Press Release December 01, 2010

Goodwin Procter Advises JMI Equity in Closing of $875 Million Growth Equity Fund

Goodwin Procter advised client JMI Equity, a growth equity firm that invests in leading software, internet, business services and healthcare IT companies, in the closing of JMI Equity Fund VII, L.P., an $875 million fund.

The new fund will invest primarily in North American companies, targeting equity investments of $10 million to $100 million each. Goodwin Procter advised JMI Equity in all aspects of this fund formation.

Partners Stephen G. Mills counseled on tax issues and Scott A. Webster on ERISA.