Summit Partners’ $96 Million Growth Equity Investment in ConstructSecure

Choate represented Summit Partners in the transaction.

Summit Partners executed its $96 million growth equity investment in ConstructSecure, the Partner Elevation Platform for capital projects and operation.

Recognizing that “prequalification” alone can’t identify new risks as they arise for construction firms and facility owners, ConstructSecure is pioneering a new approach to managing capital projects.

Today, the company’s Partner Elevation platform is used to power over $35B of combined assets and projects with contracting partners in 62 countries around the globe.

This investment will help enable further product development and support ConstructSecure’s expanded mission to help clients deliver successful capital projects by elevating the capabilities of their partners and mitigating risk across capital project lifecycles.

The Choate team included John Marshall Chambers, Principal, Wells W. Miller, Partner, Kevin Milton, Associate, T.J. Murphy, Practice Group Leader – Private Equity, Elizabeth Powers, Of Counsel, Alison F. Reif, Practice Group Leader – Labor & Employment, and Dana W. Spigelman, Senior Associate, 

Involved fees earner: John Marshall Chambers – Choate; Wells Miller – Choate; Kevin Milton – Choate; T.J. Murphy – Choate; Elizabeth Powers – Choate; Alison Reif – Choate; Dana Spigelman – Choate;

Law Firms: Choate;

Clients: Summit Partners;