Summit Partners seeks outstanding management teams that have self-financed their companies
to profitability and market leadership. These successful companies have strong business models,
records of revenue and earnings growth, and the leadership capacity to sustain that growth.
Since our founding in 1984, Summit Partners has raised more than $11 billion in capital, and
has invested in more than 320 profitable, rapidly growing businesses across North America,
Europe, and Asia. These companies have completed 125 successful public offerings and more
than 130 strategic sales or mergers.
Whether Summit takes a minority or majority ownership position, our approach is the same.
We view ourselves as a hands-off investor that provides strategic guidance to help proven,
existing management teams reach their companies’ full growth potential.
PRIVATE EQUITY AND VENTURE CAPITAL FOR GROWTH COMPANIES
2
Substantial Capital to Invest We have raised more than $11 billion in capital
to invest in growing businesses. In 1984, we
introduced our first equity fund totaling $160
million. Since then, we have added nine funds
focused on private equity and venture capital,
and four subordinated debt funds.
Track Record in Driving GrowthSummit Partners has more than 25 years of
proven experience in helping companies increase
the value of their growing businesses. As board
members, we support management teams with
strategic guidance to enhance infrastructure,
assist in executive and board recruiting, and
provide financial advice.
Large, Experienced TeamLed by one of the largest teams in the business,
we offer considerable depth and expertise. Today,
Summit Partners employs more than 90 investment
professionals in our Boston, Palo Alto, and
London offices. In addition, our managing
directors collectively bring more than 200 years
of private equity and venture capital experience,
and individually average more than 14 years.
International PresenceWith portfolio companies headquartered across
North America, Europe, and Asia—along with
major operations around the world—we are
ideally positioned to help your company expand
internationally. Our London office is staffed
with European nationals who collectively speak
more than a dozen languages.
In the pages that follow, we provide insights into
companies’ rationales for raising capital, explain
the investment profile we seek, and introduce
business owners with whom we have worked.
Our Value to Your Growing Company
Summit Partners offers equity and subordinated debt financing to meet your company’s capital needs.
Our investment team brings you considerable depth and proven experience in growing businesses.
CUMULATIVE CAPITAL RAISED
$1 billion
$2 billion
$3 billion
$4 billion
$5 billion
$6 billion
$0
1984
1986
1988
1992
1996
2000
1990
1994
2004
1998
2002
$7 billion
$8 billion
$9 billion
2006
2008
$10 billion
$11 billion
$12 billion
$ in billions
PRIVATE EQUITY, VENTURE CAPITAL, AND SUBORDINATED DEBT FUNDS
1984 $160M Summit Ventures
1988 $230M Summit Ventures II
1992 $280M Summit Ventures III
1994 $140M Summit Subordinated Debt Fund
1995 $610M Summit Ventures IV
1997 $335M Summit Subordinated Debt Fund II
1998 $1.12B Summit Ventures V
1999 $170M Summit Accelerator Fund
2001 $2.08B Summit Ventures VI
2004 $465M Summit Subordinated Debt Fund III
2006 $3.10B Summit Partners Private Equity Fund VII
2006 $310M Summit Partners Venture Capital Fund II
2008 € 1.05B Summit Partners Europe Private Equity Fund
2008 $840M Summit Partners Subordinated Debt Fund IV
Since 1984, Summit Partners has raised more than $11 billion to meet the capital needs of entrepreneurs.
Size and structure of investments We can invest as little as $5 million to more than $500 million per company from our combined equity and subordinated debt funds. To meet your capitalneeds, we offer three financing vehicles:
Private Equity Funds: Growth equity, shareholder liquidity, recapitalization, and management buyoutinvestments of $30 million to more than $500 million
Venture Capital Funds: Growth equity and shareholderliquidity investments of $5 million to $30 million
Subordinated Debt Funds: Mezzanine debt financingof up to $125 million, available in conjunction with aSummit Partners equity investment
4
4
Reasons Companies Take Capital
Uses of CapitalWhether we invest as a minority or majority
partner, entrepreneurs and management teams
can use our equity and subordinated debt
financing to achieve a variety of objectives.
Growth equity
Growth equity allows a business to expand
more rapidly or take advantage of opportunities
that require immediate capital. Your company
can use growth capital to finance product
development, operations upgrades, new sales or
marketing initiatives, geographic expansion,
and other growth objectives. Furthermore, you
can use this capital to strengthen your balance
sheet, pay down debt, or finance organic and
acquisition-based growth strategies. Typically,
Summit Partners will take a minority ownership
position in your company. That way, your
management team can retain strategic and
operational control of the business, while
tapping new resources that can take your
company to the next level.
Shareholder liquidity
Shareholder liquidity provides cash for
founders and other shareholders seeking to
sell a minority stake in a business and diversify
their financial holdings, while remaining at the
helm of the business. With this liquidity, you
can reap the rewards of your hard work and
diversify your personal wealth—without giving
up control of the business. Shareholder liquidity
financing often is used in conjunction with
other objectives, such as growth capital and
acquisition financing.
We provide flexible financing options to help you achieve your immediate and long-term goals.
“Many firms can provide you with money, but Summit Partners offers
more. Summit is different because they will help you formulate ideas
without trying to run your business. They talk you through what you
are trying to accomplish with your organization and then provide the
expertise, contacts, and resources to make it happen.”
— T O M FAY, F O R M E R P R E S I D E N T, E M E D C O . , I N C .
55
Recapitalizations
Recapitalizations provide liquidity for
shareholders seeking to sell the majority of
a business, while allowing them to retain
operational leadership or work with Summit
to bring in a new management team. Business
owners may use recapitalization financing to
fund ownership transitions in their companies
or to sell a majority interest in their firms. A
recapitalization transaction also may be viewed
as an alternative to an initial public offering
(IPO) or merger. Through recapitalizations,
Summit Partners has helped many business
owners sell a significant portion of their
holdings and diversify their personal wealth,
while continuing to manage and retain
ownership of the company.
Management buyouts
Management buyouts allow a management
team to buy the business, while creating
ownership incentives for new shareholders.
In buyouts, Summit works with management
to purchase a majority of the business—
generally combining equity, subordinated
debt, and senior debt financing. Management
buyouts can be useful in transferring ownership
from retiring or inactive founders, a corporate
parent, or other significant shareholders
to the current management team and
Summit Partners. To ensure that cash flow
is available to fund future growth initiatives,
we structure transactions with modest debt.
6
Our Approach
Building Long-Term ValueWe identify exceptional companies with great
management teams and support them as they
grow. At Summit, we believe that our investor
role has three key components:
Driving growth
We provide entrepreneurs and management
teams with strategic guidance to help deliver
continued profitability and increased earnings.
Enhancing infrastructure
We help you build a valuable infrastructure of
systems, processes, controls, and reporting
mechanisms. This not only provides you with
valuable feedback on drivers of success, but also
helps you focus on the most critical challenges.
Fortifying your leadership position
We offer you a broad perspective of the market
environment—identifying trends, opportunities,
challenges, and competitive issues. We then help
you apply these insights to build on your
company’s strengths, fill management gaps,
and expand your competitive position.
Summit Partners can help you strengthen your
core business and provide advice on long-term
growth strategy in a number of key areas,
including:
• Entering new distribution channels, markets,
or geographies
• Expanding through acquisitions
• Recruiting experienced management and
board candidates
• Establishing stock option, compensation,
and incentive programs
• Laying the groundwork for an eventual
initial public offering or merger
We believe that great companies are built by great management teams—not by investors.
“Summit provided the capital and strategic advice that helped my
business evolve from a small physician’s office into a leading
management organization for neonatal and perinatal physicians.”
— R O G E R M E D E L , M D , C E O , P E D I AT R I X M E D I C A L G R O U P, I N C .
7777
“Summit Partners allowed us to do
what we do best—manage our
business—while adding important
insight into the issues that growing
companies face.”
— N E D B E N N E T T, D AV I D K A LT,
A N D J I M G R AY
C O F O U N D E R S
Summit helped optionsXpress, an online stock
and options brokerage, build an infrastructure
for growth and prepare for a successful IPO.
In 2000, Ned Bennett, David Kalt, and Jim Gray founded optionsXpress in Chicago. The
company was created to fill an underserved yet growing niche in online brokerage—retail
equity options trading. With innovative tools to automate options education, evaluation,
and execution, optionsXpress grew rapidly, reaching more than 100,000 accounts and
generating $93 million in revenues and $52 million in pre-tax income during 2004.
The firm was recognized as the leading online securities brokerage by Barron’s for four
consecutive years. Yet, the founders were not primarily looking for capital when they
began evaluating private equity partners. Instead, they sought assistance in managing
the company’s explosive growth and in adding the infrastructure and management talent
needed for an eventual initial public offering.
In 2004, Summit Partners invested approximately $90 million in optionsXpress, providing
liquidity to early shareholders and allowing the firm time to fully consider its IPO strategy.
“Summit helped us formalize our management team and process, and made sure we
had the infrastructure to handle very rapid growth,” explained Gray. Summit assisted
optionsXpress in building its board and helped recruit an experienced CFO. Next, Summit
helped the optionsXpress team understand the IPO process and provided introductions
to key players in the public markets.
optionsXpress (NASDAQ: OXPS) went public in January 2005. The company continues
to provide innovative securities brokerage products and services for investor education,
strategy evaluation, and trade execution. Currently, the company serves more than
285,000 customers.
O P T I O N S X P R E S S H O L D I N G S , I N C .
C H I C A G O , I L L I N O I S
“Summit Partners supported our growth initiatives, provided
valuable strategic advice, and offered access to U.S. acquirers
and investment banks—dramatically increasing our company’s
value.” — M A R C S A M W E R , C O F O U N D E R , J A M B A ! A G
8
A Global Presence
Growing businesses are becoming increasingly
international in scope, with operations,
customers, and partners situated around the
world. With offices on both sides of the
Atlantic Ocean—and serving portfolio
companies with worldwide operations—
Summit Partners brings the investment
expertise, strong relationships, and global
perspective needed to help your company
expand internationally.
Our portfolio companies are headquartered
across North America, Europe, and Asia—
and have major operations in Russia, Eastern
Europe, China, Japan, India, Australia, and
other countries—giving us a global network
of business owners, industry experts, and
financial institutions. Coupled with our
cross-sector industry expertise, this invaluable
network provides the tools and strategic insights
needed to fuel the growth of your business.
Whether your company is based in Europe
or North America, Summit Partners is ideally
positioned to assist you in expanding beyond
your home markets into new geographies, both
organically and by acquisition. Our London
office is staffed with European nationals who
collectively speak more than a dozen languages,
giving us the ability to help your business
move into European markets. For European
companies seeking to expand into North
America, Summit also is an ideal partner,
with broad industry connections throughout
the United States and Canada.
Our €1.05 billion Europe private equity fund,raised in 2008, provides a dedicated pool of
capital for investment in rapidly growing
European companies.
When you work with Summit Partners, you have access to a strong network of entrepreneurs and
financial advisors across North America, Europe, and Asia.
8
“When Summit invested in our
business, we were immediately
perceived as a more substantial
company. Customers, vendors,
potential partners, and acquisition
candidates all viewed us more
positively, simply because a firm
of Summit’s caliber had confidence
in us.”
— G E R H A R D WAT Z I N G E R
F O R M E R C E O
Summit’s financing helped SafeBoot accelerate its
growth in the encryption software market, while
allowing the company to retire early shareholders.
SafeBoot Holdings established itself as a pioneer in central management for end-point
security. Launched in 1991, the company answered the growing corporate demand for
encryption software and management systems on laptops and other mobile data security
applications. By 2005, SafeBoot had rapidly grown to become the vendor-of-choice
for leading global organizations, serving an extensive list of Fortune 1000 clients. As
information security became a top corporate priority, the management team saw
tremendous growth potential. To that end, SafeBoot sought a financial partner that
could provide liquidity for early shareholders without compromising the company’s
growth strategy.
Summit Partners invested €39 million in a recapitalization in October 2005, retiring early
investors. Over the next several years, Summit and the company’s management worked
to enhance SafeBoot’s growth, upgrade its systems and reporting to public company
levels, and recruit a new independent board member. Summit supported SafeBoot’s
continued expansion by advising the company’s management team on both operational
and strategic issues. More important, Summit’s involvement raised SafeBoot’s profile
among its customers, vendors, and acquisition candidates.
By 2007, SafeBoot had become a leading mobile data security provider, delivering its
state-of-the-art encryption and access control technologies to 5 million users in more than
75 countries. Its base of 4,200 customers included more than 150 of the Fortune 500
companies. After achieving 20 consecutive quarters of growth and profitability, SafeBoot
began to pursue an initial public offering. At the same time, McAfee (NYSE: MFE) offered
to buy the company for $350 million. When the acquisition was completed in November
2007, SafeBoot became the cornerstone of McAfee’s Data Protection Product Business
Unit led by SafeBoot’s Gerhard Watzinger.
S A F E B O O T H O L D I N G S B V
N I E U W E G E I N , T H E N E T H E R L A N D S
Why Summit
We recognize that selecting the right investor
to fund your company’s continued growth is
a vital decision. You want a seasoned investor
with extensive financial resources, as well as a
committed long-term partner who shares your
goals and values. At Summit Partners, we support
our entrepreneurs not only with capital, but also
with perspective and experience.
Strategies for GrowthAs board members, we have more than two
decades of experience providing strategic advice.
Summit can help your company build a strong
board, augment your existing management team,
and source and evaluate acquisitions, joint
ventures, and partnerships. We have helped many
companies implement best practices in finance,
corporate organization, product development,
and sales and marketing.
Flexible Financing OptionsMost business owners and management teams
eventually reach a crossroads, as they consider
taking on outside capital to fund the company’s
future growth. Summit offers both equity and
subordinated debt financing that can be used to
achieve a broad range of personal and business
objectives: growth capital, shareholder liquidity,
recapitalizations, and management buyouts.
Further, we are equally comfortable investing
in minority or majority positions.
Industry ExperienceWe have invested in more than 320 companies
and bring deep industry experience across many
sectors. Since 1984, Summit has primarily invested
in business services, communications technology
and services, consumer products, education,
energy, financial services, healthcare and life
sciences, industrial products, Internet and
information services, media and entertainment,
semiconductors and electronics, and software.
We invest as partners with management teams—and then work together to build long-term value.
10
“Summit Partners helped us to augment our financial department,
hire a CFO, and establish sophisticated financial reporting systems.
As a result, we already had much of the required financial
infrastructure in place by the time we did go public in 2006.”
— I N G R I D J A C K E L , C E O A N D C H A I RW O M A N O F T H E B O A R D ,
P H Y S I C I A N S F O R M U L A H O L D I N G S , I N C .
1111
“Summit Partners supported our
strategy to ramp up a new, unproven
product line that grew to 60 percent
of total revenues in a single year.”
— M I C H A E L F I T Z PAT R I C K
F O R M E R C H A I R M A N , P R E S I D E N T,
A N D C E O
Summit Partners’ financing and strategic advice
helped E-TEK Dynamics expand its fiber optics
business through new product offerings and
acquisition growth.
When Michael Fitzpatrick was recruited by Summit Partners to join Silicon Valley-based
E-TEK Dynamics as president and CEO in 1997, this family-owned optical components
manufacturer had been in business for 14 years. Summit Partners led a $120 million
recapitalization of E-TEK, allowing cofounders J.J. and Theresa Pan to diversify their net
worth, while enlisting Summit as an active and experienced partner to help them build
a senior management team and rapidly expand their business.
Fitzpatrick quickly recruited a world-class management team, rebuilt the company’s
infrastructure, and reformulated a strategic plan. Together with Sanjay Subhedar,
COO of E-TEK, he then proposed a new direction to the board.
“We saw that E-TEK’s major products were becoming commodities, while a new
technology called Wavelength Division Multiplexing (WDM) held promise,” says
Fitzpatrick. WDM technology allows network operators to increase the capacity of
their existing fiber optic networks. The only complication: E-TEK could not buy several
critical components, which were distributed only through a competitor, to complete
the WDM process.
Summit Partners supported E-TEK’s move into WDM technology and its plan to build
low-cost manufacturing facilities in Asia. “Summit provided support, advice, and contacts,
yet allowed us to run the company,” says Subhedar. Over the next three years, Summit
assisted management through initial and follow-on public offerings and two strategic
acquisitions. During that period, E-TEK grew from $70 million to $1 billion in revenues,
and from 300 to 5,000 employees. E-TEK merged with JDS Uniphase (NASDAQ: JDSU)
in an $18.4 billion transaction in June 2000, which at the time represented the second-
largest technology merger in history.
E - T E K D Y N A M I C S , I N C .
S A N J O S E , C A L I F O R N I A
12
Representative Investor BaseAdvisors, Family Offices, and Funds of Funds Location
Adams Street Partners Chicago, Illinois
Commonfund Capital Wilton, Connecticut
HarbourVest Partners Boston, Massachusetts
J.P. Morgan Asset Management New York, New York
Pantheon Ventures San Francisco, California
Performance Equity Management Greenwich, Connecticut
Corporate Pension Funds
Corning Incorporated Corning, New York
General Mills Minneapolis, Minnesota
General Motors Greenwich, Connecticut
SBC Master Pension Trust San Antonio, Texas
Financial Institutions
Goldman Sachs & Co. New York, New York
KeyCorp Cleveland, Ohio
Liberty Mutual Group Boston, Massachusetts
SVB Capital Palo Alto, California
Foundations and Universities
Georgia Tech Foundation Atlanta, Georgia
The William and Flora Hewlett Foundation Menlo Park, California
The Andrew W. Mellon Foundation New York, New York
University of Notre Dame Notre Dame, Indiana
International
Allianz Private Equity Partners Munich, Germany
BP Investment Management Ltd. London, United Kingdom
Finama PE-Quartilium Paris, France
Irish National Pensions Reserve Fund Dublin, Ireland
LGT Capital Partners Pfaeffikon, Switzerland
The Wellcome Trust Ltd. London, United Kingdom
Public Pension Funds
California State Teachers’ Retirement System Sacramento, California
Canada Pension Board Toronto, Ontario, Canada
Los Angeles County Employees Retirement Association Pasadena, California
Minnesota State Board of Investment St. Paul, Minnesota
Pennsylvania State Employees’ Retirement System Harrisburg, Pennsylvania
Virginia Retirement System Richmond, Virginia
“Summit Partners helped AmeriPath
successfully execute its acquisition
strategy by providing invaluable
expertise and capital. So when
I needed financing for my new
company, Aurora Diagnostics,
I immediately turned again
to Summit.”
— J I M N E W
C E O
Summit’s financing and advice helped AmeriPath
pursue an aggressive M&A campaign that led
to more than 50 pathology laboratory acquisitions
in just three years.
Founded by three physicians in 1982, American Laboratory Associates—later known
as AmeriPath—specialized in dermatopathology, or the viewing and interpretation of
biopsies. The company’s specialization enabled its labs to read biopsies faster and more
effectively than other providers, leading to a strong reputation in the market. By the mid
1990s, the founders realized that they needed a more seasoned management team and
additional capital to grow. While the company had developed a strong and loyal physician
customer base in the southeastern United States, the founders aspired to expand the
business to a national scale.
In 1994, the company turned to Summit Partners for financing and strategic guidance.
Summit not only provided growth capital and subordinated debt, but also arranged for
a bank line of credit. Two years later, Summit helped recruit CEO Jim New—a seasoned
healthcare executive who had run both public and private companies. With a new
management team in place, the company changed its name to AmeriPath and began
executing an acquisition strategy, extending its reach into new geographic markets
through the acquisition of more than 50 pathology practices.
AmeriPath went public in 1997 with an $89 million initial public offering. After a
secondary offering in 2001, the firm went private, and New retired in 2003. Seeing
continued opportunity in the laboratory industry, he came out of retirement in 2006 to
launch Aurora Diagnostics LLC, and again chose Summit as his financial partner. With
Summit’s financing and strategic guidance, Aurora Diagnostics has grown even more
rapidly than its predecessor, partnering with eight high-quality labs in its first year. Today,
the company continues to execute on an aggressive national acquisition program, with
a full pipeline of candidates across the United States.
A M E R I PAT H , I N C .
F O RT L A U D E R D A L E , F L O R I D A
14
Representative Portfolio CompaniesAcademic Management Services, Inc. Tuition Budgeting and Student Loans
AltoCom, Inc. Communications Software/ IP
AmeriPath, Inc. Pathology Laboratory Services
B&W Loudspeakers, Ltd. Premium Home Loudspeakers
Belkin Corporation Connectivity Solutions
CDB Infotek, Inc. Information Services Provider
Clontech Laboratories, Inc. Life Sciences Research Tools
Commnet Wireless, LLC Wireless Telecommunications Carrier
E-TEK Dynamics, Inc. Optical Components and Subsystems
EMED Co., Inc. Safety Signage Products
Finisar Corporation Optical Subsystems and Test Equipment
FleetCor Technologies, Inc. Fleet Card Processing
Global Cash Access Holdings, Inc. Cash Access Services for the Gaming Industry
HealthCare Partners Holdings, LLC Healthcare Services
Hemophilia Resources of America, Inc. Hemophilia Treatment Products
Hittite Microwave Corporation High-Performance Integrated Circuits
HMT Technology Corporation Storage Media
Hyperion Software Corporation Business Information Software
Infor Global Solutions, Inc. Enterprise Software
iPayment, Inc. Payment Processing Services
Jamba! AG European Mobile Internet Content
Keystone RV Company Towable Recreation Vehicle Products
Lincare Holdings, Inc. Home-Care Services
M-Audio, Inc. Digital Audio and MIDI Solutions
McAfee, Inc. Network Management and Security Software
MECON Associates, Inc. Hospital Information Services
NameMedia, Inc. Direct Search and Premium Domain Marketplace
NightHawk Radiology Holdings, Inc. Off-Hours Teleradiology Services
optionsXpress Holdings, Inc. Online Stock and Options Brokerage
Pediatrix Medical Group, Inc. Physician Practice Management
Physicians Formula Holdings, Inc. Mass-Market Color-Corrective Cosmetics
Postini, Inc. Electronic Communications Message Management
Powerwave Technologies, Inc. Wireless Infrastructure Equipment
SafeBoot Holdings BV Encryption Software and Management Systems
Sirenza Microdevices, Inc. High-Performance RF Components
Somero Enterprises, Inc. Laser-Controlled Screeding Equipment
Splash Technology Holdings, Inc. Color Server Systems
Suburban Ostomy Supply Company, Inc. Disposable Home Healthcare Products
Superior Services, Inc. Waste Management Services
Sybari Software, Inc. Security Software Products
Triton Systems, Inc. Automated Teller Machines
vente-privee.com Internet-Based Sales of High-End Consumer Products
Web Reservations International Limited Online Reservations for Budget Accommodations
WebEx Communications, Inc. Web-Based Collaborative Meeting Services
Our industry focusWe bring industry expertise in many sectors, including but not limited to:
Business services
Communications technology and services
Consumer products
Education
Energy
Financial services
Healthcare and life sciences
Industrial products
Internet and information services
Media and entertainment
Semiconductors and electronics
Software
“We chose Summit because of their
track record as investors, their grasp
of our opportunities and needs,
and their philosophy that the
entrepreneur should manage the
company, while the investor should
provide perspective and support.
This complementary relationship
was a tremendous advantage for
us and a big part of our success.”
— B R I A N S C H U C H M A N
F O U N D E R
Summit Partners’ financing and hands-off
strategic support enabled Commnet to drive
the growth of its wholesale wireless service
and expand into new markets.
Brian Schuchman began his career in 1986 as a car phone installer, working his way into
sales, distribution, and finally network operations. He noticed that wireless spectrum
lottery winners often had trouble getting networks up and running. After partnering
with numerous lottery winners to build and sell networks for more than $100 million,
Schuchman founded Commnet Wireless in 2000. His goal was to build wireless roaming
networks in partnership with wireless carriers such as Cingular and AT&T Wireless.
By the late 1990s, the Global System for Mobile Communications (GSM), a European-
based digital technology for wireless communication, began taking hold in the United
States. Schuchman realized that establishing a GSM network would allow Commnet to
accelerate its growth rate and penetrate new markets.
In 2003, Summit Partners provided Commnet with growth capital to fund its build-out
of a GSM network, which eventually served markets in 14 states. Summit assisted
Schuchman in hiring industry veterans to serve as president, COO, and CTO. In
addition, Summit provided strategic and financial analyses to help the company focus
on maximizing growth and profitability in core markets, while assisting management
in exiting less profitable, noncore markets.
After five consecutive years of rapid growth in markets served, cell sites, and minutes of
use—and more than 125 percent growth in both revenues and earnings—the company
merged with Atlantic Tele-Network (NASDAQ: ANTI) in an all-cash transaction in 2005.
Today, Commnet operates as a subsidiary of Atlantic Tele-Network, serving national
wireless carriers by providing feature-rich, low-cost wireless voice and data roaming
services. Brian Schuchman continues to serve as a board member.
C O M M N E T W I R E L E S S , L L C
AT L A N TA , G E O R G I A
16 Summit Partners invests in growing, profitable companies with proven business models, records of
revenue and earnings growth, and the leadership capacity to sustain that growth. If your company
fits this description, we would like to speak with you about a potential partnership. We also speak
with many companies before they need capital. Summit offers deep resources and broad experience
to address immediate needs and long-term opportunities.
To learn more, please call the Summit Partners office nearest you or contact us via email at
F O R M O R E I N F O R M AT I O N
©2002, 2008 Summit Partners, L.P. All rights reserved. The Summit Partners Logo®, Summit, Summit Partners®, Summit Accelerator Fund,
Summit Ventures®, Summit Partners Europe Private Equity Fund, Summit Partners Private Equity Fund®, Summit Partners Subordinated Debt Fund®,
Summit Subordinated Debt Fund, and Summit Partners Venture Capital Fund® are trademarks and/or service marks of Summit Partners L.P.
and/or its licensors.
In the United States of America, Summit Partners operates as an SEC-registered investment advisor. In the United Kingdom, this brochure is issued by
Summit Partners Limited, a firm authorized and regulated by the Financial Services Authority. Summit Partners Limited is a limited company registered
in England and Wales with company number 4141197, and its registered office is at 20-22 Bedford Row, London, WC1R 4JS, UK. This document is
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W W W. S U M M I T PA R T N E R S . C O M
B O S T O N
Summit Partners222 Berkeley Street, 18th FloorBoston, Massachusetts 02116-3755United StatesTelephone: +1 617 824 1000Facsimile: +1 617 824 1100
PA L O A LT O
Summit Partners499 Hamilton AvenuePalo Alto, California 94301-1831United StatesTelephone: +1 650 321 1166Facsimile: +1 650 321 1188
L O N D O N
Summit Partners LimitedQueensberry House, 3rd Floor3 Old Burlington StreetLondon W1S 3AEUnited KingdomTelephone: +44 (0)20 7659 7500Facsimile: +44 (0)20 7659 7550
“ F O R T U N E FAV O R S T H E
B O L D . ”
— V i r g i l .
W W W. S U M M I T PA RT N E R S . C O M
REHAB MANAGEMENT SERVICES � AMX � TGV SOFTWARE � SABER SOFTWARE � INTELLICHEM
SOFTDESK � DSET � OPNET TECHNOLOGIES � SIMULATION SCIENCES � HEALTHCARE PARTNERS
BOCA RESEARCH � POSTINI � HEMOPHILIA RESOURCES OF AMERICA � FIBER OPTIONS � COMPS.COM
WEBEX COMMUNICATIONS � FLEETCOR TECHNOLOGIES � ACADEMIC MANAGEMENT SERVICES
NAVIS � NAMEMEDIA � SUPERIOR SERVICES � PARAGON VISION SCIENCES � CARD CAPTURE SERVICES
DORN TECHNOLOGY GROUP � SPLASH TECHNOLOGY � LITCHFIELD FINANCIAL � ACTIVE VOICE
PSC INFO GROUP � INTELLIQUEST INFORMATION GROUP � PROMPT ASSOCIATES � SENIOR HOME CARE
UNICA � MICROBANK SOFTWARE � IMPAC MEDICAL SYSTEMS � INFOR GLOBAL SOLUTIONS � EMED CO.
S A F E B O O T � C A L LT E C H C O M M U N I C AT I O N S � R I G H T N O W T E C H N O L O G I E S � F U T U R E D O M A I N
SOFTWARE SPECTRUM � BELKIN � CDB INFOTEK � BURST MEDIA � HARRIS RESEARCH
XYLAN � INSTALLSHIELD SOFTWARE � SOFTWARE 2000 � IPAYMENT � WEBSIDESTORY
G L O B A L C A S H A C C E S S � E L U M E N S O L U T I O N S � P L AT I N U M S O F T WA R E � H I T T I T E M I C R O WAV E