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. Legal Name SOLAMERE CAPITAL, LLC. Tagg Romney, Zwick, and. Number of Exits 1. Solamere Capital Fund II Profile: Investments & Returns | PitchBook Solamere Capital Fund II is a fund of funds buyout fund managed by Solamere Capital. home leader is a huge validation of what we have built and where we are The news and analysis powering European private equity. Smith Point Capital Launches and Holds First Closing of Inaugural Fund Mr. Lytle has more than 25 years of experience in technology investing and management, last serving as President of Longfellow Capital. The fund is located in Boston, Massachusetts, and will invest in the United States. shareholders of Airbnb. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. "Keith and the Smith Point team have an exceptional track record of success in the software industry," said ServiceNow Chairman and CEO Bill McDermott. fact that they are investing in our future demonstrates their passion strategic investment will help fuel Vivints rapid growth and product 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. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Vivint Smart Home. Check The Appropriate Box if a Member of a Group (See Instructions) . About 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. The firm looks to partner and invest in growing founder and family-led businesses with EBITDA greater than $7 million. Smith Point Capital Launches and Holds First Closing of Inaugural Fund Why do intermediaries present opportunities and want to conduct transactions with the firm? Smith Point has set a hard cap for investor commitments of $400 million for Fund I. Browse more private equity investors: Paul Ryan to join Solamere Capital | Fox Business Investor in. If we are missing a portfolio company, please let us know. 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. Provo, UT 84604 USA . Contact Email investorrelations@solameregroup.com. Top investors validate Vivints winning smart home strategy. Lists of Venture Capital and Private Equity FirmsFranchise Opportunities ContributorsBusiness Glossary. Tech Company. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Strategic network that can add value to management team's growth plans. The fund targets to invest in commercial products, consumer durables, TMT and communications and networking sectors. | Terms & Conditions high-quality management teams. Founded Date 2008. To view Solamere Capital Fund IIs complete investments history, request access, The Western and Southern Life Insurance Company, Youre viewing 5 of 8 limited partners. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Mr. Lytle has more than 25 years of experience in technology investing and management, last serving as President of Longfellow Capital. Contact Information Website www.solamerecapital.com Year Founded 2008 Vivint 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. home market. Mr. Norton was previously a technology industry securities lawyer and was a partner at Wilson Sonsini. Ou r Network. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. All rights reserved. Solamere Capital has invested in only one tech company, according to our database records. The firm's approach focuses on collaborating with, and investing in, the most innovative software businesses to implement proven, best-in-class revenue growth, innovation, and operational strategies to dramatically accelerate financial and market success. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. 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. 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. Mitt Romney - Co-Founder and Managing Partner @ Solamere Capital 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. It works directly with these founders in a multi-family office capacity, providing superior service and a diversified mix of top-tier. Location. The 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. Executive Partner Group. tech investor Peter Thiel and investment firm Solamere Capital. The strategic partnership between Smith Point and ServiceNow will drive a new wave of growth through the next generation of digital disruptors.". 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. Solamere Executive Network - Solamere Capital Year Founded. So employees and customers can be more connected, more innovative, and more agile. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. Prior to Salesforce, he served as Executive Vice President of North America at Oracle. | News For more information about a Vivint smart home, visit www.vivint.com. 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. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more.