JMI Equity

JMI Equity
Private Ownership
Industry Private equity
Founded 1992
Headquarters Baltimore, Maryland, United States
Key people
Harry Gruner
Charlie Noell
Paul Barber
Brad Woloson
Peter Arrowsmith
Bob Smith
Chuck Dieveney
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 approximately $3.1 billion of committed capital under management. 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.[1] Representative investments include, ServiceNow (NYSE: NOW), Intergraph,[2] DoubleClick,[3] Kronos,[4] Eloqua (NASDAQ: ELOQ) and Undertone Networks.[5]

JMI has offices in Baltimore, Marylandand San Diego, California, and has 31 investment professionals. JMI is a member of the NVCA,[6] MAVA[7] and CVCA.[8]

History

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.

Portfolio

The companies listed below represent both current and past investments.

References