DAVID AVERETT

David Averett serves as a highly respected Managing Director at Summit Partners, a prominent global growth equity firm. In this pivotal role, he is instrumental in leading investments in dynamic, high-growth companies, primarily within the technology and healthcare sectors. Averett's expertise spans a broad range of sub-sectors, including enterprise software, cybersecurity, healthcare IT, and tech-enabled services, where he seeks out innovative businesses poised for significant expansion.

At Summit Partners, David Averett is known for his strategic vision and deep understanding of market trends. He partners closely with management teams, providing not only capital but also strategic guidance and operational support to help companies scale and achieve their full potential. His investment philosophy centers on identifying market leaders with strong fundamentals and sustainable competitive advantages, fostering their growth through various stages of development.

Before joining Summit Partners in 2007, Averett honed his financial acumen and investment expertise through diverse experiences. He previously worked at TA Associates, another leading private equity firm, where he gained valuable insights into growth equity investing. His career also includes a tenure in investment banking at Credit Suisse First Boston, providing him with a robust foundation in corporate finance and transaction execution. This comprehensive background equips him with a unique perspective on evaluating investment opportunities and navigating complex market landscapes.

David Averett's educational background further underscores his strong analytical capabilities. He earned his Master of Business Administration from Harvard Business School and holds a Bachelor of Arts from Dartmouth College. These academic achievements complement his professional experience, contributing to his well-rounded approach to investment management.

Throughout his career at Summit Partners, David Averett has been involved in numerous successful investments that have gone on to achieve significant milestones. Notable examples include his work with companies like AvePoint (NYSE: AVPT), a leading data management and migration solution provider; Clearwater Analytics (NYSE: CWAN), a premier SaaS solution for investment accounting and reporting; Jamf (NASDAQ: JAMF), a global leader in Apple device management; Klaviyo (NYSE: KVYO), a marketing automation platform; and Smartsheet (NYSE: SMAR), a work management platform. These investments highlight his ability to identify and support companies that redefine their respective industries, driving substantial value for both the companies and Summit Partners' investors.