(News Bulletin 247) – JP Morgan has entered into a definitive agreement to acquire Aumni, a leading provider of investment analysis software for the venture capital industry.
Financial terms of the transaction were not disclosed and closing is expected in the first half of 2023.
With a diverse client base of over 300 institutions, ranging from emerging and well-known venture capital managers to leading multinational asset managers, Aumni has valued over $600 billion of invested capital in over 17,000 private companies.
The strategic acquisition of Aumni reinforces JP Morgan’s commitment to building the premier private markets platform for businesses, their employees and investors.
Aumni also complements the recent launch of Capital Connect by JP Morgan and the acquisition of Global Shares.
“Together, we can create a premier suite of services for private market participants, enhancing the experience for all current and future clients,” said Tony Lewis, CEO of Aumni.
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