JMI Equity Elevates Chase Thomet and Mac Williams to Partner Roles
Promotions at JMI Equity: Chase Thomet and Mac Williams
JMI Equity, a prominent growth equity firm dedicated to investing in leading software companies, has recently made a significant announcement regarding the promotions of two of its associates, Chase Thomet and Mac Williams, to the esteemed position of Partner. This move highlights the firm's commitment to cultivating talent and showcasing its robust apprenticeship model.
JMI’s Growth Strategy and Commitment
The Managing Partner at JMI, Peter Arrowsmith, expressed pride in the firm’s dedication to nurturing high-quality talent. He emphasized that Thomet and Williams exemplify the success of the firm's model. Having both been part of JMI for almost ten years, they have accrued extensive experience and knowledge, establishing themselves as trusted partners to the firm's portfolio company founders and management teams. Arrowsmith congratulated both individuals on their well-deserved promotions, signifying a positive outlook for their impact on future ventures.
Chase Thomet’s Journey with JMI Equity
Chase Thomet joined JMI in 2014 and has since taken on crucial leadership roles within the firm. Currently, he serves as a director for Greenlight Guru, Swiftly, and Visiting Media, and also holds the position of board observer at SOCi and Vena Solutions. His journey before joining JMI included his time as an investment banking analyst in the mergers and acquisitions group at Bank of America Merrill Lynch, equipping him with valuable insights and skills that have contributed to his success in the investment sector. Thomet holds a B.S. in Commerce from Santa Clara University, which laid the groundwork for his future endeavors.
Mac Williams: Experienced Analyst Turned Partner
Similarly, Mac Williams became part of JMI in 2016 and has demonstrated remarkable growth within the firm. Today, he is a director at OnBoard and Raptor Technologies and also serves as a board observer for various companies, including Apptegy, Higher Logic, Ontic, and UKG. His earlier experience includes roles as an analyst at Tiger Veda Management, an associate at New Mountain Capital, and a mergers and acquisitions analyst at Lazard, each position enhancing his investment and analytical skills. Williams graduated with an AB and a Certificate in Finance from Princeton University's Woodrow Wilson School of Public and International Affairs, underscoring his strong educational foundation.
About JMI Equity: A Legacy of Excellence
An overview of JMI Equity reveals a firm with a robust track record in the realm of growth equity, specifically targeting leading software enterprises. Over three decades, JMI has forged partnerships with exceptional entrepreneurs, founders, and management teams, providing them with much-needed flexible capital, industry insights, and operational support. This strategic approach has enabled JMI to build businesses that hold enduring value. To date, the firm has invested in over 185 software businesses across North America and Europe, achieving over 120 successful exits. JMI's current portfolio reflects an impressive aggregation of $9 billion in combined revenue and an aggregate enterprise value of $75 billion, alongside supporting more than 37,000 jobs within the industry. The firm continues to set high standards in growth equity investment.
Frequently Asked Questions
What is JMI Equity known for?
JMI Equity is known for its focus on investing in leading software companies and its commitment to developing high-quality talent through an apprenticeship model.
Who are the newly promoted Partners at JMI Equity?
The newly promoted Partners at JMI Equity are Chase Thomet and Mac Williams, who both have significant experience within the firm.
What are Chase Thomet's roles at JMI Equity?
Chase Thomet serves as a director for multiple companies, including Greenlight Guru, Swiftly, and Visiting Media, and is a board observer at SOCi and Vena Solutions.
What educational background does Mac Williams have?
Mac Williams graduated with an AB and a Certificate in Finance from the Woodrow Wilson School of Public and International Affairs at Princeton University.
What is the investment strategy of JMI Equity?
JMI Equity's investment strategy involves providing flexible capital, industry expertise, and operational support to high-growth software companies, enabling them to build enduring businesses.
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