Ownership stake · Activity not yet classified
Buildium
Transaction overview
Reported completed
Exact closing date not established.
In an April 2, 2020 retrospective, Sumeru Equity Partners reported acquiring a controlling stake in Buildium from its founders in 2016. The exact date and ownership percentage were not stated. The historical entry is separate from the already-reported 2019 sale to RealPage; attribution is to the sponsor manager.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- Mergers & Acquisitions Recognizes Sumeru as PE Seller of the Year for 2019 ↗
Sumeru Equity Partners (republished Mergers & Acquisitions retrospective) · Published Apr 2, 2020
Reports Sumeru acquired a controlling stake in Buildium from its founders in 2016, separately from the 2019 exit.