Summit Partners invests in Cognitive Credit

Summit Partners, a global growth equity firm, has completed a strategic growth investment in Cognitive Credit, which supplies corporate credit data, analytics and AI technology to institutional credit investors. Terms of the transaction were not disclosed.

According to the announcement, the capital will be used to speed the company's international expansion and to scale product development, supporting its role as a technology partner to credit investors worldwide.

Latham & Watkins advised Summit Partners on the deal. The team was led by London partners Ross Allardice and Jon Fox with associate Lauren Woo, alongside London partners Richard Offord and Calum Docherty on data and technology matters and London partner Sarah Gadd on UK employment matters.