Investor Type | Firm |
Industries | IT (& TMT) • HealthTech (& Fitness) |
Investing | United States |
Investment Range | $7,250,000 - $7,250,000 |
SunTrust Equity Funding, also known as SunTrust Equity Partners (STEP), operates as the merchant banking arm of SunTrust Banks. They focus on investing in growing middle-market companies by providing equity and subordinated debt. Since their establishment in 1995, they have invested in over 80 companies and limited partnerships across various industries, demonstrating an extensive track record in the investment space. STEP has carved out a niche in the investment community by concentrating their efforts on IT & TMT (Technology, Media, and Telecommunications) as well as HealthTech & Fitness industries, showcasing their expertise and commitment to sectors with high growth potential. They offer financial support with both the minimum and maximum investment amount fixed at $7,250,000, highlighting a specific investment scale and a clear understanding of the level at which they operate. This consistent investment size indicates a strategic focus on providing significant capital to make a meaningful impact on their target companies' growth trajectories. As a division of a known financial institution, SunTrust Equity Funding leverages the broader resources and industry knowledge within SunTrust Banks to add value beyond mere capital investment, although, as an autonomous group, they employ their specific approach tailored to the middle market segment. They pride themselves on a partnership approach, aiming to build lasting value in the companies they invest in while nurturing growth and innovation within their chosen domains.