Shea & Company Advises Cove Hill Partners on its Strategic Investment in Swiftly
Swiftly Profile
- Swiftly is a best-in-class public transportation software for agencies to share real-time passenger information, manage day-to-day operations, analyze performance and ridership data and improve service reliability
- Over 190 transit agencies in 12 countries – including Los Angeles Metro, SEPTA in Philadelphia, MBTA in Boston, and Miami-Dade DTPW — rely on Swiftly to improve on-time performance, increase passenger information accuracy and analyze transit data faster
- Swiftly was founded in 2014 and is headquartered in San Francisco, CA
Cove Hill Partners Profile
- Cove Hill Partners is a long-term oriented private equity firm focused on partnering with outstanding management teams to build market-leading technology and consumer companies
- The firm manages long-duration funds with over $4.5 billion of commitments from its investors and founders
- The firm was founded in 2017 by seasoned private equity investors to invest their personal capital alongside a small group of like-minded investors
- Based in Boston, Cove Hill has an innovative structure that provides the flexibility to enable a patient, concentrated, and value-add approach in a small portfolio of long-term investments
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Public transportation plays a vital role in communities worldwide, and with this new strategic investment, we will double down on our ambitious mission to make cities move efficiently. We are thrilled to welcome Cove Hill as a strategic partner, and for the continued support of JMI Equity as we enter our next chapter of growth.
Jonathan Simkin
CEO, Swiftly
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Cove Hill is honored to partner with Jonny and the entire Swiftly Team to support the company’s next phase of growth. We are impressed by Swiftly’s track record of product development and outstanding service to transit agencies of all sizes, and believe our investment will enable Swiftly to build on this success.
Dan May
Co-Founder and Partner, Cove Hill
Transaction Notes
- Cove Hill’s strategic investment in Swiftly was announced on May 29, 2025; financial terms were not disclosed
- JMI Equity participated alongside Cove Hill in the transaction
- Shea & Company served as the exclusive financial advisor to Cove Hill Partners