Summit Partners, a global growth equity investor, has hired John Coughlin to the firm’s executive-in-residence (EIR) program.

In this role, Coughlin will work with Summit’s growth products and services team to identify investment opportunities and advise growth-stage companies in the payments, financial technology and business services sectors. He brings experience building and managing teams and businesses in the payments industry. He was formerly a member of the executive team at Summit-backed Fleetcor Technologies. During his 12-year tenure, Coughlin helped lead the company through a period of growth. Most recently, Coughlin served as group president, corporate payments, where he ran Fleetcor’s AP automation, corporate and virtual card and cross-border payments business. Prior to that, he served as EVP of global corporate development where his team completed 38 acquisitions and deployed $8.6 billion in capital over a nine-year period.