Foster City, CA—August 29, 2018 —Sumeru Equity Partners (SEP), a growth-focused technology investment firm, today announced several recent hires to bolster its investment, operating and finance teams. Ben Cox and Faton Gjuka have joined the firm as Operating Principals, and Michelle Ruggeri joined as Controller. In addition, Maddison Smith and Nathan Stanley have joined the firm as Investment Associates.
“The continued growth of our team is a logical expansion given our success and momentum in the market and growth of our portfolio. We continue to find interesting opportunities, and based on the strong pace of activity and the attractive environment for our investment strategy, we are increasing our capacity to go after them,” said SEP Managing Partner Kyle Ryland.
SEP has made four new enterprise software investments over the past 12 months– Kyriba, GoGuardian, Azuga and Actian.
Cox and Gjuka each bring more than 10 years of operating experience to SEP, where they will focus on portfolio companies’ go-to-market acceleration and improving their sales, marketing, product management and customer success functions. “Ben and Faton augment SEP’s value creation capacity by complementing our existing team of four Managing Directors with deep operating backgrounds,” said Randy Randleman, SEP Managing Director and Chief Operating Officer.
Cox previously held several executive roles with a private equity backed midmarket software company and also led management consulting teams at Bain & Co. He is a graduate of Grace University and has an MBA from Columbia Business School.
Prior to joining SEP, Gjuka led the IoT Solutions team at C3IoT and was a management consultant at Bain & Co. He has a computer science degree from the University of Toledo and an MBA from the University of Virginia’s Darden Business School.
Michelle Ruggeri joins SEP from Marcato Capital Management, where she was VP of Finance. Prior to that, she worked at Farallon Capital. She began her career in tax at PriceWaterhouseCoopers. She is a graduate of Santa Clara University.
Prior to joining SEP, Maddison Smith worked in the Consumer Retail Group at Barclay’s Investment Bank in New York. She is a graduate of the University of Georgia and Terry College of Business.
Nathan Stanley worked in the technology group at Evercore before joining SEP. He is a graduate of Colorado School of Mines.
About Sumeru Equity Partners
Sumeru Equity Partners is a technology-focused private equity firm that invests in middle market companies across software, technology-enabled services and hardware. The firm employs a growth-oriented partnership model with technology companies and typically invests $25-200 million per transaction. The firm was founded in 2014 by an experienced team from Silver Lake Sumeru, a private equity fund started in 2007 within Silver Lake. Sumeru Equity Partners utilizes extensive operating and investment experience in partnership with management teams to drive company growth and build strategic value. For more information please visit www.sumeruequity.com.
The Blueshirt Group