Investment Summary

JMI Equity and Permira Invest In Seismic Software

On January 8, 2015, private equity firms JMI Equity and Permira invested in internet software and services company Seismic Software

Investment Highlights
  • This is JMI Equity’s 17th and Permira’s 3rd transaction in the Internet Software and Services sector.
  • This is JMI Equity’s 67th and Permira’s 12th transaction in the United States.
  • This is JMI Equity’s 16th and Permira’s 4th transaction in California.

Investment Summary

Date 2015-01-08
Target Seismic Software
Sector Internet Software and Services
Investor(s) JMI Equity
Permira
Deal Type Venture

Target

Seismic Software

San Diego, California, United States
Seismic Software is a sales enablement solution that allows sales teams to deliver the right content at the right time on any device. Seismic’s mobile-first, cloud-based platform enables field and inside sales reps to quickly create customized, compliant materials that dramatically increase time spent selling, improve win rates, reduce sales cycles and increase customer satisfaction. Seismic Software was formed in 2010 and is based in Solana Beach, California.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 2

Investor

JMI Equity

La Jolla, California, United States

Investor Investor Investor Investor Investor


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 74 of 127
Sector (Internet Software and Services) 17 of 41
Type (Venture) 19 of 29
State (California) 16 of 25
Country (United States) 67 of 111
Year (2015) 1 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-20 AirClic

Trevose, Pennsylvania, United States

AirClic is a provider of cloud-based mobile software products that improve the performance of mobile supply chain and logistics operations.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-27 The Studer Group

Pensacola, Florida, United States

The Studer Group, LLC is an outcomes-based healthcare performance improvement firm that has worked with more than 800 hospitals, health systems, medical practices, and end-of-life organizations to achieve and sustain operational, clinical and financial results.

Sell $325M
Investor

Permira

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1985
PE ASSETS 75.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Permira is a mega-sized private equity firm that targets large company investments around the world. Permira invests to support acquisitions, leveraged buyouts, take-privates, turnarounds, and growth buyouts. Areas of interest include healthcare, financial services, chemicals, consumer products and services, industrial products and services, technology, media, and telecom. Permira will consider opportunities in Europe, Asia, and North America. Permira was formed in 1985 and has offices in Menlo Park, Frankfurt, Luxembourg, London, Hong Kong, Madrid, Milan, Paris, Stockholm, Tokyo, Guernsey and New York City.


DEAL STATS #
Overall 92 of 159
Sector (Internet Software and Services) 3 of 19
Type (Venture) 1 of 7
State (California) 4 of 15
Country (United States) 12 of 44
Year (2015) 2 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-07 FlixBus

Munich, Germany

FlixBus is a mobility provider, offering new alternatives for convenient, affordable and environmentally friendly travel via the FlixBus, FlixCar and FlixTrain brands. FlixBus is a disruptive, asset-light, tech-enabled global mobility platform offering mid- and long-distance travel in Europe and the US – the company helps over 50 million passengers a year to reach more than 2,000 destinations in over 30 countries. FlixBus was founded in 2011 and is based in Munich, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-16 Hugo Boss

Metzingen, Germany

Hugo Boss is a retailer that develops, markets, and distributes women’s and men’s fashion and accessories in the premium and luxury segment. Hugo Boss was founded in 1924 and is based in Metzingen, Germany.

Sell -