Investment Summary

JMI Equity Invests In Vantaca

On September 27, 2022, private equity firm JMI Equity invested in software company Vantaca

Investment Highlights
  • This is JMI Equity’s 55th transaction in the Software sector.
  • This is JMI Equity’s 107th transaction in the United States.
  • This is JMI Equity’s 3rd transaction in North Carolina.

Investment Summary

Date 2022-09-27
Target Vantaca
Sector Software
Investor(s) JMI Equity
Deal Type Growth Capital

Target

Vantaca

Wilmington, North Carolina, United States
website
Vantaca is a community management system, made for Association Management Companies and used by community managers, accountants, boards, and homeowners. The mobile-friendly, industry-leading software reduces costs, streamlines management workflows, increases back-office productivity, and provides full banking integration. Vantaca was founded in 2016 and is headquartered in Wilmington, North Carolina.

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Investor(S) 1

Investor

JMI Equity

La Jolla, California, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1992
PE ASSETS 7.5B USD
Size Mega
Type Sector Focused
DESCRIPTION

JMI Equity is a private equity firm focused on investments in software, internet, business service, and healthcare IT. Targeted businesses typically help automate and optimize business and information technology processes. The Firm will consider investments at all stages of development, including early-stage companies, self-funded businesses requiring growth capital, and later stage businesses in need of buyout or recapitalization funding. JMI looks to commit at least $10 million per transaction. JMI Equity was formed in 1992 and maintains offices in San Diego and Baltimore.


DEAL STATS #
Overall 122 of 125
Sector (Software) 55 of 57
Type (Growth Capital) 47 of 49
State (North Carolina) 3 of 3
Country (United States) 107 of 109
Year (2022) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-14 Performio

Irvine, California, United States

Performio is a provider of a new breed of incentive compensation management software that combines enterprise-grade functionality with the ease of use required of modern software applications. Performio is based in Irvine, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-04 Condeco Software

London, United Kingdom

Condeco Software is a provider of integrated hardware and software solutions which are designed to give companies all the tools they need to make the most of their workplaces, will now offer a combined platform which simplifies the process of video collaboration. Condeco Software was founded in 2005 and is based in London.

Sell -