JMI

SOCi Raises $120M, Accelerates Vision of Redefining Marketing Software

Retrieved on: 
Tuesday, March 7, 2023

SAN DIEGO, March 7, 2023 /PRNewswire/ -- SOCi Inc., the marketing platform for multi-location brands, announced today it has raised a total of $120 million to invest in a revolutionary line of A.I. marketing products and to expand into new markets. The round is led by JMI Equity ("JMI"), a growth equity firm focused on investing in leading enterprise software companies, with participation from Vertical Venture Partners (VVP), Blossom Street Ventures, and strategic investor Renew Group Private Limited, owner of 5-hour Energy International and other innovative products. 

Key Points: 
  • SAN DIEGO, March 7, 2023 /PRNewswire/ -- SOCi Inc. , the marketing platform for multi-location brands, announced today it has raised a total of $120 million to invest in a revolutionary line of A.I.
  • Led by a group of neuro and data scientists, SOCi aims to leverage the new investment to change the relationship its customers have with marketing software.
  • These capabilities are what attracted Renew Group to explore SOCi as a platform, and ultimately invest in SOCi's innovation and growth.
  • "SOCi is the category leader in multi-location marketing, and its new line of AI-driven "Genius" products will only put more space between the company and its competition."

Lucas Oil Hires New General Counsel and Promotes Key Staff to Leadership Team

Retrieved on: 
Wednesday, January 25, 2023

"Jason is a talented, business-minded attorney with the ideal track record in legal strategy and business operations to help strengthen our executive leadership team and enhance company procedures and initiatives overall," said Katie Lucas, Chief Administrative Officer at Lucas Oil.

Key Points: 
  • "Jason is a talented, business-minded attorney with the ideal track record in legal strategy and business operations to help strengthen our executive leadership team and enhance company procedures and initiatives overall," said Katie Lucas, Chief Administrative Officer at Lucas Oil.
  • She has proven herself an extremely capable, knowledgeable, and dedicated Accounting Specialist, and is very deserving of her appointment to the leadership team.
  • Her dedication, leadership, and expertise have been a tremendous asset to Lucas Oil, and she has earned the confidence and trust of the Lucas family, myself, and her peers," said Matt Kimmick, Chief Financial Officer at Lucas Oil.
  • For more information on these executive appointments or to schedule an interview with a member of the executive leadership team, please contact [email protected] .

Visiting Media Receives Strategic Growth Investment from JMI Equity

Retrieved on: 
Thursday, January 19, 2023

Visiting Media (the “Company”), the premier provider of visual sales and marketing solutions for the hospitality and event industries, today announced that it has received a strategic growth investment from JMI Equity ("JMI"), a growth equity firm focused on investing in leading software companies.

Key Points: 
  • Visiting Media (the “Company”), the premier provider of visual sales and marketing solutions for the hospitality and event industries, today announced that it has received a strategic growth investment from JMI Equity ("JMI"), a growth equity firm focused on investing in leading software companies.
  • The investment will accelerate Visiting Media’s ability to bring new, innovative products and technologies to its growing customer base.
  • Since its founding in 2014, Visiting Media has sought to improve the manual processes involved in modern hospitality sales.
  • “We are incredibly excited to partner with JMI as we enter this next stage of our growth trajectory,” said Ben Powers, Visiting Media Founder and CEO.

GrowthCap Announces The Top 40 Under 40 Growth Investors of 2022

Retrieved on: 
Thursday, December 22, 2022

NEW YORK, Dec. 22, 2022 /PRNewswire-PRWeb/ -- GrowthCap is pleased to announce The Top 40 Under 40 Growth Investors of 2022. Our ninth year running this awards process, we were highly impressed by the level of experience and acumen represented by the largest pool of nominees we have seen since beginning this annual awards process nearly a decade ago. We deliberated over three rounds to arrive at this year's final list of awardees. Our evaluation process involved reviewing feedback on nominees from their colleagues, peers, portfolio company CEOs and others on their investment skill, judgement and performance over time as demonstrated by specific examples.

Key Points: 
  • NEW YORK, Dec. 22, 2022 /PRNewswire-PRWeb/ -- GrowthCap is pleased to announce The Top 40 Under 40 Growth Investors of 2022.
  • Please join us in recognizing and celebrating the achievements of The Top 40 Under 40 Growth Investors of 2022.
  • GrowthCap also aims to provide CEOs with insights into how other entrepreneurs and executives have succeeded in scaling their businesses.
  • While emphasis has been on select sectors including business software, business services, healthcare and consumer products and services, GrowthCap is often involved in other segments of the broader economy.

Unanet to Accelerate Growth With Strategic Investment from Onex and Addition of Three New Board Members

Retrieved on: 
Friday, December 9, 2022

DULLES, Va., Dec. 9, 2022 /PRNewswire/ -- Unanet, the leading provider of project-based ERP and CRM solutions for government contractors (GovCons) and architecture, engineering and construction (AEC) firms, today announced it has closed a new round of strategic financing from Onex Corporation (TSX: ONEX). The investment will help Unanet accelerate its product innovation, go-to-market strategies, and plans for continued growth. Onex becomes the second major investor in Unanet, which is primarily funded by Baltimore and San Diego-based JMI Equity.

Key Points: 
  • The investment will help Unanet accelerate its product innovation, go-to-market strategies, and plans for continued growth.
  • Onex becomes the second major investor in Unanet, which is primarily funded by Baltimore and San Diego-based JMI Equity.
  • The addition of Onex, as well as three new board members who will collaborate with the Unanet executive team on growth strategies, will help to position Unanet for continued long-term success.
  • More than 3,700 project-driven organizations depend on Unanet to turn their information into actionable insights, drive better decision-making, and accelerate business growth.

Betterview Announces Partnership with Risk Innovator JMI Reports

Retrieved on: 
Wednesday, November 30, 2022

Products from JMI Reports are now available on the Betterview Property Intelligence & Risk Management Platform, allowing users to optimize inspection efficiency in a single, intuitive user interface (UI).

Key Points: 
  • Products from JMI Reports are now available on the Betterview Property Intelligence & Risk Management Platform, allowing users to optimize inspection efficiency in a single, intuitive user interface (UI).
  • The solutions from Betterview and JMI Reports are strengthened by synthesizing them within a single platform, says Betterview co-founder and chief operations officer, Dave Tobias.
  • Both Betterview and JMI are in the business of understanding risk and helping insurers work better with their insured, says Nathan Clark, president and CEO at JMI Reports.
  • About JMI Reports: JMI Reports is a risk innovator providing property profiles and data insights to improve efficiencies and profitability for insurance carriers and MGAs.

Bintai Kinden Revenue Increased 136% in 2Q FY2023

Retrieved on: 
Thursday, November 24, 2022

Executive Director of Bintai Kinden, Azri Azerai

Key Points: 
  • Executive Director of Bintai Kinden, Azri Azerai
    For the quarter under review, the Company's profit before tax (PBT) recorded a decline to RM193,000 compared with RM244,000 in 2Q FY2022 mainly due to higher cost.
  • Gross profit margin for 2Q FY2023 stood at 15.35% compared with 43.06% in 2Q FY2022 after taking into account contribution by variation order of completed projects of the M&E business.
  • Bintai Kinden registered a 142.94% rise in revenue of RM71.44 million for the six months ended 30 September 2022 (1H FY2023) compared with RM29.41 million in the corresponding period of the previous financial year.
  • PBT for 1H FY2023 declined to RM1.16 million compared with RM1.50 million reported in 1H FY2022.

Canto Announces Wain Kellum as New Chief Executive Officer

Retrieved on: 
Thursday, November 17, 2022

SAN FRANCISCO, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Canto , a leading provider of digital asset management (DAM) software, today announced that Wain Kellum has been appointed Chief Executive Offer of the company.

Key Points: 
  • SAN FRANCISCO, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Canto , a leading provider of digital asset management (DAM) software, today announced that Wain Kellum has been appointed Chief Executive Offer of the company.
  • "We are pleased that Wain has accepted the CEO position, as he is passionate about Canto, the product, and the company's success."
  • Wain brings a wealth of experience to this role, having spent the last 30 years building six global software companies as their Chief Executive.
  • Prior to joining Canto, Wain led SpaceIQ for JMI and Thomas Bravo and served as an Operating Advisor for JMI.

Bintai Kinden Ventures into Telco through Agreement with MN Permai Netcom

Retrieved on: 
Thursday, November 10, 2022

PETALING JAYA, Malaysia, Nov 10, 2022 - (ACN Newswire) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, today announced that the Company's wholly-owned sub-subsidiary, Johnson Medical International Sdn.

Key Points: 
  • PETALING JAYA, Malaysia, Nov 10, 2022 - (ACN Newswire) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, today announced that the Company's wholly-owned sub-subsidiary, Johnson Medical International Sdn.
  • (JMI), has formalised a strategic venture with MN Permai Netcom Sdn.
  • Azri Azerai, Executive Director of Bintai Kinden (Download) Azri Azerai, Executive Director of Bintai Kinden said, "This agreement leverages on the strengths of both parties.
  • We also have the expertise in managing large telco infrastructure projects as we were awarded a 120-km fiber optic project in Penang."

Condeco and iOffice + SpaceIQ Merge to Create Eptura™, the Leading Worktech Software Solution

Retrieved on: 
Tuesday, October 4, 2022

SAN FRANCISCO and ATLANTA, Oct. 4, 2022 /PRNewswire/ -- Thoma Bravo, a leading software investment firm, today announced the merger of Condeco, the global provider of workspace scheduling software, and iOffice + SpaceIQ, the global workplace and asset management company, to create Eptura™. The strategic combination creates a global worktech leader that provides software solutions to power the modern workplace. The merger follows previously announced investments in Condeco and iOffice + SpaceIQ by Thoma Bravo and JMI Equity, who will remain the primary investors in Eptura. Terms of the transaction were not disclosed.

Key Points: 
  • SAN FRANCISCO and ATLANTA, Oct. 4, 2022 /PRNewswire/ -- Thoma Bravo , a leading software investment firm, today announced the merger of Condeco , the global provider of workspace scheduling software, and iOffice + SpaceIQ , the global workplace and asset management company, to create Eptura.
  • The strategic combination creates a global worktech leader that provides software solutionsto powerthe modern workplace.The merger follows previously announced investments in Condeco and iOffice + SpaceIQ by Thoma Bravo and JMI Equity, who will remain the primary investors in Eptura.
  • Eptura's solutions can be easily integrated into any workplace and offer an extended ecosystem of partnerships providing the most adaptable solution.
  • Paul Statham, Founder & CEO of Condeco, joins Eptura's board of directors and will continue working with Thoma Bravo.