As an Advisory Partner, Peter works closely with Summit’s Technology team, supporting current portfolio companies and helping identify new investment opportunities. He currently serves as a board director at Syndigo, Trintech, Hallmark Health Care, Solutionreach and Ylopo.
Peter’s prior investment and board experience includes Answers (acquired by Apax Partners), Ascentis (acquired by UKG), Healthline Media (acquired by Red Ventures), HelpSystems (acquired by H.I.G. Capital), Infor (acquired by Golden Gate Capital and Koch Equity Development), ISH (acquired by PwC), MercuryGate (acquired by Körber Supply Chain Software), Perforce Software (acquired by Clearlake Capital), Rocket Fuel (Nasdaq: FUEL), Salient Partners, Snap Fitness (acquired by TZP Capital Partners), Solid State Equipment (acquired by Veeco Instruments) and Systems Maintenance Services (acquired by Partners Group).
Prior to Summit, Peter worked for KSL Capital Partners, Stone Arch Capital and RBC Capital Markets.
Peter holds a BS in finance from the Carlson School of Management at the University of Minnesota and an MBA from the Stanford Graduate School of Business. He is a member of the Board of Overseers of the Carlson School of Management at the University of Minnesota.
Advisory Partners are a group of persons employed and/or retained by Summit or any of its affiliates (and include both Summit and/or portfolio company employees and individuals not employed by Summit or any portfolio company), on either a full or part time basis, to provide certain functional and other services to Summit, the Summit funds and their portfolio companies. Advisory Partners are expected to receive expense reimbursements and compensation (including salary, retainer, fees, incentive equity, stock awards or other profits interests) from Summit, portfolio companies, prospective portfolio companies and/or directly from a Summit fund, and are permitted to receive carried interest in one or more Summit funds. Such compensation will be in addition to, and will not result in offsets to or reductions of, the management fee paid to Summit by the fund. Advisory Partners are expected to work closely with Summit on various functional matters including, not limited to, business development activities, collaborate with investment teams to identify new investment opportunities, team with portfolio company leaders to help shape growth strategies focused on long-term value creation, or hold board seats at portfolio companies.
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