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Investments

90

Portfolio Exits

29

Funds

2

Partners & Customers

1

Service Providers

1

About Susquehanna Growth Equity

Susquehanna Growth Equity was founded in 2006 to create a different kind of growth equity investor: a firm that itself is funded by entrepreneurs who understand the ups-and-downs of operating a business; a firm that has no fixed time horizons and is not subject to the vagaries of the private equity fundraising cycle; a firm that can be flexible in the types of deals it does, the securities it holds, and the risks it takes; and a firm which will help strategically without forcing its operational playbook on the operators we are backing.

Susquehanna Growth Equity Headquarter Location

401 City Avenue Suite 220

Bala Cynwyd, Pennsylvania, 19004,

United States

610-617-2600

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Latest Susquehanna Growth Equity News

Navidar Advises Tekmetric on Capital Raise from Susquehanna Growth Equity (SGE)

May 24, 2022

May 24, 2022 08:00 AM Eastern Daylight Time HOUSTON--( BUSINESS WIRE )-- Navidar is pleased to announce that Tekmetric , the leading cloud-based shop management system for auto repair shops, has received a Series A, growth equity investment from Susquehanna Growth Equity (“SGE”), a leading growth equity firm. Tekmetric, a leading shop management system designed by a former shop owner, enables auto repair shop owners to enhance productivity and increase profitability through its fully-integrated system. Tekmetric’s comprehensive, intuitive interface provides streamlined workflows to enable seamless management of every aspect of auto repair shops. Tekmetric is a game changer for its customers, delivering compelling value through increased efficiencies, productivity, revenue and profits. “As a former shop owner myself, I know how difficult it can be to find a system like Tekmetric that shop owners can trust with their business,” said Sunil Patel, Co-Founder and Co-CEO of Tekmetric. “At Tekmetric, we strive to build strong relationships with our users to support their business growth. The Navidar team’s assistance in this process provided similar guidance that we strive to provide to our own stakeholders, and we appreciate their partnership as we take this next step in scaling our business.” "Tekmetric’s deep industry knowledge and its seamless, user-friendly shop management system makes it a leader in the end markets it serves. Through its partnership with SGE, Tekmetric is well positioned to grow its value proposition in both existing and new markets. Emerging software companies like Tekmetric are putting Houston in the spotlight of great cities with a growing tech scene. Navidar is proud to have worked with Sunil, Prasanth and the Tekmetric team to achieve this successful outcome,” said Mark Weisman, Managing Director of Navidar. About Tekmetric Tekmetric, a Houston-based auto repair technology company, offers a cloud-based platform that enables auto repair shop owners to enhance productivity and increase profitability through its streamlined workflow management processes. Designed by a former shop owner, Tekmetric’s platform drives shop efficiency through real-time data, a customizable user interface and customer-centric communication tools. Since its launch in 2016, Tekmetric has disrupted the industry with its robust fully-integrated system, developed with an emphasis on customer transparency and user collaboration. For more information, visit www.tekmetric.com . About Navidar Navidar Holdco LLC (“Holdco”), with a presence in Austin, Atlanta, Cleveland, Dallas, Denver, Indianapolis, Minneapolis and San Antonio, is an investment banking firm that provides strategic merger and acquisition advice, capital raising solutions, and corporate advisory services to businesses and investors in dynamic industries. The firm focuses on SaaS software, eCommerce & Internet, information technology services, specialty manufacturing, and health care information technology companies. Navidar principals have completed more than 400 transactions representing nearly $110 billion in M&A and capital raising, for both private and public companies, over the past 20 years. Navidar Group LLC, an affiliate of Holdco, is a broker-dealer that is registered with FINRA and SIPC. To learn more, visit www.navidar.com . Contacts

Susquehanna Growth Equity Investments

90 Investments

Susquehanna Growth Equity has made 90 investments. Their latest investment was in HackerRank as part of their Series D on March 3, 2022.

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Susquehanna Growth Equity Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/29/2022

Series D

HackerRank

$60M

Yes

4

3/16/2022

Growth Equity

Tekmetric

Yes

1

12/14/2021

Series A

Famly

$18M

Yes

Undisclosed Angel Investors

5

9/13/2021

Growth Equity

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10

8/24/2021

Series B

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$99M

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10

Date

3/29/2022

3/16/2022

12/14/2021

9/13/2021

8/24/2021

Round

Series D

Growth Equity

Series A

Growth Equity

Series B

Company

HackerRank

Tekmetric

Famly

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Amount

$60M

$18M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Undisclosed Angel Investors

Sources

4

1

5

10

10

Susquehanna Growth Equity Portfolio Exits

29 Portfolio Exits

Susquehanna Growth Equity has 29 portfolio exits. Their latest portfolio exit was Netformx on December 12, 2021.

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

12/12/2021

Acquired

1

8/2/2021

Acquired

$99M

5

7/23/2021

IPO

$99M

26

7/20/2021

Acquired

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10

7/1/2021

IPO

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$99M

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10

Date

12/12/2021

8/2/2021

7/23/2021

7/20/2021

7/1/2021

Exit

Acquired

Acquired

IPO

Acquired

IPO

Companies

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Valuation

$99M

$99M

$99M

Acquirer

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Sources

1

5

26

10

10

Susquehanna Growth Equity Acquisitions

5 Acquisitions

Susquehanna Growth Equity acquired 5 companies. Their latest acquisition was MediSpend on May 26, 2021.

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

5/26/2021

Debt

$99M

$1.5M

Acq - Fin

1

12/16/2015

Growth Equity

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$99M

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10

4/18/2011

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$99M

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0

8/5/2010

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$99M

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0

12/13/2006

Other

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$99M

$99M

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0

Date

5/26/2021

12/16/2015

4/18/2011

8/5/2010

12/13/2006

Investment Stage

Debt

Growth Equity

Other

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$1.5M

$99M

Note

Acq - Fin

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Sources

1

10

0

0

0

Susquehanna Growth Equity Fund History

2 Fund Histories

Susquehanna Growth Equity has 2 funds, including SIG Growth Equity Management II.

Closing Date

Fund

Fund Type

Status

Amount

Sources

12/31/2009

SIG Growth Equity Management II

Diversified Private Equity

Closed

$150M

1

6/5/2006

SIG Growth Equity Management I

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$99M

10

Closing Date

12/31/2009

6/5/2006

Fund

SIG Growth Equity Management II

SIG Growth Equity Management I

Fund Type

Diversified Private Equity

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Status

Closed

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Amount

$150M

$99M

Sources

1

10

Susquehanna Growth Equity Partners & Customers

1 Partners and customers

Susquehanna Growth Equity has 1 strategic partners and customers. Susquehanna Growth Equity recently partnered with MediSpend on July 7, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

7/27/2021

Partner

United States

09:00 ET MediSpend Provides Glimpse into the Future

Susquehanna Growth Equity 's partnership with MediSpend promotes enhancements across the company as they expand their product offering .

1

Date

7/27/2021

Type

Partner

Business Partner

Country

United States

News Snippet

09:00 ET MediSpend Provides Glimpse into the Future

Susquehanna Growth Equity 's partnership with MediSpend promotes enhancements across the company as they expand their product offering .

Sources

1

Susquehanna Growth Equity Service Providers

1 Service Provider

Susquehanna Growth Equity has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Counsel

Service Provider

Associated Rounds

Provider Type

Counsel

Service Type

Partnership data by VentureSource

Susquehanna Growth Equity Team

4 Team Members

Susquehanna Growth Equity has 4 team members, including current Managing Director, Jonathan Klahr.

Name

Work History

Title

Status

Amir Goldman

Robertson Stephens

Founder

Current

Vincenzo La Ruffa

Founder

Current

Jonathan Klahr

BRM Group

Managing Director

Current

Gabriel Even-Chen

Investment Partner

Current

Name

Amir Goldman

Vincenzo La Ruffa

Jonathan Klahr

Gabriel Even-Chen

Work History

Robertson Stephens

BRM Group

Title

Founder

Founder

Managing Director

Investment Partner

Status

Current

Current

Current

Current

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