Global energy markets are in transition. Driven by emerging economies such as China and India, energy demand is increasing dramatically. Concurrently, environmental concerns, geopolitical risks, and a depletion of natural resources are driving a long-term shift from traditional oil and gas to alternative energy. Summit Partners works with growth companies that develop differentiated technologies and services, helping them to capitalize on these dynamics and position themselves as new market leaders.
Here are some examples:
- With financing from Summit, FleetCor Technologies, Inc., was able to step up investments in technology, expand card acceptance and salesforce coverage, and make nearly 25 acquisitions, quadrupling its revenues.
Summit helped Bartlett Holdings, Inc., recruit key members for its management team and board – including those with U.S. Department of Energy contacts – and also assisted in sourcing and closing acquisitions.
Summit has helped Welltec International hire an experienced CFO, and is working with management to bring the company's reporting and systems to public company standards. Summit has also worked with the founder to expand the board of directors with the addition of several experienced industry executives.
To learn more about our investments in the energy industry, please view our portfolio.