JMI Equity related stories
All articles and analysis
CA Buying Nimsoft for $350 MillionCA Inc. has agreed to acquire Nimsoft, a Redwood City, Calif.-based provider of IT service-level management solutions, for $350 million in cash. NimSoft had raised $22.3 million over two rounds of VC funding, from Goldman Sachs, JMI Equity and Northzone Ventures.
- peHUB Wire: Thursday, March 11, 2010
Inside One Very Private Equity Firm
- peHUB Wire: Thursday, March 11, 2010
Inside One Very Private Equity Firm
- Trustwave Buys Intellitactics
Trustwave Corp., an Annapolis, Md.–based provider of on-demand data security and payment card industry compliance management solutions, has acquired Intellitactics, a Reston, Va.-based provider of security information and event management technology. No financial terms were disclosed. Trustwave raised $10 million from FTV Capital in 2004, while Intellitactics raised around $21 million from JMI Equity, Lazard Technology Partners, RBC Dominion and Enterasys Networks.
- peHUB Wire: Friday, March 5, 2010
Does Permira's Hugo Boss Math Add Up?
- peHUB Wire: Friday, March 5, 2010
Does Permira's Hugo Boss Math Add Up?
Shopping SeasonAfter sitting out most of last year, large and medium tech companies are looking to buy, particularly startups that can help with mobile or international strategies
- Week in deals, Feb. 22, 2010
Summary of North American tech companies and other startups that raised venture financing in the past week
- PE Debt Watch (Upgrades & Downgrades)
As usual, we have a week’s worth of ratings actions on the debt of LBO-backed companies by Moody's Investors Service Standard & Poor's Ratings Services. This week Moody’s rated an “aggressive” dividend recap, a move that seems to be back in vogue and totally uncontroversial again, with as often as we’re seeing them in recent weeks. In other bizarro news, an auto parts company was upgraded. What is this, 2006? Company: American Axle Sponsor: Blackstone Group Action: S&P raised its corporate credit rating on American Axle to 'B-' from 'CCC+'. Highlight: "The upgrade reflects our opinion that American Axle's liquidity has improved and that the company is now less likely to need to financially restructure," said Standard & Poor's credit analyst Lawrence Orlowski. Supporting this view is our assumption that light-vehicle production in North America is starting to recover.
- TPG and JMI Back PowerPlan Consultants
PowerPlan Consultants Inc., an Atlanta-based maker of financial management software for asset-intensive industries, has raised an undisclosed amount of private equity funding from TPG Growth and JMI Equity.