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Announced

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Summit Partners completed a $40m investment in ProGlove.

Synopsis

Summit Partners, a global growth equity firm, completed a $40m investment in ProGlove, a provider of industrial wearables. "The market for industrial wearables is large and rapidly growing, and we believe ProGlove is well-positioned for continued growth as manufacturing and shipping processes increasingly depend upon smart scanning solutions to optimize productivity," Johannes Grefe, Summit Partners Principal.

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