Mount Meru

Q4 Inc. Shareholders Approve Arrangement with Sumeru Equity Partners

Retrieved on: 
Wednesday, January 24, 2024
Communications, Professional Services, Public Relations, Investor Relations, Finance, Proxy, Arrangement, Mount Meru, Special, Indian stock exchange, Court, TSX, Minority, Shareholder, Date, Hearing, Inc., Security (finance)

Q4 Inc. (TSX:QFOR) (“Q4” or the “Company”), the leading capital markets access platform, today announced that at its special meeting (the “Special Meeting”) of shareholders of the Company (“Shareholders”) held today, Shareholders voted to approve the proposed arrangement transaction (the “Arrangement”) with a newly formed entity (the “Purchaser”) controlled by Sumeru Equity Partners (“Sumeru”), a leading technology-focused investment firm, whereby the Purchaser will acquire all of the issued and outstanding common shares of the Company (“Common Shares”) for $6.05 per Common Share, other than those held by certain Shareholders rolling their equity interests.

Key Points: 
  • Q4 Inc. (TSX:QFOR) (“Q4” or the “Company”), the leading capital markets access platform, today announced that at its special meeting (the “Special Meeting”) of shareholders of the Company (“Shareholders”) held today, Shareholders voted to approve the proposed arrangement transaction (the “Arrangement”) with a newly formed entity (the “Purchaser”) controlled by Sumeru Equity Partners (“Sumeru”), a leading technology-focused investment firm, whereby the Purchaser will acquire all of the issued and outstanding common shares of the Company (“Common Shares”) for $6.05 per Common Share, other than those held by certain Shareholders rolling their equity interests.
  • Of the votes cast at the Special Meeting with respect to the Arrangement, a total of 31,425,048 votes were cast in favour of the Arrangement, representing approximately 81.48% of the votes cast on the special resolution approving the Arrangement.
  • The Company’s full report of voting results will be filed under the Company’s profile on SEDAR+ at www.sedarplus.ca .
  • Darrell Heaps, Q4 Founder and CEO commented: “We are pleased with the outcome of today’s vote and want to thank our Shareholders for their support and understanding of the strategic rationale for this transaction.

Q4 Inc. Enters into Definitive Agreement to be Acquired by Sumeru Equity Partners

Retrieved on: 
Monday, November 13, 2023
Software, Other Communications, Finance, Public Relations, Investor Relations, Communications, Professional Services, Technology, Fintech, Rolling, Acquisition, Indian stock exchange, Toronto Stock Exchange, Stikeman Elliott, Related, Arrangement, Special, Judgement, Growth, TSX, Model Business Corporation Act, Superior (proposed U.S. state), Gibson Dunn, Disclosure, Minority, Organization, Independent, Q4, Financial assistance (share purchase), Inc., Dorsey & Whitney, Partnership, National instrument, Telephone, The Arrangement, LLP, Immediate, Stifel, Committee, Fairness opinion, Multilateral, Security (finance), Management, Cryptocurrency, Property management, Audit, Lease, Shareholder, Mount Meru, Court

Julie Silcock, Independent Director of the Q4 Inc. Board said, "We are pleased to have reached this agreement with Sumeru Equity Partners, which delivers significant, immediate value to shareholders.

Key Points: 
  • Julie Silcock, Independent Director of the Q4 Inc. Board said, "We are pleased to have reached this agreement with Sumeru Equity Partners, which delivers significant, immediate value to shareholders.
  • Q4 has become a central force in how thousands of public companies communicate and engage with the market.
  • The Q4 Platform, fueled by innovative technology, data, and insights, empowers our customers to communicate their investment story to the world.
  • The process and negotiation of the Arrangement with Sumeru were supervised by a committee of independent directors (the “Special Committee”).

Lumber Launches Platform for Transforming Construction Workforce Management With $5.5M Seed Round

Retrieved on: 
Tuesday, September 12, 2023
Workforce, DPR Construction, Chicago Growth Partners, Software as a service, Construction, LLM, Dynamic Signal, Automation, DPR, Growth, Entrepreneurship, Mount Meru, Velocity, Software, Lumber, Cryptocurrency, Toric

SARATOGA, Calif., Sept. 12, 2023 /PRNewswire/ -- Lumber, creator of the comprehensive workforce management platform for construction, today announced the launch of its SaaS product and the completion of a $5.5M seed round of funding. With its fully integrated, purpose-built solutions, Lumber is designed to meet the growing compliance and workforce needs of an essential industry. 

Key Points: 
  • Lumber offers purpose-built workforce management solution, powered by the largest regulatory dataset for the construction industry and a proprietary LLM
    SARATOGA, Calif., Sept. 12, 2023 /PRNewswire/ -- Lumber, creator of the comprehensive workforce management platform for construction, today announced the launch of its SaaS product and the completion of a $5.5M seed round of funding.
  • With its fully integrated, purpose-built solutions, Lumber is designed to meet the growing compliance and workforce needs of an essential industry.
  • Today, the construction industry faces significant technological limitations while struggling to meet complex regulatory and labor requirements, making modernization and growth difficult.
  • The Lumber platform is making unified workforce management vision a reality by integrating disparate data elements from various systems and project stages," said Gerardo Rivera, Co-owner of Level 5 Drywall.

EQS-News: Vice President Mpango, United States Agency for International Development (USAID) Administrator Samantha Power Tour m-mama Dispatch Centre in Arusha, Tanzania

Retrieved on: 
Friday, June 23, 2023
Volunteering, Private sector, Partnership, Dispatcher, United, United States Agency for International Development, Hope, Vodafone, Pathfinder International, Government, International development, Mother, Somatosensory system, Nursing, Child, Knowledge, Infant, Mortality, Health, USAID, Administrator of the United States Agency for International Development, Vodacom, Tourism, Vodacom Tanzania, Mount Meru

Vice President Mpango, United States Agency for International Development (USAID) Administrator Samantha Power Tour m-mama Dispatch Centre in Arusha, Tanzania

Key Points: 
  • Vice President Mpango, United States Agency for International Development (USAID) Administrator Samantha Power Tour m-mama Dispatch Centre in Arusha, Tanzania
    The issuer is solely responsible for the content of this announcement.
  • Vice President Mpango, United States Agency for International Development (USAID) Administrator Samantha Power Tour m-mama Dispatch Centre in Arusha, Tanzania
    Vice President of the United Republic of Tanzania, Hon.
  • Dr. Philip Isdor Mpango together with the Administrator of the United States Agency for International Development (USAID), Ms. Samantha Power, embarked on a joint visit to the m-mama Arusha Dispatch Center located at the Mount Meru hospital, Arusha.
  • The visit by Vice President Mpango and USAID Administrator Samantha Power reflects the strong partnership between the Government of Tanzania, the United States and private sector in addressing critical healthcare challenges.

Consensus Raises $110M from Sumeru Equity Partners to Accelerate Growth

Retrieved on: 
Wednesday, March 8, 2023
Professional Services, Marketing, Business, Communications, Technology, Software, Consensus, Gartner, Growth, Partnership, Multimedia, Friction, Automation, Consensus decision-making, Cryptocurrency, Sales, Mount Meru

Consensus , the leading intelligent demo automation platform, today announced it has raised $110 million from Sumeru Equity Partners (“Sumeru”).

Key Points: 
  • Consensus , the leading intelligent demo automation platform, today announced it has raised $110 million from Sumeru Equity Partners (“Sumeru”).
  • View the full release here: https://www.businesswire.com/news/home/20230308005208/en/
    Consensus, the first Intelligent Demo Automation Platform focused on scaling Presales teams with interactive video demos, received $110M from Sumeru Equity Partners to accelerate growth and category leadership.
  • The firm partners with founders and management to scale their businesses–prioritizing organic growth levers in product leadership, go-to-market acceleration and growth culture.
  • Along with Babcoke, Sumeru Managing Director and COO Randy Randleman and Vice President Nathan Stanley will join the Consensus Board of Directors.

Zappi Raises $170M from Sumeru Equity Partners to Digitize Enterprise Market Research

Retrieved on: 
Tuesday, December 13, 2022
Probability, Heart, Culture, Mount Meru, ROI, Software, Cape Town, Life, Macdonald, Partnership, Advertising, Jefferies Group, Software as a service, Heineken, Knowledge, AI, McDonald's, Growth, Thought, PepsiCo, Newsweek, Comparative advertising, Business Insider, Martech, Retail, Security (finance), Creative industries, Video game, Zappi

LONDON and BOSTON, Dec. 13, 2022 /PRNewswire-PRWeb/ -- Zappi, the leading consumer insights platform designed for creators, today announced it has raised $170 million in growth capital from Sumeru Equity Partners ("Sumeru") and co-investors.

Key Points: 
  • LONDON and BOSTON, Dec. 13, 2022 /PRNewswire-PRWeb/ -- Zappi , the leading consumer insights platform designed for creators, today announced it has raised $170 million in growth capital from Sumeru Equity Partners ("Sumeru") and co-investors.
  • With the help of Zappi, insights leaders can accelerate innovation pipelines and bring new ideas to market faster.
  • "Zappi has a bold vision for the future: we want to digitize consumer insights for every enterprise," said Steve Phillips, CEO and co-founder of Zappi.
  • Sumeru Equity Partners ("Sumeru") provides growth capital at the intersection of people and innovative technology.

Sumeru Equity Partners Closes Oversubscribed Fund IV at Hard Cap of $1.3 Billion

Retrieved on: 
Friday, November 4, 2022
Professional Services, Finance, History, Software as a service, Kirkland & Ellis, Technology, Vista Equity Partners, Lazard, Environment, Partnership, Financial services, Mount Meru

Sumeru Equity Partners (Sumeru), a leading technology-focused growth capital firm, today announced the closing of Sumeru Equity Partners Fund IV at the hard cap with $1.3 billion in total capital commitments.

Key Points: 
  • Sumeru Equity Partners (Sumeru), a leading technology-focused growth capital firm, today announced the closing of Sumeru Equity Partners Fund IV at the hard cap with $1.3 billion in total capital commitments.
  • The total amount raised significantly exceeded Sumerus $1.0 billion target and is nearly double its predecessor fund.
  • Sumeru Fund IV will follow the firms established model of providing growth capital, scaling partnership, and operating expertise to leading enterprise technology companies in North America and Europe.
  • Sumeru Equity Partners (Sumeru) provides growth capital at the intersection of people and innovative technology.

GoGuardian Adds LinkedIn Executive Ya Xu to Board of Directors

Retrieved on: 
Thursday, October 6, 2022
Online, LinkedIn, U.S. Department of Defense Strategy for Operating in Cyberspace, School, Statistics, United States Department of Education, Equitable, Multimedia, Microsoft, Woman, Student, YA, LOS, TutorMe, For America, Learning, Teach For America, AI, CEO, Safety, AAAI Squirrel AI Award, Stanford University, VentureBeat, CTO, Solution, Leadership, Management, Tutoring, Qualtrics, Education, Technology, Fortune, Engineering, Industry, Data science, GoGuardian, Mount Meru

LOS ANGELES, Oct. 6, 2022 /PRNewswire/ -- GoGuardian, the leading education technology company providing simple, proven solutions to create effective, engaging, and safer learning environments, today announced the addition of Ya Xu, an industry-leading expert on data science, to its board of directors. Ya currently serves as Vice President of Engineering and Head of Data and AI at LinkedIn, the world's largest professional network.

Key Points: 
  • Ya currently serves as Vice President of Engineering and Head of Data and AI at LinkedIn, the world's largest professional network.
  • Ya brings deep expertise in data science to the board of directors, helping GoGuardian better deliver ethical, data-driven educational technologies that benefit students, educators, and society as a whole.
  • Schools have returned to normalcy, yet many students are struggling to catch up with pandemic-related unfinished learning," said Advait Shinde, co-founder and CEO, GoGuardian.
  • We're thrilled to have Ya, one of the world's leading data science experts, join our board of directors at such an important time."

GoGuardian Adds Teach For America CEO Elisa Villanueva Beard to Board of Directors

Retrieved on: 
Tuesday, August 16, 2022
Technology, Software, Other Education, Continuing, Training, University, Preschool, Primary, Secondary, Education, United States Department of Education, Teach For America, ALPFA, Multimedia, Association, For America, CEO, Technology, Leadership, AT, Microsoft, Life, Privacy Office of the U.S. Department of Homeland Security, School, Rio Grande Valley, Education, Rio, Child, CTO, Educational equity, Solution, LinkedIn, Student, Management, Tutoring, Mount Meru, Qualtrics, GoGuardian

GoGuardian, the leading education technology company providing simple, proven solutions to create effective, engaging, and safer learning environments, today announced Elisa Villanueva Beard joined its board of directors.

Key Points: 
  • GoGuardian, the leading education technology company providing simple, proven solutions to create effective, engaging, and safer learning environments, today announced Elisa Villanueva Beard joined its board of directors.
  • Villanueva Beards more than 20 years of experience in education, including seven years as the CEO of Teach For America, combined with her career-long devotion to educational equity and excellence, helps deepen the student-centered mindset of the GoGuardian board of directors.
  • View the full release here: https://www.businesswire.com/news/home/20220816005250/en/
    Elisa Villanueva Beard, CEO, Teach For America, has joined the board of directors at leading education technology company GoGuardian.
  • Villanueva Beard has been with Teach For America her entire career, beginning in 1998 when she taught first and second grade bilingual education as a corps member.

beqom Announces $300 Million Strategic Investment From Sumeru

Retrieved on: 
Tuesday, April 12, 2022
Software, Internet, Finance, Consulting, Data Management, Professional Services, Technology, Mobile, Wireless, CEO, Beqom, Compensation, Software, Bombardier Global Express, HCM, DHL, DEI, Growth, Technology, Heart, Company, Industry, Houlihan Lokey, Shea, PepsiCo, Software as a service, Mercedes-Benz, Management, Pictet, Mount Meru

Given the competitive labor market, changing compensation structures, and strategic corporate initiatives including DEI and pay equity, every company must reconsider its rewards strategy.

Key Points: 
  • Given the competitive labor market, changing compensation structures, and strategic corporate initiatives including DEI and pay equity, every company must reconsider its rewards strategy.
  • We are thrilled to partner together with Sumeru to build a global standard for total compensation management.
  • beqom was advised by Houlihan Lokey and Sumeru was advised by Shea & Company.
  • Sumeru (Sumeru Equity Partners) provides growth capital, strategic insight, and operating expertise to enterprise technology companies in North America and Europe.