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Summit Partners Surpasses $20 Billion in AUM with a Focus on Software/SaaS

Private equity firm Summit Partners was founded in 1984 by Stephen Woodsum and E. Roe Stamps. The founders, who formerly worked together at TA Associates and First Chicago Investment Corporation (now Madison Dearborn Partners), were later joined by Greg Avis, who opened the firm’s first California office in the 90s...