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
ServiceNow (NYSE: NOW), Intergraph,
DoubleClick, Kronos, Eloqua (NASDAQ: ELOQ) and Undertone
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
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Current and past investment holdings in notable companies include:
Activant Solutions, Inc.
EMS Software, LLC (formerly Dean Evans & Associates, Inc.)
Halogen Software, Inc.
Jackson Hewitt Tax Service, Inc.
META Group, Inc.
Mitchell International, Inc.
^ JMI Closes $600M Private Equity Fund (AltAssets, 2007)
^ JMI and Hellman & Friedman Acquire Intergraph
DoubleClick Agrees to $1.1 Billion Buyout (TechWeb Technology News,
^ Buyout Deal for Kronos (New York Times, 2007)
^ Undertone Networks Announces Strategic Investment from JMI Equity
^ NVCA Member Profile – JMI Equity
^ MAVA Member Profile – JMI Equity
^ CVCA International Member Profile – JMI Equity
Private equity and venture capital investment firms
History of private equity and venture capital
Early history of private equity
Private equity in the 1980s
Private equity in the 1990s
Private equity in the 2000s
Corporate venture capital
Fund of funds
Sovereign wealth fund
Private equity firms
Venture capital firms