Sumeru Equity Partners Acquires 3Gtms

3Gtms Acquires Pacejet

February 25, 2020

Cloud & SaaS

3Gtms, a Tier 1 transportation management system provider backed by Sumeru Equity Partners, has acquired Pacejet, a cloud-based multi-carrier shipping execution software provider. The acquisition (terms undisclosed) combines 3Gtms' 3G‑TM platform with Pacejet's shipping execution capabilities to expand parcel shipping functionality for midmarket and enterprise customers.

Sumeru Equity Partners Invests in Criteria Corp

May 17, 2019

Cloud & SaaS

Sumeru Equity Partners made a $56 million majority growth investment in Criteria Corp to accelerate product innovation and go-to-market expansion. SEP partners joined Criteria’s board as part of the transaction to support the SaaS-based employment assessment platform’s next phase of growth.

Sumeru Equity Partners Acquires Majority Stake in SocialChorus

July 24, 2020

Cloud & SaaS

Sumeru Equity Partners led a $100 million investment to become the majority shareholder in SocialChorus, a workforce communications SaaS provider. Existing investors including Arrowroot Capital and Kohlberg Ventures remain significant investors (Arrowroot sold part of its stake while retaining a minority interest); the capital will be used to accelerate product investment, go-to-market expansion and continued growth.

Aptean Acquires UK TMS Provider 3T Logistics & Technology Group

November 21, 2023

Logistics & Distribution

Aptean, a global provider of industry-specific enterprise software, has acquired UK-based 3T Logistics & Technology Group to add cloud-native transportation management capabilities to its portfolio. The acquisition expands Aptean’s TMS offerings in Europe and complements its ERP and supply chain solutions for manufacturers and distributors across food & beverage, FMCG and industrial verticals.

Sumeru Equity Partners Leads $100M Strategic Investment in Ceros

July 23, 2020

Cloud & SaaS

Sumeru Equity Partners led a $100 million strategic growth investment in Ceros, a cloud-based interactive SaaS design platform, with participation from Ceros management and existing investors. The round closed in July 2020 and will support scaling the product, go-to-market efforts, and operational growth for the company.

Sumeru Equity Partners Makes Majority Investment in beqom

April 12, 2022

Cloud & SaaS

beqom, a Switzerland-based provider of cloud compensation management software, received a $300 million strategic majority investment led by Sumeru Equity Partners (Fund IV) alongside limited partner co-investors. The capital will be used to accelerate product innovation and scale beqom’s global customer base; the transaction is expected to close in Q2 subject to customary conditions.