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New Deal


Announced

Completed

JMI Equity completed a $120m investment in Greenlight Guru.

Financials

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Transaction Value£85m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Domestic

Friendly

Minority

software development

Private

United States

Completed

Acquisition

Software

Single Bidder

Synopsis

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Private equity firm JMI Equity completed a $120m investment in Greenlight Guru, a modern quality management software developer. "We listened to the needs of the medical device industry and chose JMI Equity as a strategic partner because they are experts at achieving growth by putting the customer first. We’ve been extremely deliberate when taking on investment because we wanted to ensure we found the right partner for us and our customers. This partnership will allow us to accelerate the value we provide to our customers as we remain committed to helping medical device companies get their life-changing products to patients and achieve our mission of improving the quality of life," David DeRam, Greenlight Guru CEO.

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