Sumeru Equity Partners Makes Majority Investment in beqom

beqom Acquires Our Tandem

August 30, 2022

Cloud & SaaS

beqom, the cloud-based total compensation management provider, has acquired Our Tandem, a continuous performance management SaaS platform founded in 2016. The deal, led by beqom with support from growth investor Sumeru Equity Partners, combines continuous performance feedback and coaching with compensation and rewards capabilities to deliver an integrated people-performance and rewards solution.

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.

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 Acquires JobNimbus in $330M Control Investment

November 13, 2024

Cloud & SaaS

Sumeru Equity Partners has made a $330 million control investment to acquire JobNimbus, a Lehi, Utah–headquartered SaaS provider for roofing and exterior contractors. The funding — supported by a senior credit facility arranged by Monroe Capital — will be used to scale product development (including AI features), expand the team, and accelerate growth; existing investors and founders will remain on the cap table and Sumeru will join the board.

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 3Gtms

April 17, 2019

Software

Sumeru Equity Partners (SEP), a technology-focused private equity firm, made a majority strategic investment in 3Gtms to accelerate growth and product innovation; terms were not disclosed. SEP will add principals Paul Mercadante, Sanjeet Mitra and Mark Haller to 3Gtms' board as part of the transaction, which closed in April 2019.