SUNSTONE

Welcome to Our 2024 Year In Review

2024
A YEAR OF MILESTONES AND GROWTH

As we reflect on 2024, Sunstone Partners celebrates a year marked by significant milestones and exceptional growth. Our strategic investments, innovative partnerships, and commitment to excellence have driven significant progress across our portfolio. We are proud of what we’ve achieved and excited for the opportunities that lie ahead.

2

PLATFORM INVESTMENTS

2

ADD-ON ACQUISTIONS

2

LIQUIDITY EVENTS

7

SUNSTONIANS HIRED

5

SUNSTONIANS PROMOTIONS

3

FUNDS UNDER MANAGEMENT

$1.7B

IN CAPITAL

15

PORTFOLIO COMPANIES

9

PORTFOLIO EXECUTIVES HIRED

>7,000

TOTAL # OF PORTFOLIO EMPLOYEES

2

PLATFORM INVESTMENTS

2

ADD-ON ACQUISTIONS

2

LIQUIDITY EVENTS

7

SUNSTONIAN HIRED

5

SUNSTONIANS PROMOTIONS

3

FUNDS UNDER MANAGEMENT

$1.7B

IN CAPITAL

15

PORTFOLIO COMPANIES

9

PORTFOLIO EXECUTIVES HIRED

>7,000​

TOTAL # OF PORTFOLIO EMPLOYEES

5X

SUNSTONE PARTNERS WAS RECOGNIZED BY INC. MAGAZINE AS “FOUNDER FRIENDLY INVESTOR” FOR THE FIFTH YEAR IN A ROW.

2024 Activity

NEW PLATFORM INVESTMENTS

Sunstone is very excited to partner with two new platform investments.

TelliHealth, formed through Sunstone Partners’ acquisition and combination of Accuhealth Technology and SignalLamp Health in 2024, is a leading healthcare technology company offering comprehensive remote patient monitoring (“RPM”) and chronic care management (“CCM”) solutions encompassing devices, proprietary software and clinical monitoring. The combined company serves physician offices and health systems throughout the United States

KMS Technology is a leading provider of digital engineering, data, AI and consulting services. The company’s global engineering teams deliver an integrated suite of innovative solutions designed to help businesses accelerate their digital product development and speed-to-market. Headquartered in Atlanta, with additional offices in Vietnam and Mexico, KMS Technology is committed to driving innovation and delivering exceptional value through a technology-focused, customer-centric approach.

ADD-ON ACTIVITY

Sunstone Partners portfolio companies grew with these add on deals.

EverService, a global provider of tech-enabled business solutions, enhanced its digital marketing solutions in 2024 through the acquisition of an additional, vertical market-focused, digital marketing agency. The transaction details have not yet been announced.

Signallamp Health, acquired by and combined with Accuhealth in 2024 to form TelliHealth, is a leading provider of remote Chronic Care Management solutions that enhance patient engagement and satisfaction, improve clinical outcomes, and reduce the overall cost of care.

EXITS

Sunstone Partners achieved liquidity on 2 companies in 2024.

Thirdera, a 2020 Sunstone Partners investment, was sold in 2024 to Cognizant. As the largest global pure-play ServiceNow partner, Thirdera generates transformation, digitization, and automation for our customers. Thirdera’s global team of ServiceNow experts helps customers realize workflow automation and gain maximum platform value.

In 2024, Sunstone Partners sold a majority interest in Knowtion Health, a 2020 Sunstone Partners investment, to Arsenal Capital Partners. As part of this transaction, Sunstone Partners maintains a strategic co-investment in the company. Knowtion Health is a leading provider of revenue cycle insurance claim resolution services supported by AI-enabled technologies. Knowtion helps hospitals and health systems resolve insurance claims, recover low balance accounts, increase their revenue and optimize patient experience.

Events

OUR COMMITMENT TO LEADERSHIP EXCELLENCE

LEAD Program for Future C-Suite Leaders

Each year, a select group of our talented portfolio executives are chosen for our LEAD program, a leadership development program designed to empower emerging leaders with the tools, insights and strategies they need to drive even more success at their companies.

CXO for Executive Teams

We held our annual CXO Summit this past year in Dallas, TX. The executive teams of our portfolio companies were able to partake in a series of informative sessions and to socialize and share experiences.

We held insightful sessions on culture, leadership, AI, Growth strategies and operational excellence , and enjoyed evening events where great connections were created and enhanced.

NEW HIRES AND PROMOTIONS

NEW HIRES

Ayato Kobayashi

Investment Associate

Ben Kurschner

Senior Associate

Cindy Zhou

Investment Associate

Daniel Andrud
Investment Associate
Lily Ashrafi
Business Development Associate
Sana Allam
Business Development Associate
Will Goffe

Investment Associate

Ayato Kobayashi

Investment Associate

Ben Kurschner

Senior Associate

Cindy Zhou

Investment Associate

Lily Ashrafi

Business Development Associate

Daniel Andrud

Investment Associate

Sana Allam

Business Development Associate

Will Goffe

Investment Associate

New Roles & Promotions

Prachi Kanabar

Chief Operating Officer

Rahul Varkhedi

Vice President

Rachel Sullivan

Senior Director of Talent

Alex Huang

Senior Associate

Jack Cassidy

Associate Director of Business Development

Prachi Kanabar

Chief Operating Officer

Rahul Varkhedi

Vice President

Rachel Sullivan

Senior Director of Talent

Alex Huang

Senior Associate

Jack Cassidy

Associate Director of Business Development

TEAM BUILDING EVENTS

In 2024, we strengthened our culture through meaningful team-building experiences, including an offsite retreat in Napa that fostered collaboration and connection. Our annual summer party brought the team together in a relaxed setting, celebrating our successes and reinforcing the bonds that make us stronger as a firm.

INVESTMENT CRITERIA

We make majority and minority investments in technology-enabled services and software businesses that are ready for the next level of growth and have the following characteristics:

Sector Focused

$20M+ of revenue

+20% GROWTH

Check size: $50M - $150M

Interested to learn more about how you can grow your company with Sunstone Partners? We would love to hear from you.

DISCLAIMER: The foregoing is not intended to constitute an offer to sell or buy, nor solicitation of an offer to sell or buy, securities and is intended solely to provide information regarding Sunstone Partners’s financing and development capabilities for prospective portfolio investments. The investments described in this material are not to be considered a complete list of all investments made or currently held by the Sunstone Partners funds. No representation or warranty is made with respect to the accuracy or completeness of the information provided.