BOSTON and PALO ALTO, Calif., April 25, 2006 (PRIMEZONE) -- Summit Partners, a global private equity and venture capital firm, has published a white paper, Unlocking the Wealth Trapped in Your Company: Options for Achieving Partial Liquidity While Remaining CEO.
The white paper highlights the goals that entrepreneurs can achieve by taking some cash out of their businesses without an outright sale. According to the private equity financing firm, entrepreneurs often find that too much of their personal wealth is tied up in their companies-increasing their risk of financial loss, and preventing them from fully benefiting from their success.
For example, one passage from the Summit Partners white paper notes: "Entrepreneurs... might want to use the cash to diversify their investment portfolios and reduce risk. They may require additional money for personal expenses like a second home. Or they may simply want to take money off the table as a reward for their hard work and smart decisions in growing a business."
The white paper explores several options including private equity or venture capital financing for entrepreneurs who want to increase their liquidity while maintaining management control. Entrepreneurs with profitable growing companies are encouraged to download a copy of Unlocking the Wealth Trapped in Your Company: Options for Achieving Partial Liquidity While Remaining CEO; please visit www.summitpartners.com/sp/whitepaper.
About Summit Partners
Since its founding in 1984, private equity and venture capital firm Summit Partners has raised nearly $9 billion in capital and invested in more than 275 growing companies. These companies have completed more than 100 public offerings and in excess of 100 strategic sales or mergers.
Summit Partners seeks outstanding entrepreneurs and management teams that have self-financed their company to profitability and market leadership in a broad range of emerging growth industries. Notable companies financed by Summit Partners include E-TEK Dynamics, iPayment, Keystone RV Company, Lincare, McAfee, optionsXpress, Pediatrix Medical Group, and RightNow Technologies, and in Europe, B&W Loudspeakers, and Jamba!.
The business of Summit Partners in the UK is regulated by the Financial Services Authority. In the U.S., Summit Partners operates as an SEC registered investment adviser. This document is intended solely to provide information regarding Summit Partners' potential financing capabilities for prospective portfolio companies, and is not a recommendation of an investment in any company.