Press Release July 08, 2021

OnBoard Receives $100M Growth Investment from JMI Equity

The Private Equity team advised JMI Equity on its $100 million strategic growth investment in OnBoard.

JMI is a growth equity firm focused on investing in leading cloud software companies.

OnBoard is a leading cloud-based board management solution for high-performing boards.

The investment from JMI will accelerate OnBoard's award-winning product innovation and category leadership, fuel organic market expansions and strategic acquisitions, and strengthen continued brand growth – allowing OnBoard to reach more customers and serve the complex needs of boards and leadership teams across North America, EMEA, and APAC. The investment will also enhance growth and innovation for OnBoard's sister solution, OnSemble, a leading employee intranet platform.

The Goodwin team was led by Josh Klatzkin, Joe Bernardi, Jeff Koh, Dane Ferré, Wallis Linker, Chris Lubrano and Angelyna Selden (Corporate); and included Kelsey Lemaster and Misha Goodwin (Tax); Sara Bock and Ariel Gaknoki (ERISA & Executive Compensation); Jennifer Fay, Lee Douthitt, and Ana Alvarado (Employment); Jackie Klosek and Alex Intile (Data, Privacy & Cybersecurity); Joel Lehrer (Intellectual Property); Richard Matheny, Carrie Miller, and Axel Urie (Global Trade); Fred Lim and Jennifer Necas (Debt Finance); and Kara Kuritz and Brady Cummins (Antitrust); with invaluable assistance from Morgan Lee and JT Roy.

For more details, read the press release.