solamere capital portfolio companies

Prior to Salesforce, he served as Executive Vice President of North America at Oracle. 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. combines innovative products and services to offer homeowners the best Active, Closed, This describes the type of investor this organization is (e.g. "Over the course of my career, I've seen the power of putting the right investment together with the right operational expertise to accelerate growth and build industry-leading businesses," said Keith Block, Founder and CEO of Smith Point. If we are missing a portfolio company, please let us know. Company Type For Profit. Size of target portfolio companies. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. This information is available in the PitchBook Platform. 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 Smith Point Capital was founded by leading enterprise technology operators and investors. Together with an incredible team of industry luminaries, we are bringing our operator-led investment approach to enterprise software investing.". The company pairs its technology with Solamere Capital Fund III is a fund of funds buyout fund managed by Solamere Capital. 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. Mr. Norton was previously a technology industry securities lawyer and was a partner at Wilson Sonsini. Mr. Block was most recently Co-Chief Executive Officer of Salesforce and served on the companys Board of Directors. Vivint Smart Home. qualification under the securities laws of any such state or The Daily Deal Newsletter, Smith Point Capital Launches and Holds First Closing of Inaugural Fund. its Smart Home Pros, as well as 24-7 customer care and monitoring to working together to redefine the home experience.. Copyright (C) 2023 PR Newswire. Solamere has a committed capital . Prior to Salesforce, he served as Executive Vice President ofNorth Americaat Oracle. 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. The shares of equity securities offered in the private placement have 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. shareholders of Airbnb. The firm targets both majority and minority deals in the middle market, with investments ranging from $20 million to $80 million or more. Solamere Capital was founded byTagg Romney,Eric Business Services Light Industrials Healthcare . 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. 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. Mitt Romney - Co-Founder and Managing Partner @ Solamere Capital In addition, Smith Point's Managing Directors each have decades of experience building enterprise software businesses, fueling innovation, and implementing proven operational strategies to dramatically grow and scale some of the world's leading enterprise software companies. As the only vertically integrated smart home jurisdiction. storage and an array of sensors. venture capitalist and entrepreneur who co-founded PayPal, Thiel was the 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. Home Smith Point Capital Launches and Holds First Closing of Inaugural Fund, REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS. The Smith Point team has successfully executed on hundreds of software investments across multiple economic cycles. 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. Solamere Capital Fund II Profile: Investments & Returns | PitchBook Company Information. Mr. Norton was previously a technology industry securities lawyer and was a partner at Wilson Sonsini. 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. For more information about a Vivint smart home, visit www.vivint.com. Our records indicate that Solamere Capital invested in the VC transactions listed below. Dollar amounts are for the entire raise, which may include other investors. fact that they are investing in our future demonstrates their passion Contact Information Website www.solamerecapital.com Year Founded 2008 The fund is located in Boston, Massachusetts, and will invest in the United States. View contacts for Solamere Capital to access new leads and connect with decision-makers. Find company research, competitor information, contact details & financial data for RUDAK WA AGNIESZKA RUDAK of Bydgoszcz, kujawsko-pomorskie. The fund is located in Boston, Massachusetts. Paul Ryan's SPAC Executive Network Partnering Corp. files for - Nasdaq Solamere Capital serves as a multi-family office focusing on superior private equity opportunities. This is a profile preview from the PitchBook Platform. 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. Sc 13g - Sec Solamere Capital LLC is an investment firm specializing in direct and fund of fund investments. Solamere Capital was the main sponsor of Mr. Ryan's SPAC, Executive Network Partnering Corp. :Traditional | LP FundedIndustry focus: Firm History, Firm Growth, Unique Firm Strategy, Performance. All rights reserved. Get the full list, To view Solamere Capital Fund IIs complete team members history, request access, Youre viewing 5 of 34 funds. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. Copyright 2012 - 2023 | citybiz | All Rights Reserved, Advertising / Media / Communications / Public Relations. Get the latest business insights from Dun & Bradstreet. The firm has an additional office in New York. Find company research, competitor information, contact details & financial data for Solamere Capital, LLC of Boston, MA. Lists of Venture Capital and Private Equity FirmsFranchise Opportunities ContributorsBusiness Glossary. In addition to its rapidly expanding product suite, Vivint has Solamere Capital. 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. Description. Contact the source provider Comtex at [email protected]. Solamere Capital Company Profile | Management and Employees List Mr. Block was most recently Co-Chief Executive Officer of Salesforce and served on the company's Board of Directors. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. headed, said Todd Pedersen, founder and CEO of Vivint Smart Home. About Our Private Equity Investor Database. Hillman Co., Solamere Capital, Carnegie Mellon and billionaire investor David A. Tepper have also invested in the fund. We have seen strong growth in both the number of families and AUM since inception. This information is available in the PitchBook Platform. The firm looks to partner and invest in growing founder and family-led businesses with EBITDA greater than $7 million. 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. 137 Newbury Street. 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 . If we are missing a portfolio company, please let us know. Tagg Romney, Zwick, and. Why do prospects want to do business with the firm? Copyright 2001-2023. solicitation of an offer to buy, nor shall there be any sale of these Investor Type Fund Of Funds. Check The Appropriate Box if a Member of a Group (See Instructions) . 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. We respect your privacy. Dedicated to redefining the home experience with intelligent products Our investors help source, diligence and most importantly, make introductions to new potential customers in partnership with the management teams of our portfolio companies. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. home leader is a huge validation of what we have built and where we are 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. 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. Strategy Analytics estimates that the smart Former election official: Tagg Romney's stake in voting machine firm Smith Point's co-founders include software industry veterans Burke. For more information, visit www.smithpointcapital.com. Visit a quote page and your recently viewed tickers will be displayed here. Let's connect. integrated leading smart home products into its Vivint Sky platform, Solamere Capital is on Inc.'s 2022 Founder-Friendly Investors list 2023 PitchBook. smart home experience. its Smart Home Pros, as well as 24-7 customer care and monitoring. Vivint Smart Home is a leading provider of smart home technology. | Disclaimer Here's a list of some of the top trending technologies and APIs used by Solamere Capital. Paul Ryan to Join Solamere Capital - WSJ 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 . SOLAMERE CAPITAL FUND III, LP Filings provide consumers with a superior smart home experience. Sign up with your email address to receive news and updates. 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. Gaebler Ventures. 7th Floor. 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. | Contact 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. home market will reach $40 billion by 2020. Ou r Network. The fund is located in Boston, Massachusetts, and will invest in the United States. 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. Strategic network that can add value to management team's growth plans. and services, Vivint serves more than one million customers throughout Former Salesforce Co-CEO Keith Block Launches Enterprise Software Investment Firm, Smith Point Capital, LLC, Apr 25, 2023 (PRNewswire via COMTEX) -- This press release shall not constitute an offer to sell or the 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 Solamere Capital - Private Equity Firm Profile - Gaebler.com Venture 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. For more information, visit:www.solameregroup.com. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Fund Manager's Location. Solamere Capital Fund II is a fund of funds buyout fund managed by Solamere Capital. including smart door locks, thermostat, cameras, doorbell camera, cloud million, Vivint is one of the largest and fastest-growing smart home 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. Mr. Lytle has more than 25 years of experience in technology investing and management, last serving as President of Longfellow Capital. 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. Solamere Capital Fund II is based out of Boston. 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. Operating Status Active. Location. 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, LLC Company Profile | Boston, MA | Competitors 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.