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Sverica Capital Management LP (“Sverica”) announced today the sale of 7Summits, LLC (“7Summits” or the “Company”), a leading Salesforce digital solutions consultancy, to International Business Machines Corporation (“IBM”). This marks the culmination of a seven-year successful partnership with 7Summits, during which the Company nearly quintupled in size while going from no Salesforce presence to being one of the largest independent providers in the ecosystem.
In 2013, Sverica partnered with 7Summits Founder & CEO Paul Stillmank to capitalize on the company’s core strength using technology to collaborate with co-workers, partners and customers to create business growth and efficiencies. Sverica and Paul then reinvested back into the company for several years to focus on driving the Company’s Salesforce business, implementing systems and processes to enhance forward revenue vis ....

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