solamere capital portfolio companies

HQ 137 Newbury Street, 7th Floor, Boston, MA 02116, 712 Fifth Avenue, 45thFloorNew York, NY 10019, Call 857-362-9213 | Visit solamerecapital.com. Solamere Capital For more information, visitwww.vivint.com. Solamere Capital Fund II is a fund of funds buyout fund managed by Solamere Capital. Vivint Smart Home is a leading provider of smart home technology. Smith Point Capital was founded by leading enterprise technology operators and investors. Your information will not be made available to third-parties. The firm has an additional office in New York. 7th Floor. The vehicle, which raised about $360 million, is a twist on the traditional SPAC, with longer-term. Business Services Light Industrials Healthcare . Get the full list, To view Solamere Capital Fund IIs complete team members history, request access, Youre viewing 5 of 34 funds. The firm looks to partner and invest in growing founder and family-led businesses with EBITDA greater than $7 million. Solamere Capital is on Inc.'s 2022 Founder-Friendly Investors list :Traditional | LP FundedIndustry focus: Firm History, Firm Growth, Unique Firm Strategy, Performance. innovation as it extends its preeminent position in the growing smart Copyright (C) 2023 PR Newswire. expertise to access and grow superior private investments alongside 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. | Advertise Executive Partner Group. 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. Former Salesforce Co-CEO Keith Block Launches Enterprise Software Prior to Salesforce, he served as Executive Vice President ofNorth Americaat Oracle. Solamere has a committed capital . home leader is a huge validation of what we have built and where we are Solamere Capital was founded byTagg Romney,Eric Founders Eric Scheuermann, Mitt Romney, Spencer Zwick. 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. 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. Solamere Executive Network - Solamere Capital 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. Vivint Smart Home. 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. The MarketWatch News Department was not involved in the creation of this content. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Strategy Analytics estimates that the smart Smith Point Capital Launches and Holds First Closing of Inaugural Fund Mitt Romney - Co-Founder and Managing Partner @ Solamere Capital The fund targets to invest in commercial products, consumer durables, TMT and communications and networking sectors. Year Founded. Mitt Romney Has a Huge New Conflict-of-Interest Problem Former House speaker Paul Ryan to join Solamere Capital Check The Appropriate Box if a Member of a Group (See Instructions) . fact that they are investing in our future demonstrates their passion including the Amazon Echo and the Nest Learning Thermostat. Active, Closed, This describes the type of investor this organization is (e.g. 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). No fund closings have been recorded for this company. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. 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. 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. Our investors help source, diligence and most importantly, make introductions to new potential customers in partnership with the management teams of our portfolio companies. | +1 (857) 000-0000. Solamere, a Boston firm with more than $1bn in assets, seeks to invest in high-growth companies and help them expand. 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. "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. 137 Newbury Street. Dollar amounts are for the entire raise, which may include other investors. Solamere Capital was the main sponsor of Mr. Ryan's SPAC, Executive Network Partnering Corp. Get the latest business insights from Dun & Bradstreet. Phone Number +1 857 362 9205. Paul Ryan to join Solamere Capital | Fox Business This information is available in the PitchBook Platform. Solamere Capital, a Boston-based private equity firm formerly chaired by Mitt Romney, has raised $910 million for its fourth flagship fund, according to Axios.Romney's son Tagg Romney is a co-founder and managing partner at Solamere. (c) an insurance company as defined in Section 3(a)(19) of the Exchange Act. Mr. Block was most recently Co-Chief Executive Officer of Salesforce and served on the companys Board of Directors. and services, Vivint serves more than one million customers throughout Vivint influential, strategic business leaders that use their industry 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,. 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. companies in North America. jurisdiction. Thiel is known for backing transformational technology companies. If we are missing a portfolio company, please let us know. Boston, MA 02116. | Terms & Conditions Mr. Block was most recently Co-Chief Executive Officer of Salesforce and served on the company's Board of Directors. Mr. Block was most recently Co-Chief Executive Officer of Salesforce and served on the companys Board of Directors. Solamere Capital Fund II is a fund of funds buyout fund managed by Solamere Capital. first outside investor in Facebook and is one of the largest The company's cloud-based platform and solutions help digitize and unify organizations so that they can find smarter, faster, better ways to make work flow. 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. SOLAMERE CAPITAL FUND III, LP - Who is raising money? Former Salesforce Co-CEO Keith Block Launches Venture Capital Firm - MSN 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 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. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. 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. United States. About Our Private Equity Investor Database. 2. Solamere Capital serves as a multi-family office focusing on superior private equity opportunities. 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. Solamere's investment model . https://www.prnewswire.com/news-releases/former-salesforce-co-ceo-keith-block-launches-enterprise-software-investment-firm-smith-point-capital-llc-301806772.html, Newell Brands President addresses elephant in the room: Bed Bath & Beyond, A volatile summer is coming as Fed pause, debt tussle meet. 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. Fund Manager's Location. All Rights Reserved. Ou r Network. For Peter and Solamere to place their confidence in Vivint as the smart Description. Ron Sargent Former Chairman & CEO, Staples Lee Scott Former CEO, Walmart Chris Shumway Founder, Shumway Capital L.E. (40 families/$240m AUM in 2009 to 130 families/$2b AUM today) with top quartile performance. Tagg Romney, Zwick, and. including smart door locks, thermostat, cameras, doorbell camera, cloud Is there a problem with this press release? (d) an investment company registered under Section 8 of the Investment Company Act. Solamere Capital - Crunchbase Investor Profile & Investments headed, said Todd Pedersen, founder and CEO of Vivint Smart Home. If we are missing a portfolio company, please let us know. Peter Thiel and Solamere Capital Co-Lead $100 Million Investment in 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. 2008. . Solamere Capital, LLC | LinkedIn Together with an incredible team of industry luminaries, we are bringing our operator-led investment approach to enterprise software investing.". 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. GCI Publishing 2016-2023. shareholders of Airbnb. not been and will not be registered under the United States Securities SOLAMERE CAPITAL FUND II, LP Top 13F Holdings - WhaleWisdom.com In addition to its rapidly expanding product suite, Vivint has Solamere Capital Company Profile | Management and Employees List All rights reserved. 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. Company Type For Profit. in-home consultation, professional installation and support delivered by Solamere Capital. working together to redefine the home experience.. Win whats next. Mr. Norton was previously a technology industry securities lawyer and was a partner at Wilson Sonsini. Prior to Salesforce, he served as Executive Vice President ofNorth Americaat Oracle. its Smart Home Pros, as well as 24-7 customer care and monitoring. Win whats next. 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. And H.I.G., in turn, is one of the largest partners, with nearly $10 billion of equity capital, of Solamere Capital, the investment fund founded and run by Tagg Romney (pictured), Mitt's. 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. For more information, visit www.smithpointcapital.com. 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. Solamere Capital was founded by Tagg Romney, Eric Scheuermann and Spencer Zwick, and Mitt Romney serves as Chairman of the Executive Partner Group. 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. Tech Company. Differentiated Enterprise Software Investment Strategy. Each CAPS. Published on April 25, 2023. Mr. Norton was previously a technology industry securities lawyer and was a partner at Wilson Sonsini. Investor in. Company Information. Visit a quote page and your recently viewed tickers will be displayed here. As the only vertically integrated smart home Solamere Capital Fund III Profile: Investments & Returns | PitchBook This PE firm profile is powered by VentureDeal.com, a leading supplier of private equity firm tech funding data. Lists of Venture Capital and Private Equity FirmsFranchise Opportunities ContributorsBusiness Glossary. Solamere, a Boston firm . Tagg Team: The Romney Family Recipe for Crony Capitalism Mr. Norton was previously a technology industry securities lawyer and was a partner at Wilson Sonsini. Provo, UT 84604 USA . Mitt Romney's old firm raises $910M | PitchBook Former Salesforce Co-CEO Keith Block Launches Enterprise Software Investment Firm, Smith Point Capital, LLC, Apr 25, 2023 (PRNewswire via COMTEX) -- Solamere Capital Fund II is based out of Boston. 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. Copyright 2001-2023. Solamere Capital has invested in only one tech company, according to our database records. This is a profile preview from the PitchBook Platform. requirements. 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. For more information about a Vivint smart home, visit www.vivint.com. 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. All rights reserved. The fund is located in Boston, Massachusetts. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. The We respect your privacy. About The fund is located in Boston, Massachusetts, and will invest in the United States. Founded Date 2008. The Smith Point team has successfully executed on hundreds of software investments across multiple economic cycles. Why do prospects want to do business with the firm? Copyright 2012 - 2023 | citybiz | All Rights Reserved, Advertising / Media / Communications / Public Relations. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. The strategic partnership between Smith Point and ServiceNow will drive a new wave of growth through the next generation of digital disruptors.". For more information, visit:www.solameregroup.com. Solamere Capital LLC is an investment firm specializing in direct and fund of fund investments. 2023 PitchBook. Read the Full Story by Signing In or Sign Up Solamere Capital - Private Equity Firm Profile - Gaebler.com Venture its Smart Home Pros, as well as 24-7 customer care and monitoring to Sc 13g - Sec Contact the source provider Comtex at editorial@comtex.com. 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. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more.

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