Summit Partners is an investment firm that is currently investing in to growth equity, fixed income, and public equity opportunities. Summit has invested in more than 460 companies in technology, healthcare, life sciences, and other growth industries. Summit Partners enhances the value of these companies through infrastructure development, executive and board recruiting, and strategic and operational advice. The firm also brings extensive experience in helping companies navigate the complex process of public offerings or strategic sales and mergers.

Summit Partners

HarbourVest is an independent investment firm that provides innovative private equity solutions to institutional clients worldwide.  As one of the first private equity fund-of-funds, they have a long and distinguished history of investing in venture, buyout, and mezzanine and distressed markets in the U.S., Europe, Asia Pacific, and emerging markets through primary partnerships, secondary purchases, and direct investments.

HarbourVest Partners

Advantage Capital has invested over $3.8 billion in more than 800 portfolio companies and projects nationwide since 1992. The firm specializes in growth equity, lending, and mezzanine debt capital investments spanning three distinct but complementary themes, driving local economic development and lasting impact in underserved communities. ____________________ Growing Small Business // 800+ PORTFOLIO COMPANIES // 34 STATES // 66,000+ JOBS SUPPORTED // Small businesses and the entrepreneurs who power them are fundamental to the U.S. economy, driving inclusive economic expansion that allows people and communities to thrive. Advantage Capital offers debt and equity investment opportunities and can provide senior, unitranche and subordinated debt, as well as minority equity financing. The firm invests in companies from a diverse array of industry sectors, including manufacturing, technology and business services, among others. It seeks to make an initial investment between $500K and $10M in companies with $1M+ EBITDA. Financing Affordable Homes // 89 PROJECTS SINCE 2015 // 8,000+ FAMILIES & SENIORS HOUSED // 7 STATES // Creating stronger communities goes beyond business investment and jobs. Financing housing in these same communities creates even more positive and lasting impacts. Expanding Renewable Energy Solutions // $130M IN CAPITAL DEPLOYED // 65 PROJECTS // 20,000+ HOMES POWERED // Increased access to renewable energy supports local green jobs and economic development while building the framework for tomorrow's carbon-free America. ____________________ Geographic Focus: Advantage Capital is committed to impact nationwide, with current emphasis in the following states: Alabama, Arkansas, Connecticut, Florida, Georgia, Illinois, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Nebraska, Nevada, New Mexico, Ohio, Pennsylvania, Tennessee, Texas, Utah, Virginia, West Virginia ____________________ Advantage Capital is headquartered in New Orleans, Louisiana and has offices in the following locations: St. Louis, MO; New York, NY; Austin, TX; Hanover, NH; Washington, D.C.; Napa, CA; Nevada.

Advantage Capital

Founded in 2005, Performance Equity Management is an American private equity firm investing in venture capital funds and companies.

Performance Equity Management

Advent International is a private equity firms that focused on buyouts and growth equity investments in five core sectors.

Advent International

Nautic Partners is a middle-market private equity firm with over $2.5 billion of equity capital under management. Over three decades, they have completed more than 110 transactions, invested capital on behalf of their limited partners, and partnered with a wide array of talented management teams.

Nautic Partners

Bain Capital is a multi-asset alternative investment firm with assets under management and operates business units that create value through private equity, public equity, credit, and venture capital across multiple sectors and industries.

Bain Capital

FLEETCOR

Autonomous and connected technologies shaping the future of the auto industry

Auto Tech

<div>
 
 Motorq offers a cloud-based system that can ingest and monitor connected car data, run advanced analytics and machine learning models, provide insights, and other information, and deliver the output through application programming interfaces (APIs) and other infrastructure tools. The key services provided include real-time vehicle location tracking, geofencing, trip and driver analysis, driver coaching, electric vehicle (EV) charging insights, fuel misuse reporting, and maintenance alerts. Its solutions are available on a software-as-a-service (SaaS) basis.&nbsp;
 
 
 
 
 Key customers and partnerships
 
 
 As of February 2024, the company had partnerships with 12 original equipment manufacturers (OEMs) including Ford, General Motors, Volkswagen, Stellantis, Toyota, and 
 <a href="https://sp-edge.com/updates/26902">
 BMW.
 </a>
 &nbsp;
 
 
 
 
 <a href="https://sp-edge.com/updates/17532">
 In March 2023,
 </a>
 Motorq also partnered with J.D. Power, a data analytics, software, and consumer intelligence company, to provide EV owners with insights based on connected vehicle data including battery health. It also partnered with Mercedes-Benz Connectivity Services 
 <a href="https://sp-edge.com/updates/21928">
 in September 2023,
 </a>
 to provide data solutions for Motorq customers for fleet management and vehicle performance optimization.
 
 
 
 
 Funding and financials
 
 
 In February 2022, Motorq raised USD 40 million in a Series B funding round led by Insight Partners. The company intended to use the funds to expand its product development and engineering teams, enhance OEM collaborations, establish presence in Europe and Japan, and enhance product capabilities to include insurance, automotive rentals, and dealer services.
 
 
 
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Launched in June 2014, Zap-Map.com is a new website dedicated to all aspects of electric vehicles and charging. With the choice of EVs and charging point infrastructure growing rapidly, their aim is to provide current and prospective EV owners with clear, current information, enabling more people to make informed choices and obtain the benefits of driving electric.  In 2015, Zap-Map launched it’s first mobile app. Available on both iOS and android, it offers EV drivers a way of easily locating charge points on the move. For more details, on the Zap-Map App’s features and benefits, plus download links, visit https://www.zap-map.com/app/.

Motorq enables access to connected vehicle data and analytics at scale so that enterprises such as fleets, insurance companies, and governments can rapidly improve operations and expand services. They future-proof the vehicle data strategy for these enterprises, empowering them to lead in the new mobility world. Founded in 2016, Motorq is headquartered in the San Francisco Bay Area.

Mina develops electric vehicle energy suppliers for electric vehicles.

Fleetcor Technologies, Inc. provides specialized payment products and services to commercial fleets, oil companies, and petroleum marketers in North America, Europe, Africa, and Asia. It sells a range of customized fleet and lodging payment programs; and offers fuel, vehicle maintenance, or lodging services to its customers. The company owns and operates closed-loop networks through which it electronically connects to merchants and serves various acceptance locations in North America and Europe; and captures, analyzes, and reports customized information. It also uses third-party networks to deliver its payment programs and services; and provides a range of services, such as issuing and processing, as well as specialized information services. The company was founded in 1986 and is headquartered in Norcross, Georgia.

<div> FLEETCOR Technologies, Inc. (NYSE: FLT) is a leading global business payments company headquartered in Atlanta, Georgia. Founded in 2000, FLEETCOR has grown from a regional fleet card provider to a diversified payment solutions company serving over 800,000 business customers across more than 100 countries. In 2023, FLEETCOR reported annual revenues of USD 3.76 billion. FLEETCOR's portfolio of brands offers a range of specialized payment products and services: <ul> <li> Fleet cards and vehicle payment solutions for fuel, maintenance, and other vehicle-related expenses </li> <li> Corporate payment solutions for accounts payable automation and cross-border payments </li> <li> Lodging payment services for workforce travel accommodations </li> <li> Toll payment systems in select markets </li> <li> Payroll card programs </li> </ul> The company has expanded its capabilities through numerous acquisitions, including Comdata in 2014, which strengthened its position in the over-the-road fuel card market. More recently, FLEETCOR acquired PayByPhone, a global digital parking payment provider, in September 2023. This acquisition added over 6 million monthly active users to FLEETCOR's customer base and expanded its vehicle payment solutions. FLEETCOR has been actively diversifying beyond its traditional fuel card business. The company is increasingly focused on developing open-loop payment solutions that offer more flexibility for businesses to manage various types of expenses. FLEETCOR is also investing in digital payment technologies, including mobile payments and contactless solutions. In March 2024, FLEETCOR rebranded to Corpay to better reflect its broader focus on corporate payment solutions, while retaining existing brands for its vehicle and lodging payment segments. </div>

Corpay

Fleetcor’s Digital Payments Ready For Mainstreaming Of EV Travel

Information to create a more efficient, cleaner and safer way to travel in the city of the future

Smart Mobility Information

Startups that offer mobile apps that provide live information for route planning via multiple modes of transport

Startups offering management platforms to monitor, analyze, and automate traffic control

Startups offering mobile apps for drivers to locate, book, and pay for parking

Startups offering management platforms that provide information and analytics to optimize route planning and usage for mass transport

Startups offering mobile and in-vehicle apps that provide real-time alerts on road hazards and traffic conditions

Startups offering platforms to monitor, manage and enforce parking services

Platforms, apps, and cards to keep the corporate wallet in check

Business Expense Management

Solutions that enable employees to avoid out-of-pocket spending on business expenses, using company-issued payment cards

Platforms that let employees scan receipts (through OCR) and automatically submit claims to receive reimbursements with the limited involvement of admin, finance, or HR staff

Platforms offering payout automation solutions that cover the process either entirely or partially—from vendor onboarding to making payments

INCUMBENTS_PRESENT

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Corpay has entered an agreement to acquire Paymerang, a platform specializing in accounts payable and receivable automation. This acquisition will assist Corpay in solidifying its position in four key sectors: education, healthcare, hospitality, and manufacturing. The completion of the deal is anticipated in the second quarter of 2024 and is subject to regulatory approval and closing conditions.

Through this business move, Corpay aims to broaden its market scope, particularly in regions where Paymerang holds a strong customer base and partnerships. Additionally, Corpay will gain over 250,000 merchants from Paymerang. The amalgamation is expected to facilitate annual payments processing valued at approximately USD 120 billion.

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Corpay

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