Investments
43Portfolio Exits
25About CIT Venture Capital
CIT Venture Capital was the private equity group of CIT. CIT Venture Capital's network includes companies and venture capital fund affiliations across North America. CIT Venture Capital target markets include B2B e-commerce, Internet-enabling technologies, Web-enabled enterprise software, IT services and communications technologies.
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CIT Venture Capital Investments
43 Investments
CIT Venture Capital has made 43 investments. Their latest investment was in Superior Biologics as part of their Line of Credit - II on March 3, 2016.
CIT Venture Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
3/7/2016 | Line of Credit - II | Superior Biologics | $50M | Yes | 3 | |
11/17/2010 | Series E | SS8 Networks | $12.5M | No | 1 | |
6/12/2009 | Unattributed | Telx | $43.5M | Yes | ||
11/11/2003 | Series D | |||||
6/5/2003 | Unattributed VC |
Date | 3/7/2016 | 11/17/2010 | 6/12/2009 | 11/11/2003 | 6/5/2003 |
|---|---|---|---|---|---|
Round | Line of Credit - II | Series E | Unattributed | Series D | Unattributed VC |
Company | Superior Biologics | SS8 Networks | Telx | ||
Amount | $50M | $12.5M | $43.5M | ||
New? | Yes | No | Yes | ||
Co-Investors | |||||
Sources | 3 | 1 |
CIT Venture Capital Portfolio Exits
25 Portfolio Exits
CIT Venture Capital has 25 portfolio exits. Their latest portfolio exit was Lime Energy on November 09, 2018.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
11/9/2018 | Acq - P2P | 4 | |||
11/6/2018 | Acquired | 2 | |||
3/1/2018 | Acquired | 1 | |||
Date | 11/9/2018 | 11/6/2018 | 3/1/2018 | ||
|---|---|---|---|---|---|
Exit | Acq - P2P | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 4 | 2 | 1 |
CIT Venture Capital Acquisitions
3 Acquisitions
CIT Venture Capital acquired 3 companies. Their latest acquisition was Miles Kimball Company on April 21, 2003.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
4/21/2003 | Acquired | |||||
3/17/2000 | ||||||
5/11/1998 |
Date | 4/21/2003 | 3/17/2000 | 5/11/1998 |
|---|---|---|---|
Investment Stage | |||
Companies | |||
Valuation | |||
Total Funding | |||
Note | Acquired | ||
Sources |
CIT Venture Capital Team
1 Team Member
CIT Venture Capital has 1 team member, including current Chief Executive Officer, David McKerroll.
Name | Work History | Title | Status |
|---|---|---|---|
David McKerroll | Chief Executive Officer | Current |
Name | David McKerroll |
|---|---|
Work History | |
Title | Chief Executive Officer |
Status | Current |
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