J.P. Morgan to Acquire Aumni, a Leading Provider of Investment Analytics Software for Venture and Private Market Investors
22 März 2023 - 3:00PM
Business Wire
Acquisition to bolster firm’s suite of private
market solutions
J.P. Morgan (NYSE: JPM) announced today that it has entered into
a definitive agreement to acquire Aumni, a leading provider of
investment analytics software to the venture capital industry.
Financial terms of the transaction were not disclosed and closing
is expected in the first half of 2023.
Founded in 2018, Aumni’s proprietary data analytics engine
structures, tracks and analyzes essential legal and economic terms
underpinning growth-stage private market transactions, placing
critical portfolio investment terms within users’ easy reach. With
a diverse client base of over 300 institutions ranging from
emerging and established venture managers to leading, multinational
asset managers, Aumni has evaluated more than $600 billion in
invested capital across more than 17,000 private companies.
The strategic acquisition of Aumni solidifies J.P. Morgan’s
commitment to building the leading private markets platform for
companies, their employees and investors, as well as its confidence
in the resilience of the venture-backed ecosystem. Aumni also
complements the recent launch of Capital Connect by J.P. Morgan and
the acquisition of Global Shares. Through continued investment in
Aumni, and its other private market assets, J.P. Morgan is
positioned to deliver an industry-leading suite of innovative
solutions to the private markets.
“We’re thrilled to see this collaboration come to fruition as
J.P. Morgan first invested in Aumni in 2021 and quickly realized
shared synergies of providing more transparency to the private
markets,” said Michael Elanjian, Head of Digital Investment
Banking, Head of Digital Private Markets, J.P. Morgan. “Aumni’s
market-leading data structuring and portfolio monitoring solutions,
combined with the capital raising and cap table management services
of Capital Connect and Global Shares, further enhances the
ecosystem of digital solutions that J.P. Morgan is building for
companies and investors in both growth and later-stage private
markets.”
“We are excited to partner with J.P. Morgan, expediting the
realization of our vision to bring more structure, transparency and
liquidity to the historically opaque private markets. Together, we
can create a best-in-class suite of services for private market
participants, enhancing the experience for all current and future
clients,” said Tony Lewis, CEO, Aumni.
Aumni remains committed to enhancing services to their clients,
and will continue to be headquartered in Salt Lake City, Utah.
J.P. Morgan was advised by J.P. Morgan Securities, LLC as
financial advisor and Sullivan & Cromwell LLP as legal counsel.
Aumni was advised by DLA Piper LLP as legal counsel.
About J.P. Morgan’s Corporate & Investment Bank J.P.
Morgan’s Corporate & Investment Bank is a global leader across
banking, markets and securities services. The world’s most
important corporations, governments and institutions entrust us
with their business in more than 100 countries. With $28.6 trillion
of assets under custody and $649.7 billion in deposits, the
Corporate & Investment Bank provides strategic advice, raises
capital, manages risk and extends liquidity in markets around the
world. Further information about J.P. Morgan is available at
www.jpmorgan.com.
About Aumni Aumni is a leading investment analytics
company delivering the most reliable data and insights for the
private capital markets. Founded in 2018, Aumni has developed a
cloud-based, global technology platform that provides portfolio
monitoring and market analytics to private market investors.
Headquartered in Salt Lake City, UT with significant operations in
the Philippines, Aumni has more than 350 employees globally. For
more information please visit www.aumni.fund.
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version on businesswire.com: https://www.businesswire.com/news/home/20230322005067/en/
Media Contact: Tasha Pelio 212-270-7441
tasha.pelio@jpmorgan.com
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