companies are increasingly turning to providers of outsourced, specialized business services to help them become more efficient and focus on their core offering. Summit targets entrepreneurial companies in this sector that allow their customers to lower costs, improve the quality of their offerings, and increase revenue growth.
Since 1984, Summit Partners has made growth equity investments in more than 60 business services companies. We have helped build many category-leading companies within a variety of subsectors, including transaction processing, environmental services, staffing resources and information services. With more than 30 public offerings and strategic mergers in the business services industry, Summit has a proven track record of creating value for management and shareholders alike.
Here are some examples:
- Summit helped EMED Co., Inc., recruit seasoned direct-mail professional Tom Fay as CEO. A yearlong improvement effort focused on expanding relationships with the best customers, developing relationships with new clients and creating an outbound telemarketing operation.
- With financing from Summit, FleetCor Technologies, Inc., was able to step up its investments in technology, expand its card acceptance and salesforce coverage, and complete nearly 25 acquisitions—thereby quadrupling the company’s revenues.
To learn more about investments in the business services industry, please view our portfolio.