JMI Announces Two Promotions and One New Hire
Maggie Schmitt Promoted to Principal, Finance; Tyler Duke Promoted to Vice President; and Meredith Keller Appointed as Director, Portfolio Talent
BALTIMORE & SAN DIEGO–(BUSINESS WIRE)–JMI Equity, a growth equity firm focused on investing in leading software companies, today announced the promotions of Maggie Schmitt to Principal, Finance, and Tyler Duke to Vice President. The firm also announced the appointment of Meredith Keller as Director, Portfolio Talent. Schmitt will continue to have a leadership role on JMI’s Finance team, collaborating with her colleagues and the investment team on portfolio company and limited partner reporting, as well as treasury and tax functions. Duke will continue to help identify and assess potential investment opportunities in high-growth software companies. Keller joins JMI’s operating team, which assists JMI’s portfolio companies in identifying and implementing strategic and operational initiatives. Schmitt is based in Baltimore, while Duke and Keller are based in San Diego.
“At JMI, promotions reflect a professional’s dedication, work ethic, and ability to collaborate for the betterment of the firm, our portfolio companies, and our investors,” said Harry Gruner, Founder and Managing General Partner of JMI. “We are extremely proud of Maggie’s contributions at JMI and her promotion is a reflection of JMI’s commitment to developing and investing in our talented professionals.”
“JMI’s success is a direct result of our team’s commitment to identifying investment opportunities and partnering with founders and management teams to create shareholder value,” said Peter Arrowsmith, General Partner of JMI. “Tyler is an incredibly talented and diligent colleague. We are pleased to recognize him for his contributions and look forward to his continued success.”
“In addition to investing in and rewarding our professionals’ success, JMI looks to attract talented individuals from outside our firm who will advance our growth equity investment strategy,” said Paul Barber, Managing General Partner of JMI. “We are excited to have Meredith join us. Her expertise in recruiting and developing human capital will be a valuable asset in helping JMI’s portfolio companies as they scale.”
About Maggie Schmitt
Maggie Schmitt joined JMI Equity in 2009 and oversees various responsibilities within JMI’s Finance team, including portfolio company reporting, limited partner reporting, as well as treasury and tax functions. Prior to joining JMI, Schmitt served as an auditor for Deloitte & Touche in its audit and enterprise risk services practice. Schmitt graduated in 2007 from Virginia Tech’s Pamplin College of Business with a Bachelor of Science degree in Accounting and Information Systems. She is a certified public accountant.
About Tyler Duke
Tyler Duke joined JMI in 2015 and is responsible for sourcing and evaluating investment opportunities in high-growth software companies. His investment experience includes ARCHIBUS & Serraview, CampusLogic, Seismic, and Yello. Prior to joining JMI, Tyler was an investment banking analyst in the technology, media and telecommunications (TMT) group at Bank of America Merrill Lynch. Tyler graduated in 2013 from Brigham Young University with a Bachelor of Science degree in Business Management, Emphasis Finance.
About Meredith Keller
Meredith Keller joins JMI from Bespoke Partners where she served as Director of Research. As Bespoke’s head of research, she recruited, trained and led teams of analysts in San Diego and Austin and managed the sourcing strategy for all of the firm’s executive searches and placements. Her extensive experience includes C-suite level placements as well as Board of Director and private equity Operating Partner searches.
About JMI Equity
JMI Equity is a growth equity firm focused on investing in leading software companies. Founded in 1992, JMI has invested in over 145 businesses in its target markets, successfully completed over 95 exits and raised more than $4 billion of committed capital. JMI partners with exceptional management teams to help build their companies into industry leaders. For more information visit www.jmi.com.
Contacts
Media
Chuck Dohrenwend / William Braun
Abernathy MacGregor
212-371-5999
cod@abmac.com / whb@abmac.com
