JMI Promotes Chase Thomet and Mac Williams to Partner
People | Jan 07, 2025 | JMI Management Inc
JMI Equity, a growth equity firm specializing in investments in leading software companies, announced the promotions of Chase Thomet and Mac Williams to Partners. The firm highlights its successful apprenticeship model that cultivates top-tier talent in fostering these promotions. Thomet and Williams have been integral to the company for nearly a decade, contributing significantly to JMI's partnership-led strategy in sourcing and investing in quality businesses to drive growth. Thomet joined JMI in 2014 and has played key roles with various portfolio companies. Williams, joining in 2016, similarly holds directorships and observer roles across multiple firms. JMI has a rich history, having invested in over 185 software businesses across North America and Europe, with its portfolio companies generating substantial revenue and enterprise value.
Sectors
- Private Equity
- Software
- Investment Banking
Geography
- United States – JMI Equity operates primarily in North America, with offices mentioned in Baltimore, San Diego, and Washington. The promoted individuals have worked extensively within this geographical scope.
- North America – JMI's investment strategy includes a focus on software companies within North America.
- Europe – JMI has also invested in software businesses across Europe, highlighting its geographical reach beyond North America.
Industry
- Private Equity – JMI Equity is a private equity firm, and the article discusses management changes within this firm, which invests in high-growth software companies.
- Software – The firm specializes in investing in leading software companies, making the software industry a relevant classification.
- Investment Banking – Both individuals promoted have backgrounds in investment banking, which plays a crucial role in mergers and acquisitions.
Financials
- $9 billion – Combined revenue of JMI's portfolio of industry-leading cloud software companies.
- $75 billion – Aggregate enterprise value of JMI's portfolio companies.
- 37,000 jobs – Employment generated by JMI's portfolio companies.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| JMI Equity | Private Equity Firm | Company | A growth equity firm specializing in investments in high-growth software companies. |
| Chase Thomet | Partner | Person | Recently promoted to Partner at JMI Equity, previously a director for several portfolio companies. |
| Mac Williams | Partner | Person | Recently promoted to Partner at JMI Equity, has held key oversight roles in various portfolio companies. |
| Peter Arrowsmith | Managing Partner | Person | Managing Partner at JMI Equity, credited with praising the firm's apprenticeship model. |