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, Charlie and Harry managed some of the largest and highest-profile information technology mergers, acquisitions and IPOs of the 1980s and early 1990s while at Alex. Brown & Sons, Inc.

In 2007, JMI Equity closed its sixth fund bringing its total capital under management to approximately $1.3 billion. While John Moores and 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.

JMI has invested in over 90 leading software and business services companies. A number of our portfolio companies have completed successful IPOs, including Mission Critical Software (NASDAQ: MCSW), BindView Development (NASDAQ: BVEW), PROS Holdings, Inc. (NYSE: PRO), Unica Corporation (NASDAQ: UNCA), Blackbaud, Inc. (NASDAQ: BLKB), NEON Systems, Inc. (NASDAQ: NEON), META Group, Inc. (NASDAQ: METG), Jackson Hewitt, Inc. (NYSE: JTX), Transaction Systems Architects, Inc. (NASDAQ: TSAI). Many others have been acquired for significant gains.