Spectrum Equity

Last updated
Spectrum Equity Management, L.P.
Type Private
Industry Private Equity, Growth Equity
Founded1994;28 years ago (1994)
Headquarters Boston, Massachusetts, U.S
San Francisco, California, U.S
Products Growth capital, Recapitalizations
Total assets $8 billion
Website www.spectrumequity.com

Spectrum Equity is an American growth equity firm that invests in businesses related to the information economy. [1] The company operates out of offices in Boston, MA and San Francisco, CA. [2] [3] The company was an early investor in Ancestry.com and Grubhub and has raised a total of $2.2 billion for growth investments in internet software and data services companies. [1]

Contents

History

Founded in 1993 by Brion Applegate and William Collatos, Spectrum Equity raised its first fund in May 1994. [4] It started out by primarily investing in communication companies. [5] As of 2022, most investments have been in Internet-enabled software and information services companies. [6]

Spectrum Equity has raised nine private equity funds since its founding, totaling $8 billion of capital. [7] [ citation needed ]

Past investments

Related Research Articles

<span class="mw-page-title-main">TPG Inc.</span> American investment company

TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American investment company based in Fort Worth, Texas. The private equity firm is focused on leveraged buyouts and growth capital. TPG manages investment funds in growth capital, venture capital, public equity, and debt investments. The firm invests in a range of industries including consumer/retail, media and telecommunications, industrials, technology, travel, leisure, and health care.

Providence Equity Partners L.L.C. is a specialist private equity investment firm focused on media, communications, education, technology investments across North America and Europe. The firm specializes in growth-oriented private equity investments and has invested in more than 170 companies globally since its inception in 1989.

<span class="mw-page-title-main">EQT Partners</span> Global differentiated investment organization

EQT AB Group is a global investment organization founded in 1994. Its funds invest in private equity, infrastructure, real estate, growth equity, and venture capital in Europe, North America, and Asia Pacific.

<span class="mw-page-title-main">TA Associates</span> American private equity firm

TA Associates, founded in 1968, is one of the early modern-era private equity firms in the United States. The firm leads buyouts and minority recapitalizations of profitable growth companies. TA invests across five industry groups: technology, healthcare, consumer products, financial services and business services.

Silver Lake is an American global private equity firm focused on investments in technology, technology-enabled and related industries. Founded in 1999, the firm is one of the largest technology investors in the world. Its investment holdings have included Airbnb, Alibaba Group, Ancestry.com, Broadcom, Credit Karma, City Football Group, Dell Technologies, Endeavor, Expedia Group, Fanatics, First Advantage, Global Blue, GoDaddy, Jio, Lightbox, Motorola Solutions, New Zealand Rugby, NortonLifeLock, Red Ventures, Sabre Corporation, Skype, SoFi, GLG, Seagate Technology, SolarWinds, TEG, Twitter, Unity Technologies, Waymo, Weld North Education, WP Engine, Vacasa, the A-League football competition in Australia, and ZPG. Silver Lake is headquartered in Silicon Valley, and has offices in New York, London and Hong Kong.

Alec E. Gores is an American billionaire businessman who began making his fortune through leveraged buyouts of technology firms at the firm The Gores Group. He has also been instrumental in popularizing SPACs, beginning in the mid-2010s.

<span class="mw-page-title-main">Accel (company)</span> Venture capital firm

Accel, formerly known as Accel Partners, is an American venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional operating funds in London, India and China.

<span class="mw-page-title-main">Insight Partners</span> American investment manager

Insight Partners is an American venture capital and private equity firm based in New York City. The firm invests in growth-stage technology, software and Internet businesses.

<span class="mw-page-title-main">Francisco Partners</span> American private equity firm

Francisco Partners is an American private equity firm focused exclusively on investments in technology and technology-enabled services businesses. Founded in August 1999 and based in San Francisco with offices in London and New York City, Francisco Partners Management L.P. has raised approximately US$24 billion in committed capital as of June 2020 when the firm raised nearly $10 billion for tech company investments. As of 2021, Francisco Partners had more than US$30 billion in assets under management, and invested in over 300 companies in the technology sector.

Lucidchart is a web-based diagramming application that allows users to visually collaborate on drawing, revising and sharing charts and diagrams, and improve processes, systems, and organizational structures. It is produced by Lucid Software Inc., based in Utah, United States and co-founded by Ben Dilts and Karl Sun. Lucidchart is used by companies such as Google, GE, NBC Universal, and Amazon.

Vista Equity Partners is an American investment firm focused on financing and forwarding software, data, and technology-enabled startup businesses. Vista has invested in hundreds of companies, including Misys, Ping Identity, and Marketo.

LinkedIn Learning is an American online learning provider. It provides video courses taught by industry experts in software, creative, and business skills. It is a subsidiary of LinkedIn. All the courses on LinkedIn fall into four categories: Business, Creative, Technology and Certifications.

<span class="mw-page-title-main">Silversmith Capital Partners</span>

Silversmith Capital Partners is a growth equity investment firm based in Boston, Massachusetts. It was founded in 2015 by alumni from Bain Capital and Spectrum Equity, and closed its first fund that year, a $460 million fund to invest in technology and healthcare businesses. In January 2018, Silversmith raised its second growth equity fund, a $670 million fund. In September 2020, the firm raised its third growth equity fund, an $880 million fund and in July 2022, it raised a fourth growth equity fund, a $1.3 billion fund. In 2020 and 2021, Silversmith was named a Top 25 Growth Equity Investor by Growthcap Advisors.

<span class="mw-page-title-main">SS&C Technologies</span> American financial technology company

SS&C Technologies Holdings, Inc. is an American multinational holding company headquartered in Windsor, Connecticut, that sells software and software as a service to the financial services industry. The company has offices in the Americas, Europe, Asia, Africa and Australia.

<span class="mw-page-title-main">Tiger Global Management</span> American investment firm

Tiger Global Management, LLC is an American investment firm. It mainly focuses on Internet, software, consumer, and financial technology industries.

Summit Partners is an American private equity firm based in Boston, Massachusetts. The firm focuses on investing in technology, healthcare, life sciences and other growth industries.

Altimeter Capital is an American investment firm based in Boston, Massachusetts and Menlo Park, California. The firm focuses on technology investments in both public and private markets globally.

<span class="mw-page-title-main">Dragoneer Investment Group</span> American investment firm

The Dragoneer Investment Group (Dragoneer) is an American investment firm based in San Francisco, California. The firm focuses on technology investments in both public and private markets globally.

Investindustrial is a global private equity firm focused on buyouts of mid-market companies in Europe and selectively in North America. It was founded in 1990 by Andrea Campanini Bonomi out of an industrial conglomerate.

References

  1. 1 2 3 Kreutzer, Laura (2022-07-27). "Spectrum Equity Defies Fundraising Slowdown to Amass a $2.2 Billion Pool". Wall Street Journal. ISSN   0099-9660 . Retrieved 2022-11-28.
  2. ↑ "These are the 11 Largest NYC Tech Startup Funding Rounds of Q2 2021 - Page 3 of 22". AlleyWatch. 2021-07-08. Retrieved 2021-07-09.
  3. ↑ January 2021, 22nd (2021-01-22). "Spectrum Equity invests $51m in OTC firm Quantile Technologies". FinTech Futures. Retrieved 2021-07-09.
  4. ↑ "Spectrum Equity Investors, L.P. - Case - Faculty & Research - Harvard Business School". Harvard Business School. November 1994. Retrieved 2022-12-26.
  5. ↑ "Spectrum Equity Will Appease Investors Eager to Give Cash". WSJ. 2001-01-15. Retrieved 2022-12-26.
  6. ↑ "The Top 25 Growth Equity Firms of 2020 | GrowthCap". 2021-02-16. Retrieved 2022-12-26.
  7. ↑ "Spectrum Equity Closes Fund IX at $1.5 Billion". www.spectrumequity.com.
  8. ↑ "How Ancestry made a fortune for Spectrum Equity". pitchbook.com. Retrieved 2022-11-28.
  9. ↑ "Spectrum Equity and TA Associates Acquire Stake in BATS Global Markets". TA Associates. 2013-08-14. Retrieved 2022-12-26.
  10. ↑ "BATS Global Markets Receives Minority Investment from Spectrum Equity and TA Associates". FinSMEs. 2013-08-14. Retrieved 2022-12-26.
  11. ↑ "Definitive Healthcare raises $420M in IPO, sees stock soar". pitchbook.com. 2021-09-17. Retrieved 2022-12-26.
  12. ↑ "PE-backed GoodRx looks to raise up to $969 million in U.S. IPO". Reuters. 2020-09-14. Retrieved 2022-12-26.
  13. ↑ "Spectrum Equity, Other VCs Invest $72 Million in Lucid Software". WSJ. Retrieved 2022-12-26.
  14. ↑ "TPG Global and Spectrum Equity Invest In Lynda | Mergr M&A Deal Summary". mergr.com. 2013-01-16. Retrieved 2022-12-26.
  15. ↑ "Spectrum Equity Investors and Bain Capital acquire SurveyMonkey | Private Equity Wire". www.privateequitywire.co.uk. 2009-04-28. Retrieved 2022-12-26.
  16. ↑ Chin, Kimberly (2018-09-25). "The Knot Parent Agrees to Tie-Up With WeddingWire". WSJ. Retrieved 2022-12-26.
  17. ↑ "Verafin Detects CA$60M from Spectrum | PitchBook". pitchbook.com. 2014-05-16. Retrieved 2022-12-26.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.