solamere capital portfolio companies

Contact Email investorrelations@solameregroup.com. United States. The firm has a highly differentiated investment strategy: Identifying and collaborating with the most innovative enterprise software companies to implement proven, best-in-class revenue growth,. home market. Strategy Analytics estimates that the smart solicitation of an offer to buy, nor shall there be any sale of these To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. They like partnering with us given our strategic LP base and flexible approach. Solamere, a Boston firm with more than $1bn in assets, seeks to invest in high-growth companies and help them expand Glennmont Partners sells Portuguese solar portfolio, Adviser to Carlyle co-founder David Rubensteins family office registers with the SEC, TPGs Rise Fund II moves closer to target amid rise of impact investing, Game on: Meet the PE firms building sports empires. Mr. Lytle has more than 25 years of experience in technology investing and management, last serving as President of Longfellow Capital. Check The Appropriate Box if a Member of a Group (See Instructions) . Vivint A critical element of the firm's strategy includes the Smith Point Precision Advisory Network, which is comprised of industry-leading senior executives currently operating at many of the most innovative software companies in the world. The firm prefers to invest in the healthcare, and consumer products and services sectors across Canada and the United States. Solamere Capital LLC is an investment firm specializing in direct and fund of fund investments. For Peter and Solamere to place their confidence in Vivint as the smart including the Amazon Echo and the Nest Learning Thermostat. Founded by CEOKeith Block, former Co-CEO of Salesforce, together with Burke Norton andChris Lytle, long-time software industry executives and investors, Smith Point Capital focuses on collaborating with, and investing in, the most innovative software businesses to implement revenue growth, innovation, and operational strategies to accelerate financial and market success. For more information, visitwww.vivint.com. So employees and customers can be more connected, more innovative, and more agile. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Solamere consists of a collection of Attributes:Solamere has a unique history with backing from families represented by CEOs, former CEOs and owner-operators of mid to large cap businesses. Ryan will join Solamere Capital, a private equity firm founded by Utah Sen. Mitt Romney's son Taggart, as well as Eric Scheuermann and Spencer Zwick, as a partner. Solamere Capital is a PE firm that backs tech-focused businesses. Solamere Capital is a $2 billion multi-strategy private equity investment firm founded in 2008 that provides a vehicle that aims to enable CEOs and industry leaders to pool both their capital and their networks to source and add value to private investment opportunities. $7M-$20M EBITDA. Our records indicate that Solamere Capital invested in the VC transactions listed below. The firm looks to partner and invest in growing founder and family-led businesses with EBITDA greater than $7 million. Get the full list, To view Solamere Capital Fund IIs complete team members history, request access, Youre viewing 5 of 34 funds. Get the latest business insights from Dun & Bradstreet. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. Lists of Venture Capital and Private Equity Firms. working together to redefine the home experience.. With more than one million customers and revenue of more than $650 Solamere Capital LLC is a Venture Capital and Private Equity Principals, Investment Banking, and Finance company located in Boston, Massachusetts with $6.00 Million in revenue and 35 employees. Each CAPS. Solamere Capital was formed by a collection of influential industries to identify private equity opportunities by leveraging their unparalleled networks, business expertise, and access to compelling opportunities. All rights reserved. ScheuermannandSpencer Zwick, and Mitt Romney serves as Chairman of the provide consumers with a superior smart home experience. PROVO, Utah--(BUSINESS WIRE)--Vivint Smart Home, a leading provider of smart home technology and To ensure the most secure and best overall experience on our website, we recommend the latest versions of. +1 (857) 000-0000. The firm looks to partner and invest in growing founder and family-led businesses with EBITDA greater than $7 million. In 2008, Solamere set out to raise $200 million, and by May 2009 it had attracted $186 million from 39 investors, according to Securities and Exchange Commission records. Lists of Venture Capital and Private Equity FirmsFranchise Opportunities ContributorsBusiness Glossary. Solamere Capital Fund II is a fund of funds buyout fund managed by Solamere Capital. Find company research, competitor information, contact details & financial data for RUDAK WA AGNIESZKA RUDAK of Bydgoszcz, kujawsko-pomorskie. Vivint offers a custom platform with integrated smart home products, million, Vivint is one of the largest and fastest-growing smart home Number of Exits 1. Solamere's strategic network of investors provides the ability to invest patiently for the long-term, to be creative in structuring either minority or majority transactions, and to leverage the Solamere Network of investors and executives as we seek to create meaningful value for our portfolio companies. Copyright (C) 2023 PR Newswire. Smith Point has set a hard cap for investor commitments of $400 million for Fund I. If we are missing a portfolio company, please let us know. Solamere Capital Fund II is a large advisory firm with 19 clients and discretionary assets under management (AUM) of $3,205,113,223 (Form ADV from 2022-06-30). The fund is located in Boston, Massachusetts, and will invest in the United States. This is a profile preview from the PitchBook Platform. 2008. . | Advertise Simmons Founder & Chairman, SCF Partners Harry Sloan Chairman & CEO, Global Eagle Acquisition Corp; Former Chairman, MGM Studios Maynard Webb Former Chairman, Yahoo; Former COO, eBay Tim Wentworth Firm Inception:2008Number of Active Portfolio Investments:31Number of Realized Investments:25Investment Range:$30 - $60MCurrent Fund:Fund IIICurrent Fund Size:$650M, Leadership:Tagg Romney Co-Founder & Managing PartnerEric Scheuermann Co-Founder & Managing PartnerSpencer Zwick Co-Founder & Managing PartnerScott Hutchins PartnerPaul Ryan PartnerVaibhav Saraiya Partner, Team Members:24Primary Address:137 Newbury Street, 7th Floor, Boston, MA 02116Website:solamerecapital.comPhone Number:857-362-9213Which best describes the firm? Solamere consists of a collection of influential, strategic business leaders that use their industry expertise to access and grow superior private investments alongside high-quality management teams. With the accelerating pace of digital transformation, the increasingly mission-critical nature of software across all industries and geographies, and the dramatic reset in valuations, the Smith Point team believes the firm's launch could not come at a more promising moment to invest in, and help build, durable, industry-leading enterprise software businesses. Win whats next. Additional investors which participated in the first closing include the advisory clients of the Hillman Company, Solamere Capital, and investorDavid A. Tepperamong other institutions and individuals. Total number of employee profiles an organization has on Crunchbase, Total number of Crunchbase contacts associated with this organization, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. Smith Point has set a hard cap for investor commitments of$400Mfor Fund I. qualification under the securities laws of any such state or PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. Solamere, a Boston firm . ServiceNow, a global leader in cloudbased platform and solutions, is Smith Point's strategic partner and an anchor investor in Smith Point Capital Fund I. Operating Status Active. Prior to Longfellow, he served in various senior executive roles with enterprise software companies and as a Managing Director at Morgan Stanley leading RCL Capital. The Smith Point Capital, LLC, a San Francisco, CA and NYC-based operator-led enterprise software venture investment firm, launched the firm and held the first closing of its inaugural fund, Smith Point Capital Fund I. ServiceNow, a global leader in cloudbased platform and solutions, is Smith Points strategic partner and an anchor investor in Smith Point Capital Fund I. Mr. Block was most recently Co-Chief Executive Officer of Salesforce and served on the companys Board of Directors. Size of target portfolio companies. Read the Full Story by Signing In or Sign Up This is a profile preview from the PitchBook Platform. "Keith and the Smith Point team have an exceptional track record of success in the software industry," said ServiceNow Chairman and CEO Bill McDermott. Ou r Network. It works directly with these founders in a multi-family office capacity, providing superior service and a diversified mix of top-tier. Thiel is known for backing transformational technology companies. Year Founded. Find your B2B customer within minutes using affordable, accurate contact data from Datanyze, Solamere Capital headquarters are located in 137 Newbury St Fl 7, Boston, Massachusetts, 02116, United States, Solamere Capitals main industries are: Finance, Venture Capital & Private Equity, Solamere Capital appears in search results as Solamere Capital LLC, Solamere Capital, Solamare, Solamere Capital Fund Ii A LP, Solamere Capital Fund Ii LP, Get Free Access to Solamere Capital Contacts Info, first initials + middle initials + last initials. To explore Solamere Capital Fund IIIs full profile, request access. HQ 137 Newbury Street, 7th Floor, Boston, MA 02116, 712 Fifth Avenue, 45thFloorNew York, NY 10019, Call 857-362-9213 | Visit solamerecapital.com. Mr. Lytle has more than 25 years of experience in technology investing and management, last serving as President of Longfellow Capital. Mr. Norton was most recently Senior Managing Director at Vista Equity Partners, where he was co-head of Vistas Perennial Capital Fund, and was previously a senior executive and a member of the Executive Committee at Salesforce. 2. MediaChristina Stenson, Gladstone Place Partners415-831-7478cstenson@gladstoneplace.com, Jennifer Yank, Gladstone Place Partners212-230-5930jyank@gladstoneplace.com, InvestorsKatie Rodday, Smith Point Capitalkatie@smithpointcapital.com, View original content to download multimedia:https://www.prnewswire.com/news-releases/former-salesforce-co-ceo-keith-block-launches-enterprise-software-investment-firm-smith-point-capital-llc-301806772.html, COMTEX_430129375/2454/2023-04-25T09:00:28. companies in North America. Together with an incredible team of industry luminaries, we are bringing our operator-led investment approach to enterprise software investing.". Solamere has a committed capital . A critical element of the firms strategy includes the Smith Point Precision Advisory Network, which is comprised of senior executives currently operating at many of the most innovative software companies in the world. Investment sectors. Smith Point's co-founders include software industry veterans Burke. The former speaker of the US House of Representatives Paul Ryan, who last year joined the rush of high-profile individuals launching special-purpose acquisition companies, is going to work at the private equity firm he teamed up with in that effort. Overview Number of Portfolio Companies 1 Number of Exits 1 Primary Job Title Co-Founder and Managing Partner Primary Organization Solamere Capital Location Boston, Massachusetts, United States Regions Greater Boston Area, East Coast, New England Gender Male Investor Type Investment Partner, Individual/Angel Number of Exits 1 Mr. Block was most recently Co-Chief Executive Officer of Salesforce and served on the companys Board of Directors. Description. Founded in 2008, Solamere Capital is a $1+ billion private equity firm focused on leveraging its unique network to invest in leading middle market companies. integrated leading smart home products into its Vivint Sky platform, strategic investment will help fuel Vivints rapid growth and product Mr. Norton was previously a technology industry securities lawyer and was a partner at Wilson Sonsini. Here's a list of some of the top trending technologies and APIs used by Solamere Capital. Business Services, Consumer Growth, Industrial Growth. Browse more private equity investors: Home Smith Point Capital Launches and Holds First Closing of Inaugural Fund, REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS. Founded by CEOKeith Block, former Co-CEO of Salesforce, together with Burke Norton andChris Lytle, long-time software industry executives and investors, Smith Point Capital focuses on collaborating with, and investing in, the most innovative software businesses to implement revenue growth, innovation, and operational strategies to accelerate financial and market success. Fund Manager's Location. Solamere, a Boston firm with more than $1bn in assets, seeks to invest in high-growth companies and help them expand. Angel, Fund of Funds, Venture Capital), Whether an Organization is for profit or non-profit, General contact email for the organization, Edit Lists Featuring This Company Section, Mitt Romney's firm returns with third fund, New England Investors with Funds Raised in 2014, East Coast Investors with Funds Raised in 2018. Solamere's investment model . Ryan will join Solamere Capital, a private equity firm founded by Utah Sen. Mitt Romneys son Taggart, as well as Eric Scheuermann and Spencer Zwick, as a partner. Smith Point Capital, LLC, a San Francisco, CA and NYC-based operator-led enterprise software venture investment firm, launched the firm and held the first closing of . Mr. Norton was previously a technology industry securities lawyer and was a partner at Wilson Sonsini. Solamere Capital Fund II is based out of Boston. SOLAMERE CAPITAL FUND III, LP Funding details SOLAMERE CAPITAL FUND III, LP Industry: Pooled Investment Fund CIK Number: 0001709949 IRS Number: 821677137 Address: 137 NEWBURY STREET, 7TH FLOOR BOSTON 02116 Phone number: (857) 362-9210. For more information about a Vivint smart home, visit www.vivint.com. Phone Number +1 857 362 9205. To view Solamere Capital Fund IIs complete investments history, request access, The Western and Southern Life Insurance Company, Youre viewing 5 of 8 limited partners. The firm last filed a Form D notice of exempt offering of securities on 2014-10-27. Copyright 2012 - 2023 | citybiz | All Rights Reserved, Advertising / Media / Communications / Public Relations. Prior to Longfellow, he served in various senior executive roles with enterprise software companies and as a Managing Director at Morgan Stanley leading RCL Capital. jurisdiction. The vehicle, which raised about $360 million, is a twist on the traditional SPAC, with longer-term. About Our Private Equity Investor Database. The news and analysis powering European private equity. venture capitalist and entrepreneur who co-founded PayPal, Thiel was the solicitation or sale would be unlawful prior to registration or A critical element of the firms strategy includes the Smith Point Precision Advisory Network, which is comprised of senior executives currently operating at many of the most innovative software companies in the world. No fund closings have been recorded for this company. tech investor Peter Thiel and investment firm Solamere Capital. Under the leadership of Tagg, Eric, and Spencer, the firm continues to be active in making both direct investments in operating companies as well as partnering with other private equity and venture capital investors. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. Mr. Lytle has more than 25 years of experience in technology investing and management, last serving as President of Longfellow Capital. combines innovative products and services to offer homeowners the best Act of 1933, as amended, and may not be offered or sold in the United Smith Point will extend its own operating expertise by leveraging the experience and professional networks of the members of its Precision Advisory Network to foster impactful relationships with the management teams of Smith Point portfolio companies in order to accelerate responsible growth. Mr. Ryan will join Solamere Capital, a private-equity firm founded by Utah Sen. Mitt Romney's son Taggart, as well as Eric Scheuermann and Spencer Zwick, as a partner. Company Information. "Smith Point's differentiated, operator-led investment strategy aligns with ServiceNow's strategy, which is focused on fostering innovation in companies and markets at the leading edge of digital transformation. Solamere Capital was the main sponsor of Mr. Ryan's SPAC, Executive Network Partnering Corp. Additional investors which participated in the first closing include the advisory clients of the Hillman Company, Solamere Capital, and investorDavid A. Tepperamong other institutions and individuals. Founded Date 2008. Dedicated to redefining the home experience with intelligent products Differentiated Enterprise Software Investment Strategy. Company Type For Profit. GCI Publishing 2016-2023. fact that they are investing in our future demonstrates their passion Provo, UT 84604 USA . Solamere Capital has invested in only one tech company, according to our database records. Investor Type Fund Of Funds. All Rights Reserved. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Founders Eric Scheuermann, Mitt Romney, Spencer Zwick. Smith Point will extend its own operating expertise by leveraging the experience and professional networks of the members of its Precision Advisory Network to foster impactful relationships with the management teams of Smith Point portfolio companies in order to accelerate responsible growth. The firm believes that the combination of software investing acumen and operating expertise makes Smith Point Capital uniquely qualified to address the needs of software companies operating in today's challenging environment. The fund is located in Boston, Massachusetts. | Disclaimer Smith Point has set a hard cap for investor commitments of$400Mfor Fund I. smart home experience. storage and an array of sensors. The fund targets to invest in commercial products, consumer durables, TMT and communications and networking sectors. Why do prospects want to do business with the firm? Contact the source provider Comtex at editorial@comtex.com. not been and will not be registered under the United States Securities Dollar amounts are for the entire raise, which may include other investors. The strategic partnership between Smith Point and ServiceNow will drive a new wave of growth through the next generation of digital disruptors.". in-home consultation, professional installation and support delivered by expertise to access and grow superior private investments alongside Portfolio Companies. Solamere provides a vehicle that aims to enable CEOs and industry leaders to pool both their capital and their networks to source and add value to private investment opportunities. Additional investors which participated in the first closing of Smith Point Capital Fund I include the advisory clients of the Hillman Company, Solamere Capital, and investor David A. Tepper among other institutions and individuals. Business Services Light Industrials Healthcare . Solamere has a committed capital structure with commitments from an expansive network of 200+ strategic investors, families, business owners and senior executives covering all major industries. About Solamere Capital has invested in only one tech company, according to our database records. first outside investor in Facebook and is one of the largest :Traditional | LP FundedIndustry focus: Firm History, Firm Growth, Unique Firm Strategy, Performance. The firm's approach focuses on collaborating with, and investing in, the most innovative software businesses to implement proven, best-in-class revenue growth, innovation, and operational strategies to dramatically accelerate financial and market success. The firm has an additional office in New York. (c) an insurance company as defined in Section 3(a)(19) of the Exchange Act. The firm has a highly differentiated investment strategy: Identifying and collaborating with the most innovative enterprise software companies to implement proven, best-in-class revenue growth, innovation and operational strategies to dramatically accelerate financial and market success while building durable, industry-leading businesses. The fund is located in Boston, Massachusetts, and will invest in the United States. About Solamere Capital Solamere Capital was founded by Tagg Romney, Eric Scheuermann and Spencer Zwick, and Mitt Romney serves as Chairman of the Executive Partner Group. Under the leadership of Tagg, Eric, and Spencer, the firm continues to be active in making both direct investments in operating companies as well as partnering with . Contact Information Website www.solamerecapital.com Year Founded 2008 services, today announced a $100 million equity investment co-led by Legal Name SOLAMERE CAPITAL, LLC. and services, Vivint serves more than one million customers throughout Three of the firms listed in the Solamere prospectusSun Capital Partners, TPG Capital and TA Associatesare currently financing a lobbying campaign under a trade group called the Private. The team's expertise spans the most important attributes of enterprise software business success, including product innovation, go-to-market and ecosystem strategies, leadership and talent, customer success, and platform differentiation. 7th Floor. All rights reserved. Find top employees, contact details and business statistics at RocketReach. PR Newswire, SAN FRANCISCO and NEW YORK, April 25, 2023, Strategy pairs strong investing acumen with deep operating expertise to build durable, industry-leading software businesses with accelerated and responsible growth, Operating model supported by network of proven and highly respected executives from leading enterprise software businesses, ServiceNow will serve as a strategic partner and an anchor investor in Smith Point Capital Fund I. SAN FRANCISCO and NEW YORK, April 25, 2023 /PRNewswire/ -- Smith Point Capital, LLC ("Smith Point"), an operator-led enterprise software venture investment firm, today announced the launch of the firm and the first closing of its inaugural fund, Smith Point Capital Fund I. Smith Point Capital was founded by CEO Keith Block, former Co-CEO of Salesforce, together with Burke Norton and Chris Lytle, long-time software industry executives and investors. SOLAMERE CAPITAL FUND III, LP Filings The View contacts for Solamere Capital to access new leads and connect with decision-makers. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. This PE firm profile is powered by VentureDeal.com, a leading supplier of private equity firm tech funding data. Shelter in these stocks, says strategist, JPMorgan to take over First Republic after fourth bank failure of the year, SoFi stock surges after earnings beat as personal-lending business keeps roaring. Visit a quote page and your recently viewed tickers will be displayed here. Find company research, competitor information, contact details & financial data for Solamere Capital, LLC of Boston, MA. 2023 PitchBook. 2023 PitchBook. Smith Point Capital was founded by leading enterprise technology operators and investors. ServiceNow, a global leader in cloud-based platform and solutions, is Smith Point's strategic partner and an anchor investor in Smith Point Capital Fund I. headed, said Todd Pedersen, founder and CEO of Vivint Smart Home. If we are missing a portfolio company, please let us know. | News Why do intermediaries present opportunities and want to conduct transactions with the firm? Gaebler Ventures. The firm targets both majority and minority deals in the middle market, with investments ranging from $20 million to $80 million or more. Active, Closed, This describes the type of investor this organization is (e.g. Solamere Capital Fund II is a fund of funds buyout fund managed by Solamere Capital. | Contact high-quality management teams. We respect your privacy. company, Vivint delivers its integrated platform and products with Is there a problem with this press release? Headquarters Location 137 Newbury Street Seventh Floor Boston, Massachusetts, 02116, United States Suggest an edit Want to inform investors similar to Solamere Capital about your company? We publish a variety of newsletters featuring breaking news, deal analyses, people moves and the stories behind the headlines. its Smart Home Pros, as well as 24-7 customer care and monitoring. The fund targets to invest in commercial products, consumer durables, TMT and communications and networking sectors. Smith Point Capital, a San Francisco, CA and NYC-based operator-led enterprise software venture investment firm, launched the firm and held the first closing of its inaugural fund, Smith Point Capital Fund I. ServiceNow, a global leader in cloudbased platform and solutions, is Smith Points strategic partner and an anchor investor in Smith Point Capital Fund I. The Boston, MA-based company plans to raise $300 million by offering 12 million units, which the company calls CAPS (Capital which Aligns and Partners with a Sponsor), at $25. All rights reserved. For more information, visit www.smithpointcapital.com. securities in any state or jurisdiction in which such an offer, Location. Solamere Capital Fund III is a fund of funds buyout fund managed by Solamere Capital. home leader is a huge validation of what we have built and where we are Former Salesforce Co-CEO Keith Block Launches Enterprise Software Investment Firm, Smith Point Capital, LLC, Apr 25, 2023 (PRNewswire via COMTEX) -- The Smith Point team's decades of experience as highly successful enterprise software operators and investors forms the foundation of the firm's differentiated strategy. Mr. Norton was most recently Senior Managing Director at Vista Equity Partners, where he was co-head of Vista's Perennial Capital Fund, and was previously a senior executive and a member of the Executive Committee at Salesforce. the U.S. and Canada. Prior to Salesforce, he served as Executive Vice President ofNorth Americaat Oracle. You can also contact MarketWatch Customer Service via our Customer Center. Founded in 2008, Solamere Capital is a private equity investment firm based in Boston, Massachusetts. Vivint Public RelationsLiz Tanner, 801-229-6956liz.tanner@vivint.com, Peter Thiel and Solamere Capital Co-Lead $100 Million Investment in Vivint Smart Home, Internet Explorer presents a security risk. Solamere Capital was founded by Tagg Romney, Eric Scheuermann and Spencer Zwick, and Mitt Romney serves as Chairman of the Executive Partner Group. This press release shall not constitute an offer to sell or the in-home consultation, professional installation and support delivered by shareholders of Airbnb. We look forward to To explore Solamere Capital Fund IIs full profile, request access. The shares of equity securities offered in the private placement have Prior to Longfellow, he served in various senior executive roles with enterprise software companies and as a Managing Director at Morgan Stanley leading RCL Capital. The MarketWatch News Department was not involved in the creation of this content. Sign up with your email address to receive news and updates. Additional investors which participated in the first closing include the advisory clients of the Hillman Company, Solamere Capital, and investor David A. Tepper among other institutions and As the only vertically integrated smart home This information is available in the PitchBook Platform. Vivint Smart Home is a leading provider of smart home technology. Boston, MA 02116. Solamere's strategic network of investors provides the ability to invest patiently for the long-term, to be creative in structuring either minority or majority transactions, and to leverage the Solamere Network of investors and executives as we seek to create meaningful value for our portfolio companies.

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