BluWave Recognizes Summit Partners as a 2024 Top PE Innovator Award

Date
February 21, 2024
Company Profiles
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Summit Team
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BluWave, the Business Builders’ Network that connects the private equity industry with specialized service providers, independent consultants and executive talent, today announced Summit Partners as a 2024 Top PE Innovator Award winner*.

BluWave’s third annual Top Private Equity Innovator Awards recognize the top 2% of private equity firms that differentially embrace proactive due diligence, value creation, modern private equity firm operations and corporate citizenship practices.

The Top Private Equity Innovator awardees were selected by a cross-functional committee that assessed candidates in consultation with a broad universe of limited partners, investment bankers, industry thought leaders and service providers in the private equity ecosystem. As part of their selection process, the committee evaluated more than 5,000 private equity firms and utilized more than 75 different factors, incorporating more than 400,000 data points.

The Top Private Equity Innovator Awards are distinctive in that they involve no financial obligations from any participants and the selection process is independent of any customer relationships. For further information on the BluWave 2024 Top Private Equity Innovator Awards, including the selection process, selection criteria and recipients, please visit bluwave.net/awards.

About Summit Partners
Founded in 1984, Summit Partners is a global alternative investment firm with capital dedicated to growth equity, fixed income, and public equity opportunities. The Summit Partners’ strategy is grounded in a foundational believe that profitable growth is the most reliable path to building a durable business and creating long-term value. For four decades, the Summit team has focused on partnering with and powering the growth of great people and great companies. Summit invests across growth sectors of the economy and has invested in more than 550 companies in technology, healthcare, and other growth industries. Summit maintains offices in North America and Europe and invests in companies around the world.

About BluWave
BluWave is the Business Builders’ Network for private equity-grade service provider needs. The company’s platform combines AI, technology and data with concierge-like consultative support to expertly connect businesses with proven providers across due diligence, value creation and prep for sale. The BluWave Vetted™ network is an invite-only ecosystem of top-tier service-providing groups and individuals. Based in Nashville, Tenn., BluWave ranks as one of America’s fastest-growing companies and today serves hundreds of leading private equity firms and their thousands of portfolio companies.

Visit BluWave.net to learn more.

*BluWave, LP has not received investment capital from and holds no ownership interest in the PE firms evaluated or recognized under the PE Innovator awards program. BluWave received no compensation from any of the PE firms in connection with this awards program. BluWave, however, may otherwise provide services to the PE firms and/or portfolio companies, but BluWave confirms that its assessment of the PE firms was independent of any such service arrangements. Top 2% in the PE industry is based on BluWave’s review of the more than 5,000 PE firms in the U.S. and Canada, from which the 82 private equity firms were selected as award recipients.

Award selections are determined based on BluWave, LP’s evaluation of each nominee’s due diligence, value creation, firm operations and corporate citizenship practices. To view the full list of honorees and read more about the selection methodology, visit BluWave’s website.  Summit Partners did not have a role in the nomination/submission process for this award. This award is the opinion of the party conferring the award and not of Summit Partners. There can be no assurance that other providers or surveys would reach the same conclusion as the foregoing.

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