JMI Equity related stories
All articles and analysis
Illinois Teachers' fund pledges $50 mln to JMI EquityThe Teachers’ Retirement System of Illinois approved a $50 million commitment to JMI Equity Fund VIII and hiked its allocation program to emerging managers to by $250 million, among the $44 billion pension fund’s latest moves.
KKR to buy Internet Brands for $1.1 billion: ReutersKKR & Co LP said it would buy Internet Brands Inc, which operates CarsDirect and other websites, from private equity firms Hellman & Friedman and JMI Equity, Reuters reported.
- KKR to buy Internet Brands for $1.1 bln
Kohlberg Kravis Roberts & Co said it would buy Internet Brands Inc, which operates CarsDirect and other websites, from private equity firms Hellman & Friedman and JMI Equity.
- KKR agrees to buy Internet Brands
KKR has agreed to acquire Internet Brands from Hellman & Friedman and JMI Equity. No financial terms were disclosed. Internet Brands' management will hold a minority stake in the business. Headquartered in El Segundo, Calif., Internet Brands is a provider of online media and software solutions.
- PE-backed Innovative acquires VTLS
Innovative (formerly known as Innovative Interfaces), which is backed by HGGC and JMI Equity, has acquired VTLS as an add-on. No financial terms were disclosed. Headquartered in Blackburg, Virginia, VTLS is a library automation solutions provider.
- Concorde Solutions raises funds led by JMI Services
Concorde Solutions has raised $2.5 million led by new investor, JMI Services and with participation from Panoramic Growth Equity and Elderstreet, both existing investors. Concorde is a provider of business analytics.
- JMI Equity backs Dean Evans & Associates
Dean Evans & Associates has secured growth funding from JMI Equity. No financial terms were disclosed. Based in Denver, Dean Evans & Associates is a provider of facility scheduling and event management solutions.
- Hellman & Friedman targets $8.9 bln for Fund VIII
Hellman & Friedman is seeking a comparable fund size to its flagship vehicle of nearly $9 billion raised in the midst of the financial crisis, in the buyout firm’s first major capital-raising effort since the death of its co-founder Warren Hellman in 2011.
- HGGC inks AutoAlert deal, platform add-on on same day
HGGC wrapped up a platform deal for software-as-a-service provider AutoAlert, as well as an add-on acquisition for its Innovative Interfaces library services portfolio company, in a busy deal-making day for the Palo Alto, California-based buyout shop.
- HGGC's Innovative Interfaces acquires Polaris Library Systems
Innovative Interfaces, a portfolio company of HGGC, has acquired Polaris Library Systems. No financial terms were disclosed. Headquartered outside Syracuse, NY, Polaris Library Systems is a provider of integrated library systems technology.