Summit Technology Consulting Group, LLC
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Summit Technology Consulting Group, LLC - overview
Established
2007
Location
-, PA, US
Primary Industry
IT Infrastructure
About
Based in Pennsylvania, US, and founded in 2007, Summit Technology Consulting Group, LLC operates as a provider of information technology (IT) modernization solutions to the banking and credit union sectors to improve their operational efficiency and security measures. In April 2024, Enlightenment Capital invested in Summit Technology Consulting Group, LLC. As of 2024, the company is led by its CEO, Benjamin Wallace, and its client base includes MBE Capital, Centier Bank, Community Bank of Mississippi, and Old National Bank. The company provides a wide range of information technology services, including cloud engineering, virtual desktops, API integration, performance engineering, and DevOps, for improving the operational performance of financial institutions, U.
S. federal government agencies, commercial financial institutions, and enterprises. Moreover, the firm offers platforms such as Lenders Cooperative, Bank Operations, and Credit Underwriting for simplifying banking processes. Furthermore, Summit Technology Consulting Group, LLC offers advisory services including cloud modernization, risk and compliance, and technology transformation services for guiding organizations through technological advancements and regulatory compliance.
Additionally, the company provides various solutions, including a workflow automation engine, a smart dashboard, universal application monitoring, and a technologist toolkit to automate processes, visualize data, monitor applications, and optimize resources for financial institutions.
Current Investors
Enlightenment Capital
Primary Industry
IT Infrastructure
Sub Industries
IT Infrastructure, Accounting/Finance Software
Website
www.thesummitgrp.com/
Verticals
Cloud Computing, FinTech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Summit Technology Consulting Group, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | RiverNorth, Inc. | - | ||||||||
| Growth | Completed | Summit Technology Consulting Group, LLC | - |
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