Private | |
Industry | Private equity |
Founded | 1992 |
Headquarters | Baltimore, Maryland, United States |
Key people
|
Harry Gruner Charlie Noell Paul Barber Peter Arrowsmith Jit Sinha Brian Hersman Bob Nye Matt Emery Dave Greenberg Kathy Fields |
Website | www.jmi.com |
JMI Equity is an American growth equity firm focused on investing in leading software, internet, business services and healthcare IT companies. JMI provides capital for growth, recapitalizations, acquisitions and buyouts. Founded in 1992, JMI has invested in more than 115 companies throughout North America and Canada and has raised over $3.1 billion of committed capital. JMI VIII closed in August 2014 with $1 billion of committed capital. JMI VII closed in November 2010 with $875 million of committed capital. JMI VI closed in July 2007 with $600 million of committed capital. Representative investment holdings include, ServiceNow (NYSE: NOW), Intergraph,DoubleClick,Kronos,Eloqua (NASDAQ: ELOQ) and Undertone Networks.
JMI has offices in Baltimore, Maryland and San Diego, California, and has 31 investment professionals. JMI is a member of the NVCA, MAVA and CVCA.
In 1992, JMI was founded by Charles Noell and Harry Gruner with initial limited partner funding provided by John Moores, the founder and former Chairman and CEO of BMC Software. Prior to 1992, Noell and Gruner managed some of the largest and highest-profile information technology mergers, acquisitions and IPOs of the 1980s and early 1990s including Microsoft and Oracle while at Alex. Brown & Sons, Inc. While JMI’s General Partners continue to be significant investors, JMI has expanded its investor base to include leading pension funds, financial institutions, endowments, family offices and other investors.
Current and past investment holdings in notable companies include: