JMI Equity Announces Promotions | Business

BALTIMORE & SAN DIEGO–(Small business WIRE)–Jan 4, 2022– JMI Equity (“JMI”), a progress fairness firm

BALTIMORE & SAN DIEGO–(Small business WIRE)–Jan 4, 2022–

JMI Equity (“JMI”), a progress fairness firm focused on investing in primary software program firms, nowadays announced the promotions of Sureel Sheth from Principal to Basic Associate and Stephen Jones from Vice President to Principal. In their new roles, Sheth and Jones will proceed to be dependable for sourcing and analyzing opportunity financial commitment alternatives while providing strategic and operational help to portfolio providers. Sheth is primarily based in San Diego and Jones is based in Baltimore.

“Sureel has deep domain abilities and a robust being familiar with of marketplaces, in particular in health care IT, as very well as a finest-in-course skill to join with colleagues, founders and management groups,” mentioned Peter Arrowsmith, Taking care of General Partner at JMI. “As a trustworthy spouse to our portfolio businesses and an a must have asset to our offer sourcing endeavours, he has played a substantial function in JMI’s good results since signing up for the firm extra than 10 yrs in the past. Sureel’s advertising is very very well-deserved and I’m fired up that the business and our portfolio investments will profit from Sureel’s expanded management position.”

“Stephen is a excellent teammate and considered partner on our financial commitment teams – he truly engages in the concerns,” included Harry Gruner, Founder and Managing Common Husband or wife at JMI. “He has been instrumental in his work with Bloomerang, ChurnZero, Incident IQ, Degree Obtain, RainFocus and some others, and I glance ahead to seeing him expand into his new position as Principal. I’m also pleased to acknowledge Sureel for this wonderful accomplishment both equally promotions are great reflections of JMI’s determination to producing and investing in our proficient gurus.”

About Sureel Sheth

Sheth, based mostly in San Diego, is liable for sourcing and analyzing expenditure options and offering strategic and operational support to portfolio corporations. He has been aspect of the JMI workforce given that becoming a member of as an associate in 2010. Sheth is a Board Director at Jvion and Follow Ignition, and a Board observer at Clio, Jane Program, OpenSesame, PointClickCare, SafetyChain and Yello. Prior to signing up for JMI, he was a business enterprise analyst at McKinsey & Enterprise. Sheth received a BA in Economics and Human Biology from Stanford College and an MBA from Harvard Small business College.

About Stephen Jones

Jones, primarily based in Baltimore, is responsible for sourcing and assessing financial investment prospects and delivering strategic and operational support to portfolio companies. He is a Board Director at Bloomerang and ServiceTrade and a Board observer at ChurnZero, Staff Navigator, Incident IQ, Level Entry and RainFocus. Prior to joining JMI in 2016, Jones was an affiliate guide at Bain & Company. Previously, he was a economical analyst in the international financial investment study division of Goldman Sachs. Jones acquired a BA in Economics from the College of Richmond.

About JMI Fairness

JMI Fairness is a development equity firm centered on investing in top program corporations. Founded in 1992, JMI has invested in about 170 businesses in its goal marketplaces, successfully finished around 110 exits, and elevated extra than $6 billion of fully commited funds. JMI associates with remarkable administration groups to enable establish their companies into sector leaders. For far more info, stop by www.jmi.com.

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PUB: 01/04/2022 07:00 AM/DISC: 01/04/2022 07:02 AM

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