ROWLEY, MA (October 17, 2017) – The Harvey Performance Company team is excited to announce a growth equity investment from Summit Partners, a global growth equity investor based in Boston, MA. The funding will be used to foster continued growth, generate ongoing product development, and advance new initiatives.
“This funding will support Harvey Performance Company’s ongoing product innovation efforts, allowing us to sustain our tremendous growth we’ve enjoyed over the last several years,” said Pete Jenkins, Harvey Performance Company Chief Executive Officer. “We’re so appreciative of the Summit team for sharing our vision of growth, and the importance of continued outstanding customer service.”
Founded in 1984, Summit (www.summitpartners.com) has become the investment partner of choice for many of the best growth companies in the world. Its leadership team, averaging more than 13 years of experience, has proven results with aiding businesses reach new, exceptional heights. Summit partners with hundreds of companies, including Uber, NetBrain Technologies, Fuze, and MarketLogic, among others.
Summit’s investment in Harvey Performance Company is its third such partnership in its history. Most recently in 2014, prior to the inception of Harvey Performance Company, The Riverside Company (www.riversidecompany.com) invested in Harvey Tool Company. With its help, Harvey Tool’s acquisition of Helical Solutions and the creation of Harvey Performance Company, was made possible.
“With Riverside’s tremendous partnership over the last three years, we’ve accomplished so much,” Jenkins said. “We can’t wait for more great things to come with Summit.”