Arena Solutions has been acquired by JMI Equity

Arena Solutions, the inventor and leading provider of cloud-based product lifecycle management (PLM) software, has been acquired by JMI Equity, a global software and technology private equity investor.

• Founded in 2000, Arena has 1,000 customers (with users in 125 countries), including Intuit, Citrix Systems, Nutanix, GoPro, Thermo Fisher Scientific, and eBay
• Arena invented cloud-based PLM and provides an all-in-one, secure product development platform that unites PLM, Application Lifecycle Management (ALM), supply chain collaboration, and Quality Management Systems (QMS) for the design and manufacture of complex electronics
• Arena simplifies compliance for environmental, FDA, ISO, ITAR, EAR and other regulatory initiatives, particularly in technology, electronics, and life sciences verticals
• JMI’s Brian Hersman and Suken Vakil will serve on Arena’s board of directors

About Arena Solutions

Arena Solutions helps innovative electronic high tech and medical device companies create products that change the world. The Arena product realization platform unifies product lifecycle (PLM), quality (QMS), and requirements management, allowing every participant throughout the product design and manufacturing process to work together. With Arena, teams accelerate product development and delivery to increase profits. Arena has been ranked a Top 10 PLM provider and won the coveted Design News Golden Mousetrap Award successively both in 2016 and 2017.

About JMI Equity

Founded in 1992, JMI Equity is a growth equity firm focused on investing in leading software companies. JMI has invested in over 130 businesses in its target markets, successfully completed over 85 exits, and raised more than $3 billion of committed capital. JMI partners with exceptional management teams to help build their companies into industry leaders.