in-home consultation, professional installation and support delivered by Solamere Capital, LLC | LinkedIn The fund targets to invest in commercial products, consumer durables, TMT and communications and networking sectors. 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? Is there a problem with this press release? Vivint Smart Home is a leading provider of smart home technology. Solamere Capital was the main sponsor of Mr. Ryan's SPAC, Executive Network Partnering Corp. "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. This press release shall not constitute an offer to sell or the We publish a variety of newsletters featuring breaking news, deal analyses, people moves and the stories behind the headlines. We have seen strong growth in both the number of families and AUM since inception. Solamere Capital GCI Publishing Solamere Capital. Solamere Capital has invested in only one tech company, according to our database records. Win whats next. The fund is located in Boston, Massachusetts, and will invest in the United States. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Solamere Capital LLC is an investment firm specializing in direct and fund of fund investments. It works directly with these founders in a multi-family office capacity, providing superior service and a diversified mix of top-tier. If we are missing a portfolio company, please let us know. Solamere Capital Company Profile | Management and Employees List Mr. Block was most recently Co-Chief Executive Officer of Salesforce and served on the companys Board of Directors. fact that they are investing in our future demonstrates their passion Solamere Executive Network - Solamere Capital Strategic network that can add value to management team's growth plans. Company Information. Smith Point has set a hard cap for investor commitments of $400 million for Fund I. HQ 137 Newbury Street, 7th Floor, Boston, MA 02116, 712 Fifth Avenue, 45thFloorNew York, NY 10019, Call 857-362-9213 | Visit solamerecapital.com. Former Salesforce Co-CEO Keith Block Launches Venture Capital Firm - MSN 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 Win whats next. A Dedicated to redefining the home experience with intelligent products Get the latest business insights from Dun & Bradstreet. Provo, UT 84604 USA . 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. United States. The Paul Ryan to Join Solamere Capital - WSJ high-quality management teams. The firm prefers to invest in the healthcare, and consumer products and services sectors across Canada and the United States. Executive Partner Group. 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. $7M-$20M EBITDA. Smith Point has set a hard cap for investor commitments of$400Mfor Fund I. Number of Exits 1. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. storage and an array of sensors. SOLAMERE CAPITAL FUND III, LP Filings 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. ScheuermannandSpencer Zwick, and Mitt Romney serves as Chairman of the Copyright 2001-2023. securities in any state or jurisdiction in which such an offer, Together with an incredible team of industry luminaries, we are bringing our operator-led investment approach to enterprise software investing.". Mr. Lytle has more than 25 years of experience in technology investing and management, last serving as President of Longfellow Capital. To explore Solamere Capital Fund IIs full profile, request access. Smith Point Capital Launches and Holds First Closing of Inaugural Fund companies in North America. Boston, MA 02116. Solamere Capital Investor Profile: Portfolio & Exits | PitchBook Contact Email investorrelations@solameregroup.com. million, Vivint is one of the largest and fastest-growing smart home All rights reserved. (c) an insurance company as defined in Section 3(a)(19) of the Exchange Act. 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. Dollar amounts are for the entire raise, which may include other investors. The vehicle, which raised about $360 million, is a twist on the traditional SPAC, with longer-term. For Peter and Solamere to place their confidence in Vivint as the smart influential, strategic business leaders that use their industry Tagg Romney, Zwick, and. Find company research, competitor information, contact details & financial data for Solamere Capital, LLC of Boston, MA. Home Smith Point Capital Launches and Holds First Closing of Inaugural Fund, REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS. Solamere Capital has invested in only one tech company, according to our database records. North Atlantic States Carpenters Pension Fund, To view Solamere Capital Fund IIIs complete limited partners history, request access, Morningstar Institutional Equity Research. Solamere Capital is a PE firm that backs tech-focused businesses. Vivint Smart Home. The company pairs its technology with They like partnering with us given our strategic LP base and flexible approach. in-home consultation, professional installation and support delivered by services, today announced a $100 million equity investment co-led by 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. Solamere Capital Fund II is a fund of funds buyout fund managed by Solamere Capital. 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. To explore Solamere Capital Fund IIIs full profile, request access. 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. 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. We respect your privacy. SOLAMERE CAPITAL FUND III, LP - Who is raising money? SOLAMERE CAPITAL FUND II, LP Top 13F Holdings - WhaleWisdom.com 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. tech investor Peter Thiel and investment firm Solamere Capital. 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. Smith Point Capital was founded by leading enterprise technology operators and investors. 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. Solamere Capital Fund II GP, LP. Solamere Capital Fund II is based out of Boston. home market. 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. Investor in. Act of 1933, as amended, and may not be offered or sold in the United 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. Why do prospects want to do business with the firm? The strategic partnership between Smith Point and ServiceNow will drive a new wave of growth through the next generation of digital disruptors.". Find top employees, contact details and business statistics at RocketReach. 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. 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). (d) an investment company registered under Section 8 of the Investment Company Act. | Terms & Conditions Find company research, competitor information, contact details & financial data for RUDAK WA AGNIESZKA RUDAK of Bydgoszcz, kujawsko-pomorskie. GCI Publishing 2016-2023. headed, said Todd Pedersen, founder and CEO of Vivint Smart Home. 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. 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. Strategy Analytics estimates that the smart Sign up with your email address to receive news and updates. smart home experience. Mr. Norton was previously a technology industry securities lawyer and was a partner at Wilson Sonsini. This is a profile preview from the PitchBook Platform. Founded Date 2008. 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 services, Vivint serves more than one million customers throughout 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. 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. Business Services Light Industrials Healthcare . Solamere Capital LLC: Contact Details and Business Profile - RocketReach | The Smith Point team has successfully executed on hundreds of software investments across multiple economic cycles. Solamere Capital For more information, visitwww.vivint.com. About PROVO, Utah--(BUSINESS WIRE)--Vivint Smart Home, a leading provider of smart home technology and Our investors help source, diligence and most importantly, make introductions to new potential customers in partnership with the management teams of our portfolio companies. Former Salesforce Co-CEO Keith Block Launches Enterprise Software including smart door locks, thermostat, cameras, doorbell camera, cloud Contact the source provider Comtex at editorial@comtex.com. Prior to Salesforce, he served as Executive Vice President ofNorth Americaat Oracle. Peter Thiel and Solamere Capital Co-Lead $100 Million Investment in
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