Summit Partners

Private Equity And Venture Capital
For Growth Companies

Investments

Litchfield Financial Corporation

Stamford, Vermont

Industry
  • Financial Technology & Services
Date Invested
  • 1988
Status
  • Former Portfolio Company
Description

Litchfield Financial Corporation is a secured consumer finance company that originates, purchases, services and sells first mortgage loans on subdivided rural lands for residential and recreational use.

The company completed its initial public offering in 1992 (NASDAQ: LTCH). It was acquired by Textron Financial Corporation in 1999.